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, Inc. (NASDAQ: NXST) announced a significant 29% increase in its quarterly cash dividend, raising it to
Green Bay's television stations, including WBAY-TV, WFRV-TV, WLUK-TV, WGBA-TV, and WCWF, have launched NextGen TV, leveraging ATSC 3.0 technology. This upgrade enhances broadcast quality with stunning visuals and improved audio features, such as Voice+ dialogue enhancement. The service, already live in over 40 cities, provides better emergency alerts and integrates internet content for real-time updates during live events. Viewers can continue using existing DTV formats or rescan their devices for uninterrupted service.
Nexstar Media Inc., a subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), has announced the promotion of Shaun Newell and Joe McGuire to Vice President and General Manager roles, overseeing broadcast operations in Peoria, IL and Columbus, GA, effective immediately. Both possess over 30 years of broadcast leadership experience, with a proven track record of enhancing local content and viewer engagement. These promotions reinforce Nexstar's commitment to internal talent development and operational excellence in the competitive media landscape.
Nexstar Media Group and ViacomCBS announced a multi-year renewal of CBS affiliations covering 39 markets, reaching 14% of U.S. audiences and 17.4 million households. The agreement completes all CBS and Nexstar affiliation renewals following three completed last year. Subscribers will continue accessing CBS content on Paramount+ and vMVPD platforms. Financial terms remain undisclosed. The partnership is expected to enhance local news and programming offerings, benefiting viewers and advertisers alike.
ViacomCBS (NASDAQ: VIAC, VIACA) and Nexstar Media Group (NASDAQ: NXST) have renewed CBS Television Network affiliations in 39 markets, reaching 14% of the U.S. audience with 17.4 million households. This agreement completes all previous affiliation renewals. Nexstar's CBS affiliates will continue to be available on Paramount+ and vMVPD platforms. Leaders from both companies emphasized the value of their partnership and the strength of CBS’s programming, including news and sports.
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Nexstar Media Group (NASDAQ: NXST) has released a new investor presentation available on its website, emphasizing its commitment to enhancing value through localism in media. The company operates 199 television stations, serving about 39% of U.S. television households, and runs 120 local websites and 284 mobile apps. Its divisions include Broadcasting, Digital, and Networks, providing diverse media services to consumers and advertisers. Nexstar also holds a 31.3% stake in the TV Food Network, broadening its media reach.
Nexstar Media Group (NASDAQ: NXST) will release its fourth quarter financial results for 2021 on February 22, 2022. A conference call is scheduled for 10:00 a.m. ET where the results will be discussed. Interested parties can join by calling 929-477-0324, conference ID 5317328, or listen via a live webcast on Nexstar’s website. The webcast replay will be available for 90 days post-event. The company operates 199 television stations and offers diverse media services across broadcasting, digital, and networks.
Nexstar Media Group (NASDAQ: NXST) has commenced broadcasting with NEXTGEN TV in Harrisburg, PA, marking its 17th market in 2021. The company plans to convert an additional 20 markets, aiming to reach 50% coverage of U.S. TV households by the end of 2022. NEXTGEN TV, utilizing ATSC 3.0 technology, offers superior audio and video quality. A BIA study suggests that datacasting services derived from this technology could generate up to $15 billion in broadcast revenue by 2030. Nexstar operates 199 TV stations, reaching approximately 39% of U.S. households.
Nexstar Media Group's stations in Springfield, Missouri, including KOLR, KSPR, KRBK, and KOZL-TV, have launched broadcasting using NEXTGEN TV, a cutting-edge digital technology based on ATSC 3.0. This upgrade enhances viewer experience with stunning video quality and improved audio features. The transition follows extensive planning and allows for advanced features like real-time Internet content integration. Currently operational in over 35 cities, this significant technology upgrade enables broadcasters to deliver superior quality content and emergency alerts.