Nexstar Media Group Inc.

12/02/2019 | Press release | Distributed by Public on 12/02/2019 11:01

Nexstar Broadcasting Expands Local News in Sacramento

Following Acquisition of KTXL-TV, Nexstar Will Launch 'Fox40 News at 7 PM' New Program to be the Market's Only Local 7 PM Newscast

IRVING, TEXAS and SACRAMENTO, CA - Nexstar Media Group (Nasdaq: NXST) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc. ('Nexstar' or the 'Company'), will expand local news on its recently acquired Sacramento (DMA #20) television station, KTXL-TV (Fox40). Nexstar will launch an exclusive live local newscast from 7-8 PM weeknights on KTXL-TV. When it debuts on December 4, 'Fox40 News at 7 PM' will be the only local newscast at that hour serving the California communities of Sacramento, Modesto, and Stockton. The new broadcast will expand KTXL-TV's total hours of weekday local news to 9.5 per day, more than any other single television station in Sacramento.

'Nexstar's television stations are committed to serving their local communities with informative, engaging, and exclusive local content,' said Tim Busch, President of Nexstar Broadcasting. 'We're extremely proud to be offering more local news programming Monday through Friday than any other stand-alone TV station in the Sacramento television market. Sacramento, Modesto and Stockton are critically important markets in the state of California and expanding local news programming and deepening the station's connection to the area's viewers and advertisers is core to the mission of both Nexstar Broadcasting and KTXL-TV. This exclusive newscast gives the KTXL-TV broadcast and digital teams an opportunity to provide more stories and broader coverage of the local issues, concerns and political coverage that matter most to the viewers of the greater Sacramento area.'

The 7 PM newscast will be anchored by KTXL-TV's main anchor team of Eric Harryman and Nikki Laurenzo, with Chief Meteorologist Kristina Werner, and Jim Crandell reporting on sports. Already well-known to Sacramento viewers, this team currently anchors KTXL-TV's newscasts at 5 PM, 6 PM and 10 PM. The new broadcast will feature segments such as 'Your Story,' reported by Harryman, who focuses on telling the stories of extraordinary people who have 'turned the tables on fate and created success in unlikely places.' Laurenzo will take an in-depth look at political issues of importance to the area's local communities in 'The Ticket,' and the newscast will offer more live interviews with local decision-makers and community leaders from around the region.

'As the only local news from 7 to 8 PM Monday through Friday, KTXL-TV will serve the thousands of viewers who commute every day from Sacramento, Modesto, and Stockton to work in California's Bay Area, at a time that fits their busy, demanding lifestyles,' said Leigh White, Vice President and General Manager of KTXL-TV. 'This broadcast will also give us a unique platform from which KTXL-TV's advertising and marketing partners can reach a new and unserved local audience.'

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 197 television stations and related digital multicast signals reaching 115 markets or approximately 39% of all U.S. television households (reflecting the FCC's UHF discount). 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. Nexstar also owns WGN America, a growing national general entertainment cable network and a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information please visit www.nexstar.tv.

Local Contact:
Monika Diaz
News Director/KTXL-TV
[email protected]

Nexstar Media Contact:
Gary Weitman
EVP & Chief Communication Officer
312/222-3394 (office)
[email protected]

Investor Contact:
Joe Jaffoni or Jennifer Neuman
JCIR
212/835-8500
[email protected]