Nexstar, Fox Broadcasting Renew Affiliation Deals - Quick Facts

(RTTNews) - Nexstar Media Group Inc. (NXST) and Fox Broadcasting Company LLC, a subsidiary of Fox Corp. (FOXA, FOX) reached a multi-year agreement that renews FOX network affiliations for stations that Nexstar owns, operates, programs or provides services to, in 31 markets that reach about 8% of the U.S.

In addition, the new agreement will also cover the eight FOX affiliates that Nexstar is acquiring from Tribune Media Company, following closing of the acquisition.

Nexstar said that, upon closing of Tribune acquisition, it will own, operate, program or provide services to FOX affiliates in 39 markets and will be the largest independent operator of FOX-affiliated stations, covering 16% of the U.S. and serving more than 17.5 million households.