Nexstar Media Group

Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1,377 Million

Net Revenue Drives Record 4Q Operating Income of $530.5 Million, Net Income of $362.9 Million Adjusted EBITDA of $657.1 Million and Free Cash Flow of $443.2 Million Allocated $224.3 Million Toward Leverage Reduction and Repurchased $84.3 Million of Class A Common Shares Initiates Pro-Forma Average Annual Free Cash Flow Guidance for the 2021/2022 Cycle of […]

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Nexstar Inc. Promotes KRON-TV’s Chris McDonnell to Vice President and General Manager of its New York City Operations

Nexstar Inc. announced that Chris McDonnell has been promoted to Vice President and General Manager of its New York City operations, overseeing WPIX-TV (CW) and PIX11.com under the terms of a local programming and marketing agreement between Nexstar and WPIX’s owner, Mission Broadcasting, Inc. 

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Nexstar Media Group Digital Network Delivers Record Use and Growth in 2020

Nexstar Media Group, Inc. announced that its digital network delivered record growth in 2020, ranking #1 in local news for every month of the year and reaching all-time highs across key performance indicators (KPIs) including average monthly users, total pageviews, total multiplatform minutes and total digital video views, according to Comscore

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Nexstar Media’s Cable Network, WGN America, Names Mike Viqueira Washington, D.C., Bureau Chief

Veteran News Executive to Lead Newly Created Washington, D.C., Bureau CHICAGO, IL and IRVING, TX (January 28, 2021) – WGN America, Nexstar Media Group, Inc.’s wholly-owned cable network currently reaching 75 million U.S. television households, today announced that Mike Viqueira has joined the network as Washington, D.C., Bureau Chief, overseeing the content provided for NewsNation, […]

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Nexstar Media Group Increases Quarterly Cash Dividend by 25 Percent and Announces $1.0 Billion Share Repurchase Authorization

Nexstar Media Group, Inc. announced that its Board of Directors approved a 25 percent increase in the quarterly cash dividend to $0.70 per share. The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.0 billion of its Class A common stock.

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Nexstar Media’s Cable Network, WGN America, to Rebrand as NewsNation and Expand News Programming to Five Hours on Weeknights Beginning March 1

WGN America, Nexstar Media Group, Inc.’s wholly-owned cable network reaching 75 million U.S. television households, will rebrand as NewsNation and expand its news programming to five hours on weeknights beginning March 1, with the launch of two new shows: “NewsNation Early Edition” and “The Donlon Report.”

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Nexstar Media Group and Feeding America® Announce Partnership Valued at $2 Million to Combat Hunger and Food Insecurity

Nexstar Media Group, Inc. and Feeding America® announce a comprehensive multi-year partnership to fight hunger and food insecurity across the United States. Nexstar has committed to donating $2 million in television air-time and financial support to the organization over the next three years..

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Nexstar Media’s Cable Network, WGN America, Names Jonathan Killian Vice President, Creative Marketing and Brand Communications

Seasoned Marketing Executive Joins Network to Lead Creative and Brand Strategy CHICAGO, IL and IRVING, TX (January 19, 2021) – WGN America, Nexstar Media Group, Inc.’s wholly-owned cable network currently reaching 75 million U.S. television households, today announced that Jonathan Killian will join the network as Vice President, Creative Marketing and Brand Communications. Mr. Killian […]

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