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Nexstar ordered to pay DirecTV $26.6 million over contract dispute

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The $26.6 million financial judgment against Nexstar comes about six months after the New York state appeals court found the broadcaster wrongly collected $10 million in retransmi
Nexstar Media Group has been ordered by a New York federal judge to pay DirecTV $26.6 million due to a contract dispute involving the retransmission of Nexstar's television stations. The dispute arose after Nexstar allegedly breached an agreement by not providing DirecTV with the necessary retransmission consent for its stations, leading to a blackout of Nexstar's content on DirecTV platforms. The court's decision came after DirecTV accused Nexstar of violating their contract by engaging in a "sidecar" agreement with Mission Broadcasting and White Knight Broadcasting, which allowed Nexstar to control these stations indirectly. This ruling marks a significant legal victory for DirecTV in their ongoing battle with Nexstar over how broadcast content is managed and monetized in the cable and satellite TV industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/news/nexstar-ordered-to-pay-directv-26-6-million-over-contract-dispute/ar-AA1ztn5f ]