Nexstar Broadcasting Completes Multi-Million Dollar Buildout of State-Of-The-Art Broadcast / Digital Operations Center and High Definition News Facility in Huntsville, Alabama
WZDX-TV Expands Leading Primetime Evening Newscast and Adds Dedicated Team of Local Journalists to Deliver New Compelling Local Content On-air and Online at RocketCityNow.com
HUNTSVILLE, Alabama and IRVING, Texas – Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) announced today that WZDX-TV, the FOX affiliate serving the Huntsville, Alabama market (DMA #79), will launch its new locally-produced news programming broadcast live in full high definition (HD) from its remodeled state-of-the-art studios beginning 9:00 p.m. tonight, Monday, April 4, 2016. WZDX-TV has also expanded its market-leading and longest running primetime evening local newscast to one full hour, airing Monday through Sunday from 9:00 p.m. to 10:00 p.m. CT. In association with the station’s enhanced and expanded news programming, Nexstar invested $3.3 million to renovate the WZDX-TV broadcast facility on North Memorial Parkway in Huntsville, add nearly 20 news and production personnel, develop new on-air graphics and purchase new equipment and weather technology systems to complement the locally-originated newscasts.
Nexstar purchased WZDX-TV on December 1, 2014. The Company’s investment to expand its Huntsville operations’ local news programming, hire additional news personnel and fully upgrade all aspects of the stations’ technical infrastructure highlights its organization-wide commitment to broadcasting excellence and enhanced service to local communities, viewers and advertisers.
Mark Overstreet, Vice President and General Manager of WZDX-TV stated, “The dedicated employees at WZDX-TV have a strong history of responding to the needs of the people and communities of Northern Alabama and the launch of our full-coverage, locally-produced news programming is an extension of that legacy. We are further elevating our commitment to local viewers and advertisers by expanding our leading primetime evening newscast to one full hour Monday through Sunday, with 24/7 access to additional news, lifestyle, sports, weather and other compelling local content online at RocketCityNow.com.
“This is a very exciting time for WZDX-TV, local viewers, hometown businesses and community organizations, as the debut of our new remodeled state-of-the-art broadcast facility and innovative locally-originated news programming will deliver enhanced content production, marketing opportunities and an overall improved experience. We are grateful for the tremendous support and positive feedback we have received from the local community about our local news enhancement and expansion. After months of hard work and preparation by our dedicated news team and staff, we are eager to bring Huntsville viewers our new locally-produced programming and look forward to our debut tonight at 9:00 p.m. central time.”
Broadcast in full HD, WZDX-TV multimedia journalists will deliver news from the stations’ remodeled broadcast center. The upgraded studiosinclude a locally-themed news set, state-of-the-art HD cameras and production capabilities, renovated offices and weather forecasting equipment featuring early warning technology and advanced alert systems. In addition, the expanded team of seasoned journalists with unique ties to Alabama will provide viewers with more local news content relevant to the local community in Huntsville through additive and enhanced digital applications with both mobile and desktop accessibility on RocketCityNow.com.
WZDX-TV will continue to be available on the same cable, satellite and over the air channels as today.
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.
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.
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