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With deadline passed, Nexstar stations black out on Cox TV systems

Jan. 30, 2016 12:38 PM ETNexstar Media Group, Inc. (NXST) StockNXSTBy: Jason Aycock, SA News Editor1 Comment
  • Nexstar Communications (NASDAQ:NXST) stations have gone dark in nine markets on Cox Communications pay-TV systems, as a pitched battle between the two over retransmission rights extended past the Friday night deadline.
  • Notably, the stations include two CBS affiliates -- KLAS in Las Vegas and KOLR in Springfield, Mo. -- which means that a deal would be needed to show those subscribers Super Bowl 50, now just over a week away.
  • “Nexstar has not changed its offer in two weeks and is still demanding three times more for its free over-the-air stations," Cox said in a statement. Nexstar counters that it's seeking fair value, says Cox's claim of a tripling in demanded fees is false, and that it's offering Cox the rates that it offered other partners in successful negotiations in December.
  • While the two have been arguing over carriage fees, Cox came out against Nexstar's bid to acquire Media General, saying a bigger company would force companies (and thus customers) to pay higher fees for retrans consent.
  • Previously: Nexstar fires back against Cox statement in dispute (Jan. 28 2016)
  • Previously: Cox Communications to oppose Nexstar-Media General merger (Jan. 28 2016)

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