Sook’s Stock Swoon: Nexstar Erases Six Months Of Gains


How critical is a new retransmission consent agreement for one of the nation’s largest TV broadcasting companies, an entity that still awaits FCC approval of its proposed merger with Tribune Media?

For Nexstar Media Group, the lack of a retrans deal with AT&T for its three TV services is wreaking havoc for a stock that had zoomed to a record high just four months ago.

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