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 Nexstar Media Group, Inc. NXST (the "Company") announced today 
 that it entered into a long-term affiliation agreement with ABC 
 Television Network ("ABC") covering 24 of its owned or operated stations 
 through December 31, 2022. In addition, the Company has reached an 
 over-the-top ("OTT") master agreement with ABC, for new 
 internet-delivered programming services from DirecTV Now, Sony 
 PlayStation Vue, YouTube TV, CenturyLink and ABC&#39;s TV Everywhere. 
 Separately ABC Television Network extended the affiliation agreements 
 for six stations owned by Mission Broadcasting, Inc., one station owned 
 by Shield Media and two stations owned by Vaughn Media and these nine 
 stations have also entered into an over-the-top ("OTT") master agreement 
 with ABC.
 
 
 Perry A. Sook, Nexstar Media Group, Inc. Chairman, President and CEO 
 stated, "We are delighted to reach this long-term extension of our 
 affiliation agreements and forge OTT digital distribution agreements 
 with ABC in a manner that mutually recognizes the value of our 
 respective content offerings. As Nexstar grows, we continue to raise our 
 commitment to support the evolving needs of the viewers, businesses and 
 local communities that we serve each day by working with our network 
 partners and distributors to deliver our content anywhere, anytime and 
 on any device. The combination of Nexstar's unique, locally-produced 
 news programming and content married with ABC's marquee national content 
 and access to these new and emerging digital distribution platforms is 
 an unbeatable value proposition. Our new agreement with ABC supports our 
 goals for delivering great entertainment and information to viewers and 
 an effective multiplatform marketing solutions for local and national 
 brands and advertisers while creating a new revenue stream for Nexstar 
 related to the OTT master agreement."
 
 
 "We are very pleased to extend our affiliation with Nexstar in key 
 markets and launch digital distribution services across their 
 ABC-affiliated stations, while maintaining the value and integrity of 
 our long-standing partnership," said John Rouse, Executive Vice 
 President ABC Affiliate Relations and Marketing. "Nexstar has 
 consistently delivered strong local programming and community service, 
 which has complemented ABC's leading network news, primetime and sports 
 programming. Our companies share a common goal of strengthening our 
 audiences, advertisers and revenues and our new agreement with Nexstar 
 is important to our mutual efforts."
 
 
 About Nexstar Media Group, Inc.
 
 
 Nexstar Media Group is a leading diversified media company that 
 leverages localism to bring new services and value to consumers and 
 advertisers through its traditional media, digital and mobile media 
 platforms. Nexstar owns, operates, programs or provides sales and other 
 services to 170 television stations and related digital multicast 
 signals reaching 100 markets or nearly 39% of all U.S. television 
 households. Nexstar's portfolio includes primary affiliates of NBC, CBS, 
 ABC, FOX, MyNetworkTV and The CW. 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. For more 
 information please visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nexstar.tv&amp;esheet=51567983&amp;newsitemid=20170601005458&amp;lan=en-US&amp;anchor=www.nexstar.tv&amp;index=1&amp;md5=f954f03151f4bc078b8a9fd662d8aab2" rel="nofollow" rel="nofollow">www.nexstar.tv</a>.
 
 
 Forward-Looking Statements
 
 
 This communication includes forward-looking statements. We have based 
 these forward-looking statements on our current expectations and 
 projections about future events. Forward-looking statements include 
 information preceded by, followed by, or that includes the words 
 &#34;guidance,&#34; &#34;believes,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;could,&#34; or similar 
 expressions. For these statements, Nexstar claims the protection of the 
 safe harbor for forward-looking statements contained in the Private 
 Securities Litigation Reform Act of 1995. The forward-looking statements 
 contained in this communication, concerning, among other things, future 
 financial performance, including changes in net revenue, cash flow and 
 operating expenses, involve risks and uncertainties, and are subject to 
 change based on various important factors, including the impact of 
 changes in national and regional economies, the ability to service and 
 refinance our outstanding debt, successful integration of acquired 
 television stations and digital businesses (including achievement of 
 synergies and cost reductions), pricing fluctuations in local and 
 national advertising, future regulatory actions and conditions in the 
 television stations&#39; operating areas, competition from others in the 
 broadcast television markets, volatility in programming costs, the 
 effects of governmental regulation of broadcasting, industry 
 consolidation, technological developments and major world news events. 
 Nexstar undertakes no obligation to update or revise any forward-looking 
 statements, whether as a result of new information, future events or 
 otherwise. In light of these risks, uncertainties and assumptions, the 
 forward-looking events discussed in this communication might not occur. 
 You should not place undue reliance on these forward-looking statements, 
 which speak only as of the date of this release. For more details on 
 factors that could affect these expectations, please see Nexstar's other 
 filings with the SEC.
 
 
 
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