US EditionNexstar Reports 4% Revenue Drop as CW Adds More Live Sports
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Nexstar Reports 4% Revenue Drop as CW Adds More Live Sports
Nexstar, owner of the CW broadcast network, reported that it generated $1.23 billion in net revenue during the fiscal first quarter ended March 31, a 4% drop versus the same period last year despite increased viewership for CW’s NASCAR and WWE programming. The company reported an adjusted EBITDA of $381 million, down 17% versus the […]
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