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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.

Rhea-AI Summary
Nexstar Media Group promotes Tracey Rogers to Senior VP and Regional Manager for its broadcasting division
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
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Rhea-AI Summary
Nexstar Media Group's local news operations receive six awards at the Edward R. Murrow Awards, including 'Breaking News Coverage,' 'Continuing Coverage,' and 'Overall Excellence.' WKRN-TV, WJZY-TV, KXAN-TV, WIVB-TV, and WPRI-TV were among the winners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.26%
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) announced that Tom Carter, Senior Advisor to the CEO and Board of Directors, and Lee Ann Gliha, EVP and CFO, will participate in two institutional investor conferences in September. They will be at The BofA Securities Media, Communications and Entertainment Conference on September 13 and The Benchmark 10th Annual Tech/Media/Telecom One-on-One Conference on September 14. A fireside chat Q&A session will be available, and a live webcast and replay will be accessible on Nexstar’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
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conferences
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) extends the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer, reporting to Perry Sook. Weitman has been instrumental in communicating the company’s growth, including the launch of NewsNation, acquisition of The Hill and The CW Network, and expansion of broadcast footprint. He is respected in the media industry, with nearly 30 years of experience in strategic communications.
Rhea-AI Impact
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End-of-Day
0.15%
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) announces the appointment of Jon Camera as Senior Vice President of its national advertising sales division. Mr. Camera will lead the newly created national sales team in markets across the country. With a proven track record at Disney Advertising Sales, he is expected to play a critical role in Nexstar's unified sales strategy, driving exponential growth for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.53%
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) reported Q2 net revenue of $1.24 billion, driving operating income of $179 million and net income of $75 million. The company also achieved consolidated adjusted EBITDA of $331 million and attributable free cash flow of $100 million. Despite a decrease in core and political advertising revenue, distribution and digital revenue saw an increase. The company completed its acquisition of a 75% ownership interest in The CW Network, LLC, and management believes this presentation to be useful to investors as an indicator of the company's operating performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.02%
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none
Rhea-AI Summary
Nexstar Media Group, Inc. (NXST) extends contract of The CW Network President Dennis Miller through 2027, following acquisition. Miller's leadership has led to dynamic new programming strategy, including high-profile live sporting events and primetime entertainment shows. The network plans to carry over 400 hours of sports programming by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
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Rhea-AI Summary
The CW Network (The CW) expands and extends its network affiliation agreement with Hearst Television (Hearst), launching a new CW affiliate in Sacramento, California. The comprehensive multi-year agreement covers six markets and includes the launch of The CW on Hearst’s KQCA-TV in Sacramento. The agreement also extends to Orlando, Kansas City, Portland, Greensboro, Burlington, and Ft. Smith. Financial terms were not disclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
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partnership
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End-of-Day
2.36%
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Rhea-AI Summary
The CW to Broadcast All NASCAR Xfinity Series Races Starting in 2025 - The CW Network secures exclusive rights to broadcast 33 live NASCAR Xfinity Series races annually, marking the first time in series history that every race will be available on free, over-the-air broadcast television. The agreement underscores recent trends in major sports properties prioritizing broadcast television for wider fan reach and industry importance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
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Nexstar Media Group Inc

Nasdaq:NXST

NXST Rankings

NXST Stock Data

5.75B
31.46M
5.61%
98.88%
6.25%
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.