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.

Earnings data Q4 2020

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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.

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Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q3 2019 Results - Earnings Call Transcript

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Nexstar, the nation’s biggest owner of broadcast stations, said it's dumping traditional ratings for a new cost-per-impressions system developed with comScore. The rest of the broadcast industry should be doing pretty much the same.

Nexstar Move To Impressions For Ad Sales Could, Finally, Be Harbinger For All Broadcasters

Tribune Media

The acquisition of Tribune Media by Nexstar Media Group has created the largest owner of local TV stations, but it also raises new questions about the future of WGN America and a nearly one-third stake in the Food Network.

WGN America Path, Food Network Stake Enter Spotlight After Nexstar-Tribune Deal

Nexstar said Thursday it has closed its acquisition of Tribune Media for $7.2 billion, including debt, vaulting to the position of No. 1 owner of local TV stations in the U.S. The deal caps a remarkable rise for a company that consisted of a single radio station barely a generation ago. Sinclair Broadcast Group had

Nexstar Closes $4.1B Tribune Deal, Becoming No. 1 U.S. Local TV Station Owner

The Federal Communications Commission OK’d Nexstar’s $4.1 billion takeover of Tribune Media Monday — paving the way for the Texas-based Nexstar to become the largest broadcast company in the US with 144 stations in 115 markets. The FCC’s commissioners voted 3-to-2 vote in favor of the deal, which also includes $2.3 billion in Tribune debt,.

FCC backs Nexstar’s $4.1B deal for Tribune Media stations

The Federal Communications Commission has given the OK to Nexstar Media Group to acquire Tribune Media, a little more than a year after blocking Sinclair Broadcast Group from buying Tribune. FCC review was the final hurdle the transaction needed to clear. The Department of Justice gave its blessing in July. Nexstar is paying $4.1 billion

Nexstar Gets FCC Approval For $4.1B Acquisition Of Tribune Media

Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues for an order to approve  Nexstar Media Group Inc's  acquisition of Tribune Media Co  in a $6.4 billion tie-up, a spokeswoman for the agency said.

FCC chair Pai seeks approval for Nexstar-Tribune merger

Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q2 2019 Results - Earnings Call Transcript

Nexstar (NXST) delivered earnings and revenue surprises of 2.90% and -0.58%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Beats Q2 Earnings Estimates

CBS Corp  said on Tuesday it reached a multi-year agreement with Nexstar Media Group Inc  to renew CBS network affiliations for Nexstar stations.

CBS, Nexstar to renew affiliation agreement in multi-year deal

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Let's see if Nexstar Media (NXST) stock is a good choice for value-oriented investors right now from multiple angles.

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Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q1 2019 Results - Earnings Call Transcript

Nexstar (NXST) delivered earnings and revenue surprises of 0.85% and -2.63%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Q1 Earnings Top Estimates

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News for Nexstar Media Group Stock (NXST)