trending Market Intelligence /marketintelligence/en/news-insights/trending/LQiyPgAvIsOf10M_7YXYWw2 content esgSubNav
In This List

Mediacom inks retrans deal for 23 Nexstar stations

Podcast

MediaTalk Episode 27

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Podcast

MediaTalk | Episode 26: Video game industry growth softens amid post-pandemic hurdles

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future


Mediacom inks retrans deal for 23 Nexstar stations

Nexstar Broadcasting Group Inc. and Mediacom Communications Corp. signed a year-end retransmission consent agreement.

Pursuant to the deal, Mediacom will get retransmission rights to Nexstar stations within Nexstar's national footprint. The carriage agreement covers 23 Nexstar stations, according to a Dec. 27 Multichannel News report. The terms of the deal were not disclosed.

Nexstar in January agreed to buy Media General Inc. in a cash-and-stock deal, with Nexstar set to acquire all outstanding shares of Media General for $10.55 per share in cash and 0.1249 of a share of Nexstar class A common stock for each Media General share. The deal is awaiting a decision from the FCC, with the National Associations of Broadcasters pushing for an approval.