Nexstar Broadcasting Names Curt Molander Vice President And General Manager Of Evansville, Indiana Broadcast And Digital Operations

Accomplished Industry Executive with over 22 Years of Broadcasting Experience to Lead WEHT-TV and Tristatehomepage.com

EVANSVILLE, Indiana and IRVING, Texas (November 19, 2015) – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that Curt Molander has been named Vice President and General Manager of WEHT-TV (ABC) and associated digital and mobile assets including TriStateHomepage.com and Tristate on the Go, serving the Evansville, IN market (DMA #103). In his new role, he will also oversee Nexstar’s relationship with WTVW-TV (CW) through an Outsourcing Agreement with Mission Broadcasting. Mr. Molander will assume his new responsibilities immediately and will report to Bill Sally, Senior Vice President and Regional Manager for Nexstar Broadcasting.

Curt Molander’s broadcasting career spans over two decades, with expertise in station management, local and national sales, new business development and strategic planning across multiple media platforms. Prior to joining Nexstar, he served as General Manager of WJHG -TV and WECP-TV serving the Panama City, Florida DMA. Under his leadership, he improved client retention and achieved consistent growth in new business that resulted in significant increases in revenue and market share. Additionally, he built an award winning news product and led the strategic launch of a new CBS affiliation, which delivered a distinct competitive advantage in the market through greater local content delivery. During his tenure in Panama City, Mr. Molander was deeply involved in the local community through multiple organizations including serving as a Chairman of the Board and Campaign Chair of the United Way of Northwest Florida.

Prior to his term in Panama City, Mr. Molander spent five years at WMTV-TV in Madison, WI, as their National and General Sales Manager where under his direction; the sales team produced quantifiable gains in revenue and market share through the successful execution of creative marketing initiatives and new business development strategies. Earlier in his career, Mr. Molander worked as a national account executive at Petry Television in Chicago, IL and as a local account executive at WKOW-TV in Madison, WI and both WIFR-TV and WREX-TV in Rockford, Illinois.

Commenting on the appointment, Bill Sally stated, “Curt has an impressive industry background including extensive experience enhancing the effectiveness and value of station operations and achieving exceptional financial results. He is a well-respected leader who has a proven record of building high-performance broadcast and digital media sales teams and implementing successful marketing and new media initiatives for local businesses and community organizations. In addition, he has consistently exceeded station economic goals, improved the customer service experience for local and national advertisers, expanded strategic business partnerships and significantly improved viewer engagement with original local content. Curt’s entrepreneurial approach is consistent with our Evansville operation’s competitive market edge and his Midwest broadcast experience and values will quickly resonate with our viewers and the business community. With his extensive industry experience and results-oriented focus, we are confident that his valuable management, relationship-building and marketing expertise will continue to strengthen our Evansville broadcast and digital media operations.”

Commenting on his new role, Curt Molander stated, “Nexstar’s organization-wide commitment to local viewers and advertisers is unparalleled in the broadcasting industry and reflects the Company’s enduring success. I am excited to return to the Midwest where my broadcast career began and am committed to forging new relationships and business partnerships in the local Evansville community. In this new role, I will utilize my extensive management and marketing experience to build on the success of Nexstar’s broadcast and digital operations in Evansville as we continue our work in delivering unrivaled levels of service and compelling content to advertisers and local viewers. I look forward to working with the exceptional team of accomplished professionals at WEHT-TV, WTVW-TV and TriStateHomeage.com, whose efforts have led to multiple awards including a distinguished Edward R Murrow and prestigious Indiana Broadcasters Association Station of the Year.

Mr. Molander earned a Bachelor of Arts degree from Southern Illinois University. He and his wife, Kristen, along with his son, Justin, and daughter, Lauren will be relocating to the Evansville community.

About Nexstar Broadcasting Group, Inc.
Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 106 television stations and related digital multicast signals reaching 57 markets or approximately 17.3% of all U.S. television households. Nexstar’s portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, Bounce TV, Me-TV, LATV, Estrella, This TV, Weather Nation Utah, Movies! and News/Weather. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.

Pro-forma for the completion of all announced transactions Nexstar will own, operate, program or provide sales and other services to 115 television stations and related digital multicast signals reaching 62 markets or approximately 18.1% of all U.S. television households.

Forward-Looking Statements
This news release includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this news release, concerning, among other things, changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, our ability to service and refinance our outstanding debt, successful integration of acquired television stations (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets served by the Company, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this news release might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.

Contact:

Bill Sally
SVP/Regional Manager
Nexstar Broadcasting Group, Inc.
585/287-8083 or bsally@nexstar.tv

Joe Jaffoni or Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com

© 1998-2022, Nexstar Media Group, Inc. | All rights reserved