Antenna TV

Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion

Retrieved on: 
Wednesday, November 8, 2023

Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.

Key Points: 
  • Nexstar – Consolidated refers to all of the Company’s operations while Nexstar, Ex-The CW refers to the Consolidated results without The CW operations and eliminations.
  • Beginning in the fourth quarter of 2022, Nexstar defined Adjusted EBITDA and Free Cash Flow as metrics excluding transaction and one-time expenses.
  • Third quarter net revenue of $1.13 billion compared to $1.27 billion in the prior year quarter.
  • 64% of Nexstar’s third quarter net revenue was generated by distribution, digital and other revenue sources.

Nexstar Media Group and Cox Communications Reach Multi-Year Distribution Agreement

Retrieved on: 
Tuesday, November 7, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), and Cox Communications today announced that they have reached a comprehensive, multi-year distribution agreement.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), and Cox Communications today announced that they have reached a comprehensive, multi-year distribution agreement.
  • The agreement covers 38 Nexstar-owned television stations in 23 markets across the country, national cable news network NewsNation, and digital networks Antenna TV and Rewind TV.
  • Specific terms of the agreement were not disclosed.

Nexstar Media Group Enters Into Multi-Year Employment Agreement Extensions With Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy

Retrieved on: 
Monday, July 17, 2023

Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that it extended the employment agreements of Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy.

Key Points: 
  • Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that it extended the employment agreements of Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy.
  • Perry Sook commented, “We are thrilled to extend the employment agreements of Sean and Dana whose leadership has helped drive our growth and shareholder returns.
  • Our strong industry position and positive growth prospects reflect Sean and Dana’s leadership and key contributions alongside the Nexstar Nation team.
  • Prior to joining Nexstar, Ms. Zimmer was President of Distribution and Marketing for Tribune Media Company from 2013 to 2019.

Nexstar Announces Newly-Created Advertising Sales Structure and Leadership Team Focused on Data-Driven, Multi-Platform Approach

Retrieved on: 
Tuesday, January 17, 2023

Nexstar Media Group, Inc. (NXST: NASDAQ) (“Nexstar” or “the Company”), today announced a newly-created advertising sales structure and leadership team designed to drive ad sales across Nexstar’s diversified media portfolio by further emphasizing its client-first approach, combined with a new data-driven, multi-platform focus.

Key Points: 
  • Nexstar Media Group, Inc. (NXST: NASDAQ) (“Nexstar” or “the Company”), today announced a newly-created advertising sales structure and leadership team designed to drive ad sales across Nexstar’s diversified media portfolio by further emphasizing its client-first approach, combined with a new data-driven, multi-platform focus.
  • She will oversee the functional teams focused on developing next-gen advertising capabilities, ensuring that Nexstar is a high-performing enterprise sales organization providing portfolio-based marketing experiences and events for both clients and audiences.
  • Importantly, Ms. Tavoularis will be responsible for building new functionality for Nexstar in the areas of measurement and insight, sales enablement, marketing solutions, and advertising products.
  • He played a critical role in launching the HBO Max advertising product and in leading the WarnerMedia sales team through the television industry’s upfront advertising negotiations.

NBC 5 Dallas-Fort Worth and Nexstar Media Inc. to Broadcast Annual New Year’s Eve Television Special, ‘Lone Star NYE’ Featuring Casey Donahew

Retrieved on: 
Monday, December 12, 2022

Lone Star NYE: Countdown to 2023 will include the annual Over the Top NYE live fireworks spectacular presented by Hunt Realty Investments and Reunion Tower, benefiting Childrens Health, with NBC 5 and Nexstar serving as official media sponsors.

Key Points: 
  • Lone Star NYE: Countdown to 2023 will include the annual Over the Top NYE live fireworks spectacular presented by Hunt Realty Investments and Reunion Tower, benefiting Childrens Health, with NBC 5 and Nexstar serving as official media sponsors.
  • Texas-country music sensation, Casey Donahew, lights up the stage with a special performance for this years New Years Eve celebration.
  • Im thrilled to be a part of the Lone Star NYE: Countdown to 2023, said Donahew.
  • Lone Star NYE: Countdown to 2023 will air in 24 markets throughout Texas, Oklahoma, Arkansas, Kansas, Louisiana, and Missouri on media properties operated by NBCUniversal Local, Nexstar Media Group, Mission, and Vaughan Media.

