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. (NASDAQ: NXST) is a diversified media company active in television broadcasting and digital news, and it generates a steady flow of corporate, programming, and regulatory news. As America’s largest local television broadcasting group, Nexstar frequently reports on developments affecting its more than 200 owned or partner stations in 116 U.S. markets, as well as its national properties such as The CW, NewsNation, Antenna TV and Rewind TV.
News about Nexstar often includes quarterly and annual financial results, with the company issuing earnings press releases and hosting conference calls and webcasts to discuss performance, cash flows, and non-GAAP metrics like Adjusted EBITDA and Adjusted Free Cash Flow. Investors also see regular announcements about dividends, capital allocation decisions, and financing activities, such as refinancings of credit facilities and term loans disclosed in Form 8-K filings.
Nexstar’s news flow also covers strategic transactions and regulatory milestones. A key recent theme is the company’s Agreement and Plan of Merger with TEGNA Inc., including updates on antitrust and Federal Communications Commission reviews and expectations around the transaction’s timing, all detailed in SEC filings and press releases.
From a content perspective, Nexstar issues updates on programming and partnerships, including expansions of sports coverage on The CW, content collaborations like the gaming-focused vodcast series with Xsolla on NewsNation, and programming decisions involving its network-affiliated stations. The company also highlights recognition for its journalism, such as awards for NewsNation and local stations.
This news page aggregates these types of updates so readers can follow Nexstar’s financial reporting, corporate actions, programming initiatives, and regulatory disclosures in one place. For investors, media observers, and viewers interested in the evolution of local and national television and digital news, the NXST news feed provides an organized view of the company’s ongoing developments.
Nexstar Media Group (NASDAQ: NXST) reported Q4 2025 net revenue of $1.29 billion, down 13.4% year-over-year, and a Q4 net loss of ($170 million). Adjusted EBITDA was $433 million (down 31.1%). The company provided standalone 2026 adjusted EBITDA guidance of $1.95–$2.05 billion and reported consolidated debt of $6.33 billion.
Highlights include reduced 2025 CW losses (down 32%), $351 million returned to shareholders, $185 million total debt repaid in 2025, and ongoing progress on the proposed $6.2 billion acquisition of TEGNA, subject to regulatory approvals.
Nexstar Media Group (NASDAQ: NXST) announced executive management will participate in two institutional investor conferences in March 2026: Morgan Stanley Technology, Media & Telecom Conference on March 4 and Deutsche Bank 34th Annual Media, Internet & Telecom Conference on March 9.
Perry A. Sook, Chairman and CEO, and Lee Ann Gliha, EVP and CFO, will present in fireside chats; a live webcast and replay will be available in the company’s Events and Presentations investor relations section.
Nexstar Media Group (NASDAQ: NXST) declared a quarterly cash dividend of $1.86 per share, payable February 27, 2026, to shareholders of record February 13, 2026. The Board maintained the current dividend rate pending the accretive acquisition of TEGNA and said excess cash will finance the deal and/or repay debt.
The company reported an annualized dividend yield of 3.59% based on the January 29, 2026 close, placing it in the 78th percentile of S&P 400 dividend payers. Dividends will be reviewed quarterly and declared at the Board's discretion.
Nexstar Media Group (NASDAQ: NXST) will report its 2025 fourth quarter financial results on Thursday, February 26, 2026. The company will host a conference call and live webcast at 10:00 a.m. ET to review results. Domestic callers may dial 1-877-407-9208 and international callers 1-201-493-6784 using conference ID 13757850. A live webcast will be available in the Events and Presentations section of Nexstar's Investor Relations site at nexstar.tv, and a replay will remain available for 90 days after the event. Callers are asked to call five minutes early; webcast listeners should allow 15 minutes to register and install any required software.
Nexstar (Nasdaq: NXST) and TEGNA have filed applications with the Federal Communications Commission on November 18, 2025 seeking consent to transfer TEGNA's broadcast licenses to Nexstar in connection with Nexstar's pending acquisition of TEGNA.
The filings request waivers of certain television ownership rules, arguing that waivers and regulatory change would serve the public interest and enable Nexstar to expand local news reach. The company cites producing more than 300,000 hours of local news and programming as part of its public-interest case and frames the transaction as necessary to achieve scale against large digital and legacy competitors.
Nexstar Media Group (NASDAQ: NXST) reported Q3 2025 net revenue of $1.20B, down 12.3% year-over-year, producing net income of $65M and adjusted EBITDA of $358M. Adjusted free cash flow was $166M and net cash from operations was $117M.
The company entered into a definitive agreement to acquire TEGNA for $6.2B, expected to be accretive to standalone adjusted free cash flow and anticipated to close by H2 2026, subject to regulatory approvals. First-lien net leverage was 1.73x and total net leverage 3.09x as of September 30, 2025.
Nexstar Media Group (NASDAQ: NXST) said executive management will participate in three investor conferences in November and December 2025. Key events:
- Wells Fargo TMT Summit — Terranea Resort, Rancho Palos Verdes, CA; Nov 18, 2025; Fireside chat at 12:45 p.m. PT with Perry A. Sook and Lee Ann Gliha.
- BofA 2025 Leveraged Finance Conference — The Boca Raton, Boca Raton, FL; Dec 3, 2025; meeting participation by Michael Biard and Lee Ann Gliha.
- UBS Global Media and Communications Conference — 11 Madison Ave, New York, NY; Dec 8, 2025; Fireside chat at 3:00 p.m. ET with Perry A. Sook and Lee Ann Gliha.
A live webcast and replay for the Wells Fargo and UBS fireside chats will be available in the company’s Investor Relations "Events and Presentations" section; register via Wells Fargo, BofA or UBS sales representatives for conference meetings.
Nexstar Media Group (Nasdaq: NXST) announced that its Board extended the employment agreement of Chairman and CEO Perry A. Sook through March 31, 2029. Mr. Sook, the company’s third-largest shareholder and Nexstar founder, has led the business since 1996 and overseen the completion and integration of more than 40 acquisitions. The Board highlighted his role in driving Nexstar’s growth into America’s largest local broadcasting group and cited his experience as central to delivering value from the proposed acquisition of TEGNA. Executives expressed confidence that Sook will continue to pursue strategic M&A and shareholder value creation during the extended term.
Nexstar Media Group (NASDAQ: NXST) declared a quarterly cash dividend of $1.86 per share. The dividend is payable on Wednesday, November 26, 2025 to shareholders of record on Wednesday, November 12, 2025. The company said it intends to pay regular quarterly dividends for the foreseeable future but noted that all subsequent dividends will be reviewed quarterly and declared at the Board's discretion.
Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 third quarter financial results announcement for Thursday, November 6, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.
Participants can join via phone using the dial-in numbers 1-877-407-9208 (domestic) or 1-201-493-6784 (international) with conference ID 13755787. Alternatively, interested parties can access the live webcast through Nexstar's website at nexstar.tv. A replay will be available on the website for 90 days following the event.