Advertisement
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
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
|
453 hari yang lalu
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
|
595 hari yang lalu
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
|
727 hari yang lalu
Pound Weakens In Cautious Trade
The pound dropped against its most major counterparts in the New York session on Monday amid renewed trade concerns, as President Donald Trump announced plans to impose a 100 percent tariff on movies produced in foreign countries.
RTTNews
|
3j 13min yang lalu
Swiss Market Ends Marginally Down After Choppy Session
Despite staying positive for much of the day's trading session, the Switzerland market closed slightly weak on Monday with a few stocks turning weak past mid afternoon, as investors turned cautious amid a lack of prominent triggers.
RTTNews
|
3j 55min yang lalu
European Stocks Closed Mixed After Cautious Session
European stocks turned in a mixed performance on Monday with investors closely following developments on the trade front, and continuing to react to quarterly earnings updates from big name European companies.
RTTNews
|
4j 19min yang lalu
Canadian Stocks Largely Subdued In Cautious Trade
After a slightly weak start and a subsequent drop to lower levels, the Canadian market recovered some lost ground Monday morning, but still struggles to move any significantly above the flat line.
RTTNews
|
4j 49min yang lalu
U.S. Services Index Unexpectedly Increases In April
A report released by the Institute for Supply Management on Monday showed an unexpected increase by its reading on U.S. service sector activity in the month of April. The ISM said its services PMI rose to 51.6 in April from 50.8 in March, with a reading above 50 indicating growth. Economists had expected the index to edge down to 50.6.
RTTNews
|
6j 34min yang lalu
