Nexstar Reaches New Distribution Agreement With DISH Network

(RTTNews) - Nexstar Broadcasting Group, Inc. (NXST) said it reached a new distribution agreement with DISH Network, L.L.C. (DISH) allowing the satellite television provider the right to continue to air Nexstar's highly rated programming.

The agreement covers Nexstar's broadcast platform, inclusive of 60 network affiliated and local stations in 46 markets. On December 8, Nexstar granted DISH an extension until 11:59 p.m. ET tonight to the companies' previous agreement.

Nexstar said it is delighted that DISH subscribers in its markets will have uninterrupted access to leading network content from NBC, CBS, ABC, FOX, MyNetworkTV, The CW, and Telemundo as well as local news and other programming produced specifically for local communities.

The firm is also proud of the fact that no material service interruptions related to distribution agreements have occurred with its station group since 2005.

NXST closed down 1.9 percent at $51.76, and DISH fell 1.2 percent to $70.56.