This story has been updated to reflect the announcement of a deal between the two companies.

Nexstar and Phaninc ExchangeDirectTV announced a multi-year agreement on Monday to have the satellite television provider carry the local stations and cable news channel News Nation owned by Nexstar.

Nexstar had restored their channels to DirectTV on Sunday while the two sides completed negotiations.

"DIRECTV and Nexstar greatly appreciate the patience of their subscribers and viewers during this negotiation," the companies said in a joint statement.

The terms of the deal were not disclosed.

Nexstar pulled their channels from the satellite television provider in July, leaving 10 million DirectTV customers without local broadcast affiliates, the CW network and the company's upstart cable news channel.

Nexstar owns 176 channels across the country.

The agreement comes on the heels of Charter Communications, the parent company of Spectrum Cable, and Walt Disney Corporation's standoff over carriage fees which came to an end after a weekend that saw Spectrum customers blacked out from college football games on the ESPN family of networks.

DirectTV had a similar public negotiation with Fox Corp. last year, though an agreement was reached without channels being pulled from the service.