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11/08/2023
Ad Sales Down for Nexstar, Bright on CW’s Future
Nexstar has made it through a turbulent 3Q23. Marred by a 76-day carriage dispute with DirecTV and a soft TV ad market, the company saw a 10.8% YOY drop in quarterly net revenue to $1.13 billion and distribution revenue decreased 6.7% YOY to $598 million.