MUMBAI: Nexstar Media Group announced today that it entered into a long-term affiliation agreement Fox Broadcasting Company (“Fox”) covering its 17 full power and 2 low power owned or operated stations through 31 December, 2019. In addition, the Company has reached an over-the-top (“OTT”) master agreement with Fox, as well as specific agreements to launch on all the new internet-delivered programming services already distributing Fox programming.

Separately Fox Broadcasting Company extended the affiliation agreements for six stations owned by Mission Broadcasting, Inc., three stations owned by Marshall Broadcasting, Inc., one station owned by Shield Media, LLC, one station owned by White Knight Broadcasting, Inc. and one station owned by Super Towers, Inc., which are operated by Nexstar Media and these 12 stations have also entered into an over-the-top (“OTT”) master agreement with Fox, as well as individual opt-in agreements with the aforementioned new internet-delivered programming services.

Nexstar Media Group chairman, president and CEO Perry A. Sook stated, “Our new agreement reflects the complementary value that Fox’s programming brings to our viewers and stations when combined with Nexstar’s unique, locally-produced news programming and other content. Fox’s programming, including highly-rated sports content such as the NFL, MLB and NASCAR and scripted primetime shows including Empire and The X-Files, are popular with our viewers and our affiliation with FOX supports our goals for delivering great entertainment and information to viewers and advertisers anywhere, anytime and on any device, while creating a new revenue stream for Nexstar related to the OTT master agreement.”

Fox Networks Group president of distribution Michael Biard stated, “We are pleased to launch on emerging distribution services in all 31 Fox-affiliated markets. Our new agreements with Nexstar are an important part of our mutual efforts to extend audience reach while reflecting the value of our programming within the overall Fox network-affiliate relationship. We look forward to continuing our collaboration with Perry and his exceptional team.”