The CW

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.
  • “We’re pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social’s CEO and co-founder.
  • Non-GAAP operating income was $1.7 million, compared to $0.6 million in the fourth quarter of 2022.
  • Non-GAAP net income was $1.0 million, compared to $1.8 million in the fourth quarter of 2022.

NIELSEN AND NEXSTAR ANNOUNCE COMPREHENSIVE AGREEMENT FOR LOCAL & NATIONAL TV MEASUREMENT SERVICES

Retrieved on: 
Wednesday, January 31, 2024

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Nielsen, a global leader in audience measurement, data and analytics, today announced a multi-year extension of an agreement with Nexstar Media Group, Inc.(NASDAQ: NXST), to provide Local and National TV measurement services across Nexstar's media businesses, including The CW Network, NewsNation, Antenna TV, and 200 owned or partner television stations in 116 local markets across the country. Under the terms of the agreement, Nielsen will continue to be a preferred Nexstar provider of currency-grade TV audience data.

Key Points: 
  • Under the terms of the agreement, Nielsen will continue to be a preferred Nexstar provider of currency-grade TV audience data.
  • Nexstar will continue to leverage a comprehensive suite of Nielsen's Local, National & Digital solutions including Over the Top (OTT) measurement, cross-media measurement via Nielsen ONE Ads, Digital Content Ratings (DCR), Digital in TV Ratings (DTVR), Scarborough, Rhiza and Grabix - which all provide important audience insights.
  • Nielsen is continuously working to evolve its measurement services to provide a comprehensive view of the fragmented viewing landscape.
  • In reaching this agreement, Nexstar, as well as all Nielsen customers, have access to Nielsen's Big Data + Panel measurement approach.

Comscore and Nexstar Reach Multi-Year Agreement for Linear and Cross-Platform Audience Measurement

Retrieved on: 
Tuesday, January 23, 2024

RESTON, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Comscore, Inc. (NASDAQ: SCOR) today announced that it has reached a comprehensive multi-year agreement with Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar”) on cross-platform audience measurement.

Key Points: 
  • RESTON, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Comscore, Inc. (NASDAQ: SCOR) today announced that it has reached a comprehensive multi-year agreement with Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar”) on cross-platform audience measurement.
  • Under the terms of the agreement, Comscore will become a key measurement partner for Nexstar, providing it with critical measurement metrics across Nexstar’s local TV, broadcast, network, and digital businesses.
  • Comscore has provided local market measurement to Nexstar since 2010, but with continued evolution and innovation in its suite of insights and planning solutions across digital, social, CTV, and linear TV, Nexstar now sees unique opportunities to move Comscore into a leading currency provider position.
  • Comscore, a leading provider of currency-grade television measurement for local TV, provides measurement across all 210 local Comscore Markets.

NewsNation to Debut a New Sunday Public Affairs Program The Hill Sunday with Chris Stirewalt

Retrieved on: 
Thursday, January 18, 2024

NewsNation, America’s fastest-growing cable news network, today announced the launch of a new Sunday public affairs program entitled, The Hill Sunday with Chris Stirewalt on Sunday, March 3rd at 10 a.m.

Key Points: 
  • NewsNation, America’s fastest-growing cable news network, today announced the launch of a new Sunday public affairs program entitled, The Hill Sunday with Chris Stirewalt on Sunday, March 3rd at 10 a.m.
  • Every Sunday, the program will feature a variety of politicians and newsmakers discussing the latest political news from the nation’s capital.
  • “I am proud to be part of NewsNation, where the promise of fair, honest, independent coverage has real meaning,” said Mr. Stirewalt.
  • Prior to NewsNation, Mr. Stirewalt served as political editor for FOX News Channel where he provided news and analysis on politics.

The CW Network Appoints Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing

Retrieved on: 
Wednesday, January 17, 2024

The CW Network, LLC (“The CW” “The CW Network”) today announced the appointment of Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing, responsible for managing the network’s distribution and overseeing affiliate relations with its station group partners.

Key Points: 
  • The CW Network, LLC (“The CW” “The CW Network”) today announced the appointment of Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing, responsible for managing the network’s distribution and overseeing affiliate relations with its station group partners.
  • Ms. McIlvain will begin her new duties immediately and report to Dana Zimmer, President and Chief Distribution and Strategy Officer for Nexstar Media Group, Inc. (“Nexstar”)(Nasdaq: NXST), and Dennis Miller, President of The CW Network.
  • She was one of the founding officers of the company and was responsible for overseeing distribution, government relations, marketing and operations.
  • “Erin is a strategic thinker with tremendous experience in the multi-channel distribution business and affiliate relations,” said Ms. Zimmer.

