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 a quarterly cash dividend of $1.86 per share of common stock. The dividend will be paid on June 2, 2025, to shareholders of record as of May 19, 2025. The company has expressed its intention to continue paying regular quarterly dividends, though future payments will be subject to quarterly review and Board approval.
Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in two upcoming investor conferences. At the JPMorgan Technology, Media and Communications Conference in Boston on May 14, 2025, Chairman and CEO Perry A. Sook and EVP/CFO Lee Ann Gliha will host a fireside chat at 10:40 a.m. ET. Subsequently, at the Gabelli 2025 Media & Entertainment Symposium in New York on June 5, 2025, President/COO Michael Biard and EVP/CFO Lee Ann Gliha will present at 10:45 a.m. ET. Both presentations will be available via live webcast and replay on Nexstar's website.
Lifelines of Hope, an hour-long television special airing on May 1st, 2025 at 9:00pm, showcases remarkable acts of bravery and community spirit. The program, hosted by Dean Cain, Laura McKenzie, Elizabeth Stanton, and Montel Williams, features inspiring stories of everyday heroes and celebrity involvement.
The special highlights various heroic acts, including:
- A food delivery driver rescuing four children from a burning house
- A passerby jumping off a bridge to save a drowning infant
- A neighbor protecting a six-year-old from a wild dog
- A fireman saving a woman from raging flames in Malibu
Celebrity participants include Samuel L. Jackson, Jennifer Garner, Billie Eilish, Dolly Parton, and others sharing their experiences in supporting communities during crises. The program also features Toys for Tots' efforts in helping families affected by California wildfires and Hurricane Helene.
Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.
Interested participants can join via phone using the following numbers: +1 877-407-9208 (domestic) or +1 201-493-6784 (international) with conference ID 13752833. A live webcast will be available through the 'Events and Presentations' section on Nexstar's website, with a replay accessible for 90 days following the event.
The AVP (America's professional beach volleyball league) has announced major broadcast partnerships with CBS Sports and The CW Network for the 2025 season. CBS Television Network will air the AVP League Championship live on August 31st, 2025 (2:00-4:00pm ET), while CBS Sports Network will broadcast additional matches throughout the season.
The CW Network will feature live matches on Saturday nights from Memorial Day through Labor Day (8:00-10:00pm ET). The league consists of eight city-based teams: LA Launch, San Diego Smash, New York Nitro, Brooklyn Blaze, Miami Mayhem, Palm Beach Passion, Dallas Dream, and Austin Aces.
The broadcast schedule spans from May 23rd to August 31st, 2025, covering multiple venues across the country, including the Manhattan Beach Open Finals and the League Championship Weekend in Chicago.
Nexstar Media Group (NASDAQ: NXST) reported record Q4 2024 net revenue of $1.49 billion, up 14.1% year-over-year, driven by strong political advertising and distribution revenue growth. The company achieved Q4 net income of $229 million with a 15.4% margin and Adjusted EBITDA of $628 million.
Key highlights include:
- Record annual revenue of $5.41 billion in 2024
- Returned $820 million to shareholders (68% of Adjusted Free Cash Flow)
- Reduced debt by $327 million, achieving 2.91x net leverage
- Q4 distribution revenue reached $714 million, up 1.4%
- Political advertising revenue increased by $223 million to $254 million
The company provided 2025 Adjusted EBITDA guidance of $1.5-1.595 billion and announced plans to renew distribution contracts representing approximately 60% of its subscriber base.
Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in two major investor conferences in March 2025. The company will attend the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 5, with a fireside chat scheduled for 4:05 p.m. ET, and the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference in West Palm Beach on March 11, presenting at 9:40 a.m. ET.
Chairman and CEO Perry A. Sook and EVP/CFO Lee Ann Gliha will represent Nexstar at both events. Live webcasts and replays will be accessible through the 'Events and Presentations' section on Nexstar's website. Interested parties can register and request management meetings through their Morgan Stanley and Deutsche Bank representatives.
Nexstar Media Group (NASDAQ: NXST) has appointed Samantha Osborne Reynolds as Vice President of Political Sales, effective February 18. She will lead the company's newly created national political sales division, focusing on developing political advertising strategies across all platforms and driving growth in linear, digital, and connected TV political revenues.
Reynolds brings over 17 years of experience in political strategy and advertising, previously serving as Vice President, Political, Advocacy and Automation at E.W. Scripps Company. In her role, she will be based in Washington, D.C., reporting to Jon Camera, Nexstar's Senior Vice President for Advertising Sales.
Her background includes significant political campaign experience, including roles as National Deputy Digital Field Director for Romney for President in 2012 and Chief Digital Officer at the Republican National Committee in 2017.
The CW Network's broadcast of the 2025 NASCAR Xfinity Series season opener at Daytona achieved significant viewership success, drawing 1.8 million total viewers. The race marked the most-viewed Xfinity Series season opener at Daytona since 2020 and the most-watched Xfinity Series race since Talladega in April 2022.
Viewership peaked at 2.2 million during the 7:30 p.m. ET quarter hour. Compared to last year's weather-impacted opener, the broadcast saw substantial increases across key demographics: 93% in total viewers, 76% in Adults 18-49 (330,000), and 47% in Adults 25-54 (444,000). The race also outperformed The CW's final playoff race from Phoenix with double-digit percentage increases.