Nexstar

Nexstar Media Releases Statement on FCC Ruling Regarding Its Relationship With WPIX-TV

Retrieved on: 
Thursday, March 21, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST), today released the following statement from its Chairman and Chief Executive Officer, Perry Sook, about the FCC’s action regarding the Company’s relationship with WPIX-TV in New York City:

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST), today released the following statement from its Chairman and Chief Executive Officer, Perry Sook, about the FCC’s action regarding the Company’s relationship with WPIX-TV in New York City:
    “We are extremely disappointed in today’s action by the Federal Communication Commission regarding our relationship with WPIX-TV and we intend to dispute it vigorously.
  • We believe the FCC has been misled by the often distracting noise in the media ecosphere and that it has completely misjudged the facts.
  • The facts are that Nexstar has always complied with FCC regulations and that its relationship with WPIX-TV under a Local Marketing Agreement (LMA) was approved by the FCC in 2020, when WPIX-TV was purchased by Mission Broadcasting, Inc. Nexstar believes that joint operating, shared service, and local marketing agreements like those in which it is engaged are vitally important to maintain a competitive media marketplace and to enable broadcasters to continue investing in local news, investigative journalism, and other services that they uniquely provide to the communities in which they are located.”

Gray Television Partners with Leading Broadcasters to Bring Cleveland Cavaliers Games Back to Free Over-The-Air Television Across Ohio

Retrieved on: 
Friday, March 1, 2024

“We are excited to share that in addition to airing these five games on Gray’s WUAB in Cleveland and WXIX in Cincinnati, Gray has partnered with local television broadcasters to expand the coverage of Cavaliers basketball throughout the region.

Key Points: 
  • “We are excited to share that in addition to airing these five games on Gray’s WUAB in Cleveland and WXIX in Cincinnati, Gray has partnered with local television broadcasters to expand the coverage of Cavaliers basketball throughout the region.
  • This is a significant victory for the Cavaliers and sports fans throughout the region,” said Matt Moran, Senior Managing Vice President for Gray Television.
  • Serena Winters and Cayleigh Griffin will remain as sideline reporter and co-host of Cavaliers Live, respectively.
  • More information about these games and how to access the games in your market can be found on cavs.com/broadcast and cleveland19.com/free.

Nexstar Media Names Chris Pruitt as Vice President and General Manager of Its Springfield, Missouri Broadcast and Digital Operations

Retrieved on: 
Monday, February 19, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named Chris Pruitt as Vice President and General Manager of its broadcast and digital operations in Springfield, Missouri (DMA #73), responsible for the long range planning and day-to-day operations of KRBK-TV (FOX), KOZL-TV (MyNet), Ozarksfirst.com, and their related digital and social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named Chris Pruitt as Vice President and General Manager of its broadcast and digital operations in Springfield, Missouri (DMA #73), responsible for the long range planning and day-to-day operations of KRBK-TV (FOX), KOZL-TV (MyNet), Ozarksfirst.com, and their related digital and social media channels.
  • In his new role, he will also oversee Nexstar’s operational agreements with Mission Broadcasting, Inc., to provide services for KOLR-TV (CBS).
  • Mr. Pruitt will assume his new responsibilities immediately and report to Mike Vaughn, Senior Vice President and Regional Manager for Nexstar’s broadcasting division.
  • I am just as happy to be joining our broadcast and digital teams in Springfield, and look forward to forging a deep relationship with the community.

Innovid Reports Q4 and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

"We're very proud to close out a transformational year at Innovid and exit 2023 with solid business momentum.

Key Points: 
  • "We're very proud to close out a transformational year at Innovid and exit 2023 with solid business momentum.
  • The Company will host a conference call and webcast to discuss fourth quarter and full year 2023 financial results today at 8:30 a.m. Eastern Time.
  • Innovid also discloses and discusses non-GAAP financial measures such as Adjusted EBITDA,  Adjusted EBITDA margin percent and Free Cash Flow.
  • These forward-looking statements include, without limitation, the Company's expectations regarding its future financial results, expected growth and future market opportunity.

Nexstar Media Group to Participate in Upcoming Investor Conferences

Retrieved on: 
Thursday, February 15, 2024

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in March:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in March:
    Location: The Palace Hotel - San Francisco, CA
    Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
    Location: The Breakers - West Palm Beach, FL
    Speakers: Michael Biard, President and COO / Lee Ann Gliha, EVP and CFO
    Please contact your Morgan Stanley and Deutsche Bank sales representative to register for the conferences and to request meetings with Nexstar management.