Nexstar Media Enters Into Time Brokerage Agreement With KAZT-TV in Phoenix, Arizona

Retrieved on: 
Monday, January 8, 2024

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has entered into a multi-year time brokerage agreement with KAZT-TV in Phoenix, Arizona, the nation’s 11th largest television market.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has entered into a multi-year time brokerage agreement with KAZT-TV in Phoenix, Arizona, the nation’s 11th largest television market.
  • Under terms of the agreement, Nexstar will provide KAZT-TV with programming and other services to strengthen the station’s relationship with the local community, including management of its sales, promotion, marketing, and technical operations.
  • “We’re pleased to enter into this agreement with KAZT-TV, especially since Arizona will once again be a battleground state in this year’s Presidential election,” said Andrew Alford, President of Nexstar’s broadcasting division.
  • “We’re looking forward to helping KAZT-TV expand its service to Phoenix-area viewers and forge an even deeper connection to the community.

Nexstar Media Reaches Multi-Year Distribution Agreement With Fubo

Retrieved on: 
Wednesday, January 3, 2024

Nexstar Media Group, Inc. (NASDAQ: NXST), and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), today announced that they have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), and FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), today announced that they have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations.
  • The agreement also extends Fubo’s carriage of Nexstar’s national cable news network, NewsNation.
  • Financial terms were not disclosed.

Nexstar Television Stations in Grand Rapids, Sioux Falls, and Panama City to Begin Carrying CW Network Programming on January 1

Retrieved on: 
Monday, December 18, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that beginning January 1, 2024, its television stations in Grand Rapids, Michigan, Sioux Falls, South Dakota, and Panama City, Florida, will begin carrying the primetime entertainment and live sports programming of The CW Network on one of their related digital subchannels.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that beginning January 1, 2024, its television stations in Grand Rapids, Michigan, Sioux Falls, South Dakota, and Panama City, Florida, will begin carrying the primetime entertainment and live sports programming of The CW Network on one of their related digital subchannels.
  • “The addition of CW programming to these Nexstar-owned stations will bring the number of Nexstar and partner-owned CW affiliates to 45, covering more than 39% of U.S. TV Households,” said Andrew Alford, President of Nexstar’s broadcasting division.
  • The fully ad-supported CW App, with more than 96 million downloads to date, is available for free to consumers on all major digital platforms.
  • “These stations are great additions to the CW family,” said Dennis Miller, President of The CW Network.

NewsNation and The CW Network Deliver More Than 4 Million Viewers for GOP Presidential Primary Debate

Retrieved on: 
Thursday, December 7, 2023

NewsNation and The CW Network combined to deliver more than 4 million viewers Wednesday night for the final GOP Presidential primary debate before the Iowa caucuses.

Key Points: 
  • NewsNation and The CW Network combined to deliver more than 4 million viewers Wednesday night for the final GOP Presidential primary debate before the Iowa caucuses.
  • The CW Network, which simulcast the debate, delivered more than 2.5 million viewers and nearly 500,000 viewers among adults 25 to 54, making the debate The CW’s most watched primetime program since 2018.
  • In the New York City market, the nation’s largest DMA, WPIX-TV’s broadcast of the debate was #1 in primetime, drawing more than 300,000 total viewers.
  • Prior to the debate, NewsNation aired “Countdown to the NewsNation Republican Primary Debate,” a two-hour news special hosted by Chris Cuomo and chief Washington anchor Leland Vittert.

GFT Ventures Leads a $10 Million Investment in Qortex to Fuel the Intelligent Video Analytics Leader

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire-PRWeb/ -- Qortex, an Intelligent Video Analytics (IVA) company brands and enterprises use to turn video content into meaningful and enriching experiences that drive business outcomes, today announced it has raised $10 million in a round led by GFT Ventures along with other investors including Silicon Road Ventures. The company plans to use the funds to expand its talent and technology in support of client and market demand.

Key Points: 
  • The company plans to use the funds to expand its talent and technology in support of client and market demand.
  • "With IVA we can deeply understand the actions, events, feelings, products and more within the video.
  • We aim to create something entirely new that allows anyone in media, advertising and entertainment to harness content and leapfrog its competitors using AI."
  • - Zack Rosenberg, CEO of Qortex
    IVA technology allows for monitoring and analyzing a large volume of video and transforming that input into intelligent data for quick decision making.