Nexstar

Nexstar Names Media Industry Executive Michael Biard as President and Chief Operating Officer

Retrieved on: 
Martedì, Luglio 25, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”), today announced the appointment of media executive Michael Biard as President and Chief Operating Officer.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”), today announced the appointment of media executive Michael Biard as President and Chief Operating Officer.
  • Mr. Biard will report to Nexstar’s Chairman and Chief Executive Officer, Perry Sook, and assume his new duties on August 21, 2023.
  • Mr. Biard joins Nexstar following over 23 years at Fox Corporation (FOX) and its predecessor companies, including executive leadership positions covering multiple functional areas.
  • Mr. Carter joined Nexstar as Chief Financial Officer in August 2009, and was promoted to President and Chief Operating Officer in 2020.

Hawaiian Telcom Signs Agreement With Nexstar Media Inc.

Retrieved on: 
Venerdì, Luglio 21, 2023

Hawaiian Telcom is pleased to have reached an agreement with Nexstar Media Inc. (Nexstar) to restore KHON2 (FOX), KHII (MyNetwork), NewsNation and other networks to the channel lineup today.

Key Points: 
  • Hawaiian Telcom is pleased to have reached an agreement with Nexstar Media Inc. (Nexstar) to restore KHON2 (FOX), KHII (MyNetwork), NewsNation and other networks to the channel lineup today.
  • On July 5, Hawaiian Telcom filed a Federal Communications Commission (FCC) complaint against Nexstar after the broadcaster failed to meaningfully extend its retransmission consent agreement during active negotiations, which resulted in five broadcast channels and one cable network going dark.
  • When the prior agreement expired on June 30, 2023, even though both parties were actively negotiating, Nexstar refused to provide an adequate extension that would allow both parties sufficient time to negotiate a mutually acceptable agreement.
  • Earlier this week, Hawaiian Telcom amended its FCC complaint against Nexstar after the two companies reached an agreement, including financial terms, but Nexstar refused to sign unless Hawaiian Telcom withdrew its original complaint and agreed not to file future complaints against the broadcaster.

Nexstar Names Mitzi Coleman as Vice President and General Manager of Its Broadcasting and Digital Operations Serving Wheeling, West Virginia and Steubenville, Ohio

Retrieved on: 
Mercoledì, Luglio 19, 2023

Ms. Coleman is taking over for Roger Lyons, who is retiring after serving as WTRF-TV’s Vice President and General Manager for the past 19 years and a nearly 50-year career in broadcasting.

Key Points: 
  • Ms. Coleman is taking over for Roger Lyons, who is retiring after serving as WTRF-TV’s Vice President and General Manager for the past 19 years and a nearly 50-year career in broadcasting.
  • Ms. Coleman will begin her new duties immediately and report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar.
  • “Mitzi is the ideal choice to succeed Roger and she will build on the station’s well-established legacy of outstanding local news and service to the community,” said Ms. Wilkinson.
  • “I am extremely grateful to Nexstar for giving me the opportunity to lead WTRF-TV’s broadcast and digital operations here in Wheeling, and across parts of Ohio and Pennsylvania,” said Ms. Coleman.

Nexstar Promotes Larry Cottrill to Vice President and General Manager of Its Broadcasting and Digital Operations Serving Columbus, Ohio

Retrieved on: 
Mercoledì, Luglio 19, 2023

Mr. Cottrill is taking over for Ken Freedman, who is retiring after serving as WCMH-TV’s Vice President and General Manager since 2017 and a 44-year career in broadcasting.

Key Points: 
  • Mr. Cottrill is taking over for Ken Freedman, who is retiring after serving as WCMH-TV’s Vice President and General Manager since 2017 and a 44-year career in broadcasting.
  • Mr. Cottrill will begin his new duties on August 7, and report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar.
  • Mr. Cottrill oversaw the successful integration of WRIC-TV’s operation into Nexstar and directed the consolidation and realignment of station operations.
  • “Larry is a great choice to succeed Ken as Vice President and General Manager of our Columbus media properties,” said Mr. Stewart.

Nexstar Media Group Enters Into Multi-Year Employment Agreement Extensions With Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy

Retrieved on: 
Lunedì, Luglio 17, 2023

Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that it extended the employment agreements of Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy.

Key Points: 
  • Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that it extended the employment agreements of Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy.
  • Perry Sook commented, “We are thrilled to extend the employment agreements of Sean and Dana whose leadership has helped drive our growth and shareholder returns.
  • Our strong industry position and positive growth prospects reflect Sean and Dana’s leadership and key contributions alongside the Nexstar Nation team.
  • Prior to joining Nexstar, Ms. Zimmer was President of Distribution and Marketing for Tribune Media Company from 2013 to 2019.

Hawaiian Telcom Files Federal Communications Commission Complaint Against Nexstar Media Inc.

Retrieved on: 
Giovedì, Luglio 6, 2023

Hawaiian Telcom has filed a Federal Communications Commission (FCC) complaint against Nexstar Media Inc. (Nexstar) regarding a failure to extend its retransmission consent agreement during active negotiations, which resulted in five broadcast channels and one cable network going dark.

