Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

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Nexstar Media Group Achieves Record Revenue and Eyes Future Growth

Nexstar Media Group's exceptional 2022 performance, strategic acquisitions, and focus on future technologies position it for continued success. Despite challenges in national advertising, the company is poised for growth through increased retrans revenue and upcoming political ad opportunities.

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

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CHICAGO--(BUSINESS WIRE)--NewsNation, Nexstar Media Inc.'s (Nasdaq: NXST) wholly-owned news and entertainment cable network reaching 75 million U.S. television households, debuts four hours of new live programming on Monday, September 27, adding 20 hours of news, analysis, and talk to the network's weekly schedule. Beginning Monday, NewsNation viewers will start their day with MORNING IN AMERICA, a live national three-hour weekday morning news show airing from 7 a.m. ET to 10 a.m. ET, hosted by

NewsNation Debuts Expanded Programming on Monday, September 27

CHARLOTTE, N.C. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named Lloyd Bucher as Vice President and General Manager of its broadcast and digital operations in Charlotte, North Carolina (DMA #22), overseeing WJZY-TV (FOX), WMYT-TV (MyNet) and fox46.com. Mr. Bucher will assume his new responsibilities on September 29, and report to Ron Romines, Senior Vice President and Regional Manager f

Nexstar Media Inc. Names Lloyd Bucher as Vice President and General Manager of Its Broadcast and Digital Operations in Charlotte, North Carolina

A small media company that owns one of the top portfolios of big four network television stations has outperformed media giants and could continue to see strong returns with acquisitions, sports wagering launches and share buybacks. About Nexstar Media: The largest local television and media company in the U.S. is Nexstar Media Group (NASDAQ: NXST).

This Small-Cap Media Stock Has Outperformed Disney, Comcast In The Last 5 Years: Can It Keep The Run Going?

IRVING, Texas & MEMPHIS, Tenn.--(BUSINESS WIRE)--Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it has promoted Fran McRae to Vice President and General Manager of its broadcast and digital operations in Memphis, Tennessee (DMA #51), and Jackson, Tennessee (DMA #175), overseeing WREG-TV (CBS), WJKT-TV (FOX), wreg.com, and their related mobile and social media channels. She succeeds Ron Walter, who retired at the end of August. Ms.

Nexstar Media Inc. Promotes Fran McRae to Vice President and General Manager of Its Broadcast and Digital Operations in Memphis, Tennessee and Jackson, Tennessee

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IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2021 third quarter financial results premarket on November 2, 2021 and host a conference call and webcast at 9am ET.

Nexstar Media Group to Report 2021 Third Quarter Financial Results, Host Conference Call and Webcast on November 2

Nexstar stock has outperformed the market by wide margins over ten, five, and one year time periods. The increased reach provided by the Tribune merger could attract more national advertisers and increase political ad spending.

Nexstar: A 2,300 Percent Gain Over The Last Decade

Nexstar Media Group, Inc (NASDAQ: NXST) has announced that its Nexstar Media Inc. subsidiary is partnering with the streaming video network SportsGrid Inc. on SportsGrid Network, which is being billed as “the nation's first-ever diginet devoted to sports wagering and fantasy sports.” What Happened: SportsGrid Network launches Sept.

Nexstar Teams With SportsGrid On New Digitnet Sports Betting Network

IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), the largest local media company in the United States, and SportsGrid Inc., a streaming video network that provides extensive coverage of sports betting for all the major sports, today announced a multi-year agreement to launch “SportsGrid Network,” the nation's first-ever diginet devoted to sports wagering and fantasy sports. Beginning September 1, SportsGrid Net

Nexstar Media and SportsGrid to Launch First-Ever Diginet for Sports Wagering and Fantasy Sports

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KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City's leading television stations today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Today's launch includes KMBC-TV (ABC), KCTV (CBS), KSHB-TV (NBC), WDAF-TV (FOX), KCPT (PBS), KCWE (CW), KSMO-TV (MyNet) and KMCI-TV (IND), which are now available to Kansas City area viewers in the all-new NEXTGEN TV format. Based on the same fundamental technology as the Internet and digital apps, NEXTGEN TV can support a wide

Major Broadcasters Launch NEXTGEN TV on Eight Local Television Stations in Kansas City, MO

IRVING, Texas & BILLINGS, Mont.--(BUSINESS WIRE)--Nexstar Media Inc. appointed Stephen Eaton Vice President and General Manager of KSVI-TV (ABC) broadcast and digital operations in Billings, Montana.

