DISH and Nexstar reach new multi-year carriage agreement, restore local stations to customers
DISH Network Corporation announced a new multi-year carriage agreement with Nexstar Media Group, restoring local stations and WGN America on DISH TV.
Sentiment and the balance of points
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Rhea-AI Summary
DISH Network Corporation announced a new multi-year carriage agreement with Nexstar Media Group, restoring local stations and WGN America on DISH TV. Effective immediately, DISH TV subscribers can access Nexstar-owned content nationwide, including news and sports. WGN America will also be available on SLING TV in early 2021 as part of an Extra add-on package. Brian Neylon, Group President of DISH TV, expressed satisfaction with the agreement, emphasizing its benefits for customers.
Positive
- Restoration of local stations and WGN America improves customer satisfaction and content offering.
- WGN America will be available on SLING TV in early 2021, expanding service options.
Negative
- None.
Details
News Market Reaction – DISH
The recorded move for DISH in the trading session of this news was +2.80%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
ENGLEWOOD, Colo., Dec. 24, 2020 /PRNewswire/ -- DISH Network Corporation today announced it reached a new, multi-year carriage agreement with Nexstar Media Group. Local stations and WGN America have been immediately restored on DISH TV. In addition, WGN America will be available on SLING TV in early 2021 as part of an Extra add-on package.
"We're pleased to have reached an agreement that benefits all parties, especially our customers," said Brian Neylon, Group President, DISH TV. "Thank you for your patience and understanding as we worked through the negotiations."
The agreement provides DISH TV subscribers nationwide the ability to tune in to Nexstar-owned programming, including news, entertainment and sports.
For a full list of restored stations, click here.
About DISH
DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation's first cloud native, OpenRAN-based 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.
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SOURCE DISH Network Corporation
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