Univision Local Media Joins The Sinclair And Nexstar Consortium To Promote Broadcast Spectrum

NEWS ANNOUNCEMENT                                                                    For Immediate Release

UNIVISION LOCAL MEDIA JOINS THE SINCLAIR AND NEXSTAR CONSORTIUM TO
PROMOTE BROADCAST SPECTRUM AGGREGATION, INNOVATION AND MONETIZATION

IRVING, Texas and BALTIMORE, Maryland – June 1, 2017 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar”) and Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”), (together referred to as “the Parties”) announced today that Univision Local Media, Inc. (“Univision”) is now a party to the memorandum of understanding regarding the establishment of a 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, Nexstar, Sinclair and Univision reach approximately 90% of the country. 

Read more…NXST-SBGI Consortium Adds Univision 6-1-17 FINAL

RECENT NEWS RELEASES