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Nexstar signs deal to renew FOX network affiliations

Nexstar Media Group Inc. and Fox Corp. unit Fox Broadcasting Co. LLC reached an agreement to renew FOX (US) network affiliations.

The multiyear deal covers FOX network affiliations for stations that Nexstar owns, operates, programs or provides services to in 31 markets.

The agreement will also cover the eight FOX affiliates that Nexstar is acquiring from Tribune Media Co. upon closing of the acquisition. Following its pending acquisition of Tribune, Nexstar will own, operate, program or provide services to FOX affiliates in 39 markets and will be the largest independent operator of FOX-affiliated stations, covering 16% of the U.S. and serving more than 17.5 million households.

Financial terms of the agreement were not disclosed.