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.
KTBS-TV, KSLA, KMSS-TV, KTAL-TV, KPXJ, and KSHV-TV have launched NextGen TV broadcasting in Shreveport, leveraging ATSC 3.0 technology. This advancement offers enhanced features including improved emergency alerts, stunning visuals, and superior audio quality for viewers. Alongside local programming, the stations will maintain existing DTV formats. The rollout reflects over a decade of development and aims to enhance viewer experience, with services already operational in 50 cities nationwide.
Nexstar Media Group, Inc. (NASDAQ: NXST) has successfully closed a new five-year term loan A facility worth
Nexstar Media Group (NASDAQ: NXST) and altafiber have signed a multi-year distribution agreement for WDTN-TV in Dayton, Ohio, and NewsNation. The deal enhances NewsNation's reach, adding subscribers in the Cincinnati and Dayton markets, increasing its national footprint to approximately 75 million households. Financial terms were not disclosed. Nexstar operates a leading broadcasting group, reaching 212 million people with its extensive media portfolio, including digital assets like The Hill and BestReviews.
NewsNation, a cable network owned by Nexstar Media Inc., will launch a new one-hour morning news program called “Early Morning” on June 27 at 6 a.m. ET. Hosted by Mitch Carr, the program will enhance NewsNation's live news offerings to 86 hours weekly, more than double its initial programming since its launch in September 2020. James Holm will act as executive producer. This expansion reflects NewsNation's strategy to establish itself as a comprehensive 24/7 news network catering to a diverse audience.
Nexstar Media Group (NASDAQ: NXST) announced that during its 2022 Annual Shareholders' Meeting, shareholders approved all proposals put forth by the Board of Directors. Key among these was the elimination of Class B and Class C Common Stock, with only Class A shares remaining outstanding, totaling approximately 40.4 million shares as of April 25, 2022. Around 92% of outstanding shares were represented at the meeting. Detailed voting results will be submitted to the SEC.
Fresno-Visalia Television Stations have implemented NEXTGEN TV technology, revolutionizing the broadcast landscape. Stations like KGPE (CBS), KMPH-TV (FOX), KSEE (NBC), KNSO (Telemundo), and KFRE-TV (CW) aim to enhance viewer experience with vivid color, sharper images, and superior audio quality. NEXTGEN TV supports advanced features such as improved emergency alerts and real-time internet content integration. Powered by ATSC 3.0, this upgrade follows extensive planning and aims to broaden reach across over 45 US cities, improving TV-viewing quality for all audiences.
The television stations WLOS, WSPA-TV, WHNS, WYFF, and WMYA-TV have launched NextGen TV broadcasting technology in the Greenville-Spartanburg-Asheville market, enhancing viewer experience with improved video quality and sound. Powered by ATSC 3.0, NextGen TV offers features like advanced emergency alerts and the potential for real-time Internet content integration. This upgrade follows a decade of development and is part of a nationwide rollout with service already available in over 45 cities. Viewers in Greenville can learn more at www.WatchNextGenTV.com.
Nexstar Media Group (NASDAQ: NXST) announced participation in the Credit Suisse 24th Annual Communications Conference on June 15, 2022, at 1:45 p.m. ET. President Tom Carter and CFO Lee Ann Gliha will engage in a fireside chat during the event. Interested parties can access a live webcast and replay via the 'Events and Presentations' section on Nexstar's Investor Relations page. Nexstar Media Group is a leading diversified media company, owning 200 local television stations and offering a variety of news and entertainment content.
Nexstar Media Inc. has appointed three seasoned broadcast leaders to manage its operations in Salt Lake City, Buffalo, Green Bay, and Marquette. Mark Danielson, Joe Abouzeid, and Judson Beck bring over 90 years of combined experience to their roles. Danielson will lead media operations in Salt Lake City starting June 27, Abouzeid in Buffalo from June 13, and Beck in Green Bay and Marquette from May 31. Their track record includes significant revenue growth and innovation in local news programming, showcasing their commitment to enhancing community ties and advertising solutions.
Nexstar Media Inc. is enhancing its local news coverage in Washington, D.C., by merging
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