Nexstar and AT&T Statement on New Distribution Agreement

Multi-Year Agreement Covers Nexstar-Owned Local Stations in 97 Markets

Across DIRECTV, AT&T TV and U-verse Platforms

Aug. 29, 2019 – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and AT&T (NYSE: T) have entered into a new multi-year retransmission consent agreement to provide Nexstar-owned network affiliated and local broadcast stations to customers of AT&T’s video platforms in 97 markets across the United States.

Nexstar local stations are now returning to any impacted DIRECTV, AT&T TV and U-verse platforms.

“Our customers want more choice and value and we are pleased to deliver that through this new agreement with Nexstar and its many local stations,” said Rob Thun, Senior Vice President of Content and Programming, AT&T Communications.

“Nexstar’s long-standing commitment is to provide exceptional programming and service to the local communities we serve across the United States and this new multi-year agreement will allow us to continue delivering our stations’ leading network and sports content as well as local news and other programming to AT&T subscribers in our markets,” stated Keith Hopkins, Senior Vice President, Distribution, Nexstar Media Group, Inc.

AT&T and Nexstar regret the inconvenience incurred by customers, viewers and advertisers, and we thank them for their patience, as the new agreement was being finalized.

Financial terms were not disclosed.

For AT&T, contact:

Thomas Tyrer                                    

AT&T Corporate Communications

310/874-0441    

Tt917w@att.com

Gretchen Schultz

AT&T Corporate Communications

407/324-6009

Gs1402@att.com

For Nexstar, contact:

Elizabeth Ryder

Executive Vice President & General Counsel

Nexstar Media Group, Inc.

972/373-8800

Joseph Jaffoni, Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com

UPDATED FAQ – August 9, 2019

AT&T’S DIRECTV and U-verse subscribers continue to be without WOI & KCWI as AT&T continues their recent track record of making local stations unavailable to their subscribers. Contact AT&T today at 855-937-9462 for WOI and 855-937-9637 for KCWI and demand that they “Bring back my WeAreIowa ABC & CW channels!”

ABC (WOI) AT&T Customer Service – 855-937-9462

CW (KCWI) AT&T Customer Service – 855-937-9637

Updated as of August 8, 2019

Q: What is the latest status on the negotiations?

A: Over the past month, Nexstar Media (parent company of WOI & KCWI, has been working hard to bring back your local stations. Unfortunately, AT&T (parent company of DIRECTV, U-verse, and DIRECTV Now) does not see the same value for WOI & KCWI and the other local Nexstar stations as their paying subscribers see.  We have received tremendous support from local and state representatives who have encouraged AT&T to bring back our stations for the benefit of our viewers.

Q: Are you still negotiating with AT&T?

A: We continue to engage with AT&T to bring back WOI & KCWI and negotiate in good faith, but progress has been slow.  All of this could have been avoided if AT&T accepted the multiple overtures by Nexstar to extend the current agreement for 30 days.

Q: How long will this dispute last?

A: At this point in time, we cannot accurately predict when, or if, AT&T will bring back WOI & KCWI but know we remain engaged in good faith to continue our negotiations and discussions with them.  To ensure you receive WOI & KCWI ASAP, we recommend you switch your video provider today, you have options.

Q: What other programming will I miss?

A:  You will continue to miss your Local 5 News, Iowa Live Morning programming, emergency service updates, and the fall season premieres of your favorite shows A Million Little Things, Emergence, and Batwoman

Q: Is it normal for AT&T to remove local programming from their lineup?

A: Recently, AT&T has routinely been involved in disputes with content providers. Following the removal of Nexstar Stations in July, AT&T dropped all CBS owned and operated stations in over a dozen markets.  Earlier in 2019, more than 20 other non-Nexstar stations were removed from the AT&T lineup. Unfortunately, for some paying AT&T subscribers, that means that they have been without two or even three of their local stations!

Q: Where will WOI & KCWI programming still be available?

A: No other cable or satellite company is affected; only AT&T subscribers have had their favorite news, comedies, dramas, and sports taken away.  Among the other providers available that see the value in local content include DISH (855-898-6730) and your local cable company.

Q: AT&T has offered me a credit on my next bill up to $75, or they have sent me a local antenna, why should I not stay with them?

A: Your value to AT&T is much greater than a one-time $75 credit, so they are in fact saving money by providing this to you in hopes to persuade you to stay on as a subscriber.  As for the antenna that has been sent out, we are already hearing about connectivity issues, and even if this helps restore WOI & KCWI to your television set, what about next time?  We all know with AT&T there will be a next time.  If AT&T has not provided you with a $75 credit, we suggest you ask that when you call 855-937-9462 for WOI and 855-937-9637 for KCWI.

