Nexstar Media Group

Nexstar Media and Fox Corporation Renew and Extend Multi-Year Affiliation Agreement

Retrieved on:

Tuesday, September 5, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), and Fox Corporation (NASDAQ: FOXA, FOX) today announced that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the United States, including those in six of the country’s top twenty markets.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), and Fox Corporation (NASDAQ: FOXA, FOX) today announced that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the United States, including those in six of the country’s top twenty markets.
In addition, Fox Corporation has reached agreements to renew the FOX affiliations of 12 stations that have shared services agreements with Nexstar, 11 of which are owned by Mission Broadcasting, Inc., and one of which is owned by White Knight Broadcasting, Inc.
Collectively, these 41 television stations renewing their FOX affiliations reach almost 22 million television households.
“As the #1 FOX-affiliated television station group in the country, Nexstar is proud to extend its longstanding relationship with FOX,” said Andrew Alford, President of Nexstar’s broadcasting division.

Nexstar’s KAUT-TV in Oklahoma City to Become CW Network Affiliate on September 1

Retrieved on:

Thursday, August 31, 2023

Licensing (Entertainment), General Entertainment, Other Entertainment, Entertainment, TV and Radio, ACC, Basketball, NFL, Media Group, CW, KAUT-TV, The CW, Golf, NASCAR Xfinity Series, LIV Golf, NXST, Nexstar Media Group, Television

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that KAUT-TV, one of the company’s owned and operated television stations serving Oklahoma City, Oklahoma, will become an affiliate of The CW Network on September 1, 2023.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that KAUT-TV, one of the company’s owned and operated television stations serving Oklahoma City, Oklahoma, will become an affiliate of The CW Network on September 1, 2023.
KAUT-TV will begin carrying The CW’s primetime entertainment and live sports programming at that time.
The network is the exclusive broadcast home to LIV Golf and will be adding NASCAR Xfinity Series racing in 2025.
The fully ad-supported CW App, with more than 96 million downloads to date, is available for free to consumers on all major digital platforms.

Nexstar Media Group Promotes Tracey Rogers to Senior Vice President and Regional Manager

Retrieved on:

Tuesday, August 29, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the promotion of accomplished media executive Tracey Rogers to Senior Vice President and Regional Manager for its broadcasting division, overseeing Nexstar television stations and digital operations in multiple markets across the country.

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the promotion of accomplished media executive Tracey Rogers to Senior Vice President and Regional Manager for its broadcasting division, overseeing Nexstar television stations and digital operations in multiple markets across the country.
An experienced industry veteran, Ms. Rogers has long track-record of success and expertise in new business development, local news programming, and strategic planning across multiple media platforms.
Ms. Rogers has served as Vice President and General Manager of WKRN-TV (ABC), the Nexstar television station serving Nashville, Tennessee (DMA# 27), since May 2017.
“Nexstar Nation is comprised of a special group of people who have worked tirelessly to build the most respected media company in the country,” said Ms. Rogers.

Nexstar Television Station KHON2 in Honolulu Raises More Than $1.1 Million to Assist Hawaii Wildfire Relief Efforts

Retrieved on:

Thursday, August 24, 2023

The contributions were designated to the Hawaii Wildfires Relief Fund of the Hawaii Red Cross.

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The contributions were designated to the Hawaii Wildfires Relief Fund of the Hawaii Red Cross.
On Monday, August 14, KHON2 held a telethon with the Hawaii Red Cross, during Wake Up 2Day, Take2, and Living808.
The station also collected and aired celebrity messages to gain support for the Hawaii Red Cross.
The Hawaii Red Cross is working 24/7 to help the people of Maui, and we are so happy to support their efforts.

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

Retrieved on:

Wednesday, August 16, 2023

Excellence in Continuing Coverage/Large Market Television – WJZY-TV earned this award for its 18-month investigation into local government corruption.

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Excellence in Continuing Coverage/Large Market Television – WJZY-TV earned this award for its 18-month investigation into local government corruption.
Investigative reporter Jody Barr exposed lawmakers, judges, law enforcement officers and other public servants in Marlboro County, South Carolina.
In addition to the national honors, Nexstar’s news operations at 23 television stations earned 36 Regional Edward R. Murrow Awards earlier this year, including two awards for Overall Excellence.
These awards put a spotlight on our commitment to innovation in storytelling, journalism that can be trusted, exceptional public service and community involvement.”
The RTDNA has been recognizing outstanding achievements in electronic journalism with the Edward R. Murrow Awards since 1971.

