For Immediate Release
NORTHWEST BROADCASTING JOINS SINCLAIR, NEXSTAR AND UNIVISION AS THE FIRST AFFILIATE MEMBER IN THE CONSORTIUM TO PROMOTE BROADCAST SPECTRUM AGGREGATION, INNOVATION AND MONETIZATION
BALTIMORE, Maryland – June 14, 2017 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar”), Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”), and Univision Local Media, Inc. (“Univision”) (together referred to as “the Parties”) announced today that Northwest Broadcasting (“Northwest”) has agreed to the terms and is the first affiliate member of the consortium that will promote spectrum aggregation, innovation and monetization and enhance their abilities to compete in the wireless data transmission sector. The consortium has agreed to collaborate on a non-exclusive basis and continues to welcome the inclusion of other television broadcasting entities. Together, the four broadcasters that are party to the consortium reach approximately 90% of the country.
Read more…NXST-SBGI Consortium Adds Northwest Broadcasting 6-12-17 FINAL