Nexstar’s Third-Quarter Revenue Up

Nov 10, 2008  •  Post A Comment

Nexstar Broadcasting Group’s revenue for the third quarter grew 9% to a total of $70.3 million, compared with $64.5 million during the same time a year ago, TVNewsday reports. Broadcast cash flow was at $27.3 million, up from 2007’s third-quarter total of $22.8 million. “Revenue growth was driven by strong year-over-year increases in political, retransmission consent and eMedia revenues, which offset the softness of traditional television advertising in our markets,” said Perry A. Sook, Nexstar chairman, president and CEO.
—Christopher Perez

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