Nexstar Q1 sales gained 20 percent to $83.6 million from a year...
Nexstar Q1 sales gained 20 percent to $83.6 million from a year earlier on higher political ad sales, management fee revenue and retransmission consent revenue. The TV station owner brought in $2.8 million in political ad sales, compared to $560,000…
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a year earlier. Retrans revenue increased 70 percent to $14.5 million, and it earned $1.9 million in management fees compared to $500,000 a year earlier. It swung to a profit of $3 million from a $6.3 million net loss.