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Nexstar Media Names Angie Salas as Vice President and General Manager of Its Broadcast and Digital Operations in Champaign, IL

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火曜日, 2月 13, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST) today announced the appointment of Angie Salas as Vice President and General Manager of its broadcasting and digital operations serving Champaign and Springfield, Illinois (DMA #91), including WCIA-TV (CBS), WCIX-TV (My Network), WCIA.com, and their related digital and social media channels.

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST) today announced the appointment of Angie Salas as Vice President and General Manager of its broadcasting and digital operations serving Champaign and Springfield, Illinois (DMA #91), including WCIA-TV (CBS), WCIX-TV (My Network), WCIA.com, and their related digital and social media channels.
Ms. Salas will begin her duties immediately and report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar’s broadcasting division.
She is a forward-thinking leader with a history of enhancing broadcast and digital operations through strategic leadership and team development.
Ms. Salas and her husband Tony have four children; they will be immediately relocating to the Champaign area.

Nexstar Media Names Bill Dallman as Vice President and General Manager of Its Broadcast and Digital Operations in Grand Junction, Colorado

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月曜日, 1月 29, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Bill Dallman as Vice President and General Manager of its broadcasting and digital operations serving Grand Junction and Montrose, CO (DMA #187), including KREX-TV (CBS), KGJT-TV (My Network), westernslopenow.com, and their related digital and social media channels.

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Bill Dallman as Vice President and General Manager of its broadcasting and digital operations serving Grand Junction and Montrose, CO (DMA #187), including KREX-TV (CBS), KGJT-TV (My Network), westernslopenow.com, and their related digital and social media channels.
Mr. Dallman will also oversee the Company’s operational agreements with Mission Broadcasting, Inc., to provide services to KFQX-TV (FOX) in Grand Junction.
Mr. Dallman will report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar’s broadcasting division, and begin his new duties on Monday, February 12.
Prior to joining Nexstar, Mr. Dallman served as President and General Manager of KARE 11 (NBC) in Minneapolis/St.

Nexstar Media Reaches Multi-Year Distribution Agreement With Fubo

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水曜日, 1月 3, 2024

TV and Radio, Media, Marketing, Advertising, Communications, Online, General Entertainment, Entertainment, NewsNation, The CW, Nexstar Media Group, MyNetworkTV, Media Group, Nexstar, ABC, NXST

Nexstar Media Group, Inc. (NASDAQ: NXST), and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), today announced that they have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), today announced that they have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations.
The agreement also extends Fubo’s carriage of Nexstar’s national cable news network, NewsNation.
Financial terms were not disclosed.

Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion

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水曜日, 11月 8, 2023

Other Consumer, Technology, Entertainment, Marketing, Advertising, Communications, Audio, Video, General Entertainment, TV and Radio, Consumer, Consolidated, Digital, Adjustment, Journalism, NASCAR Xfinity Series, Nexstar Media Group, Food, Food Network, Verizon Communications, Walmart, NBA, Subaru, MyNetworkTV, The CW, EBITDA, Fox Corporation, News, Share repurchase, Conference, Sinclair Broadcast Group, DMA, Acquisition, Television, WTTA, Transaction, DIRECTV, Mission Broadcasting, CW, Antenna TV, Hearst Television, Growth, Los Angeles Clippers, NewsNation, Partnership, KUSI-TV, MVPD, Hand, WPHL-TV, NBA Development League Impact Player of the Year Award, KRON-TV, ACC, Cryptocurrency, Bookkeeping, Management, Communications satellite, Video game, Food industry, Music, Commercial property, Security (finance), Atlantic Coast Conference, Nexstar

Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.

Key Points:

Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.
Beginning in the fourth quarter of 2022, Nexstar defined Adjusted EBITDA and Free Cash Flow as metrics excluding transaction and one-time expenses.
Third quarter net revenue of $1.13 billion compared to $1.27 billion in the prior year quarter.
64% of Nexstar’s third quarter net revenue was generated by distribution, digital and other revenue sources.