Q: What can I do about this situation?

A: You should continue to reach out to AT&T by calling them at 855-937-9462 for WOI and 855-937-9637 for KCWI to demand they bring back your favorite local news source! You can also contact other local providers including DISH (855-898-6730) and switch to make sure you are treated fairly and get the programming you want.   Demand AT&T returns WOI & KCWI and the content you want, pay for, and deserve!

PRESS RELEASE JULY 11, 2019

AT&T’S ACTIONS CONTRAST SHARPLY WITH ITS PUBLIC COMMENTARY;
EIGHT BROADCAST GROUPS PRESENTLY WITHOUT CARRIAGE RESULTING IN CONCENTRATED LOSS OF SERVICE TO CONSUMERS IN THIRTEEN U.S. MARKETS

AT&T Withholds Content from Subscribers Rather than Negotiate
with Broadcasters at Fair Market Rates

IRVING, Texas, July 11, 2019 – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) set the record straight today with legislators, regulators, consumers and others related to ongoing negotiations between the parties on a distribution agreement that will allow AT&T to continue to offer Nexstar’s highly rated network and local community programming to its subscribers.

The misinformation campaign began when AT&T indicated that “Nexstar pulled 120 of its local broadcast stations…” Nexstar did not pull its stations or ask for their removal from AT&T’s DIRECTV, U-verse or DIRECTV NOW platforms. Rather, Nexstar’s offer for a 30 day extension would have allowed consumers in the affected markets to continue viewing their favorite network shows, special events, sports, local news and other programming while the parties continue negotiations.

AT&T in its “External Fact Sheet” and in communications to elected officials, erroneously asserts that Nexstar has been involved in blackouts with Cox Cable, DISH Network, Charter Spectrum “and others” when in fact Nexstar has never had DISH Network or Charter Spectrum remove its stations from their consumer video offerings. The facts are that Nexstar has established a long-term record of completing hundreds of agreements with multichannel video programming distributors (“MVPDs” or cable TV, satellite TV, telecom companies) for the carriage of its television stations and is proud that it has never, in its 23-year history, had a service interruption related to distribution agreements of the magnitude of the AT&T/DIRECTV interruption. Over the past 20 months alone, Nexstar has successfully renewed more than 390 distribution agreements with cable providers for the carriage of Nexstar’s stations, including a new agreement with Cox.

In contrast, following its 2015 acquisition by AT&T, DIRECTV has been routinely involved in disputes with content providers and has dropped or threatened to black out network and local community programming from Viacom, SJL Broadcasting/Lilly Broadcasting, and others. AT&T also fails to inform readers that between May 30, 2019 and June 10, 2019 alone, AT&T/DIRECTV customers lost access to the network and local content of at least 20 other non-Nexstar stations due to its failure to reach fair agreements with ten other broadcasters. At this time, AT&T has disputes with broadcasters and dropped local broadcast stations from several station operators (including Deerfield Media, MPS Media, GoCom Media of Illinois, Howard Stirk Holdings, Roberts Media, Second Generation of Iowa, Waitt Broadcasting, Mercury Media Group, Northwest Broadcasting and Nexstar), resulting in concentrated black outs of local programming and service for its customers in thirteen U.S. markets (see table below).

Notably, in addition to its ownership of DIRECTV — the nation’s largest direct broadcast satellite service provider and in some markets, the sole source of a broadcast signal — in 2018 AT&T acquired Time Warner including global media and entertainment giants Warner Bros., HBO, Turner and CNN.

A little more than a year after putting DIRECTV together with Time Warner, AT&T appears intent on using its new market power to prioritize its own content at the expense of consumers, and insisting on unreasonable terms that are inconsistent with the market. As measured by stock market capitalizations, AT&T is approximately 50 times larger than Nexstar and the size disparity is even greater relative to the other broadcasters that AT&T has currently blacked out. As one legislator noted in his letter to AT&T’s CEO, “This cutoff seems to have the sole purpose of enhancing DirecTV bargaining leverage – with severe harm to Connecticut consumers.”

Perhaps the most egregious of the AT&T statements since they removed Nexstar and other broadcasters’ programming is, “We have asked – and will continue to ask – Nexstar to restore its channels while we work privately to close an agreement that offers our customers the content they want at a value that also makes sense to them.” Apparently AT&T’s attention over the last week has not been on its customers and viewers that it has deprived of local programming as Nexstar has repeatedly reiterated its offer to AT&T/DIRECTV of an extension through August 8, which would have provided viewers with uninterrupted access to their favorite network shows, special events, sports, local news and other programming until a new agreement can be reached.

