Nexstar Broadcasting : Local News Operations and Journalistic Excellence Acknowledged with Nine Regional Edward R. Murrow Awards

The Radio Television Digital News Association (RTDNA) announced today the regional winners of the Edward R. Murrow Awards and the local news operations of Nexstar Broadcasting Group, Inc. (Nasdaq:NXST) are the proud recipients of nine awards including Overall Excellence (Small Market), Best Breaking News Coverage (Small Market), Investigative Reporting (Small Market), Sports Reporting (2) (Small Market) and Broadcast Affiliate Website (Small Market).

“These prestigious Edward R. Murrow Awards are a testament to our commitment to addressing the information needs of local viewers and we are extraordinarily proud and congratulate our reporters, anchors, sportscasters, digital media specialists and other personnel that are being honored,” said Perry Sook, President and Chief Executive Officer.

The RTDNA has been honoring outstanding achievements in electronic journalism with the Edward R. Murrow Awards since 1971 and the 2014 awards mark the second straight year Nexstar stations have captured nine regional awards. In the 2014 competition, Nexstar news operations in seven markets were distinguished with the following honors:

“Nexstar consistently elevates the level of service provided to local communities in the markets we serve with in-depth, locally-originated news programming and online content with WSYR Syracuse’s award for best broadcast affiliate website acknowledging our industry leading digital content initiative,” said Jerry Walsh, Director of Local Content Development – East Region at Nexstar Broadcasting. “In acknowledgement of outstanding journalistic contributions, and broadcasting excellence Nexstar and Mission stations have garnered more than 339 awards over the past five years including 161 state broadcast association awards, 64 local and other broadcasting awards, 42 state Associated Press awards, 33 regional Edward R. Murrow Awards, 16 State Society of Professional Journalists Awards and 15 Emmy Awards. We applaud our stations and our passionate broadcasting teams who will continue to build on their industry-wide leadership in delivering exceptional service in our markets with local news, lifestyle, sports, weather and other programming that is relevant and vital to local viewers.”

About Nexstar Broadcasting Group, Inc.

Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 74 television stations and 13 related digital multicast signals reaching 44 markets or approximately 12.1% of all U.S. television households. Nexstar’s portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, Bounce TV and independent stations. Nexstar’s 43 community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.

Pro-forma for the completion of all announced transactions Nexstar will own, operate, program or provides sales and other services to 108 television stations and related digital multicast signals reaching 56 markets or approximately 16.0% of all U.S. television households.

Forward-Looking Statements

This news release includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words "guidance," "believes," "expects," "anticipates," "could," or similar expressions. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

The forward-looking statements contained in this news release, concerning, among other things, changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, our ability to service and refinance our outstanding debt, successful integration of acquired television stations (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations' operating areas, competition from others in the broadcast television markets served by the Company, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this news release might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.