Nexstar Media Group

Nexstar Media Group Appoints Tony Wells to Board of Directors

Retrieved on: 
Wednesday, July 26, 2023
TV and Radio, Technology, Marketing, Advertising, Entertainment, Communications, Telecommunications, Apps, Applications, Software, Audio, Video, Media, USAA, Marine Corps Expeditionary Medal, Music, Software as a service, Media Group, CW, Wells, Business, Compensated emancipation, ADT, Yelp, The CW, Mother, Acquisition, NewsNation, NXST, National Board of Trial Advocacy, Schneider Electric, Sport, Mothers Against Drunk Driving, United States Naval Academy, Professional Football Compensation Committee, Our Lady of Good Counsel High School, NYSE, Nexstar Media Group, Association of National Advertisers, Security (finance), Nexstar, Verizon Communications

Nexstar Media Group, Inc. (NASDAQ: NXST) announced the appointment of Tony Wells, 59, to its Board of Directors effective today, July 26, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced the appointment of Tony Wells, 59, to its Board of Directors effective today, July 26, 2023.
  • As a result of the recent declassification of the Board, Mr. Wells, and all directors, will stand for election at the 2024 annual meeting of stockholders.
  • “We are delighted to welcome Tony to the Board,” said Perry Sook, Nexstar Media Group’s Founder, Chairman and Chief Executive Officer.
  • Additionally, Wells served on the Board of Directors of his alma mater, Our Lady of Good Counsel High School, and was a member of the National Board of Directors for Mothers Against Drunk Driving.

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

Retrieved on: 
Tuesday, July 25, 2023
Other Technology, Technology, Entertainment, Telecommunications, TV and Radio, Columbia University, News, Fox Entertainment Group, FOX, Fox Sports, Tribune Media, Sport, Employment, Media Group, FAST, Friends, Marketing, SVOD, Fox, The CW, Senior advisor, Fox News, Media, Media General, ATSC 3.0, Nexstar, Acquisition, NewsNation, NXST, Loyola Law School, Knowledge, Growth, ATSC, Nexstar Media Group, Television, Fox Corporation, Management, Film industry

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.

Nexstar and Hawaiian Telcom Reach Multi-year Distribution Agreement

Retrieved on: 
Friday, July 21, 2023
Technology, TV and Radio, Entertainment, Telecommunications, Telcom, Telecom, Rewind TV, Weather, Media Group, KHON2, Hawaiian Telcom, KHII-TV, NewsNation, KHON-TV, NXST, Nexstar Media Group, News, Television, Mobile phone

Nexstar Media Group, Inc. (NASDAQ: NXST) and Hawaiian Telcom today announced that they have reached a comprehensive multi-year distribution agreement covering Nexstar’s three local television stations serving Hawaii, national cable news network, NewsNation, and the company’s digital network, Rewind TV.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) and Hawaiian Telcom today announced that they have reached a comprehensive multi-year distribution agreement covering Nexstar’s three local television stations serving Hawaii, national cable news network, NewsNation, and the company’s digital network, Rewind TV.
  • The agreement means that thousands of Hawaiian Telecom subscribers will once again be able to enjoy Nexstar’s high-quality national and local content without interruption, including their favorite network entertainment programming, Women’s World Cup soccer matches, and the in-depth local news, weather and sports coverage provided by KHON-TV, KHON2 and KHII-TV.
  • Financial terms of the agreement we not disclosed.

