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Nexstar Media Group Inc - NXST STOCK NEWS

Welcome to our dedicated news page for Nexstar Media Group (Ticker: NXST), a resource for investors and traders seeking the latest updates and insights on Nexstar Media Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nexstar Media Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nexstar Media Group's position in the market.

News
Nexstar Television Stations in Grand Rapids, Sioux Falls, and Panama City to Begin Carrying CW Network Programming on January 1
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) announces that its television stations in Grand Rapids, Michigan, Sioux Falls, South Dakota, and Panama City, Florida, will carry The CW Network's primetime entertainment and live sports programming on their digital subchannels starting January 1, 2024. This move will increase the total number of Nexstar and partner-owned CW affiliates to 45, covering over 39% of U.S. TV Households. The addition of CW programming will provide more opportunities for advertisers to reach viewers, especially with the premieres of new entertainment shows and ACC college basketball. The CW Network, reaching 100% of U.S. households, delivers 15 hours of primetime entertainment programming per week and over 300 hours of live sports annually, including LIV Golf, ACC football and basketball games,
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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none
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News
KVIA-TV, KDBC-TV, KTSM-TV, KFOX-TV, and KTDO Launch NextGen TV in El Paso, Texas
Rhea-AI Summary
Local Broadcasters Bring High-Tech Television to Local Viewers EL PASO, Texas. The leading television stations in El Paso, including KVIA-TV (ABC), KDBC-TV (CBS), KTSM-TV (NBC), KFOX-TV (FOX), and KTDO (Telemundo), have launched NextGen TV, a revolutionary new digital broadcast technology. NextGen TV features stunning video with brilliant color, sharper images, and deeper contrast, providing a more life-like experience. It also includes advanced emergency alerts and new Voice+ dialogue enhancement. NextGen TV, powered by ATSC 3.0, is the most significant broadcast technology upgrade in history. The launch in El Paso follows a decade of development and months of planning and preparation by the local stations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
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none
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News
Mission Broadcasting and Nexstar Media Group Launch NextGen TV on WPIX-TV in New York City
Rhea-AI Summary
Nexstar Media Group, Inc. (NXST) and Mission Broadcasting, Inc. launch NextGen TV on WPIX-TV in New York City, marking the 51st Nexstar-owned or partner market to begin broadcasting with ATSC 3.0. This week, Nexstar also transitioned its local television stations in El Paso and Baton Rouge, as well as a partner station in Baton Rouge owned by White Knight Broadcasting, Inc. Over 58 million U.S. television households now receive a NextGen TV signal from a Nexstar-owned or partner station. Nexstar plans to continue market launches in 2024, expecting to transition the Chicago and San Diego markets. ATSC 3.0 is a revolutionary new digital broadcast technology delivering stunning video with brilliant color, sharper images, and deeper contrast to create a more life-like viewing experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
none
News
Nexstar Media Promotes Mike Spruill to Vice President and General Manager of Its Broadcast and Digital Operations in Nashville, Tennessee
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee. Mr. Spruill brings over 30 years of experience in broadcast television marketing and sales, demonstrating the ability to grow revenue and profitability. He has a proven track record of identifying new revenue streams, cultivating new business, and developing innovative cross-platform solutions for advertisers and marketers. Mr. Spruill has a history of growing broadcasting and digital revenue, deepening community partnerships, and expanding programming in his previous roles. His appointment is expected to drive new business opportunities and strengthen client relationships in Nashville.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.22%
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none
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News
98 Degrees Celebrates NYE 2023 with an Intimate Concert During Nexstar Media Group's "Las Vegas Countdown to 2024" Television Special
Rhea-AI Summary
98 Degrees (98D) will perform their greatest hits and release their new single 'Got U' at Midnight on Nexstar Media Group's 'Las Vegas Countdown to 2024' television special. The event will be broadcast in 14 Nexstar television markets, including KTLA-TV, KRON-TV, and KLAS-TV, among others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
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none
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News
NewsNation and The CW Network Deliver More Than 4 Million Viewers for GOP Presidential Primary Debate
Rhea-AI Summary
NewsNation (Nexstar Media Group, NGS) and The CW Network drew a combined 4 million viewers for the final GOP Presidential primary debate before the Iowa caucuses. NewsNation achieved its largest audience in history with nearly 1.6 million viewers, and The CW Network delivered over 2.5 million viewers, making it their most watched primetime program since 2018. In New York City, WPIX-TV's broadcast of the debate was #1 in primetime, drawing over 300,000 total viewers. NewsNation's weekday primetime viewership is up 73% in total viewers and 90% among adults 25 to 54, compared to the same time last year. Preliminary digital results show nearly 400,000 users livestreamed the debate via the NewsNation website or mobile app, with record-breaking app numbers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
News
Nexstar Media Group to Participate in Four Upcoming Investor Conferences
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) announces participation in four investor conferences in November and December. Fireside chat presentations at Stephens, BofA Securities, UBS, and MoffettNathanson events. Live webcasts and replays available on Nexstar's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
conferences
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News
NewsNation to Host Fourth 2024 Republican Presidential Primary Debate on December 6, at 8 p.m. ET
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) to host the fourth Republican presidential primary debate of the 2024 election cycle on December 6th, 2023. The debate will be exclusively aired on NewsNation and The CW Network, featuring moderators Megyn Kelly, Elizabeth Vargas, and Eliana Johnson. The event will take place at the University of Alabama and will be live-streamed on NewsNation's website and Rumble.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
conferences
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News
Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) reported Q3 consolidated net revenue of $1.132 billion, driving operating income of $94 million, net income of $8 million, consolidated adjusted EBITDA of $236 million, and attributable free cash flow of $100 million. The company also reduced shares outstanding by over 25% since 12/31/19.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
none
News
The CW Network to Become the Exclusive Broadcast Home to WWE NXT
Rhea-AI Summary
WWE NXT Signs Five-Year Deal with The CW Network to Air Live Events Featuring Next Generation Superstars, Expanding Audience Reach and Sports Programming Portfolio
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
none
Stock NXST logo
Nexstar Media Group Inc

Nasdaq:NXST

NXST Rankings

#1126 Ranked by Market Cap
#3381 Ranked by Stock Gains
#829 Ranked by Dividends

NXST Stock Data

5.34B
31.46M
5.59%
99.16%
7.22%
Television Broadcasting
Information
Link
US
Irving

About NXST

nexstar media group is the largest tv station operator in the country. with the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of us television households, and a diversified, growing digital media operation, nexstar media group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. in 20 years, nexstar has grown from a single station to the nation’s largest television company. this growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. from the very beginning, nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.