Nexstar-DirecTV Carriage Dispute Leaves Millions Without Local TV Channels: Deadline
Portfolio Pulse from Benzinga Newsbot
A carriage dispute between Nexstar Media Group, Inc (NXST) and AT&T Inc (T), and TPG Inc-owned DirecTV has resulted in over 150 local TV stations going dark, affecting about 10 million customers. Nexstar claims DirecTV rejected their offer to extend the current distribution agreement, while DirecTV accuses Nexstar of forcing programming outages to raise prices.
July 03, 2023 | 7:55 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nexstar's dispute with DirecTV could potentially harm its reputation and viewer base, impacting its revenues.
The ongoing dispute could lead to a loss of viewership for Nexstar, which could negatively impact its revenues. Additionally, the dispute could harm Nexstar's reputation, potentially making it more difficult to negotiate future contracts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
AT&T's DirecTV is involved in a dispute with Nexstar, which could lead to customer dissatisfaction and potential loss of subscribers.
The dispute could lead to customer dissatisfaction for DirecTV, potentially resulting in a loss of subscribers. This could negatively impact DirecTV's revenues and AT&T's overall profitability.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100