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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

YOU WONT BELIEVE: Streaming no thanks says nexstar ceo perry sook - You Need To See This

Perry Sook Nexstar CBS Disney
Nexstar Media Group CEO Perry Sook.

Perry Sook, founder and CEO of broadcast giant Nexstar Media Group, isn’t a fan of streaming.

“The main reason we’re not in streaming is because we just don’t think it’s a good business,” Sook said during Nexstar’s first-quarter earnings call Thursday. “It’s not a business we want to get into to lose money.”

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