Nexstar wants nothing more than to bring its programming back to viewers by completing a new fair market agreement with AT&T and continues to negotiate in good faith to establish a mutually agreeable contract with DIRECTV. Nexstar has offered AT&T/DIRECTV the same rates it offered to other large distribution partners with whom it completed successful negotiations with in 2019 to date.

Nexstar remains hopeful that a resolution can be reached immediately, but should AT&T fail to come to terms with Nexstar, Nexstar intends to continue to actively educate consumers in affected markets on how they can continue to receive their favorite network programming, in-depth local news, other content and programming relevant to their communities, and critical updates in times of emergencies. AT&T’s attempts to disparage Nexstar will not be tolerated and their misguided efforts to fool their viewers as well as legislators and regulators, the investment community and the public at-large warranted a response.

Consumers and viewers affected by AT&T/DIRECTV’s blackout can contact AT&T/DIRECTV directly at 208 South Akard Street, Dallas, TX 75202 and by phone at 855-567-1569 or 210-821-4105. Viewers affected by the loss of service from DIRECTV have several alternatives to continue watching their favorite shows including local cable providers, DISH, over-the-air, certain subscription streaming television services, and services such as Verizon’s FIOS.

Select List of Markets Without Service From More Than One Major Network:
BROADCAST MARKET
STATIONS DROPPED BY AT&T
STATION OWNER

  1. Pensacola, FL-Mobile, AL
    WPMI-TV (NBC) Deerfield Media
    WJTC-TV (Independent) Deerfield Media
    WFNA-TV (CBS) Nexstar
    WKRG-TV (CW) Nexstar
  2. Rochester, NY
    WHAM-TV (ABC) Deerfield Media
    WROC-TV (CBS) Nexstar
  3. Scranton-Wilkes Barre, PA
    WSWB-TV (CW) MPS Media
    WBRE-TV (NBC) Nexstar
  4. Springfield-Champaign, IL
    WRSP-TV (FOX) GoCom Media of Illinois
    WCIA-TV (CBS) Nexstar
    WCIX-TV (MyNetworkTV) Nexstar
  5. Florence-Myrtle Beach, SC
    WWMB-TV (CW) Howard Stirk Holdings
    WBTW-TV (CBS/MyNetworkTV) Nexstar
  6. Sioux City, IA
    KMEG-TV (CBS) Waitt Broadcasting
    KCAU-TV (ABC) Nexstar
  7. Alexandria, LA
    KLAX-TV (ABC) Northwest Broadcasting
    WNTZ-TV (FOX) Nexstar
  8. Binghamton, NY
    WICZ-TV (FOX) Northwest Broadcasting
    WBPN-LP (MyNetworkTV) Northwest Broadcasting
    WIVT-TV (ABC) Nexstar
    WBGH-TV (NBC) Nexstar
  9. Syracuse, NY
    WSYT-TV (FOX) Northwest Broadcasting
    WNYS-TV (MyNetworkTV) Northwest Broadcasting
    WSYR-TV (ABC) Nexstar

About Nexstar Media Group, Inc.
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities

Forward-Looking Statements
This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the Securities and Exchange Commission.

Contact:
Elizabeth Ryder
Executive Vice President & General Counsel
Nexstar Broadcasting Group, Inc.
972/373-8800

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

PRESS RELEASE JULY 9, 2019

LEGISLATORS FROM EIGHT STATES HAVE NOW CALLED ON AT&T TO NEGOTIATE IN GOOD FAITH AND RESTORE NEXSTAR’S STATIONS AND PROGRAMMING

Barring Immediate Action from AT&T, Viewers in 20 Local Markets will be Unable to Access Tonight’s 2019 Major League Baseball All-Star Game on DIRECTV and AT&T U-verse

IRVING, Texas, July 9, 2019 – United States Senators John Thune of South Dakota and John Kennedy of Louisiana join Connecticut Senator Richard Blumenthal as well as legislators from West Virginia, Ohio, South Dakota, Massachusetts, New York and Alabama in issuing letters urging direct broadcast satellite service provider DIRECTV and AT&T U-verse to immediately restore carriage of Nexstar-owned stations.

In his July 8, 2019 letter Senator Thune stated, “I strongly encourage AT&T/DIRECTV to provide carriage of KELO-TV and KCLO-TV through August 2, 2019, as requested by Nexstar, so that the parties can continue negotiations without impacting consumers’ ability to view their local news coverage in the affected broadcast markets.” Similarly, in a letter directed to AT&T’s CEO, Senator Kennedy cites the probable impact to consumers in Louisiana at the height of hurricane season, stating “I am concerned that your failure to reach an agreement is negatively impacting Louisiana families. I am especially concerned about customers losing access to up-to-date weather information in the event that the tropical depression currently forming in the Gulf of Mexico turns into a hurricane.” In closing, Senator Kennedy requests of AT&T, “I encourage you to accept Nexstar’s offer of a short-term extension while you resolve your differences.”

