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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Nexstar Profits Rise as Losses at The CW Shrink

Nexstar Media Group.

Nexstar Media Group reported higher second-quarter net income as it cut losses at The CW.

Net income rose  to $118 million, or $3.54 a share, from $96 million, or $2.64 a share, a year ago. 

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