Nexstar Reels In Retrans Dollars

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Nexstar Broadcasting Group, the TV broadcaster that just said no to giving away for free its signals to cable operators, announced Thursday (Feb. 19) it expected to generate more than $75 million in revenue from retransmission agreements it reached in 2008. About one-third of the revenue will be realized in 2009.

The broadcaster, which owns or operates 52 TV stations, has renewed and reached new multi-year retransmission consent agreements with 179 cable operators, direct broadcast satellite providers and telcos.

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