Sunday, 1 October 2023


DirecTV, Nexstar reach distribution deal to end blackout By Reuters

Big Short Investor Burry Warns of 'Last Hurrah'

© Reuters.

(Reuters) – DirecTV said on Monday it had reached a multi-year deal with Nexstar Media Group (NASDAQ:) that would return the local broadcaster’s content to the AT&T-controlled distributor’s network after a more than two-month blackout.

The financial terms of the deal were not disclosed.

The move brings back 176 Nexstar-owned television stations and its national cable news network, NewsNation, back to DirecTV customers.

DirecTV, in which AT&T (NYSE:) has a 70% stake, removed Nexstar’s programming from its platforms on July 2 over a dispute on viewer fees.

On Sunday, the companies agreed to temporarily restore programming from Nexstar, the largest local TV station owner in the United States.

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