Univision Joins Sinclair and Nexstar Consortium

Univision became the third member of the spectrum aggregation consortium established by Nexstar and Sinclair earlier this year, the two founders announced. The consortium is intended to allow the broadcasters to better pool resources such as wireless spectrum stemming from ATSC 3.0 and advertising capacity to better compete, broadcast executives connected to the arrangement said. The consortium promotes the new TV standard and “monetization opportunities” in “spectrum utilization, virtual MVPD platforms, multicast channels, automotive applications, single frequency networks and wireless data applications,” the release said. "Our collaborative efforts to advance the promotion of spectrum utilization, innovation and monetization,” said Nexstar CEO Perry Sook. This "brings Spanish language broadcasters into the mix which will be able to benefit from the many 3.0 products and services that are on the horizon,” said Sinclair CEO Chris Ripley.