Nexstar's FCF and Capital Allocation
dead in
Unprecedented Combination of Powerful National Brands/Reach
with the Largest Local Station Group Engaging Local Audiences
and Businesses at Scale
Inimitable asset portfolio gives Nexstar the unique ability to
offer both nationwide reach and local activation.
Powerful National Brands
National Reach
THEJU
[NEWSNATION]
Nexstar reaches the entire U.S. population via its national TV networks
Broadcast Networks TVHH
Cable News Networks TVHH
THE
HILL
123.8
123.8
123.8
123.8
123.8
70.2
73.9
75.1
66.1
Out
•
IME
in bulk sales of
Informant
Word County man
Leat
ne from
ding to charges
O
Scaled Local Engagement
•
ΣΝΕ
Nexstar
MEDIA GROUP, INC.
116 local markets
• 5,500 local journalists
• 300,000 hours of local content
ANTENNA
TV
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ABC
CBS
NBC
FOX
NEWSNATION
MSNBC
Fox News
CNN
80%
68%
70%
60%
Largest Local Presence
Nexstar reaches 68% of the U.S. population via its local TV stations
% of TVHH (No UHF Discount)
Nexstar's local footprint is ~75%+ larger
than the other broadcast network owners
50%
45%
39%
39%
39% 38% 37% 36%
40%
29%
25%
1,500 local salespeople
30%
24% 22%
22%
•
40,000 local advertiser relationships
20%
10%
0%
Nexstar
Univision TEGNA
Fox Corp.
Sinclair Paramount Comcast Gray
Weigel
(The CW)
(FOX)
Global (NBC)
Scripps WRNN-TV
(Local
INYO
(CBS)
Only)
The Walt
Disney Co.
(ABC)
5
Sources: SNL Kagan, SEC filings, Investor Presentations, Comscore, Nielsen.View entire presentation