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Nexstar Media Group Inc (NASDAQ: NXST) reported third-quarter FY21 net revenue growth of 3.5% year-on-year to $1.157 billion, marginally ahead of the consensus of $1.15 billion. Revenues from Total Television Advertising declined 13.5% Y/Y to $445.1 million, comprising Core Advertising revenue that climbed 13.3% Y/Y to $432.7 million, partially offset by a 90.6% decline in Political Advertising revenue to $12.4 million.
...read full article on Benzinga
