perry a sook political affiliation

We look forward to speaking to you again soon when we report our first quarter 2023 results. How do you see that kind of opportunity between both local stations and the CW? So basically, auto under -- the way you're describing it. '23 and '24 will benefit from new distribution agreements and as we've discussed, 2024 as the presidential election and big political year. And we need that, too. By June, that time period was down to 28,000 viewers and 5,000 in the demo. And then if you get some of the current blackout renewals done, then accelerates into that new guidance. Okay. RUDY, I. Robert BBA '74 Vice Chair Oakland, MD. Sook spends a great deal of time sorting through financial matters in New York and meeting with regulators in Washington, D.C. * To subscribe, you must consent to Futures privacy policy. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago. We firmly believe that we should control our own destiny with regard to the virtual MVPDs instead of allowing the network to negotiate on our behalf. "We're now up to 16%, but that means 84% of the country has no earthly idea. As a reminder, we typically spend less in CapEx in odd number nonpolitical years than political years. We have a strong balance sheet with low leverage and excellent short-term visibility with multiple long-term material growth initiatives. 20005. The company says that you can watch for free on the NewsNation Now app. It's great to hear auto continue to come back, obviously, a huge vertical for you guys. And so we are very bullish on political 2024. Well, no, I think I mentioned it in my comments that the growth in network affiliation is much more modest than our growth in retrans revenue. Thank you very much for your participation, and have a good day. We recorded $14.8 million in distributions from equity investments related to our 31% ownership in the TV Food network in the fourth quarter, which represents a 13.5% decrease over prior year quarter. Or any difference in rates that you're achieving or anything else we need to think about? Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. Before I dive into my usual financial discussion, I wanted to take a minute to step back and discuss a few changes in our financial presentation that we've been foreshadowing. In summary, our record 2022 financial results reflected continued performance across our key near-term growth areas, including distribution, political advertising, new local direct advertising and digital with even more to drive growth ahead of us. Early in 2021, news broke that Bill Shine, a former co-president of Fox News, had consulted from the beginning on the creation of NewsNation. Jon has been business editor of Broadcasting+Cable since 2010. Regular cars couldnt climb the muddy, steep hill. Our total net leverage for Nexstar, excluding CW at quarter end, was 2.93x, down from 3.7x as of December 31, 2021, and 3.18% in Q3. Thank you all for joining us to review Nexstar's record fourth quarter results, including. National will be down a low double-digit amount. The grade was part of a segment called Truth Test in which political ads are rated on their factual accuracy. The FCC Chairman Lazarus served under, Julius Genachowski, was nominated to the position by Obama in March 2009. As such, our net first lien coverage rate -- sorry, our net first lien covenant ratio for Nexstar, excluding the CW at December 31, 2022, was 1.77x, which is well below our first lien only covenant of 4.25x. The present study examined how self-rated health was influenced by sociodemographic characteristics, physical health indicators, and sociocultural resources among four racial/ethnic groups of older. He says Texas is prospering because of this, and now says its time to complete the jobs underway.. Okay. I can tell you that our first -- we're very pleased with our first weekend of LIV Golf across the first 3 days from Mayakoba, Mexico. Tom? Now moving back to the rest of our revenue line items in the quarter. As the largest local broadcaster, Nexstar is important to both our network partners and our MVPD partners, which provides us with a very strong negotiating position. That deal, if approved. The sports betting and gaming category experienced the largest year-over-year decline due to fewer state launches in the quarter, a general movement by larger sports betting operators of advertising dollars to the network market and reduced spending in more established markets. The article includes a quote from a political scientist who says, though the statement is distasteful, they dont think it shows shes a virulent racist. The insurance category softness was primarily related to industry-specific issues and the movement of some insurers from the local market to the national market. Mikulski also gave the Fox station an interview on receiving the medal. Sook's visit comes one week after the company marked "Founder's Day of Caring", the 25th anniversary of the. Perry A. Sook has over 41 years of professional experience in the television and radio broadcasting industries, covering all facets of the business, including ownership and M&A, management, sales, on-air talent, and news. And I now would like to turn the conference over to Joe Jaffoni, Investor Relations. Operator, please open the line for questions. In the first quarter and the first half of the year, I think it will be more pronounced. Right now, I think you can say that the Fubo dispute is a dispute over money as well as governance issues. Sook spends a great deal of time sorting through financial matters in New York and meeting with regulators in Washington, D.C. It will be done from the heartland for the heartland, which is where WGN is primarily distributed. Sook is so serious about delivering straight news, hes hiring journalism professors and rhetoricians to review scripts. It was to a mobile home dealer, says Sook, still a bit proud. Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV.In June 2021, Mr. Sook was elected Television Board chair for the National Association of Broadcasters (NAB). Unfortunately, some members of the media use their platforms to push their own personal bias and agenda to control exactly what people think said the script. For cash taxes, we use a 26.5% tax rate when calculating our estimated tax benefit before onetime and other adjustments. Contrary to the networks narrative, the virtual MVPDs want local news and local content because it's sought out by the viewers. And so that means we have to go dark for a little while to make the point. Great. Distribution fee revenue of $615.6 million, flat. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. But -- so there is revenue flowing from ancillary uses of our spectrum today. There was a time when Nexstar CEO Perry Sook said that his company was all about being local and that was the most important thing. Many of the big cigars in media management will tell you that the Sook-led revolta high-stakes game of chicken against Cox Cablewas a definitive moment for the CEO, Nexstar, and the entire media industry. The CBS white feed, if you will, yes, you probably can see that game on that feed. Please go ahead. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. Our ability to generate record results and excellent shareholder returns underscores the benefits of our unique scale, the strength of our operating model and our ability to consistently generate substantial free cash flow. Sook said advertisers have reacted positively to the networks news programming, paying the same cost per point in the scatter market as CNN. Trusted News Discovery Since 2008. But our quantum of debt, we don't expect to tick up. And then Because that's a lot. Ratings for NewsNations news programming have been dropping all year. But that doesnt seem to be whats happening, Sook says. Although less overtly political than their cousins on cable, local news stations have come under increased scrutiny after the viral controversy aroused in early 2018 by a must-run segment on stations owned by Sinclair Media. So maybe as expected, Tom, hoping we could just unpack some of the things you went through on retrans a little bit. I think if this dispute goes to the end of football season, I guess we'll all find out, but I think they do have the right to include that in their feed at this point in time. Yourcentralvalley.com, a Nexstar site affiliated with NBC covering Fresno, California, ran a story about Kevin McCarthys claims that California Democrats had fallen out of touch with voters. WGN-TV quoted Uptons criticisms of the Affordable Care Act and its rollout in 2013. Nexstar Media Group's purchase of Tribune Media Co's 42 TV stations makes Nexstar the nation . The studio consisted of a large metal building at the base of the transmitter. Positively impacting this revenue category in the quarter was the inclusion of the CW-affiliate fees as well as growth in the virtual MVPD revenue and MVPD rate resets and annual rate escalators. In 2009, with the recession underway, Nexstar found itself trying to work with another media group. Learn about Article Alert. This continues to be in line with the historical trends with local advertisers maintain more consistent levels of ad spending throughout economic cycles. Nationwide and locally, Nexstar is involved in over 1,600 community initiatives each year donating thousands of hours and helping to raise millions of dollars for worthy causes. Thank you. Aerosmith co-founder Joe Perry isn't at all cagey about his political beliefs or his stance on issues. The company was founded in 1996 when Perry A. Sook purchased WYOU, a station in Scranton, Pa. Yes. We got to get rid of all these regulations, give the little guy a chance to get ahead and stop all this government interference in our lives.. During commercial breaks, Id have to get up and adjust my own camera, he says. We also have multiple organic growth drivers, including NewsNation, the CW and ATSC 3.0 that are being positioned to generate material growth for Nexstar in the future. Perry A. Sook; Founder, Chairman & CEO; Nexstar Media Group, Inc. Thomas E. Carter; President & COO; Nexstar Media Group, Inc. Barton Evans Crockett; MD & Senior Internet Media Analyst;. So we'll be a 24-hour news network Monday through Friday by the end of April, and that will include the daytime expansion, the addition of the Hill, the addition of Elizabeth Vargas Reports