| kwgn.com, koin.com Nexstar Media Group, Inc. | kwbq.com Gary Weitman | kwbq.com, wgno.com © 1998-2020, Nexstar Media Group, Inc. | All rights reserved, Nexstar Media Group Announces Strategic Operational Realignment to Leverage Value of Proprietary Local Content Across Multiple Platforms, Nexstar Media Group Declares Quarterly Cash Dividend of $0.56 per Share, Harlingen / Weslaco / Brownsville / McAllen, TX, Minot / Bismarck / Dickinson / Williston, ND. “We have a strong partnership with Nexstar, and look forward to our continued collaboration to bring NBC programming to millions of households across the country.”. Chief Financial Officer | cwarkansas.com, wdtn.com | foxprovidence.com, wkrg.com Nexstar’s television and digital media operations have approximately 13,000 across 115 markets who are committed to delivering superior, trust worthy local news, sports, entertainment programming and content to local viewers while offering businesses and advertisers unparalleled marketing opportunities across screens and devices. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. WCBD originally signed onto the airwaves in 1954 as WUSN-TV in what was then a very remote portion of Mount Pleasant, South Carolina. The new affiliation agreements cover eighteen Nexstar owned stations, including two recent acquisitions, and three Mission stations. Nexstar Digital continues to diversify and expand its offerings with complementary technologies and capabilities including native advertising, social media, ad ops, design, development and a host of other valuable products and services. In 23 years, Nexstar has grown from a single station to become the nation’s largest local television and media company. Nexstar Media Group, Inc. is America’s largest local television and media company with 197  full power stations (including partner stations) in 115 markets addressing nearly 63% of US television households and a growing digital media operation. Nexstar Media Group, Inc. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities. We have based these forward-looking statements on our current expectations and projections about future events. These agreements also mark the successful completion of essentially all of Nexstar’s outstanding network affiliation renewals for 2019. Nexstar acquired WBRE, an NBC affiliate, in January 1998, and later that year Nexstar significantly increased its operating efficiencies by entering into a shared services agreement with WYOU, a Mission Broadcasting station. MSA, or Management Services Agreement, is the general term we use to refer to a contract under which we provide services to a station owned and operated by an independent third party. Nexstar Broadcasting Group purchased WCBD-TV (NBC) and ECBD-TV (CW), from Media General in 2016. Together, these network and distribution renewals give us solid confidence in our expectations regarding the future growth of Nexstar’s net retransmission revenues.”, “NBC boasts a strong programming lineup, including Today and NBC Nightly News with Lester Holt, primetime hits such as This is Us and The Voice, comedy favorites like Saturday Night Live, and highly-rated live sports like NFL Sunday Night Football and the upcoming Tokyo 2020 Olympics. | cw23.com, wpri.com Nexstar owns, operates, programs or provides sales and other services to 197 television stations and related digital multicast signals reaching 115 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). Our industry-wide leadership in delivering exceptional service to the local communities in our markets continues to be a key component of our success and long-term growth.”, © 1998-2020, Nexstar Media Group, Inc. | All rights reserved. Nexstar’s television and digital media operations have approximately 13,000 across 115 markets who are committed to delivering superior, trust worthy local news, sports, entertainment programming and content to local viewers while offering businesses and advertisers unparalleled marketing opportunities across screens and devices. 212/835-8500 or nxst@jcir.com, Media | thecwaustin.com For more details on factors that could affect these expectations, please see Nexstar’s Annual Report for the year ended December 31, 2018, Tribune Media’s Annual Report for the year ended December 31, 2018 and each of Nexstar’s and Tribune Media’s subsequent public filings with the Securities and Exchange Commission. Viewers can watch their local station over the air and often online at the station website. “Nexstar’s television and digital media operations have approximately 13,000 across 115 markets who are committed to delivering superior local news, sports, entertainment programming and content to local viewers while offering businesses and advertisers unparalleled marketing opportunities across all screens and devices. Local Vision. (3) Although WDVM is located within the Washington, DC DMA, its signal does not reach the entire Washington, DC metropolitan area. | carolinascw.com, kxan.com Watch Roger and Michael Grochmal of AtlasCare explain how they planned for and achieved an incredible succession … | fox59.com, wspa.com Our new affiliation agreements recognize the value of the network’s broad range of compelling news, sports, and entertainment programming, and reflect the importance of our stations to NBC and to the viewers of the local communities we serve. (1) Market rank refers to ranking the size of the Designated Market Area (“DMA”) in which the station is located in relation to other DMA’s.

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