Nexstar Media Group to Participate in Two September Investor Conferences

Retrieved on:

Monday, August 14, 2023

Publishing, Communications, Media, Entertainment, TV and Radio, Benchmark, Communication, Senior advisor, Nexstar, Bank of America, Media Group, Conference, NXST, Nexstar Media Group

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, Senior Advisor to the Chief Executive Officer and Board of Directors, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will participate in two institutional investor conferences in September:

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, Senior Advisor to the Chief Executive Officer and Board of Directors, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will participate in two institutional investor conferences in September:
The BofA Securities Media, Communications and Entertainment Conference on Wednesday, September 13.
Nexstar will host a fireside chat question-and-answer session at 3:40 p.m.
Please contact your BofA sales representative to register for the conference and to request a meeting with Nexstar management.
Please contact your Benchmark sales representative to register for the conference and to request a meeting with Nexstar management.

Nexstar Media Group Enters Into Multi-Year Employment Agreement Extension With Chief Communications Officer Gary Weitman

Retrieved on:

Thursday, August 10, 2023

Entertainment, Communications, Other Entertainment, TV and Radio, Other Communications, Media, The CW, Nexstar, Growth, Communication, Tribune Media, Employment, Media Group, Acquisition, Hill, NewsNation, NXST, Nexstar Media Group

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.
Mr. Weitman will continue reporting to Perry Sook, Nexstar’s Founder, Chairman and Chief Executive Officer.
“We are extremely pleased to be extending Gary’s employment agreement with Nexstar,” said Mr. Sook.
We are fortunate to have him at Nexstar and thrilled to be extending his employment agreement.”
Mr. Weitman joined Nexstar following its acquisition of Tribune Media Company and has been in the strategic communications field for nearly 30 years.

Nexstar Media Names Jon Camera as Senior Vice President of National Sales Division

Retrieved on:

Wednesday, August 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Jon Camera as Senior Vice President of its national advertising sales division, responsible for overseeing and guiding the efforts of the company’s newly created national sales team, with offices in markets across the country, including New York, Chicago, Los Angeles, Dallas, Atlanta, and Detroit.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Jon Camera as Senior Vice President of its national advertising sales division, responsible for overseeing and guiding the efforts of the company’s newly created national sales team, with offices in markets across the country, including New York, Chicago, Los Angeles, Dallas, Atlanta, and Detroit.
Camera will begin his new duties immediately and report to Todd Braverman, Executive Vice President and Head of National Sales.
“Jon is a great sales leader and the perfect fit for Nexstar’s newly created national sales team,” said Mr. Braverman.
Camera held a variety of leadership positions of increasing responsibility in media sales for such companies as CBS Television, NBC Television, and ABC Television.

Nexstar Media Group Reports Second Quarter Net Revenue of $1.24 Billion

Retrieved on:

Tuesday, August 8, 2023

Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group, Inc. commented, “Nexstar again outperformed consensus expectations in the second quarter across all key financial metrics including net revenue, Adjusted EBITDA and Attributable Free Cash Flow.

Key Points:

Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group, Inc. commented, “Nexstar again outperformed consensus expectations in the second quarter across all key financial metrics including net revenue, Adjusted EBITDA and Attributable Free Cash Flow.
− 67% of Nexstar’s second quarter net revenue was generated by distribution, digital and other revenue sources.
Second quarter political advertising revenue of approximately $9 million compared to $87 million in the prior year.
On a consolidated basis, second quarter Adjusted EBITDA was $331 million, representing a 26.7% margin, and second quarter attributable free cash flow was $100 million.

The CW Network Extends Contract of Dennis Miller as President

Retrieved on:

Monday, August 7, 2023

The CW Network today announced that it has extended the contract of Dennis Miller as President, which will now run through 2027.

Key Points:

The CW Network today announced that it has extended the contract of Dennis Miller as President, which will now run through 2027.
Mr. Miller joined the network as President in October 2022, following its acquisition by Nexstar Media Group, Inc. (NASDAQ: NXST).
By 2025, the network will be carrying more than 400 hours of sports programming over 48 weekends.
“Dennis has done an outstanding job since taking leadership of The CW,” said Perry Sook, Nexstar’s Chairman and Chief Executive Officer.