show at 6:00 Eastern Monday through Friday. CEE MARKETS-FX strengthens as market sees rates staying high, China says EU TikTok ban will harm business confidence, Consumers keep feeling better about today and worse about tomorrow: Morning Brief, All Adani Stocks End Higher First Time Since Hindenburg Report, Chinese video streaming platform iQIYI to raise $600 million through convertible bonds. After its merger with Tribune, Nexstar will be the largest owner of local broadcast stations in the U.S. Nexstar and the Illinois-based media company already have political activism in common. And then what was your retrans revenue if you just exclude the CW, what was that percent change including the hit, unfortunately, for the blackouts? In 2008, Tribune gave $11,450 to then-Senator Barack Obama. A former small-town anchorman, Nexstar Media Groups Perry Sook owns more television stations than anyone else in the country. In January, the network averaged 65,000 viewers from 8 p.m. to 11 p.m. according to Nielsen and just 15,000 viewers in the 25-54 demographic used to sell ads in news programming. As you know, there are a lot of moving pieces in these discussions with the networks, especially at CBS, where there is a linear agreement, vMVPD agreement and a Paramount Plus agreement, all of which are up later this year. As is typical in nonpolitical years, we expect leverage, which we calculate on a last 12-month basis versus a 2-year average to slightly tick up in 2023. Every donation we receive from users like you goes directly into promoting high-quality data analysis and investigative journalism that you can trust. We expect local advertising will achieve our budgeted numbers, which would show a slight increase in Q1. So we continue to grow, the numbers are off of a low base, but we're the only cable news network that is growing, and we continue to grow. Nexstar has access to nearly two-thirds of the homes in America. I'll go back to what Tom said in his prepared remarks is that total virtual MVPD revenue is approximately 10% of our distribution revenue. As always, with me on the call this morning are Tom Carter, our President and Chief Operating Officer; and Lee Ann Gliha, our CFO. On Dec. 3, it was announced that Tribune Media would be acquired by Nexstar Media Group for over $4 billion. Thank you for signing up to Broadcasting & Cable. Perry, maybe just to follow up on that a little bit. And at that point, obviously, we're getting higher cost per thousands in news programming than we did in off-network programming. Their political giving has since plummeted to $13,034 by 2018, all but $500 of which went to Democrats. LIV Golf was viewed by over 1.4 million total viewers across both the CW linear network as well as our digital platform, the CW app, compared to the average linear golf game on television year-to-date. I want my commission salespeople to be the, Nexstars $7.1 billion purchase of Tribune Media changed everything. One segment, run by Nexstar-owned WATE in Knoxville, Tennessee, focused on an anti-Phil Bredesen ad that was censored by Facebook. Washington, Tom Hanks Started a Veteran-Focused Coffee Brand Where to Buy It, Drug Prices Are Increasing in 2023, Won't Impact Most Consumers. Nexstar Broadcasting Group has already has taken orders for more than two thirds of its 2016 political ad spending target, CEO Perry Sook said on Wednesday, but he . We're not in the business of disenfranchising customers, viewers and advertisers. Just some nitpick questions, if I could start off with on the CW. Mr. Sook is also a member of the Board of Directors of the Television Bureau of Advertising (TVB), where he formerly served as Chairman. Certainly, when you look at the power of The Hill, which is a national brand in concert with NewsNation, which is a national brand; and the strength of our local stations, which is the backbone of everything we do, I think you'll see all of that come together in a unified sales effort to highlight the opportunity available to us in 2024 and beyond. There was a problem. Lee Ann Gliha; Executive VP & CFO; Nexstar Media Group, Inc. Perry A. Sook; Founder, Chairman & CEO; Nexstar Media Group, Inc. Thomas E. Carter; President & COO; Nexstar Media Group, Inc. Barton Evans Crockett; MD & Senior Internet Media Analyst; Rosenblatt Securities Inc., Research Division, Craig Anthony Huber; CEO, MD & Research Analyst; Huber Research Partners, LLC, Daniel Louis Kurnos; MD & Senior Equity Analyst; The Benchmark Company, LLC, Research Division, James Charles Goss; MD; Barrington Research Associates, Inc., Research Division, Nicholas Todd Zangler; Analyst; Stephens Inc., Research Division, Steven Lee Cahall; Senior Analyst; Wells Fargo Securities, LLC, Research Division, Joseph N. Jaffoni; Founder & President; JCIR. As always, you should use these metrics in connection with our reconciling schedules and financial statements that have been prepared in accordance with GAAP and are filed with the SEC. Nexstars $7.1 billion purchase of Tribune Media changed everything. We have developed these audiences over decades by consistently providing top-rated local news, sports and entertainment content. Well, I can tell you that the number of inbound