DirecTV Carriage Dispute, Lack Of Political Ads Drag Down Nexstar Q3 Results; The CW Continues Its March Toward Break-Even ...Middle East

Nexstar posted third-quarter results marred by a carriage dispute with DirecTV as well as a cyclical lack of political advertising. Total revenue slipped 11% from the year-earlier quarter to $1.1 billion and earnings fell to 70 cents a share from $7.30. Both metrics undershot Wall Street analysts’ forecasts. Even without political spending, core TV ad […]

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