Nexstar Media Group executives participated in a Monday conference call to discuss its acquisition of a 75% stake in The CW Network. What will the investment mean to America’s largest owner of broadcast TV stations, from a housekeeping perspective?
Nexstar EVP/CFO Lee Ann Gliha offered some thoughts, but due to a poor connection they were not clearly delivered. We’ve gotten a transcript of her comments, and the biggest takeaway is that assumption of The CW will be immediate and seamless for Nexstar.