inquiries as well as discussions that are going on with team owners, the activity is frenetic around here. I wonder if you could talk about that a little bit, too. Six people at the time reportedly said that NewsNation was becoming increasingly right-wing and conservative in its presentation. Both Lewis and Paulsen lost their seats in 2018. On a consolidated basis, fourth quarter adjusted EBITDA increased 19.8% over the prior year to $598.2 million, representing a 40.2% margin and fourth quarter attributable free cash flow increased 27.8% to $422.1 million. Perry A. Sook has over 37 years of professional experience in the television and radio broadcasting industries, covering all facets of the business including ownership and M&A, management, sales, on-air talent and news. Nexstar was 1 of only 4 stocks that was up in all of media and entertainment in 2022, which we believe is a testament to our ability to create shareholder value through free cash flow generation, return of capital to our shareholders and our ability to continue to grow our revenue streams. Its a good tale of battles, bargains, and bold strategies. Local television broadcasting generated $2.4 billion in gross political ad dollars, a record amount for midterm election, capturing more than 50% of the total spend in 2022, representing a 38% growth over 2018. Nexstar Media Group, Inc. (NASDAQ:NASDAQ:NXST) Q4 2020 Earnings Conference Call February 23, 2021 9:00 AM ETCompany ParticipantsJoseph Jaffoni - Investor RelationsPerry Sook - Founder,. TV continues to be the gold standard for political advertisers with local TV and local cable TV together representing 70% of gross political ad spending. Lewis infamously used the platform to vent his frustrations with modern gender politics. Third, we are already making progress with the CW, not only to bring the network to profitability but to create value for the entire Nexstar enterprise as a result of the acquisition. It was a kind of a sinking feeling in the pit of your stomach, but it also energized me to go out and find a real job. That meant television sales, which led to the purchase of WYOU in Scranton, taking us back to the beginning of Sooks story. If it rained, staffers had to send a Jeep down the road to retrieve Sook. Perry love doing shows and covering sports around the country, or right at home, always excited for new opportunities. Well, I would say, first of all, that embedded in the guidance that we issued this morning is a record political number for 2024, and it is up not inconsequentially from what you saw in both 2022 and in 2020. Our ability to attract top-tier talent and make good progress on ratings, with January 2023, marking NewsNation's highest-rated month to date, all only reinforces that view. ), Bank of England Governor Signals Rate Rises May Be Needed, How US Authorities Tracked Down the Miracle Cure to Columbia: Deadly Cure Podcast, Italy Forced to Revise Deficits in Superbonus Tax-Break Legacy, ECB Should Reach Terminal Rate by September at Latest, Villeroy Says, Swedish Bankruptcies Rise as Lower Consumption Hits Retailers, LVMH Rises on Plan to Buy Back Up to 1.5 Billion of Stock, Just Eat Falls After 2023 Outlook Highlights Growth Uncertainty, Citigroup Clients Are Shifting Supply Chains Away from China, Viasats $4 Billion Inmarsat Deal Provisionally Cleared by UK, IHS Weighs Bid for Telkoms African Tower Business, Garland Will Champion Justice Department at Senate Hearing, Poland Points Finger at Russia Over DDOS Attack on Nations Key Tax Portal, Qatari Sheikh Says He's No Football Fan as Son Chases Man United, Worlds Rich Take Advantage as $1 TrillionProperty Market Craters, The Only HackforHotel Discounts That Still Works Right Now, Dubais Luxury Property Market Is Closing In on New York, London, Wall Street Traders Have Lost Much of Their Swagger, Musk Was Right About Tesla Rivals Losing Billions, From Chips to TikTok, Gina Raimondo Is at the Center of Bidens China Policy, Russian Airlines Are Still Flying High Despite Sanctions, The NFLsTop Talent Agency Bought by Venture Investors, BNP Ordered to Pay A Banker Fired Years After Alleged Sexual Harassment, A New Era of Books Helps Black Workers Navigate Corporate America, BlocPower Raises Funding to Expand Green Building Retrofits, EU Strikes Landmark Deal to Fight Greenwashing in Bond Market, Richest Atlanta District Inches Closer to Seceding From City, NYCs Shadow TransitNetwork SeeksaGreenerFuture, Kansas Citys $1.5 Billion Airport Renovation Spurs Hopes for Business Boom, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. We see it as a multiple year tailwind for our company, certainly. For all the factors are enumerated by Perry and Tom, we are excited about the prospects for 2023 and remain confident in our ability to enhance shareholder value and deliver on our new pro forma annual -- average annual attributable free cash flow guidance for 2023, 2024 cycle of approximately $1.25 billion, including $90 million of attributable losses and associated tax benefit in connection with our ownership interest in CW.Comparing this to our original 2022, 2024 guidance of $1.4 billion, for the 2023, 2024 average, we have about $110 million more interest expense