Insight Communications Co. Inc. and Nexstar Broadcasting Group Inc. have reached a multiyear retransmission-consent deal that covers analog- and digital-carriage rights for nine stations, officials said Friday.
The agreement encompasses all Nexstar and Mission Broadcasting Inc. stations carried by Insight. Nexstar manages a number of Mission stations.
As part of the deal, in some markets, Insight will be able to offer Nexstar’s local newscasts via video-on-demand.
The broadcast outlets involved in the pact are located in the Illinois towns of Champaign, Springfield, Decatur, Macomb, Peoria and Bloomington, and in the Indiana cities of Terre Haute, Fort Wayne and Evansville.
“We are pleased to have reached an agreement that is beneficial to all parties, especially our customers,” Insight vice president of programming Melani Griffith said in a prepared statement.
“It is particularly gratifying to be able to continue providing them with the programming they enjoy from the Nexstar stations, while keeping our cable rates fair,” she added.
Nexstar recently reached a retransmission-consent deal with Cox Communications Inc., but the company remains in a dispute over the issue with Cable One Inc.
As for the Insight deal, in a prepared statement, Nexstar chairman Perry Sook said, “This innovative agreement includes carriage rights for both our analog and digital signals and will establish a video-on-demand service for our local news broadcasts in several of these markets. As has been previously reported, Nexstar has refused to grant retransmission consent without receiving adequate compensation, and we are pleased to have reached an economic agreement that is acceptable to both parties.”