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) has announced the return of "Jimmy Kimmel Live!" to its ABC-affiliated television stations starting tonight. This announcement follows successful discussions with The Walt Disney Company executives regarding Nexstar's concerns.
The company emphasized its commitment to First Amendment principles, unbiased local and national news coverage, and serving community interests. Nexstar highlighted its distinct role as a local broadcaster compared to cable TV, streaming services, and national networks, stressing that its decisions were made independently without external influence.
Nexstar Media Group (NASDAQ: NXST) has announced that its ABC-affiliated television stations will continue to preempt "Jimmy Kimmel Live!" The decision follows what ABC described as Kimmel's "ill-timed and insensitive" comments during a sensitive period in national discourse.
The company will maintain this preemption until there are assurances of respectful and constructive dialogue in their markets. While the show remains available on Disney's streaming platforms, Nexstar stations will focus on local news and market-relevant programming.
Nexstar Media Group (NASDAQ: NXST) has announced that its ABC-affiliated television stations will indefinitely preempt "Jimmy Kimmel Live!" starting tonight. The decision comes in response to controversial comments made by Jimmy Kimmel regarding the killing of Charlie Kirk.
Andrew Alford, President of Nexstar's broadcasting division, stated that Kimmel's comments were deemed offensive and insensitive to their local communities. The company will replace the show with alternative programming in its ABC-affiliated markets, citing the need to promote respectful and constructive dialogue.
WPIX-TV (PIX11) has renewed its multi-platform agreement with SNY to broadcast New York Mets games through 2028. The extended partnership includes 30 games per season from 2026-2028, featuring 25 regular season games primarily as Friday night "Mets Game of the Week" and 5 spring training games.
The coverage expands beyond New York City to include Nexstar-owned stations in Albany, Binghamton, Syracuse, Utica, and Hartford. Each broadcast will include a 30-minute pregame show and authenticated online streaming in local markets. SNY will continue producing the broadcasts with the team of Gary Cohen, Keith Hernandez, Ron Darling, and Steve Gelbs.
Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in four major institutional investor conferences during September and October 2025.
The company's leadership, including Chairman and CEO Perry A. Sook and EVP and CFO Lee Ann Gliha, will participate in fireside chat presentations at the Citi Global TMT Conference (Sept 3), BofA Media Conference (Sept 4), and Goldman Sachs Communacopia (Sept 8). Additionally, President and COO Michael Biard will attend Deutsche Bank's Leveraged Finance Conference (Oct 14).
Live webcasts and replays will be available for the Citi, BofA, and Goldman Sachs presentations through Nexstar's website.
Nexstar Media Group (Nasdaq: NXST) has entered into a definitive agreement to acquire TEGNA Inc. (NYSE: TEGNA) for $6.2 billion in a cash transaction valued at $22.00 per share, representing a 31% premium to TEGNA's 30-day average stock price.
The combined entity will operate 265 full-power television stations across 44 states, covering 80% of U.S. television households. The transaction is expected to generate $300 million in annual synergies and be over 40% accretive to Nexstar's standalone Adjusted Free Cash Flow in the first year after closing.
The deal, expected to close by second half of 2026 subject to regulatory approvals, will strengthen Nexstar's position in key markets including Atlanta, Phoenix, Seattle, and Minneapolis, while enhancing its ability to compete with Big Tech and legacy media companies.
Nexstar Media Group (NASDAQ: NXST) reported Q2 2025 financial results with net revenue of $1.23 billion, down 3.2% year-over-year. The company achieved net income of $91 million and Adjusted EBITDA of $389 million. Distribution revenue remained relatively flat at $733 million, while advertising revenue decreased 9% to $475 million.
Key operational highlights include The CW ascending to the #8-ranked network overall and NewsNation becoming the fastest-growing network year-over-year. The company completed refinancing of credit facilities and term loans, strengthening its capital structure. Nexstar returned $106 million to shareholders through dividends and share repurchases while repaying $101 million in debt.
Nexstar Media Group (NASDAQ: NXST) has declared a quarterly cash dividend of $1.86 per share of common stock. The dividend will be paid on August 29, 2025, to shareholders of record as of August 15, 2025.
While the company has expressed its intention to continue regular quarterly dividend payments, future dividends will be subject to quarterly review and Board approval.
Nexstar Media Group (NASDAQ: NXST) has successfully raised nearly $1.4 million to help flood victims in Central Texas. The company's efforts included a $50,000 donation from the Nexstar Media Charitable Foundation, split equally between The San Angelo Area Foundation and The Community Foundation of the Texas Hill Country.
The fundraising initiative featured a one-hour flood relief telethon on KLST-TV and KTAB-TV, while KXAN-TV in Austin provided continuous coverage and created a dedicated microsite for flood relief information. The station aired 22 public service announcements and coordinated with ten charitable organizations. Multiple Nexstar stations nationwide supported the effort by displaying QR codes linking to donation opportunities.
Nexstar Media Group (NASDAQ: NXST) has promoted Dan Lanzano to the newly created position of President of National Advertising Sales, effective immediately. Lanzano, who joined Nexstar in February 2024 as Senior Vice President of National Advertising Sales, will oversee all national advertising efforts including CW Sports, CW Entertainment, CW Digital, NewsNation, and the company's multicast networks.
In his new role, Lanzano will lead Nexstar's research operations, national network monetization, and paid advertising departments. He brings nearly 20 years of experience, including six years as Vice President of Advertising Sales at Warner Bros. Discovery, where he managed monetization across entertainment, lifestyle, sports, news, and streaming assets.
[ "Creation of new executive position indicates expansion of national advertising strategy", "Strategic hire brings 20 years of experience from major media companies like Warner Bros. Discovery", "Demonstrated success in growing advertising revenue and market share since joining in February 2024" ]