Nexstar Media Appoints Stacey Lynn Schulman as Executive Vice President, Platform Marketing and Intelligence

Retrieved on: 
Tuesday, February 13, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Stacey Lynn Schulman as Executive Vice President, Platform Marketing and Intelligence, effective immediately.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Stacey Lynn Schulman as Executive Vice President, Platform Marketing and Intelligence, effective immediately.
  • Ms. Schulman will lead Nexstar Advertising’s integrated marketing efforts and oversee the sales intelligence business unit.
  • She will report to Michael Strober, Nexstar’s Executive Vice President and Chief Revenue Officer, and be based in New York City.
  • Commenting on her appointment, Ms. Schulman said, “Nexstar has built an incredible portfolio of local, national, and digital assets.

Nexstar Media Group Board Adopts Policy Regarding the Roles of Chairperson of the Board of Directors and Chief Executive Officer

Retrieved on: 
Monday, February 5, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors has adopted a policy regarding the roles of Chairperson of the Board of Directors and Chief Executive Officer.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors has adopted a policy regarding the roles of Chairperson of the Board of Directors and Chief Executive Officer.
  • Under the policy, the roles of Chairperson of the Board of Directors and Chief Executive Officer of the Company may not be held by the same individual.
  • The new policy will take effect only after Nexstar’s Founder, Chairman, and Chief Executive Officer Perry Sook leaves the Company and the Board.
  • Mr. Sook founded Nexstar Media Group, Inc., in 1996, and has served as Chief Executive Officer since that time.

NIELSEN AND NEXSTAR ANNOUNCE COMPREHENSIVE AGREEMENT FOR LOCAL & NATIONAL TV MEASUREMENT SERVICES

Retrieved on: 
Wednesday, January 31, 2024

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Nielsen, a global leader in audience measurement, data and analytics, today announced a multi-year extension of an agreement with Nexstar Media Group, Inc.(NASDAQ: NXST), to provide Local and National TV measurement services across Nexstar's media businesses, including The CW Network, NewsNation, Antenna TV, and 200 owned or partner television stations in 116 local markets across the country. Under the terms of the agreement, Nielsen will continue to be a preferred Nexstar provider of currency-grade TV audience data.

Key Points: 
  • Under the terms of the agreement, Nielsen will continue to be a preferred Nexstar provider of currency-grade TV audience data.
  • Nexstar will continue to leverage a comprehensive suite of Nielsen's Local, National & Digital solutions including Over the Top (OTT) measurement, cross-media measurement via Nielsen ONE Ads, Digital Content Ratings (DCR), Digital in TV Ratings (DTVR), Scarborough, Rhiza and Grabix - which all provide important audience insights.
  • Nielsen is continuously working to evolve its measurement services to provide a comprehensive view of the fragmented viewing landscape.
  • In reaching this agreement, Nexstar, as well as all Nielsen customers, have access to Nielsen's Big Data + Panel measurement approach.

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

Retrieved on: 
Monday, January 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.

EX.CO AND LOCAL MEDIA CONSORTIUM ENTER MULTI-YEAR AGREEMENT TO POWER VIDEO TECHNOLOGY FOR LOCAL PUBLISHERS

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- EX.CO, the world's leading publisher video technology platform empowering publishers to own their video content and monetization strategies, today announced it has been selected as a preferred video technology partner for the Local Media Consortium (LMC), an organization focused on providing strategic partnerships for more than 5,000 local media outlets across the U.S., Canada and Puerto Rico to deliver economic value. The multi-year agreement was signed after an 18-month vetting process by the LMC.

Key Points: 
  • The multi-year agreement was signed after an 18-month vetting process by the LMC.
  • EX.CO is currently the leading video technology platform chosen by many local, national, and global news publishers and media groups thanks to its AI-driven yield engine, machine-learning-based contextual recommendations, and a premium marketplace that give publishers access to high-quality video for 100% of their digital pages.
  • "The LMC is committed to providing local media companies with the opportunity to access innovative and forward-thinking platforms," said Local Media Consortium CEO Fran Wills.
  • For more information about EX.CO and how the platform is helping publishers grow, please visit www.ex.co .