Hawaiian Telcom Signs Agreement With Nexstar Media Inc.

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金曜日, 7月 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.

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

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木曜日, 7月 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.

Nexstar Media Group Reports Record First Quarter Net Revenue of $1.26 Billion

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火曜日, 5月 9, 2023

Beginning in the fourth quarter of 2022, Nexstar defined Adjusted EBITDA and Free Cash Flow as metrics excluding transaction and one-time expenses.

Key Points:

Beginning in the fourth quarter of 2022, Nexstar defined Adjusted EBITDA and Free Cash Flow as metrics excluding transaction and one-time expenses.
Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group, Inc. commented, “Nexstar’s first quarter financial results once again outperformed consensus expectations across all key financial metrics including net revenue, Adjusted EBITDA and attributable free cash flow.
Record first quarter net revenue of $1.26 billion increased 3.9% from the prior year quarter.
‒ 66% of Nexstar’s first quarter net revenue was generated by distribution, digital and other revenue sources.

Nexstar Reaches Multi-Year Agreement With Hulu

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月曜日, 5月 1, 2023

Other Consumer, Technology, Entertainment, Marketing, Advertising, Communications, Audio, Video, General Entertainment, TV and Radio, Consumer, MyNetworkTV, Hulu, Media Group, NewsNation, News, Nexstar Media Group, Television

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) today announced that it has reached a comprehensive multi-year distribution agreement with Hulu.

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) today announced that it has reached a comprehensive multi-year distribution agreement with Hulu.
The deal covers 122 of the company’s local television stations, including the launch of the company’s MyNetworkTV affiliates and independent stations, and the continued carriage of its cable news network, NewsNation, on Hulu + Live TV.
Financial terms of the agreement were not released.

Eric Walters Named General Manager of KMVT/KSVT in Twin Falls, Idaho

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火曜日, 4月 25, 2023

FOX, WBTW, University, Radio Television Digital News Association, KSVT-LD, KMVT, University of North Carolina School of the Arts, Grey, CBS, DMA, News director, Retirement, Growth, MyNetworkTV, NYSE, WZBJ, WDBJ, Television

ATLANTA, April 25, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced that Eric Walters will become the General Manager of KMVT (CBS) and KSVT-LD (FOX) in Twin Falls, Idaho (DMA 190), effective June 12, 2023.

Key Points:

ATLANTA, April 25, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced that Eric Walters will become the General Manager of KMVT (CBS) and KSVT-LD (FOX) in Twin Falls, Idaho (DMA 190), effective June 12, 2023.
Eric will succeed Kathy Silk, who last month announced her retirement after nearly 30 years in the broadcast industry.
Eric is currently the News Director of Gray’s WDBJ (CBS) and WZBJ (MyNetwork) in Roanoke, Virginia.
Before joining Gray in 2020, Eric served as the news director for CBS affiliate WBTW in Myrtle Beach, South Carolina.

Sinclair Broadcast Group Announces Distribution Agreement with YouTube TV to Add Carriage of Tennis Channel, T2, CHARGE! and TBD

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水曜日, 4月 12, 2023

Online, Communications, Media, Entertainment, TV and Radio, Fantasy, Tennis, FAST, Sinclair, MyNetworkTV, Tennis Channel, TBD, Comet, Distribution, YouTube TV, French Open, SVP, Music, Television

Sinclair Broadcast Group, Inc. (“Sinclair”) today announced a distribution agreement with YouTube TV to add carriage of Tennis Channel, T2, CHARGE!

Key Points:

Sinclair Broadcast Group, Inc. (“Sinclair”) today announced a distribution agreement with YouTube TV to add carriage of Tennis Channel, T2, CHARGE!
The agreement also extends YouTube TV’s existing carriage of Sinclair’s CBS and MyNetworkTV affiliated television broadcast stations.
These additions give YouTube TV subscribers a means to watch Tennis Channel’s exclusive, live coverage of more than 93% of the professional tennis events each year.
With Roland-Garros kicking-off May 28th, the timing is perfect for YouTube TV customers.”
Financial terms of the agreement were not released.