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Nexstar Wins Carriage Compensation from Insight Communications

Nov 4, 2005  •  Post A Comment

Nexstar Broadcasting said Friday it has inked a multiyear retransmission agreement with cable operator Insight Communications in which Insight will provide some form of compensation to the broadcaster in exchange for carrying Nexstar’s broadcast signals in nine markets.

The deal comes just weeks after Nexstar ended a 10-month standoff with Cox Communications after Cox agreed to compensate the broadcaster for carrying its digital and analog signals. Broadcasters are increasingly demanding cable operators compensate them for their signals.

The companies did not disclose financial terms and specifics of the agreement other than to say the new deal covers Nexstar’s and broadcast associate Mission Broadcasting’s analog and digital signals, and provides Nexstar and Mission the opportunity to offer their stations’ news content on an on-demand basis in select markets.

Markets covered by the pact include the Illinois communities of Champaign, Springfield, Decatur, Peoria, Bloomington, Macomb and Rockford, and the Indiana communities of Terre Haute, Fort Wayne and Evansville.