(Variety) Nexstar’s Political Ad Sales Skyrocket in Q4 With Midterms as the CW Network Takes $94 Million Loss

“Nexstar reported its fourth-quarter 2022 earnings Tuesday, revealing its core ad sales fell 3.3% from Oct. 1-Dec. 31, the quarter following the finalization of its purchase of 75% of the CW Network, but political ad revenue was up 1,306.9% due to the 2022 midterm elections.”

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