Nexstar Media Inc. Appoints Stephen Eaton Vice President and General Manager of Its Broadcast and Digital Operations in Billings, Montana

NEW YORK, Aug. 23, 2021 /PRNewswire/ -- The Hill, advised by JEGI CLARITY, has been sold to Nexstar Media, a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST). Founded in 1994, The Hill is a leading independent, political digital media platform with 48 million average monthly users and 2.2 billion total pageviews in 2020 according to Comscore.

JEGI CLARITY Has Advised The Hill On Their Sale To Nexstar Media

Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), has acquired the online political news resource The Hill for $130 million. What Happened: The Hill was launched in 1994 as a free newspaper distributed in Washington, D.C.

Political News Site The Hill Acquired By Nexstar Media For $130M

Broadcaster Nexstar Media said Friday it's buying The Hill, a leading purveyor of Beltway news, for $130 million as it expands in digital content. The Hill had 48 million average monthly users and 2.2 billion total pageviews in 2020 according to Comscore and attracted more than 4 million followers and 914 million video views on...

Nexstar Media Buys Political News Hub, The Hill, For $130 Million

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar's operating results. The Hill is the nation's leading, independent, political digital media platform. The acquisition marks a continuation of Nexstar's content-first strategy, focused primarily on news, desig

Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 Million

IRVING, Texas--(BUSINESS WIRE)--The local news operations of Nexstar Media's television stations KDVR-TV and KSNW-TV won National Edward R. Murrow Awards for outstanding journalism.

Nexstar Media Inc. Television Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Local Content

IRVING, Texas & ROCKFORD, Ill.--(BUSINESS WIRE)--Nexstar names Michael Silecchia Vice President and General Manager of its Rockford, IL broadcast and digital operations WQRF-TV and mystateline.com.

Nexstar Media Inc. Appoints Michael Silecchia Vice President and General Manager of Its Broadcast and Digital Operations in Rockford, Illinois

TEGNA

INDIANAPOLIS--(BUSINESS WIRE)--Four leading local television stations in Indianapolis, including WRTV (ABC), WTTK (CBS), WTHR (NBC), and WXIN (FOX), today bring NEXTGEN TV, a revolutionary new digital broadcast technology, to the city. Based on the same fundamental technology as the Internet and digital apps, NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters to reach viewers with advanced emergency al

Major Broadcasters Launch NEXTGEN TV on Four Local Television Stations in Indianapolis, IN

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Investors could buy Penske Automotive (PAG), Nexstar Media (NXST), Avery Dennison (AVY), Texas Instruments (TXN) and Carriage Services (CSV) for safe and consistent income.

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Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q2 2021 Results - Earnings Call Transcript

Nexstar (NXST) delivered earnings and revenue surprises of 16.54% and 0.76%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Surpasses Q2 Earnings and Revenue Estimates

Nexstar Media Group Inc (NASDAQ: NXST) reported second-quarter FY21 net revenue growth of 23.7% year-on-year to $1.13 billion, beating the analyst consensus of $1.12 billion. Revenues from Total Television Advertising jumped 35.1% Y/Y to $431.97 million, Core Advertising climbed 42% Y/Y to $423.5 million, highlighting growing demand for its premium local and national marketing solutions partially offset by a 60.5% Y/Y decline in Political Advertising revenue to $8.5 million.

Recovery In Core Advertising Pumps Nexstar Media's Q2 Earnings, Clocks Double-Digit Distribution Revenue Growth

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. reported second quarter 2021 financial results, including record second quarter revenue, net income and Adjusted EBITDA.

Nexstar Media Group Reports Record Second Quarter Net Revenue of $1,131.6 Million

Nexstar Media Group (NASDAQ:NXST) announces its next round of earnings this Wednesday, August 04. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Earnings Outlook For Nexstar Media Group

Nexstar (NXST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Nexstar Media Group Stock (NXST)