Press Releases_Financial

Nexstar Media And SportsGrid To Launch First-Ever Diginet for Sports Wagering and Fantasy Sports

“SportsGrid Network” to Offer 24 Hours of Daily Programming in Nine Nexstar Markets on September 1 IRVING, TX and NEW YORK, NY (August 25, 2021)—Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), the largest local media company in the United States, and SportsGrid Inc., a streaming video network that provides […]

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Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 Million

Nexstar Media Inc. acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar’s operating results. The Hill is the nation’s leading, independent, political digital media platform.

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Nexstar Media Group Reports Record Second Quarter Net Revenue of $1,131.6 Million

Net Revenue Drives 2Q Operating Income of $288.3 Million, Net Income of $199.8 Million, Adjusted EBITDA of $418.8 Million and Free Cash Flow of $181.2 Million Returned $167.7 Million to Shareholders in the Second Quarter in the Form of Share Repurchases and Dividends Raises Pro-Forma Average Annual Free Cash Flow Guidance for the 2021/2022 Cycle […]

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Nexstar Media Group To Report 2021 Second Quarter Financial Results, Host Conference Call and Webcast on August 4

IRVING, Texas (July 2, 2021) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2021 second quarter financial results before the market opens on Wednesday, August 4, 2021. The Company will host a conference call and webcast at 9:00 a.m. ET that morning to review the results. To access the […]

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Nexstar Variable Interest Entity, Mission Broadcasting, Closes New $300 Million Senior Secured Term Loan B Facility

Nexstar Media Group, Inc. (Nasdaq: NXST) announced that Mission Broadcasting, Inc. (“Mission”), a variable interest entity of wholly-owned subsidiary, Nexstar Broadcasting, Inc. (“Nexstar”), has closed on a new $300 million Term Loan B Facility.

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Nexstar Media Group Reports Record First Quarter Net Revenue of $1,113.9 Million

Net Revenue Drives 1Q Operating Income of $284.9 Million, Net Income of $199.2 Million, Adjusted EBITDA of $571.4 Million and Free Cash Flow of $483.5 Million Allocated $75 Million Toward Leverage Reduction, Repurchased $121 Million of Class A Common Shares and Returned $30.4 Million to Shareholders in Dividends in the First Quarter IRVING, Texas – […]

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