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Nexstar Media Reports Multi-Year Renewal Deal With CW TV Network For CW Network Affiliations In 37 Markets In US, No Terms Disclosed


Benzinga | May 20, 2021 09:18AM EDT

Nexstar Media Reports Multi-Year Renewal Deal With CW TV Network For CW Network Affiliations In 37 Markets In US, No Terms Disclosed

The CW Television Network and Nexstar Media Group, Inc. (NASDAQ:NXST) and its operating partners today announced that they have reached multi-year agreements to renew CW network affiliations in 37 markets across the country (28 Nexstar- and 9 partner-owned television stations). The agreements include five top-10 market affiliates: WPIX-TV in New York City, KTLA-TV in Los Angeles, KDAF-TV in Dallas, KIAH-TV in Houston, and WDCW-TV in Washington, D.C. Taken together, the 37 markets cover more than 31% of the U.S. audience, serving more than 38 million television households.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210520005646/en/

"As the nation's largest CW affiliate group, Nexstar is very pleased to extend its longstanding relationship with the network," said Tom Carter, Nexstar's President, Chief Operating Officer and Chief Financial Officer. "The CW's line-up of prime-time entertainment shows, coupled with Nexstar's highly-rated local news and other market-centric programming enables us to deliver great content to millions of viewers and exceptional value to our advertisers."

"We are pleased to extend our valued partnership, through a multi-year agreement, with our largest station group, Nexstar. The linear broadcast model remains the backbone of our business model and vitally important as it gives us the scale and local reach that distinguishes us in today's marketplace as the original multiplatform network," said Betty Ellen Berlamino, Executive Vice President, Distribution, The CW. "The successful launches of our new scripted series WALKER, SUPERMAN & LOIS and KUNG FU, added to our strong programming lineup that includes ALL AMERICAN, THE FLASH, RIVERDALE, NANCY DREW and BATWOMAN, combined with the local news and exclusive content produced by Nexstar will continue to deliver high quality viewing for our audience and a first-class advertising platform for our advertisers."






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