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Nexstar Buys GoLocal.biz

Nexstar Broadcasting Group has acquired GoLocal.biz, an Internet technology company that has been providing local business directory, coupon, movie and entertainment listings to all 35 of Nexstar's local portal sites and to other local media.



Based in St. George, Utah, GoLocal.biz was founded by Nick Schulz, Dave May and Brian Green in 2007. GoLocal.Biz will operate as part of Nexstar's e-Media community portal and technology operation and will report to Nexstar executive vice president and co-COO Brian Jones. "The acquisition creates an entirely new revenue stream for Nexstar as we intend to expand the distribution and syndication of the GoLocal.biz platform to other online publishers in television and radio markets not served by Nexstar," stated Nexstar CEO Perry A. Sook.

Read the whole story at TV Newscheck »

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