In New York, U.S. Congressman Anthony Brindisi issued a public statement calling on “…cable giant AT&T to negotiate in good faith with local broadcasters to continue to deliver local programming to their viewers. As thousands of Upstate New Yorkers lost access to their local television station this weekend, Brindisi went to bat for the local viewers. Local television provides critical programming for folks all across our district,” Brindisi said. “These blackouts are a public safety issue. Many New Yorkers use local television to find out about breaking news, traffic accidents, and important weather events. These blackouts need to end.”

Effective 11:59 p.m. CT on July 3, 2019, AT&T/DIRECTV dropped the network and local community programming for Nexstar-owned stations impacting viewers in 97 markets across the country. The action follows AT&T/DIRECTV’s refusal to accept Nexstar’s offer for an extension which would have allowed viewers in Louisiana as well as all other affected markets to view their favorite network shows, special events, sports, local news and other programming while the parties continue to negotiate.

Since AT&T removed scores of local Nexstar Broadcasting television stations, viewers across the United States have expressed their outrage at AT&T/DIRECTV complaining about the loss of critical and lifesaving information as well as the loss of holiday programming and the US Women’s National Soccer Team’s historic World Cup finals game win which brought Team USA their fourth title. Since AT&T’s removal of the Nexstar stations, viewers have been denied access to over 2,400 hours of local news. Tonight, viewers in 20 local markets will be unable to watch the 2019 Major League Baseball All-Star Game through their AT&T/DIRECTV subscriptions.

Nexstar continues to negotiate in good faith to establish a mutually agreeable contract with AT&T/DIRECTV and has offered AT&T/DIRECTV the same rates it offered to other large distribution partners with whom it completed successful negotiations with in 2019 to date. Nexstar stands by its offer to permit AT&T to relaunch its stations on DIRECTV and AT&T Uverse through August 8 while the parties continue negotiations.

A little more than a year after putting DIRECTV together with Time Warner, AT&T appears intent on using its new market power to prioritize its own content at the expense of consumers, and insisting on unreasonable and extreme terms that are inconsistent with the market. As measured by stock market capitalizations, AT&T is approximately 50 times larger than Nexstar. As Senator Blumenthal noted in his letter dated July 5, “This cutoff seems to have the sole purpose of enhancing DirecTV bargaining leverage – with severe harm to Connecticut consumers.”

The only conclusion that can be drawn from DIRECTV/AT&T’s refusal to accept Nexstar’s offer of an extension is that rather than working on behalf of their subscribers, AT&T-DIRECTV continues to raise prices while reducing channels and content offerings. AT&T/DIRECTV is routinely involved in disputes with content providers and following its 2015 acquisition by AT&T, DIRECTV has dropped or threatened to black out network and local community programming from Viacom, SJL Broadcasting/Lilly Broadcasting, Deerfield Media, GoCom Media of Illinois, Howard Stirk Holdings, Mercury Broadcast Group, MPS Media, Nashville License Holdings, Roberts Media, Second Generation of Iowa and Waitt Broadcasting, among others.

Over the past 20 months alone, Nexstar has successfully renewed more than 390 distribution agreements with cable providers for the carriage of Nexstar’s stations. Nexstar deeply regrets DIRECTV/AT&T’s decision to deprive viewers in the affected markets of broadcasts of leading network content from ABC, CBS, FOX, NBC, CW, and MyNetworkTV as well as local news and other programming produced specifically for these local communities and will continue to try to reach a fair agreement with AT&T/DIRECTV and allow its viewers to receive their local stations again.
Consumers and viewers affected by AT&T/DIRECTV’s blackout can contact AT&T/DIRECTV directly at 208 South Akard Street, Dallas, TX 75202 and by phone at 855-567-1569 or 210-821-4105. Viewers affected by the loss of service from DIRECTV have several alternatives to continue watching their favorite shows including local cable providers, DISH, over-the-air, certain subscription streaming television services, and services such as Verizon’s FIOS.

A full copy of Senator Thune and Senator Kennedy’s letters to AT&T’s CEO are available on Nexstar’s website www.nexstar.tv. A full copy of Congressman Brindisi’s statement regarding the matter is available at: https://brindisi.house.gov/media/press-releases/brindisi-calls-cable-company-end-blackouts-behalf-local-consumers.

