Reklāma
Nexstar Media And Fox Renew Multi-Year Agreement
(RTTNews) - Nexstar Media Group, Inc. (NXST), and Fox Corp. (FOXA, FOX) announced Tuesday that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the U.S., including those in six of the country's top twenty markets.
In addition, Fox Corp. has reached agreements to renew the FOX affiliations of 12 stations that have shared services agreements with Nexstar, 11 of which are owned by Mission Broadcasting, Inc., and one of which is owned by White Knight Broadcasting, Inc.
Collectively, these 41 television stations renewing their FOX affiliations reach almost 22 million television households. Financial terms of these agreements were not disclosed.
read more
Fox Q3 Profit Down, Revenues Climb, Both Ahead Of Market; Stock Gains
Media firm Fox Corp. reported Monday weak earnings in its third quarter on higher expenses, while revenues were higher, benefited mainly by advertising revenue growth of 65 percent, primarily due to the impact of Super Bowl LIX. Adjusted earnings and top line beat market estimates. In pre-market activity on the Nasdaq, the FOX shares were gaining around 3.8 percent.
RTTNews
|
156 days ago
Disney's ESPN, FOX, Warner Bros. Discovery To Launch Streaming Sports Service
Media companies ESPN, a subsidiary of Walt Disney Co., along with FOX and Warner Bros. Discovery are joining together to launch a streaming sports service in the United States in the fall of 2024. The companies have reached an understanding on principal terms to form a new joint venture to provide sports content all in one place outside of the traditional bundle.
RTTNews
|
617 days ago
DIRECTV, Nexstar Reach Multi-Year Distribution Agreement
DIRECTV Group Inc.(DTV) and Nexstar Media Group, Inc. (NXST) on Monday have officially reached a comprehensive new multi-year distribution agreement covering 176 Nexstar-owned local television stations and the company's national cable news network, NewsNation. Terms of the agreements were not disclosed.
RTTNews
|
758 days ago
Fox Q3 Results Top Estimates
Fox Corp. on Tuesday reported a net loss for the third quarter compared to a profit last year, primarily reflecting charges associated with legal settlement costs at FOX News Media. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also authorized a $7 billion stock repurchase program.
RTTNews
|
890 days ago
European Economic News Preview: UK GDP & Foreign Trade Data Due
National accounts and foreign trade data from the UK and final inflation from Italy are due on Thursday, headlining a light day for the European economic news.
RTTNews
|
10 minutes ago
Sensex, Nifty Open Higher On Trade Talk Optimism
Indian shares traded higher on Thursday as talks on a bilateral trade agreement between India and the United States picked up pace.
RTTNews
|
23 minutes ago
Australian Market Extends Early Gains In Mid-market
The Australian market is extending its early gains in mid-market moves on Thursday, adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 9,050 mark to fresh all-time highs, with gains in gold miners, energy and financial stocks partially offset by weakness in technology stocks.
RTTNews
|
1h 21min ago
Asian Markets Trade Mostly Higher
Asian markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid positive hints of another rate cut in a speech by U.S. Fed Chair Jerome Powell as traders assessed the implications of escalating U.S.-China trade friction. Asian markets closed mostly higher on Wednesday.
RTTNews
|
1h 33min ago