Nexstar Media Names Michael Strober as Chief Revenue Officer

Retrieved on: 
Thursday, December 1, 2022

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of innovative and experienced sales and advertising executive Michael Strober as Executive Vice President and Chief Revenue Officer, responsible for leading the reimagination and execution of a new advertising sales and go-to-market strategy for the Company.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of innovative and experienced sales and advertising executive Michael Strober as Executive Vice President and Chief Revenue Officer, responsible for leading the reimagination and execution of a new advertising sales and go-to-market strategy for the Company.
  • Mr. Strober will report to Nexstars Chairman and Chief Executive Officer, Perry Sook, and begin his new duties January 2, 2023.
  • Michael has led this type of sweeping change before, consulting with media clients on a variety of reinvention projects.
  • Commenting on his appointment, Mr. Strober said, I am delighted to be joining the Nexstar team during this period of transformative growth.

Nexstar Media Group to Participate in the Stephens Investment Conference

Retrieved on: 
Tuesday, November 15, 2022

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Stephens Investment Conference, including a fireside chat question-and-answer session on Wednesday, November 16, 2022 at 10:00 a.m. CT (11:00 a.m.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Stephens Investment Conference, including a fireside chat question-and-answer session on Wednesday, November 16, 2022 at 10:00 a.m. CT (11:00 a.m.
  • Please contact your Stephens sales representative to register for the conference.
  • Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across television, streaming and digital platforms, including nearly 300,000 hours of original video content each year.
  • Nexstar owns Americas largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people.

The CW Network Names Beth Feldman Senior Vice President of Network Communications

Retrieved on: 
Tuesday, November 1, 2022

The CW Network LLC today named Beth Feldman as Senior Vice President of Network Communication, overseeing internal and external communication and program publicity.

Key Points: 
  • The CW Network LLC today named Beth Feldman as Senior Vice President of Network Communication, overseeing internal and external communication and program publicity.
  • Feldman takes over the communications role from Paul Hewitt, who is leaving the network after 22 years.
  • From 1996 to 2007, she held positions of increasing responsibility with the CBS Television Network and served as Vice President for the CBS Communications Group.
  • The CW Network, LLC is Americas fifth major broadcast network, offering 14 hours of primetime programming, Monday through Sunday.

The CW Network Appoints Rebekah Dopp as Executive Vice President of Distribution, Strategy, and Affiliate Relations

Retrieved on: 
Tuesday, November 1, 2022

The CW Network, LLC (The CW The CW Network) today announced the appointment of Rebekah Dopp as Executive Vice President of Distribution, Strategy, and Affiliate Relations, responsible for negotiating and managing the networks 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 Rebekah Dopp as Executive Vice President of Distribution, Strategy, and Affiliate Relations, responsible for negotiating and managing the networks distribution and overseeing affiliate relations with its station group partners.
  • Rebekah is a leader and strategic thinker who will bring an incredible skill set to The CW, said Ms. Zimmer.
  • Prior to Google, Ms. Dopp worked at CBS Television and HBO and held multiple executive roles in affiliate relations.
  • The CW Network, together with Nexstars diverse media portfolio, reach, and dedication to localism, is an unbeatable combination, said Ms. Dopp.

Nexstar and Verizon FiOS Reach Multi-Year Distribution Agreement

Retrieved on: 
Friday, October 28, 2022

Nexstar Media Group, Inc. (Nasdaq: NXST) (Nexstar), and Verizon FiOS (NYSE: VZ) (Verizon) today announced that they have reached a comprehensive multi-year distribution agreement regarding local television stations in 10 markets and Nexstars fast-growing national cable news network, NewsNation.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) (Nexstar), and Verizon FiOS (NYSE: VZ) (Verizon) today announced that they have reached a comprehensive multi-year distribution agreement regarding local television stations in 10 markets and Nexstars fast-growing national cable news network, NewsNation.
  • The agreement will ensure that Verizon subscribers wont miss a moment of Major League Baseballs World Series, which begins tonight, or any of this weekends college and NFL Football games.
  • These 13 local television stations and related cable and multi-cast networks had been off of Verizons platform system since October 14 at midnight.
  • Nexstar owns Americas largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people.