About Nexstar Media Group, Inc. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities

Forward-Looking Statements
This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the Securities and Exchange Commission.

Contact:
Elizabeth Ryder
Executive Vice President & General Counsel
Nexstar Broadcasting Group, Inc.
972/373-8800

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

PRESS RELEASE JULY 8, 2019

CONNECTICUT SENATOR BLUMENTHAL CALLS ON DIRECTV AND AT&T U-VERSE TO ACCEPT NEXSTAR’S EXTENSION OFFER TO IMMEDIATELY RESTORE CARRIAGE OF NETWORK AND LOCAL COMMUNITY PROGRAMMING

IRVING, Texas, July 8, 2019 – Connecticut Senator Richard Blumenthal has issued a letter urging direct broadcast satellite service provider DIRECTV and AT&T U-verse to immediately restore carriage of Nexstar-owned WTNH-TV (ABC) and WCTX-TV (MyNetworkTV). Effective 11:59 p.m. CT on July 3, 2019, AT&T/DIRECTV dropped the network and local community programming for Nexstar-owned stations impacting viewers in 97 markets across the country. The action follows AT&T/DIRECTV’s refusal to accept Nexstar’s offer for an extension which would have allowed viewers in Hartford-New Haven as well as other affected markets to view their favorite network shows, special events, sports, local news and other programming while the parties continue to negotiate.

In the letter dated July 5, Senator Blumenthal acknowledges that local consumers “value Connecticut-based journalism and broadcasting” and strongly urges AT&T/DIRECTV to “immediately provide carriage of WTNH and WCTX through at least August 2, 2019 as requested by Nexstar” which would provide both parties time to come to an agreement “without barring AT&T/DirecTV consumers from viewing their local news coverage.”

Nexstar continues to negotiate in good faith to establish a mutually agreeable contract with AT&T/DIRECTV and has offered AT&T/DIRECTV the same rates it offered to other large distribution partners with whom it completed successful negotiations with in 2019 to date. Contrary to AT&T’s public statements, Nexstar in no way pulled its stations or asked for their removal from AT&T/DIRECTV’s DIRECTV, U-verse or DIRECTV NOW platforms. In the time leading up to the expiration of the agreement, Nexstar not only offered an extension until August 2, but also offered AT&T/DIRECTV its availability to meet in-person to avoid any disruption in service to its customers and our viewers. Nexstar once again reiterated its offer of an extension on July 4, when AT&T/DIRECTV unilaterally dropped the network and local community programming, and on July 5, following the receipt of Senator Blumenthal’s letter.

Nexstar has yet to receive a response from AT&T/DIRECTV regarding its extension offer. As Senator Blumenthal notes, “This cutoff seems to have the sole purpose of enhancing DirecTV bargaining leverage – with severe harm to Connecticut consumers.”

AT&T/DIRECTV is routinely involved in disputes with content providers and following its 2015 acquisition by AT&T, DIRECTV has dropped or threatened to black out network and local community programming from Viacom, SJL Broadcasting/Lilly Broadcasting, and others. Between May 30, 2019 and June 10, 2019 alone, viewers of at least 20 other non-Nexstar stations (owned by Deerfield Media, GoCom Media of Illinois, Howard Stirk Holdings, Mercury Broadcast Group, MPS Media, Nashville License Holdings, Roberts Media, Second Generation of Iowa and Waitt Broadcasting) lost access to network and local content.

Over the past 20 months alone, Nexstar has successfully renewed more than 390 distribution agreements with cable providers for the carriage of Nexstar’s stations. Nexstar will continue to try to reach a fair agreement with AT&T/DIRECTV and allow its viewers to receive their local stations again. Nexstar agrees with Senator Blumenthal that the public interest is best served by restoring carriage of Nexstar-owned stations to local viewers as soon as possible. As a result, Nexstar is once again reiterating its offer of an unconditional extension of the existing distribution agreement for 30 days to restore the blacked-out programming to viewers and allow the parties to reach a new agreement.

Consumers and viewers affected by AT&T/DIRECTV’s blackout can contact AT&T/DIRECTV directly at 208 South Akard Street, Dallas, TX 75202 and by phone at 855-567-1569 or 210-821-4105.
A full copy of Senator Blumenthal’s letter is available on Nexstar’s website www.nexstar.tv.

About Nexstar Media Group, Inc.
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.

Forward-Looking Statements This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas,

Competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the Securities and Exchange Commission.

