The nation’s biggest television broadcaster Nexstar Media Group Wednesday reported net income dipped 26% on a 39% jump in revenue in the fourth quarter spurred by its acquisition of Tribune Broadca…
Nexstar acquired Tribune Media Company for $4.1 billion in September.
Nexstar has 5,400 journalists in 110 local newsrooms across the country including capitol news bureaus in 20 states. By leveraging their expertise and reallocating financial resources from WGN’s syndicated programming toward News Nation, “we intend to provide viewers with fact-based news and information without bias or opinion, while delivering attractive marketing solutions for national advertisers.
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