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Nexstar Media Group (NASDAQ: NXST) and Altice USA (NYSE: ATUS) have announced a comprehensive partnership agreement, resulting in the immediate restoration of all Nexstar programming to Optimum TV customers. The service restoration affects approximately two million viewers, who will now have access to NFL playoff games and local news content. While the companies expressed gratitude to their customers for their patience during the negotiation process, the specific terms of the agreement were not disclosed.
Nexstar Media Group (NASDAQ: NXST) e Altice USA (NYSE: ATUS) hanno annunciato un accordo di partnership completo, che ha portato alla ripristino immediato di tutti i programmi Nexstar per i clienti di Optimum TV. Il ripristino del servizio interessa circa due milioni di spettatori, che ora avranno accesso alle partite di playoff NFL e ai contenuti delle notizie locali. Sebbene le aziende abbiano espresso gratitudine ai loro clienti per la pazienza durante il processo di negoziazione, i termini specifici dell’accordo non sono stati divulgati.
Nexstar Media Group (NASDAQ: NXST) y Altice USA (NYSE: ATUS) han anunciado un acuerdo de asociación integral, que resulta en la restauración inmediata de toda la programación de Nexstar a los clientes de Optimum TV. La restauración del servicio afecta aproximadamente a dos millones de televidentes, quienes ahora tendrán acceso a los juegos de playoffs de la NFL y a contenido de noticias locales. Si bien las empresas expresaron su agradecimiento a sus clientes por su paciencia durante el proceso de negociación, no se divulgaron los términos específicos del acuerdo.
Nexstar Media Group (NASDAQ: NXST)와 Altice USA (NYSE: ATUS)가 포괄적인 파트너십 계약을 발표했으며, 이로 인해 Optimum TV 고객에게 모든 Nexstar 프로그램이 즉시 복원되었습니다. 서비스 복원은 약 200만 시청자에게 영향을 미치며, 이제 NFL 플레이오프 게임과 지역 뉴스 콘텐츠에 접근할 수 있게 되었습니다. 두 회사는 협상 과정에서 고객의 인내에 감사의 뜻을 전했지만, 계약의 구체적인 조건은 공개되지 않았습니다.
Nexstar Media Group (NASDAQ: NXST) et Altice USA (NYSE: ATUS) ont annoncé un accord de partenariat complet, entraînant la restauration immédiate de toute la programmation Nexstar pour les clients de Optimum TV. La restauration du service concerne environ deux millions de téléspectateurs, qui auront désormais accès aux matchs éliminatoires de la NFL et aux contenus d’actualités locales. Bien que les entreprises aient exprimé leur gratitude à leurs clients pour leur patience pendant le processus de négociation, les termes spécifiques de l’accord n’ont pas été divulgués.
Nexstar Media Group (NASDAQ: NXST) und Altice USA (NYSE: ATUS) haben eine umfassende Partnerschaftsvereinbarung angekündigt, die zur sofortigen Wiederherstellung aller Nexstar-Programme für die Kunden von Optimum TV führt. Die Wiederherstellung des Dienstes betrifft etwa zwei Millionen Zuschauer, die nun Zugang zu NFL-Playoffspielen und lokalen Nachrichteninhalten haben. Während die Unternehmen ihren Kunden für ihre Geduld während des Verhandlungsprozesses dankten, wurden die spezifischen Bedingungen der Vereinbarung nicht offengelegt.
Positive
- Immediate restoration of service to 2 million viewers
- Resolution of programming dispute with major content provider
- Restored access to high-value content (NFL playoffs, local news)
Negative
- Terms of agreement not disclosed, preventing assessment of financial impact on ATUS
Insights
This agreement marks a important development for Altice USA (ATUS), resolving a significant content dispute that had been impacting approximately 2 million Optimum customers. The timing is particularly strategic, coinciding with the highly valuable NFL playoff season, which typically generates substantial viewership and advertising revenue. The restoration of Nexstar content, especially during this peak sports viewing period, should help mitigate potential subscriber churn that often occurs during such blackouts.
While specific financial terms remain undisclosed, these types of carriage agreements typically involve multi-year commitments and increasing retransmission fees, which could impact Altice’s operating costs. However, the alternative of continued content blackout during NFL playoffs could have resulted in more severe subscriber losses and reputational damage. The immediate restoration of programming suggests both parties reached a mutually beneficial agreement, though the impact on Altice’s margins will depend on the negotiated fee structure.
From an investor perspective, this resolution removes a significant operational uncertainty for Altice USA, though the company’s broader challenges in the competitive cable market persist. The ability to retain high-value programming, particularly sports content, remains important for traditional cable operators amid increasing cord-cutting pressures.
Programming Already Restored for Two Million Viewers, Including NFL Playoff Games and Local News
IRVING, Texas & NEW YORK–(BUSINESS WIRE)– Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA’s Optimum TV customers.
Together, Nexstar and Optimum thank our customers and viewers for their patience as we partnered on the best deal for them.
Specific terms of the agreement were not released.
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All Americans,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.
About Optimum
Optimum is a brand of Altice USA, one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.6 million residential and business customers across 21 states. The company operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local news through its News 12 networks.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250118592282/en/
Nexstar Media Contact:
Gary Weitman
EVP and Chief Communications Officer
Nexstar Media Group, Inc.
972.373.8800 or gweitman@nexstar.tv
Nexstar Investor Contact:
Joseph Jaffoni or Jennifer Neuman
JCIR
212.835.8500 or nxst@jcir.com
Optimum Media Contact:
Stephen Stokes
917.553.0667 or stephen.stokes@optimum.com
Source: Altice USA
FAQ
When was Nexstar programming restored to Optimum customers?
Nexstar programming was immediately restored to Optimum customers following the announcement of the partnership agreement between Nexstar Media Group and Altice USA (ATUS).
How many Optimum viewers were affected by the Nexstar-ATUS agreement?
The agreement affected approximately two million Optimum TV viewers who regained access to Nexstar programming.
What key content was restored to ATUS Optimum customers?
The agreement restored access to NFL playoff games and local news content for Optimum customers.
Were the financial terms of the Nexstar-ATUS agreement disclosed?
No, the specific terms of the agreement between Nexstar and Altice USA (ATUS) were not disclosed.