Contact:
Elizabeth Ryder
Executive Vice President & General Counsel
Nexstar Broadcasting Group, Inc.
972/373-8800

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

PRESS RELEASE JULY 5, 2019

VIEWERS ACROSS THE COUNTRY DEPRIVED OF CRITICAL LOCAL EMERGENCY NEWS, HOLIDAY SPECIALS, LOCAL NEWS AND UPCOMING TEAM USA WOMEN’S WORLD CUP FINAL MATCH FOLLOWING AT&T/DIRECTV’S REMOVAL OF NEXSTAR LOCAL TV STATIONS IN 97 MARKETS

IRVING, Texas, July 5, 2019 – Viewers across the United States have expressed their outrage at AT&T/DIRECTV following their removal of scores of local Nexstar Broadcasting television stations which began on the Fourth of July. For example, as a result of AT&T/DIRECTV’s actions, AT&T/DIRECTV subscribers in Bakersfield, California were unable to receive local Nexstar televised news updates, in both English and Spanish, regarding the large earthquake there.

At present, Hawaii is bracing for severe weather as Hurricane Barbara tracks across the Pacific. Nexstar’s KHON, the number one television station in Honolulu, is providing constant updates on weather models and local conditions. Although it appears Hurricane Barbara will not be a direct hit—torrential rain and severe thunderstorms are expected to begin on Monday and continue for three days. AT&T/DIRECTV serves the majority of the TV households on the Big Island where the storm is expected to be the worst and viewers need KHON for important weather and safety updates.

Similarly, a Louisiana viewer of Nexstar’s local stations that is highly concerned with the AT&T/DIRECTV blackout noted, “We in Louisiana are in the middle of hurricane season – WE NEED OUR LOCAL STATION! We pay enough money to have this service – BRING OUR LOCAL STATION BACK!”
Yesterday alone viewers were also denied access to over 530 hours of local news. Consumers are also complaining about missing their favorite network affiliated shows, the Annual Macy’s 4th of July Fireworks event that celebrates the nation as well as over twenty home-town Fourth of July events that Nexstar stations produced specifically for their local markets. This Sunday, July 7, affected AT&T/DIRECTV viewers will be unable to watch the US Women’s National Soccer Team’s historic World Cup finals game, an event which has drawn growing national interest as the success and personalities of team USA seeks their fourth title.

Nexstar has been negotiating in good faith to establish a mutually agreeable contract with AT&T/DIRECTV and has offered AT&T/DIRECTV the same rates it offered to other large distribution partners with whom it completed successful negotiations with in 2019 to date. Over the past 20 months alone, Nexstar has successfully renewed more than 390 distribution agreements with cable providers for the carriage of Nexstar’s stations. Nexstar would like to continue to try to reach a fair agreement with AT&T/DIRECTV and allow its viewers to receive their local stations again.
AT&T/DIRECTV is routinely involved in disputes with content providers and following its 2015 acquisition by AT&T, DIRECTV has dropped or threatened to black out network and local community programming from Viacom, SJL Broadcasting/Lilly Broadcasting, and others. Between May 30, 2019 and June 10, 2019 alone, viewers of at least 20 other non-Nexstar stations (owned by Deerfield Media, GoCom Media of Illinois, Howard Stirk Holdings, Mercury Broadcast Group, MPS Media, Nashville License Holdings, Roberts Media, Second Generation of Iowa and Waitt Broadcasting) lost access to network and local content.

Unfortunately, AT&T/DIRECTV did not accept Nexstar’s offer for an extension which would have allowed viewers in the affected markets to view their favorite network shows, special events, sports, local news and other programming on the Fourth of July and until such time as a new agreement can be reached. Contrary to AT&T’s public statements, Nexstar in no way pulled its stations or asked for their removal from AT&T/DIRECTV’s DIRECTV, U-verse or DIRECTV NOW platforms. Nexstar is also reiterating its offer of an unconditional extension of the existing distribution agreement for 30 days to restore the blacked-out programming to viewers and allow the parties to reach a new agreement.

Consumers and viewers affected by AT&T/DIRECTV’s blackout can contact AT&T/DIRECTV directly at 208 South Akard Street, Dallas, TX 75202 and by phone at 855-567-1569 or 210-821-4105.

About Nexstar Media Group, Inc.
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities,

Forward-Looking Statements
This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas,

Competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the Securities and Exchange Commission.