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: 
Wednesday, July 19, 2023
Advertising, Entertainment, Communications, Social Media, TV and Radio, Online, Media, Media Group, Partnership, Senior, Marketing, Forestry, PSAS, CW 11, Public service announcement, Lead, WTRF-TV, History, CBS, DMA, Nexstar, NXST, KTVL, News, WTRF, Nexstar Media Group, Television, 1983 Oregon State vs. Oregon football game, Spectrum

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: 
Wednesday, July 19, 2023
Entertainment, General Entertainment, Virginia University, WOWK-TV, WVNS-TV, WCMH-TV, Media Group, Harrison County, Senior, Nexstar Media Group, West Virginia Mountaineers, WRIC-TV, Greater Richmond Region, The Salvation Army, NBC4, North Central West Virginia, Lead, WTRF-TV, Helen Bernstein Book Award for Excellence in Journalism, History, CBS, Optometry, NBC, DMA, Nexstar, Cava, Primary education, Acquisition, NXST, WCMH, WVRC Media, ABC, Growth, WVU, News, United Way, WBOY-TV, Television, Commerce, West Virginia University, PLLC, Journalism

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: 
Monday, July 17, 2023
TV and Radio, Media, Advertising, Communications, Online, General Entertainment, Mobile Entertainment, Entertainment, Network, Premiere Networks, Comcast, Executive, Tribune Media, Employment, IHeartMedia, Media Group, Ron Wilson (Clear Channel radio host), Tribune, Fox, The CW, Clear, CBS, Marketing, NBC, Discovery, Inc., Rewind TV, Nexstar, Acquisition, SNY, NewsNation, WGN (AM), ABC, WGN America, NBCUniversal, Growth, YES Network, Hill, Radio, Nexstar Media Group, Antenna TV, Television, Content, Distribution

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.

Nexstar Media Group to Report 2023 Second Quarter Results, Host Conference Call and Webcast on August 8

Retrieved on: 
Wednesday, July 5, 2023
Publishing, Communications, Media, Entertainment, TV and Radio, Webcast, Media Group, NXST, Nexstar Media Group

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 second quarter financial results on Tuesday, August 8, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 second quarter financial results on Tuesday, August 8, 2023.
  • The Company will host a conference call and webcast at 10:00 a.m.
  • To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13739608 (domestic and international callers).
  • Participants can also listen to a live webcast of the call through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at www.nexstar.tv .

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: 
Monday, July 3, 2023
Other Entertainment, TV and Radio, Entertainment, FOX, NFL, Football, CW, National Football League, DIRECTV, All-star game, Negotiation, U-verse TV, CBS, NBC, Nexstar, LIV Golf, NewsNation, Risk, Nexstar Media Group, Tornado, ABC, DirecTV Stream, MyNet, Sport, Weather, News, Communications satellite, Cable television, Television

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: 
Monday, July 3, 2023
DIRECTV STREAM, Xfinity, FOX, CW, FCC, White Knight Broadcasting, DIRECTV, DISH, Mission, Mission Broadcasting, CBS, NBC, Dish Network, Nexstar, Verizon Fios, NewsNation, ABC, Sport, Altice, News, Nexstar Media Group, Communications satellite, Television, Cable television

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 Media Group Announces Shareholder Approval to Declassify the Board of Directors

Retrieved on: 
Friday, June 16, 2023
Publishing, Communications, Media, Entertainment, TV and Radio, PwC, Policy, Media Group, NXST, Nexstar Media Group, Holding company, Management

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2023 Annual Shareholders’ Meeting yesterday shareholders voted to:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2023 Annual Shareholders’ Meeting yesterday shareholders voted to:
    amend the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) to (i) declassify the Company’s Board of Directors, (ii) provide the federal district courts as the sole and exclusive forum for the resolution of any Securities Act complaint unless the Company consents in writing to the selection of an alternative forum, (iii) provide exculpation of certain Company officers from liability in specific circumstances, and (iv) eliminate certain provisions that are no longer effective or applicable,
    elect all nominees up for election to Nexstar’s Board of Directors,
    ratify PricewaterhouseCoopers LLP as Nexstar’s registered public accounting firm for the fiscal year ending December 31, 2023,
    affirm the executive compensation of the Company’s named executive officers,
    select every year as the frequency of advisory voting of executive compensation, and
    reject a stockholder proposal to adopt a policy to require the Chair of the Board be an independent director who has not previously served as an Executive Officer of the Company.