Broadcasting Industry Announced Financial Results, New Leaders and Acquisitions - Research Report on CBS, Sinclair Broadcast,

      Broadcasting Industry Announced Financial Results, New Leaders and
 Acquisitions - Research Report on CBS, Sinclair Broadcast, Scripps Networks
            Interactive, Liberty Mediam, and Nexstar Broadcasting

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, November 13, 2013

NEW YORK, November 13, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting CBS
Corporation (NYSE: CBS), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), Scripps
Networks Interactive, Inc. (NYSE: SNI), Liberty Capital Group (NASDAQ: LMCA),
and Nexstar Broadcasting Group Inc. (NASDAQ: NXST). Today's readers may access
these reports free of charge - including full price targets, industry analysis
and analyst ratings - via the links below.

CBS Corporation Research Report

On November 6, 2013, CBS Corporation (CBS) reported its financial results for
Q3 2013. Total revenue increased 11.3% YoY to $3.6 billion during the quarter.
Net earnings were $494 million or $0.80 per diluted share in Q3 2013, compared
to net income of $391 million or $0.60 per diluted share in Q3 2012.
Commenting on the results, Executive Chairman at CBS, Sumner Redstone said,
"CBS's third quarter proves once again why content is king. Our programming is
becoming more valuable all the time as we continue to take advantage of the
ever-expanding multiplatform world. With Les and his team leading the way, I
know that CBS is poised for continued success for many years to come." The
Full Research Report on CBS Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

[http://www.analystscorner.com/r/full_research_report/22c7_CBS]

--

Sinclair Broadcast Group Inc. Research Report

On November 7, 2013, Sinclair Broadcast Group Inc. (Sinclair) announced that
it has appointed Joseph Koff as the new Vice President of Training and
Development, in addition to his current role as Chief Operating Officer of
Sinclair's wrestling promotion, Ring of Honor. Steve Marks, Chief Operating
Officer of Sinclair's television group, said, "We are very pleased to promote
Joe and make official the lead role he has been handling for us for years. Our
first sales boot camps were created and taught by Joe. They eventually evolved
into Sinclair University, which is our in-house sales training program, the
curriculum of which Joe created and personally teaches. He has been an
integral part in growing our top line revenues through the training of our
account executives and local sales managers. We have seen solid results from
the almost 200 sellers who have participated in Sinclair University and look
forward to Joe expanding upon those success stories." The Full Research Report
on Sinclair Broadcast Group Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/8323_SBGI]

--

Scripps Networks Interactive, Inc. Research Report

On November 8, 2013, Scripps Networks Interactive, Inc. (Scripps Networks)
announced that it has appointed James B. Clayton as the Company's new
Executive Vice President of Corporate Giving and Community Relations.
According to the Scripps Networks, Clayton in his new role will oversee the
Company's global, national and local philanthropy and will be responsible for
developing strategies and protocols for the Company's corporate giving, as
well as serving as the primary liaison and philanthropic contact for civic and
community leaders in Knoxville, New York City and other locations where the
Company has operations. Clayton will report to Kenneth W. Lowe, Chairman,
President and CEO of Scripps Networks. The Full Research Report on Scripps
Networks Interactive, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/d3d0_SNI]

--

Liberty Capital Group Research Report

On November 5, 2013, Liberty Capital Group (Liberty Media) reported its
financial results for Q3 2013. Revenue decreased 86.1% YoY to $154 million
during the quarter. Net earnings attributable to Liberty stockholders were
$221 million in Q3 2013, compared to that of $76 million in Q3 2012. Liberty
Media's President and CEO, Greg Maffei said, "It was a busy October for
Liberty. We completed a transaction with Comcast which resulted in our
repurchase of 6.3 million Liberty Media shares or 5.2% of our outstanding
shares which takes total repurchases to over 51%. We also reached an agreement
with SiriusXM for them to repurchase $500 million of their shares from us.
Finally, we received a very positive response to our 1.375% convertible senior
notes offering which was upsized to $1 billion from $500 million." The Full
Research Report on Liberty Capital Group - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at:

[http://www.analystscorner.com/r/full_research_report/8b9e_LMCA]

--

Nexstar Broadcasting Group Inc. Research Report

On November 6, 2013, Nexstar Broadcasting Group Inc. (Nexstar Broadcasting)
announced that it entered into a definitive agreement to acquire the stock of
Grant Company, Inc. (Grant), the owner of seven television stations in four
markets, for $87.5 million in accretive transaction. According to the Company,
the proposed acquisition transaction will expand Nexstar's local television
broadcasting and digital media platforms with stations that are complementary
to Nexstar's operating base and present significant financial and operating
synergies. Additionally, Nexstar informed about another purchase agreement
with Mission Broadcasting, Inc. (Mission), pursuant to which Mission will
purchase one of the Grant stations from Nexstar and, upon consummation of the
transaction, enter into local service agreements with Nexstar. Perry A. Sook,
Chairman, President and CEO of Nexstar Broadcasting commented, "The agreement
to acquire seven stations from Grant extends our momentum in building the
scale of our broadcast operating base through accretive acquisitions. Upon
completing all announced transactions, we will own or provide services to
multiple stations in 36 of the 54 markets where we will operate." The Full
Research Report on Nexstar Broadcasting Group Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:

[http://www.analystscorner.com/r/full_research_report/19de_NXST]

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