Nexstar Media Group Completes Tribune Media Acquisition Creating The Nation´s Largest Local Television Broadcaster
(WorldNews Entertainment)

Leading Local Content Distribution and Marketing Solutions Platform Now Reaches 15 of the Top 25 U.S. Markets; Produces over 254,000 Hours of Locally-Focused News and Content Annually with Plans to Further Expand Local Programming Completes Previously Announced Divestitures of 21 Television Stations Increases Expected First Year Operating Synergies to Approximately $185 Million from Approximately $160 Million Initiates Pro-Forma Average Annual Free Cash Flow Guidancefor the 2019/2020 Cycle of $1.02 Billion IRVING, Texas -Nexstar Media Group, Inc. (Nasdaq: NXST) (`Nexstar`) announced today that it completed its previously announced acquisition of Tribune Media Company (NYSE: TRCO) (`Tribune...