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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Nexstar Reports Higher Net Income in First Quarter

Nexstar Media Group.

Nexstar Media Group reported higher first-quarter earnings and said that it cut losses at The CW by $50 million year-over-year.

Net income rose to $175 million, or $5.16 per share, from $111 million, or $2.97 a share, a year ago.

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