Nexstar Media Group

Nexstar Media Promotes Mike Spruill to Vice President and General Manager of Its Broadcast and Digital Operations in Nashville, Tennessee

Retrieved on: 
Wednesday, December 13, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee (DMA #26), overseeing WKRN-TV (ABC), wkrn.com , and their related social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee (DMA #26), overseeing WKRN-TV (ABC), wkrn.com , and their related social media channels.
  • Mr. Spruill will assume his new responsibilities immediately and continue reporting to Mike Vaughn, Senior Vice President and Regional Manager for Nexstar.
  • Mr. Spruill’s promotion marks a return to a television station and city that he knows extremely well; he previously served as WKRN’s General Sales Manager from 2015 to early-2020, overseeing all sales operations.
  • “Mike is the ideal executive to lead Nexstar’s broadcast and digital operations in Nashville,” said Mr. Vaughn.

NewsNation and The CW Network Deliver More Than 4 Million Viewers for GOP Presidential Primary Debate

Retrieved on: 
Thursday, December 7, 2023

NewsNation and The CW Network combined to deliver more than 4 million viewers Wednesday night for the final GOP Presidential primary debate before the Iowa caucuses.

Key Points: 
  • NewsNation and The CW Network combined to deliver more than 4 million viewers Wednesday night for the final GOP Presidential primary debate before the Iowa caucuses.
  • The CW Network, which simulcast the debate, delivered more than 2.5 million viewers and nearly 500,000 viewers among adults 25 to 54, making the debate The CW’s most watched primetime program since 2018.
  • In the New York City market, the nation’s largest DMA, WPIX-TV’s broadcast of the debate was #1 in primetime, drawing more than 300,000 total viewers.
  • Prior to the debate, NewsNation aired “Countdown to the NewsNation Republican Primary Debate,” a two-hour news special hosted by Chris Cuomo and chief Washington anchor Leland Vittert.

Nexstar Media Group to Participate in Four Upcoming Investor Conferences

Retrieved on: 
Thursday, November 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in four institutional investor conferences in November and December:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in four institutional investor conferences in November and December:
    A live webcast and replay of the Stephens, BofA Securities and UBS fireside chats will be available through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at www.nexstar.tv .
  • Please contact your Stephens, BofA Securities, UBS or MoffettNathanson sales representative to register for the conferences and to request meetings with Nexstar management.

NewsNation to Host Fourth 2024 Republican Presidential Primary Debate on December 6, at 8 p.m. ET

Retrieved on: 
Thursday, November 9, 2023

NewsNation, the fastest-growing network in primetime cable news, today announced that it will host the fourth Republican presidential primary debate of the 2024 election cycle on Wednesday, December 6th, 2023, from 8-10 p.m.

Key Points: 
  • NewsNation, the fastest-growing network in primetime cable news, today announced that it will host the fourth Republican presidential primary debate of the 2024 election cycle on Wednesday, December 6th, 2023, from 8-10 p.m.
  • Ms. Kelly moderated five GOP primary debates, including the first GOP primary debate in the 2016 election cycle, which was watched by 24 million viewers.
  • It remains the most watched Presidential primary debate in history.
  • The network has consistently been named one of the country’s most reliable and balanced cable news outlets by Ad Fontes.

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

Retrieved on: 
Wednesday, November 8, 2023

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.

Nexstar Media Group and Cox Communications Reach Multi-Year Distribution Agreement

Retrieved on: 
Tuesday, November 7, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), and Cox Communications today announced that they have reached a comprehensive, multi-year distribution agreement.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), and Cox Communications today announced that they have reached a comprehensive, multi-year distribution agreement.
  • The agreement covers 38 Nexstar-owned television stations in 23 markets across the country, national cable news network NewsNation, and digital networks Antenna TV and Rewind TV.
  • Specific terms of the agreement were not disclosed.

Nexstar Media Group Declares Quarterly Cash Dividend of $1.35 Per Share

Retrieved on: 
Friday, October 27, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35 per share of its common stock.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35 per share of its common stock.
  • The dividend is payable on Monday, November 27, 2023, to shareholders of record on Friday, November 10, 2023.
  • While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.

Nexstar Media and ReachTV Announce Partnership Extending Distribution of NewsNation and the CW Network

Retrieved on: 
Thursday, October 26, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) and ReachTV today announced that they are partnering to extend the distribution of NewsNation, the country’s fastest growing cable news network, and the sports programming of the CW Network, including ACC College Football and Basketball and LIV Golf.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) and ReachTV today announced that they are partnering to extend the distribution of NewsNation, the country’s fastest growing cable news network, and the sports programming of the CW Network, including ACC College Football and Basketball and LIV Golf.
  • Financial terms of the agreement were not disclosed.
  • NewsNation and The CW’s sports programming will reach more than 50 million viewers per month on ReachTV’s streaming television network, distributed across 500,000 hotel rooms and 2,500+ airport TV-screens in more than 90 major airports across the United States.
  • “Nexstar always looks for ways to extend the distribution of NewsNation and The CW Network to new audiences,” said Dana Zimmer, Nexstar’s President of Distribution.

Nexstar Media Group Promotes Steven Blanchard to Vice President and General Manager of Its Broadcasting and Digital Operations in Richmond, Virginia

Retrieved on: 
Tuesday, October 24, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that it has promoted Steven Blanchard to Vice President and General Manager of the company’s broadcasting and digital operations in Richmond, Virginia, including WRIC-TV (ABC DMA #56), wric.com, and their related digital and social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that it has promoted Steven Blanchard to Vice President and General Manager of the company’s broadcasting and digital operations in Richmond, Virginia, including WRIC-TV (ABC DMA #56), wric.com, and their related digital and social media channels.
  • Mr. Blanchard will begin his duties immediately and report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar’s broadcasting division.
  • Since 2013, Mr. Blanchard has served as Director of Sales for WFLA-TV (NBC), WTTA-TV (CW) and WSNN, Nexstar’s media properties serving Florida’s Tampa/St.
  • Mr. Blanchard was responsible for the long-term strategy and day-to-day management of the broadcast and digital sales operations of all three businesses.

Nexstar Media Group Releases New Investor Presentation Highlighting Its Perspectives on the Evolving Media/Television Landscape

Retrieved on: 
Monday, October 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it has released a new investor presentation highlighting the Company’s perspectives on recent events and their positive impact on the broadcast television industry and Nexstar’s business with slides including:

Key Points: 

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it has released a new investor presentation highlighting the Company’s perspectives on recent events and their positive impact on the broadcast television industry and Nexstar’s business with slides including: