Thursday, December 22, 2005

Nexstar reaches agreement with two more cable companies

The Hagerstown Morning Herald in Maryland reports that Nexstar Broadcasting, owner of KSNF in Joplin and de facto owner of KODE, has reached retransmission agreements with the Comcast and Atlantic Broadband cable companies.
The agreements concern cable systems in Maryland and West Virginia. Nexstar is still battling with Antietam Cable and Adelphia Communications in that region, according to the article.
Some interesting speculation from different trade sources about the nature of Nexstar's agreements with the cable companies. Broadcasting & Cable indicated that Cable One, owner of the cable system in Joplin may be buying advertising on the Nexstar stations. This would enable Nexstar to get the money it has been seeking and the cable companies would still be able to say (technically, at least) that they are not paying per customer for retransmission rights.
Nexstar officials have said they will have a separate place in their financial reports for money from the cable companies, according to print sources.

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