Nexstar Media Group’s (NASDAQ: NXST) WJZY-TV (“FOX”) is banding together with four other Charlotte, North Carolina-based TV stations to launch NEXTGEN TV, a new third-generation digital TV broadcast technology. Coordinated by Pearl TV, additional stations joining the launch to give viewers a taste of the future include Cox Media Group’s WAXN-TV and WSOC-TV (“ABC”), Gray Television’s WBTV-TV (“CBS”), and TEGNA Inc.’s (NYSE: TGNA) WCNC-TV (“NBC”). NEXTGEN TV delivers more expansive audio and video options and other innovative new capabilities to enable TV stations to better personalize their broadcasts. The information and interactive features result in content that is more relevant and engaging for viewers. “Watching in NEXTGEN TV immerses the viewer in stunning video with brilliant color, sharper images and deeper contrast, making them feel like they’re part of the action,” said Paul Curran, EVP, Television at Cox Media Group. “NEXTGEN TV adds a whole new dimension to TV viewing with Voice + audio from Dolby, available only on NEXTGEN TV. Viewers will feel the power of movie theater-quality sound, allowing them to hear every voice clearly and offering uniform volume across different channels.”
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About Nexstar Media Group Inc.
Nexstar Media Group Inc. (NASDAQ: NXST) 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. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, programs, or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). The division’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast network Antenna TV, and WGN Radio in Chicago. Nexstar also owns a 31.3% stake in TV Food Network, a top-tier cable asset. For more information, visit www.Nexstar.tv.
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