Contact:
Elizabeth Ryder
Executive Vice President & General Counsel
Nexstar Broadcasting Group, Inc.
972/373-8800

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

PRESS RELEASE JULY 4, 2019

AT&T/DIRECTV BLACKS OUT LOCAL TV STATIONS IN 97 MARKETS ACROSS THE USA ON JULY 4th AFTER REJECTING NEXSTAR OFFERS TO EXTEND ACCESS FOR CONSUMERS TO LEADING LOCAL CONTENT

DIRECTV/AT&T Once Again Holds its Subscribers Hostage Instead of Negotiating in Good Faith and Reaching a Fair Market Rate Agreement with Nexstar, Other Broadcasters and Content Providers

IRVING, Texas, July 4, 2019 – Effective 11:59 p.m. local time on July 3, direct broadcast satellite service provider DIRECTV and AT&T U-verse unilaterally dropped the network and local community programming for over 120 stations impacting consumers and viewers in 97 markets across the United States.  The action follows DIRECTV ’s refusal to accept an offer of an unconditional extension of the existing distribution agreement to August 2 to allow the stations’ owner, Nexstar Broadcasting Group, Inc. (“Nexstar”) and DIRECTV/AT&T to reach a new agreement allowing the direct broadcast satellite service provider (as well as AT&T’s U-verse systems and its’ subscription streaming television service, DIRECTV NOW) the right to continue to air the highly rated programming.

With its long-term record of delivering exemplary service to the local markets where it operates, Nexstar deeply regrets DIRECTV/AT&T’s rejection of the extension as it deprives viewers in the affected markets of broadcasts of leading network content from ABC, CBS, FOX, NBC, CW, and MyNetworkTV as well as local news and other programming produced specifically for these local communities. Viewers affected by the loss of service from DIRECTV have several alternatives to continue watching their favorite shows including local cable providers, DISH, over-the-air, certain subscription streaming television services, and services such as Verizon’s FIOS.

The development is highly unusual for Nexstar but far more common for DIRECTV/AT&T.  Nexstar has established a long-term record of completing hundreds of agreements with multichannel video programming distributors (“MVPDs” or cable TV, satellite TV, telecom companies) for the carriage of its television stations and is proud that it has never in its 23-year history had a service interruption related to distribution agreements of the magnitude of the AT&T/DIRECTV interruption.   In contrast, DIRECTV is routinely involved in disputes with content providers and following its 2015 acquisition by AT&T has dropped or threatened to black out network and local community programming from DISH Network, Viacom, SJL Broadcasting/Lilly Broadcasting, and others. Between May 30, 2019 and June 10, 2019 alone, viewers of at least 20 other non-Nexstar stations (owned by Deerfield Media, GoCom Media of Illinois, Howard Stirk Holdings, Mercury Broadcast Group, MPS Media, Nashville License Holdings, Roberts Media, Second Generation of Iowa and Waitt Broadcasting) lost access to network and local content as a result AT&T/DIRECTV’s refusal to accept fair market rates for the distribution of leading non-AT&T programming.  Notably, in addition to its ownership of DIRECTV, the nation’s largest direct broadcast satellite service provider, in 2018 AT&T acquired Time Warner including global media and entertainment giants Warner Bros., HBO, Turner and CNN. 

Nexstar has been negotiating in good faith to establish a mutually agreeable contract with DIRECTV. Significantly, Nexstar has offered DIRECTV the same rates it offered to other large distribution partners with whom it completed successful negotiations with in 2019 to date.  While Nexstar believed progress was being made in the negotiations, DIRECTV misled Nexstar as it requested that viewers not be informed about the pending expiration as long as negotiations were continuing to be constructive.  Yet, with minutes to go before the prior agreement was to expire, DIRECTV/AT&T did not accept Nexstar’s offer for an extension which would have allowed viewers in the affected markets to view their favorite network shows, special events, sports, local news and other programming on the Fourth of July and until such time as a new agreement can be reached. A little more than a year after putting DIRECTV together with Time Warner, AT&T appears intent on using its new market power to prioritize its own content at the expense of consumers, and insisting on unreasonable and extreme terms that are totally inconsistent with the market. In January, AT&T raised prices on DIRECTV and in April it put through a price increase for its streaming subscription service, DIRECTV NOW. 

Nexstar remains eager to complete an agreement with DIRECTV consistent with those it has made with every other cable, satellite and telco provider in order to end DIRECTV ’s action that is both unnecessary and punitive to its subscribers.  In this regard, in the time leading up to the expiration of the agreement with DIRECTV/AT&T, Nexstar not only offered an extension until August 2, it also offered DIRECTV/AT&T its availability “over the next 30 days to meet with you in-person on the following dates:  July 12, 13, 14, 15, 23, 26, 27, 28, 29, 30 as well as August 1 and 2” adding, “We are willing to dedicate as many of these dates as needed.  Not knowing when you and your decision makers are available, to avoid any disruption in service to your customers and our viewers in 97 markets across the country, we propose an extension of the current agreement through Friday August 2nd.”  This is the customary process when negotiations for distribution rights are not completed when the current agreement expires. The only conclusion that can be drawn from DIRECTV/AT&T’s refusal to accept Nexstar’s offer of an extension is that rather than working on behalf of their subscribers, AT&T-DIRECTV continues to raise prices while reducing channels and content offerings.

