Nexstar

Hormaza will oversee KIAH-TV and cw39.com in nation’s sixth-largest television market

Political ad revenue hit $39M and it reduced year-over-year quarterly losses at The CW by $50 million

On September 1, WGN-TV in Chicago, WVBT-TV in Norfolk, and KLFY-TV in Lafayette will carry CW programming

The FCC had imposed fines on Nexstar and Mission Broadcasting and ordered Mission to sell WPIX

The CW affiliations will be moving to Nexstar stations in two of the markets on Sept. 1

Nexstar was fined $1,224,790, Mission $612,395 for violations regarding WPIX; Mission is ordered to sell the station

The lawsuit stems from a long-running retransmission dispute involving Mission and White Knight that has blacked out their stations on DirecTV

The FCC had fined Nexstar for violating good faith rules in its negotiations with Hawaiian Telecom Services

Recent FCC order “tightens media ownership rules in spite of the statute’s clear deregulatory purpose and the lack of basis for such tightening” Nexstar argued

He most recently served as vice president of advertising sales for Warner Bros. Discovery