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Nexstar ready to squeeze more cash out of cable companies

The local TV broadcaster said retransmission fees charged to pay TV companies are misaligned with TV ratings.

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Reporters from KTLA-TV and other news channels at a press conference in 2014. (Photo via Wikimedia Commons, remixed by The Desk)
Reporters from KTLA-TV and other news channels at a press conference in 2014. (Photo via Wikimedia Commons, remixed by The Desk)

Nexstar Media Group feels its television distribution partners are not paying enough for its local TV channels — and the broadcaster is ready for cable, satellite and streaming providers to cough up more dough.

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