Key Points: 
  • Hawaiian Telcom has filed a Federal Communications Commission (FCC) complaint against Nexstar Media Inc. (Nexstar) regarding a failure to extend its retransmission consent agreement during active negotiations, which resulted in five broadcast channels and one cable network going dark.
  • Hawaiian Telcom continues to negotiate with Nexstar to maintain reasonable rate increases and, ultimately, keep customer costs manageable.
  • “Nexstar is using its market power to unjustifiably raise prices far beyond what is reasonable,” said Filifotu Vaai, Vice President of Consumer Products and Sales at Hawaiian Telcom.
  • Nexstar’s stations will remain unavailable for Hawaiian Telcom customers until a new agreement is reached or the agreement is extended.

Viewers Deprived of Critical Local News, Important Weather Updates, Women’s World Cup Soccer Matches, and MLB All-Star Game, Following DIRECTV’s Removal of 159 Nexstar Local TV Stations in 113 Markets and National Cable News Network NewsNation

Retrieved on: 
Lunedì, Luglio 3, 2023

The disruption in service affects DIRECTV, Uverse and DIRECTV Stream subscribers.

Key Points: 
  • The disruption in service affects DIRECTV, Uverse and DIRECTV Stream subscribers.
  • DIRECTV and Nexstar were unable to reach a new distribution agreement allowing the DIRECTV the right to continue airing the highly-rated programming on Nexstar’s local stations.
  • In addition, DIRECTV rejected Nexstar’s offer to extend the current distribution agreement to October 31, 2023.
  • DIRECTV and Nexstar were also unable to reach an agreement to allow DIRECTV the right to continue carrying Nexstar’s national cable news network, NewsNation.

NATION'S LARGEST LOCAL TV OUTAGE BEGINS AFTER NEXSTAR DEMANDS MORE THAN DOUBLE THE CURRENT VIEWER FEES FROM DIRECTV

Retrieved on: 
Lunedì, Luglio 3, 2023

After denying Nexstar's demands for DIRECTV to pay more than double the previous fees for the same content, DIRECTV lost the rights to offer Nexstar-controlled ABC, CBS, NBC, FOX and CW stations in select markets, as well as NewsNation.

Key Points: 
  • After denying Nexstar's demands for DIRECTV to pay more than double the previous fees for the same content, DIRECTV lost the rights to offer Nexstar-controlled ABC, CBS, NBC, FOX and CW stations in select markets, as well as NewsNation.
  • That means viewers in many metro areas will temporarily lose several local broadcast stations at the same time.
  • What's more, Nexstar also seeks to force the CW and less popular channels into DIRECTV lineups, which would only increase costs for customers.
  • While DIRECTV continues negotiations to return Nexstar programming to DIRECTV, DIRECTV STREAM and U-verse, customers can access much of the news, sports and entertainment programming on both local station and national network websites and apps, streaming services, and over-the-air.

Nexstar Television Stations in Philadelphia, San Francisco, and Tampa to Become Affiliated With The CW Network on September 1

Retrieved on: 
Mercoledì, Giugno 14, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in three of the nation’s top-15 television markets, including WPHL-TV in Philadelphia (DMA #4), KRON-TV in San Francisco (DMA #10), and WTTA-TV in Tampa (DMA #13), will become affiliates of The CW Network on September 1, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in three of the nation’s top-15 television markets, including WPHL-TV in Philadelphia (DMA #4), KRON-TV in San Francisco (DMA #10), and WTTA-TV in Tampa (DMA #13), will become affiliates of The CW Network on September 1, 2023.
  • All three stations will begin carrying the network’s primetime entertainment, live sports, and special event programming at that time.
  • The fully ad-supported CW App, with more than 95 million downloads to date, is available for free to consumers on all major digital platforms.
  • Dennis Miller, President of The CW Network, commented, “These stations in Philadelphia, San Francisco, and Tampa have deep relationships with their viewers, advertisers, and the communities they serve; they are a great addition to the CW family and will help us better shape the future of the network.”

Nexstar Promotes Carter Murphy to Vice President and General Manager of Its Broadcasting and Digital Operations Serving Augusta, Georgia and Aiken, South Carolina

Retrieved on: 
Venerdì, Giugno 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the promotion of Carter Murphy to Vice President and General Manager of its broadcast and digital operations serving Augusta, Georgia, and Aiken, South Carolina (DMA #110), including WJBF-TV and wjbf.com, and their related mobile apps and social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the promotion of Carter Murphy to Vice President and General Manager of its broadcast and digital operations serving Augusta, Georgia, and Aiken, South Carolina (DMA #110), including WJBF-TV and wjbf.com, and their related mobile apps and social media channels.
  • He is taking over for Bill Stewart, who is retiring after serving as WJBF-TV’s Vice President and General Manager since 2007.
  • Mr. Murphy, who has 25 years of experience in the market, will begin his new duties on July 3 and report to Ron Romines, Senior Vice President and Regional Manager for Nexstar.
  • He served as Local Sales Manager at the station from 2007 to 2021, when he was promoted to General Sales Manager.