Nexstar is highly committed to consistently elevating the level of service provided to local communities in the markets it serves across the United States by making meaningful capital investments to expand local news, lifestyle, sports, weather and other programming and enhancing station infrastructure, production resources and technologies.  Nexstar regrets that DIRECTV is willing to hold its paying subscribers hostage because it won’t agree to fair and reasonable terms for viewers’ favorite programming.

Consumers and viewers affected by DIRECTV/AT&T’s blackout can contact DIRECTV/AT&T directly at 208 South Akard Street, Dallas, TX 75202 and by phone at 855-567-1569 or 210-821-4105.

About Nexstar Broadcasting Group, Inc. Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 174 full power television stations and related digital multicast signals reaching 100 markets or nearly 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities

Forward-Looking Statements This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the Securities and Exchange Commission.

Contact:
Elizabeth Ryder
Executive Vice President & General Counsel
Nexstar Broadcasting Group, Inc.
972/373-8800

Joseph Jaffoni, Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

DIRECTV / AT&T U-verse Customer Service – 855-937-9469

DIRECTV and AT&T U-verse subscribers no longer have access to WOI & KCWI as AT&T and DIRECTV did not accept our extension for continued carriage of WOI & KCWI during our contract negotiations to avoid disruption of service.  Contact DIRECTV and AT&T U-verse today at 855-937-9469 and demand that they “Bring back my Local 5 & CW Iowa 23!”

Q: What is happening?

A: DIRECTV and AT&T U-verse subscribers no longer have access to WOI/KCWI station as of midnight CST on July 3, 2019.  DIRECTV and AT&T U-verse did not accept a contract extension offer by Nexstar Media, parent company of WOI/KCWI for the right to continue to air your favorite news stories around the Des Moines area. By rejecting an extension for continued negotiations and to avoid a disruption of service, AT&T and DIRECTV took away content that you pay for and was included with your monthly subscription. They are no longer providing the content you initially signed up for when you subscribed to their service. 

Q: What other programming could I miss?

A:  You no longer have access to your local news Local 5 News, emergency service updates, and your favorite shows such as The Bachelorette.

Q: Where will WOI/KCWI programming still be available?

A: No other cable or satellite company is affected; only DIRECTV and AT&T U-verse customers have had their favorite news, comedies, dramas, and sports taken away.  Unfortunately, we are not alone in this as AT&T and DIRECTV have removed various other stations across the nation in the past.   Among the other providers available that see the value in local content include DISH (855-898-6730) and your local cable company.

Q: Are you still negotiating with AT&T and DIRECTV?

A: We were negotiating and offered to extend our current deal multiple times while we vigorously attempted to provide both sides more time to reach a fair agreement.  In the time leading up to the expiration of the agreement with DIRECTV/AT&T, Nexstar not only offered an extension until August 2, it also offered DIRECTV/AT&T its availability “over the next 30 days to meet with you in-person on the following dates:  July 12, 13, 14, 15, 23, 26, 27, 28, 29, 30 as well as August 1 and 2” adding, “We are willing to dedicate as many of these dates as needed.  Not knowing when you and your decision-makers are available, to avoid any disruption in service to your customers and our viewers in 97 markets across the country, we propose an extension of the current agreement through Friday, August 2nd.”  This extension was not accepted.

Q: Is this abnormal for AT&T and DIRECTV to remove local programming from their lineup?

A: DIRECTV is routinely involved in disputes with content providers and following its 2015 acquisition by AT&T, it has dropped or threatened to black out various network and local community programming. Between May 30, 2019 and June 10, 2019 alone, viewers of at least 20 other non-Nexstar stations (owned by Deerfield Media, GoCom Media of Illinois, Howard Stirk Holdings, Mercury Broadcast Group, MPS Media, Nashville License Holdings, Roberts Media, Second Generation of Iowa and Waitt Broadcasting) lost access to network and local content as a result AT&T/DIRECTV’s refusal to accept fair market rates for the distribution of leading non-AT&T programming.

Q: What can I do about this situation?

A: You have choices and should take action. Call 855-937-9462 – for ABC/WOI and/or 855-937-9637 – CW/KCWI and demand they bring back your favorite local news source! You can also contact other local providers – including DISH (855-898-6730) – and switch to make sure you are treated fairly and get the programming you want. Don’t let your video provider dictate what you watch! Demand they bring back the local station and content you want and deserve!