![]() ![]() And if you want to go back in ancient history, in 2019, we were off the DirecTV for two-and-a-half months. “We did it for two weeks in the fourth quarter with Verizon. “Going dark on distributors is not a new thing in our business at all,” Carter said. Though some other station groups have caved and resumed service on Fubo, Nexstar is holding out, and Carter notes this is not the first time - and likely won’t be the last - it uses this negotiation tactic. But from the perspective of the overall ecosystem, it still remains healthy.” We would like to have something more approximating the traditional MVPD negotiating scheme, but that is contractually not ours, right now. So the networks control that discussion more. “In traditional MVPDs, we negotiate with the distributors and collect the revenue and then pay the networks. “The virtual MVPDs are a different negotiating cadence and schematic with regard to traditional MVPDs, in that, virtual MVPDs, the networks negotiate with the distributor and then pay the station a portion of the money that they collect from the networks,” Carter said. ![]() The CBS Affiliate Board had rejected what was deemed a “below market” deal struck by CBS parent company Paramount Global with virtual MVPD Fubo, and these other station groups were following their lead in fighting against a precedent being set in virtual MVPD negotiations. Scripps Co., Tegna, Hearst Television and Cox, removed themselves from FuboTV in support of CBS Television Stations. In February, Nexstar, along with station groups Sinclair, Gray Television, E.W. ![]()
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