Nexstar And Hawaiian Telcom Reach Multi-Year Distribution Agreement
Portfolio Pulse from Happy Mohamed
Nexstar Media Group, Inc. (NASDAQ:NXST) and Hawaiian Telcom have reached a multi-year distribution agreement. The agreement covers Nexstar's three local television stations in Hawaii, national cable news network NewsNation, and digital network Rewind TV. This will allow Hawaiian Telecom subscribers to access Nexstar's national and local content without interruption. Financial terms of the agreement were not disclosed.
July 21, 2023 | 1:01 pm
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Nexstar Media Group has reached a multi-year distribution agreement with Hawaiian Telcom. This could potentially increase Nexstar's reach and viewership in Hawaii.
The agreement with Hawaiian Telcom allows Nexstar to distribute its content to a wider audience in Hawaii. This could potentially increase Nexstar's viewership and ad revenues, which could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100