Not surprisingly, Nexstar Broadcasting CEO Perry Sook did not claim to be either "desperate" or "nuts" Tuesday during a news conference over second quarter results. Those words were used by Cable One CEO Tom Might Tuesday to describe the Nexstar stance in the battle over retransmission rights.
According to TV Business Report, Sook said there was nothing new to report, except that ad sales in the markets including for KSNF and KODE in Joplin and KOLR and KSFX in Springfield, are becoming more normal all the time. Sook said that while Nexstar is getting nowhere with Cable One and Cox Communications, it is having "constructive conversations" with other cable owners as contracts are scheduled to expire in other markets at the end of 2005. He made it clear that Nexstar will "insist on cash compensation" for retransmission rights.