“Nexstar CEO Perry Sook said the company’s acquisition of the CW has already paid for itself in terms of adding muscle to the company’s distribution negotiations.” Click here to continue reading via Deadline.
“Amidst overall soaring political ad revenue, Nexstar Media Group’s core advertising suffered in the fourth quarter due to softness in the national TV market as well displacement of political advertising in the period.” Click here to continue reading via MediaPost.
“Local TV giant Nexstar reported a blockbuster fourth quarter, driven mostly by explosive growth in political advertising. That is especially clear when looking at the company’s core advertising revenue (which does not include political), which was down slightly year-over-year, consistent with the rest of the industry.” Click here to continue reading via The Hollywood Reporter.
Q4 Consolidated Net Revenue Drives Operating Income of $294.0 Million, Net Income of $178.1 Million, Consolidated Adjusted EBITDA of $598.2 Million and Attributable Free Cash Flow of $422.1 Million Excluding The CW Network, LLC Q4 Adjusted EBITDA of $661.8 Million and Free Cash Flow of $458.1 Million All-Time High Quarterly and Full Year Return of […]
IRVING, TX (February 27, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Morgan Stanley Technology, Media & Telecom Conference, including a fireside chat question-and-answer session on Tuesday, March 7, 2023 […]
Experienced News Executive Will Oversee Company’s National Digital News Programming IRVING, TX (February 24, 2023) – Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that Joe Ruffolo has been named to the newly created position of Senior Vice President and General Manager for The Hill and NewsNation […]
Apps Offer Personalized Line-up of News Highlights Drawn from Content on NewsNation and Nexstar Media Inc. Television Stations Chicago, Feb. 21, 2023—NewsNation, a Nexstar Media Group, Inc. (“Nexstar”) property and the nation’s fastest growing cable news network, today announced the launch of all-new NewsNation-branded connected-television apps on a variety of major platforms, including Roku, AppleTV, […]
Unscripted Series from VICE Media Group, Penske Entertainment & NTT INDYCAR SERIES to Chronicle Road to the Indianapolis 500 Mile Race Watch New “100 Days to Indy” Promo Here: https://youtu.be/nGeh5w0qtFo February 17, 2023 (Burbank, CA) — Let the countdown begin. Today, on the 100th day until the start of the world’s premier motorsports competition, the […]
Irving, TX and Greensboro, NC (February 14, 2023) – The Nexstar Media Charitable Foundation and WGHP-TV FOX8, the Nexstar Media Inc. television station serving Greensboro, NC, and the surrounding area, today announced that the Foundation will donate $5,000 to the United Way of Greater High Point (UWGHP). The donation will be used to help UWGHP’s […]
Groundbreaking Golf League to Air on CW Affiliates Across the U.S. and in Nexstar Stations in Key Markets Including Chicago, San Francisco, Philadelphia, Tampa and Hartford Global 14-Event Schedule Launches on February 24-26 at Mayakoba in Mexico With Exclusive Linear and Digital Rights on Saturdays and Sundays February 14, 2023 (Burbank, CA) — The CW […]