Welcome to our dedicated page for Nexstar Media Group news (Ticker: NXST), a resource for investors and traders seeking the latest updates and insights on Nexstar Media Group stock.
Nexstar Media Group Inc (NXST), America's largest local television station operator, maintains this dedicated news hub for investors and media professionals. Track official press releases, financial disclosures, and strategic developments from the broadcast leader serving communities nationwide.
This resource consolidates essential updates including quarterly earnings reports, content partnership announcements, leadership changes, and regulatory filings. Investors gain direct access to primary documents while analysts find centralized data for market evaluations.
All content undergoes verification to ensure accuracy and relevance for financial decision-making. The curated format enables quick scanning of operational milestones and industry positioning updates without speculative commentary.
Bookmark this page for streamlined tracking of Nexstar's local media innovations, advertising partnerships, and digital expansion initiatives. Combine with SEC filings and market analysis tools for comprehensive due diligence.
DLT Entertainment has secured new distribution deals with The CW and TCLtv+ for its '80s Sitcom Flashback FAST Channel. The channel, which launched in May 2024, features classic sitcoms including "Three's Company," "Three's A Crowd," "The Ropers," "Too Close For Comfort," and "Check It Out!" The expansion nearly doubles the channel's distribution platforms since launch.
The CW, which is 75% owned by Nexstar Media Group (NXST), reaches 100% of US television households through its app with over 100 million downloads. TCLtv+ is TCL Electronics' ad-supported streaming service offering entertainment content in North America. Amagi will continue managing the channel's distribution, while 47 Samurai and Amagi will handle advertising sales solutions.
["-"]Nexstar Media Group (NASDAQ: NXST) has announced a quarterly cash dividend of $1.86 per share of common stock. The dividend will be paid on June 2, 2025, to shareholders of record as of May 19, 2025. The company has expressed its intention to continue paying regular quarterly dividends, though future payments will be subject to quarterly review and Board approval.
Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in two upcoming investor conferences. At the JPMorgan Technology, Media and Communications Conference in Boston on May 14, 2025, Chairman and CEO Perry A. Sook and EVP/CFO Lee Ann Gliha will host a fireside chat at 10:40 a.m. ET. Subsequently, at the Gabelli 2025 Media & Entertainment Symposium in New York on June 5, 2025, President/COO Michael Biard and EVP/CFO Lee Ann Gliha will present at 10:45 a.m. ET. Both presentations will be available via live webcast and replay on Nexstar's website.
Lifelines of Hope, an hour-long television special airing on May 1st, 2025 at 9:00pm, showcases remarkable acts of bravery and community spirit. The program, hosted by Dean Cain, Laura McKenzie, Elizabeth Stanton, and Montel Williams, features inspiring stories of everyday heroes and celebrity involvement.
The special highlights various heroic acts, including:
- A food delivery driver rescuing four children from a burning house
- A passerby jumping off a bridge to save a drowning infant
- A neighbor protecting a six-year-old from a wild dog
- A fireman saving a woman from raging flames in Malibu
Celebrity participants include Samuel L. Jackson, Jennifer Garner, Billie Eilish, Dolly Parton, and others sharing their experiences in supporting communities during crises. The program also features Toys for Tots' efforts in helping families affected by California wildfires and Hurricane Helene.
Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.
Interested participants can join via phone using the following numbers: +1 877-407-9208 (domestic) or +1 201-493-6784 (international) with conference ID 13752833. A live webcast will be available through the 'Events and Presentations' section on Nexstar's website, with a replay accessible for 90 days following the event.
The AVP (America's professional beach volleyball league) has announced major broadcast partnerships with CBS Sports and The CW Network for the 2025 season. CBS Television Network will air the AVP League Championship live on August 31st, 2025 (2:00-4:00pm ET), while CBS Sports Network will broadcast additional matches throughout the season.
The CW Network will feature live matches on Saturday nights from Memorial Day through Labor Day (8:00-10:00pm ET). The league consists of eight city-based teams: LA Launch, San Diego Smash, New York Nitro, Brooklyn Blaze, Miami Mayhem, Palm Beach Passion, Dallas Dream, and Austin Aces.
The broadcast schedule spans from May 23rd to August 31st, 2025, covering multiple venues across the country, including the Manhattan Beach Open Finals and the League Championship Weekend in Chicago.
Nexstar Media Group (NASDAQ: NXST) reported record Q4 2024 net revenue of $1.49 billion, up 14.1% year-over-year, driven by strong political advertising and distribution revenue growth. The company achieved Q4 net income of $229 million with a 15.4% margin and Adjusted EBITDA of $628 million.
Key highlights include:
- Record annual revenue of $5.41 billion in 2024
- Returned $820 million to shareholders (68% of Adjusted Free Cash Flow)
- Reduced debt by $327 million, achieving 2.91x net leverage
- Q4 distribution revenue reached $714 million, up 1.4%
- Political advertising revenue increased by $223 million to $254 million
The company provided 2025 Adjusted EBITDA guidance of $1.5-1.595 billion and announced plans to renew distribution contracts representing approximately 60% of its subscriber base.
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