Retrans Dollars Save Nexstar In Q1


Sinclair Broadcast Group may be basking in the glow of its just-announced deal for 21 regional sports networks the Walt Disney Co. must sell to complete its FOX deal, but it is Nexstar Media Group that’s been the shining star on Wall Street during Q1.

Its earnings report is equally impressive, only because of how its retransmission fees helped the company avoid a mid-single-digit revenue dip.

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