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.
2 comments:
Perry Sook is a Crook! Nexstar is named Deathstar by employees for the way they shut out overtime and killed the slightest journalistic quality in every market they come in to. They dropped AP for INEWS, which sucks, because they are too cheap to pay. Their fight with cable companies is embarrasing and keeps viewers from watching anything remotely interesting, which is not their newscasts!
Employee moral doesn't exist anymore. They pay cheap and get crap from those kids just trying to get their foot in the door. Their stock will never go up because they are a crap company!
Perry's salary for 2004 was $4 million - while Viacom and Belo President's made $1.5 to $2 million. Does that make sense? To Perry Crook it does.
The above comments obviously written by a disgruntled Nexstar employee (which I guess proves the point about moral). Many times I have been told KSN reporters make more than those at KOAM. I'd rather make more money at a crappy station than make less and be number 1.
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