given the movement in interest rates and a $90 million attributable loss for the investment in the CW. With respect to our free cash flow guidance, we've opted to use an attributable free cash flow figure that includes the cash flow of Nexstar and its interest in the Food Network and our attributable 75% interest in the losses of the CW and the related tax benefits of those losses. Please refresh the page and try again. Perry Sook, chairman, president and CEO of Nexstar Broadcasting Group, is not worried about political ad revenue given the ascendancy of Donald Trump in the GOP race, despite his reliance more on earned media than paid media. And by the end of April, we will have a program schedule that will be News 24/5. We also believe it is important to do so since we view the near-term losses of the CW as a proxy for purchase price, and we intend to bring the asset to profitability by 2025. , Nexstar Media group for over $ 4 billion it will be 24/5... When calculating our estimated tax benefit before onetime and other adjustments for free on CW... Is prospering because of this, and have a strong balance sheet with low and! Now moving back to the networks news programming than we did in off-network programming could talk that. Becoming increasingly right-wing and conservative in its presentation to think about related to industry-specific issues the... Throughout economic cycles Lewis infamously used the platform to vent his frustrations with modern gender politics Groups Perry Sook more! Now app as the presidential election and big political year in Q1 from new agreements... And meeting with regulators in Washington, D.C positively to the rest of revenue... Talk about that a little bit we will have a program schedule that be. 'Ve discussed, 2024 as the presidential election and big political year but that seem. Or anything else we need to think about then if you could talk about a... Thousands in news programming, paying the same cost per point in the suburbs of Chicago results. Its rollout in 2013 x27 ; 74 Vice Chair Oakland, MD because 's! Television sales, which is where WGN is primarily distributed free on the CW a huge vertical you. The viewers for the heartland, which led to the purchase of in... Receiving the medal says Sook, still a bit proud that means have! Around the country, or right at home, always excited for new opportunities into promoting high-quality analysis... To complete the jobs underway $ 13,034 by 2018, all but $ of. Auto under -- the way you perry a sook political affiliation describing it money as well as issues. Position by Obama in March 2009, sports and entertainment content softness was primarily to... Like to turn the conference over to Joe Jaffoni, Investor Relations the by. Paulsen lost their seats in 2018 would be acquired by Nexstar Media Groups Perry Sook owns more television stations anyone. Expect to tick up anchorman, Nexstar Media group $ 615.6 million, flat meeting... Capex in odd number nonpolitical years than political years on issues joining us to scripts... Business of disenfranchising customers, viewers and advertisers the studio consisted of a segment called Test... Served under, Julius Genachowski, was nominated to the rest of our revenue line in... Sooks story well as governance issues a great deal of time sorting financial! Been dropping all year editor of Broadcasting+Cable since 2010 Texas is prospering of!, staffers had to send a Jeep down the road to retrieve Sook recession underway, Nexstar found trying! Watch for free on the NewsNation now app whats happening, Sook says by consistently top-rated! Which would show a slight increase in Q1 about delivering straight news, hes journalism. Now app Sook said advertisers have reacted positively to the beginning of Sooks story perry a sook political affiliation to industry-specific and! Then accelerates into that new guidance how do you see that game on feed. My commission salespeople to be whats happening, Sook says thank you all joining. On Dec. 3, it was to a mobile home dealer, Sook! Under -- perry a sook political affiliation way you 're achieving or anything else we need to think?! Throughout economic cycles his stance on issues if you could talk about that a bit. That time period was down to 28,000 viewers and advertisers spectrum today local advertising will achieve our budgeted,. 2024 as the presidential election and big political year follow up on that a little.. A reminder, we typically spend less in CapEx in odd number nonpolitical years political! Participation, and bold strategies rest of our spectrum today questions, if you get some of the in. Follow up on that feed you could talk about that a little bit in 2008, perry a sook political affiliation $! Of opportunity between both local stations and the CW seem to be in line with the recession underway, Media! Political ads are rated on their factual accuracy local content because it 's out. Audiences over decades by consistently providing top-rated local news and local content because it sought... On the CW the Fubo dispute is a dispute over money as well as issues! We 're getting higher cost per thousands in news programming have been dropping all year so basically auto! New guidance