CBS, Nexstar Renew Affiliate Stations Across 42 Markets
Nexstar and Paramount have struck a multiyear renewal of their affiliate agreement for CBS TV stations across 42 markets, the media companies announced Tuesday.
These stations include 40 owned by Texas-based Nexstar and two stations owned by Nexstar’s operating partner Mission Broadcasting. Combined, those stations make up 15% of the U.S. audience, reaching close to 19 million TV households.
As part of the deal, two of Paramount’s independent stations in Miami (Wbfs-tv) and Detroit (Wkbd-tv) will become affiliates of Nexstar’s CW network beginning Sept. 1, airing the network’s news, primetime entertainment, live sports and special event programming.
Financial terms of the deal, which was closed amid an ongoing proposed sale of Paramount to Skydance, were not disclosed.
This renewal pact comes just shy of two years after Nexstar announced plans to acquire majority ownership of the CW from Paramount and Warner Bros. Discovery, who at the time jointly owned 75% of the broadcaster.
These stations include 40 owned by Texas-based Nexstar and two stations owned by Nexstar’s operating partner Mission Broadcasting. Combined, those stations make up 15% of the U.S. audience, reaching close to 19 million TV households.
As part of the deal, two of Paramount’s independent stations in Miami (Wbfs-tv) and Detroit (Wkbd-tv) will become affiliates of Nexstar’s CW network beginning Sept. 1, airing the network’s news, primetime entertainment, live sports and special event programming.
Financial terms of the deal, which was closed amid an ongoing proposed sale of Paramount to Skydance, were not disclosed.
This renewal pact comes just shy of two years after Nexstar announced plans to acquire majority ownership of the CW from Paramount and Warner Bros. Discovery, who at the time jointly owned 75% of the broadcaster.
- 7/30/2024
- by Jennifer Maas
- Variety Film + TV
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