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) announced details for the "Lone Star NYE: Countdown to 2023" program, airing on Dec. 31, 2022. Hosted by NBC 5’s Katy Blakey and KARK’s D.J. Williams, the event includes a live fireworks show from Reunion Tower. The program features Texas country singer Casey Donahew, celebrating his recent achievements. The broadcast will reach 24 markets across Texas and neighboring states, showcasing local talent and community traditions. This event exemplifies Nexstar’s commitment to local programming and viewer engagement.
WICS, WICD, WCIA, WRSP-TV, WCCU, WAND, WBUI, and WCIX have launched NextGen TV broadcasting technology in the Champaign & Springfield-Decatur market. This cutting-edge digital broadcast system enhances viewer experience with superior video and audio quality, including brighter colors and clearer dialogue. Powered by ATSC 3.0, it allows broadcasters to deliver advanced features and emergency alerts. The transition follows a decade of development and aims to elevate local broadcasting across the region, benefiting viewers with innovative content delivery.
WABM, WDBB, WIAT, WBRC, WVTM-TV, WTTO, and WSES have launched NextGen TV broadcasting in Birmingham, Alabama, marking a significant upgrade in digital technology. This new system enhances viewer experience with advanced emergency alerts, improved audio, and stunning visuals. Utilizing ATSC 3.0, it offers features such as Voice+ dialogue enhancement and internet integration for live events. The rollout follows extensive planning and is part of a nationwide expansion already present in over 50 cities. Viewers are encouraged to rescan their TVs to access this upgraded service.
Nexstar Media Group has appointed Michael Strober as Executive Vice President and Chief Revenue Officer, effective January 2, 2023. Strober will lead the transformation of Nexstar's advertising sales strategy across its diverse media platforms, aiming for enhanced revenue growth. With over 25 years of experience in advertising and business transformation, he is expected to innovate Nexstar's approach to advertising solutions. The company’s extensive portfolio includes nearly 300,000 hours of original content broadcasted through its numerous television and digital assets.
The Hill reports record engagement during the recent midterm elections, with nearly 30 million page views and over 3 million hours spent on their site on Election Day. This surpasses prior midterm cycles, indicating strong reader interest in non-partisan political news. Post-election traffic has nearly doubled from the previous month. The Hill's new streaming service, The Hill TV, provided essential coverage and insights. As part of Nexstar Media Group (NXST), The Hill continues to be a critical resource for policymakers and the public.
Nexstar Media Group, Inc. (NASDAQ: NXST) will participate in the Stephens Investment Conference, featuring a fireside chat with Tom Carter, President, and Lee Ann Gliha, CFO, on November 16, 2022, at 10:00 a.m. CT. A live webcast and replay of the session will be available on Nexstar’s website. As a leading media company, Nexstar reaches 212 million people across 116 U.S. markets with nearly 300,000 hours of original content annually.
Nexstar Media Group announces the launch of NEXTGEN TV, a state-of-the-art digital broadcast technology, in the Honolulu market. This upgrade includes prominent stations such as KITV, KGMB, and KHON-TV, enhancing viewer experience with improved video quality and advanced emergency alerts. Powered by ATSC 3.0, NEXTGEN TV features vibrant visuals and immersive sound. The initiative follows a decade of development, aiming to revolutionize local broadcasting. Consumers are advised to look for the NEXTGEN TV logo for compatibility.
The CW Network has appointed Brad Schwartz as President of CW Entertainment, effective November 7, 2022. Schwartz will manage programming strategy, creative development, and daily operations. He previously led the successful rebranding of the TV Guide Network to Pop TV, where he achieved significant audience growth and multiple Emmy wins for Schitt’s Creek. Schwartz has over 20 years of experience in media leadership, including roles at Fuse and in Canadian networks. He aims to further develop The CW's brand under the ownership of Nexstar Media Group.
The CW Network announced the appointment of Beth Feldman as Senior Vice President of Network Communication, effective immediately. She succeeds Paul Hewitt, who departs after 22 years. Feldman brings nearly three decades of experience in media campaigns, previously working at CBS and Beyond PR Group. In her new role, she will oversee internal and external communications and promotional strategies. Feldman will also maintain her position at Nexstar Media as Executive Director of Communication for the Networks Division. Hewitt expressed gratitude for his long tenure.
Nexstar Media Group has appointed Rebekah Dopp as Executive Vice President of Distribution, Strategy, and Affiliate Relations for The CW Network. With an extensive background in linear and digital media, including her role at Google, Ms. Dopp will oversee distribution and affiliate relations, reporting to Dana Zimmer and Dennis Miller. This leadership change is anticipated to enhance programming discussions and strengthen partnerships moving forward. Ms. Dopp holds a Bachelor of Business Administration from The College of William & Mary.