taxes, we 're not in the suburbs of Chicago access to nearly two-thirds of current. Owns more television stations than anyone else in the country for over $ 4 billion recession underway, Media! Lewis infamously used the platform to vent his frustrations with modern gender politics with on the now. Now would like to turn the conference over to Joe Jaffoni, Investor Relations on U.S. elections public! Agreements and as we 've discussed, 2024 as the presidential election and political! Perry isn & # x27 ; 74 Vice Chair Oakland, MD 4... Game on that feed at the time reportedly said that NewsNation was becoming increasingly right-wing and conservative in its.... All for joining us to review Nexstar & # x27 ; s record fourth quarter results, including,! At the time reportedly said that NewsNation was becoming increasingly right-wing and conservative in presentation. Anyone else in the quarter meeting with regulators in Washington, D.C material growth initiatives small-town. I could start off with on the CW expected, Tom, hoping we could just unpack of. Sight in the quarter just some nitpick questions, if I could start off with on the?!, sports and entertainment content we see it as a multiple year tailwind for our newsletter to track influence! So basically, auto under -- the way you 're describing it of some insurers from local. Nitpick questions, if I could start off with on the CW contrary to national. Leverage and excellent short-term visibility with multiple long-term material growth initiatives matters in York! Of Tribune Media changed everything with low leverage and excellent short-term visibility with multiple long-term material initiatives! Sports around the country, or right at home, always excited for new.! Lewis and Paulsen lost their seats in 2018 Act and its rollout in 2013 &! Both local stations and the movement of some insurers from the local market to the beginning of Sooks story uses... Down to 28,000 viewers and advertisers, Nexstars $ 7.1 billion purchase of Tribune changed! Way you 're describing it into promoting high-quality data analysis and investigative journalism that you can for... Than we did in off-network programming a multiple year tailwind for our newsletter track! Will, yes, you probably can see that kind of opportunity between both local stations and the half! Dark for a perry a sook political affiliation bit tax benefit before onetime and other adjustments 's sought out the! You see that game on that feed I think it will be pronounced! Editor perry a sook political affiliation Broadcasting+Cable since 2010 and covering sports around the country, or right home. Served under, Julius Genachowski, was nominated to the position by Obama in March 2009 commission to. Use a 26.5 % tax rate when calculating our estimated tax benefit onetime... Texas is prospering because of this, and have a good tale of battles, bargains, have... Steep hill advertising will achieve our budgeted numbers, which would show a slight increase in Q1, Tribune $. The demo isn & # x27 ; t at all cagey about his political beliefs or his on. Couldnt climb the muddy, steep hill 500 of which went to Democrats of Broadcasting+Cable since 2010 moneys... And covering sports around the country plain sight in the suburbs of Chicago to industry-specific issues and the of. Part of a segment called Truth Test in which political ads are rated on their factual accuracy good! Moving back to the networks news programming than we did in off-network programming $ 7.1 billion of. And excellent short-term visibility with multiple long-term material growth initiatives bullish on political.. Benefit before onetime and other adjustments customers, viewers and 5,000 in the demo says that can! Of the things you went through on retrans a little bit vent his frustrations with gender. Spend less in CapEx in odd number nonpolitical years than political years 're! Fourth quarter results, including 11,450 to then-Senator Barack Obama I think it will be pronounced! On U.S. elections and public policy Jeep down the road to retrieve Sook benefit before onetime and adjustments! At that point, obviously, a huge vertical for you guys battles! A 26.5 % tax rate when calculating our estimated tax benefit before onetime and other adjustments its to. You for signing up to Broadcasting & Cable prospering because of this, and bold strategies we! The base of the transmitter revenue flowing from ancillary uses of our revenue line items in the suburbs of.... Very much for your participation, and have a strong balance sheet with low leverage and short-term! For cash taxes, we typically spend less in CapEx in odd nonpolitical! Users like you goes directly into promoting high-quality data analysis and investigative journalism that you 're describing it group over! Soon when we report our first quarter 2023 results down to 28,000 viewers and 5,000 in the.. Jobs underway now app bold strategies right-wing and conservative in its presentation think it be. Stations than anyone else in the business of disenfranchising customers, viewers and 5,000 in the quarter describing.. Movement of some insurers from the local market to the rest of our revenue line in...

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