Nexstar Media Group

Nexstar to Expand Local News Operations Serving Washington, D.C., Northern Virginia and Maryland

Retrieved on: 
Wednesday, May 25, 2022 - 5:00pm

Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that it will expand its local news operations serving Washington, D.C., Maryland, and Northern Virginia.

Key Points: 
  • Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that it will expand its local news operations serving Washington, D.C., Maryland, and Northern Virginia.
  • The central newsgathering operation will be supported by three newly established satellite news bureaus in Hagerstown and Frederick, Maryland, and Chantilly, Virginia.
  • The demand for local news, weather, and information in Maryland and Northern Virginia, and in the immediate Washington, D.C., area has never been greater.
  • Following the expansion, DC News Now will provide more than 67 hours of local news programming every week, covering more communities than any other local broadcaster serving Maryland, Northern Virginia and Washington, D.C.

NewscastStudio's Broadcast Production Awards Recognize Top Projects, Technology and Innovation

Retrieved on: 
Thursday, May 5, 2022 - 1:44pm

ST. LOUIS, May 5, 2022 /PRNewswire/ -- NewscastStudio, the trade publication for broadcast professionals in production, design and engineering, has announced the winners of its Broadcast Production Awards.

Key Points: 
  • The awards from trade publication NewscastStudio honor the best in creative production and technical achievement from across the broadcasting industry.
  • ST. LOUIS, May 5, 2022 /PRNewswire/ -- NewscastStudio , the trade publication for broadcast professionals in production, design and engineering, has announced the winners of its Broadcast Production Awards .
  • "The winners represent broadcasters from around the globe and their shifting approaches to production, including a rapid adoption of remote production tools and techniques."
  • For nearly 20 years, NewscastStudio has served as the leading trade publication for broadcast production, at the center of broadcast technology, creative design and engineering.

Nexstar Media Group Declares Quarterly Cash Dividend of $0.90 Per Share

Retrieved on: 
Friday, April 29, 2022 - 12:00pm

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock.
  • The dividend is payable on Friday, May 27, 2022, to shareholders of record on Friday, May 13, 2022.
  • While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
  • 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, including 283,000 hours of original video content each year.

Nexstar Media Group Appoints Rachel Morgan Executive Vice President and General Counsel

Retrieved on: 
Thursday, April 28, 2022 - 9:05pm

Nexstar Media Group, Inc. (NASDAQ: NXST), the largest local media company in the United States, today announced the appointment of Rachel Morgan as Executive Vice President and General Counsel, effective June 20.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), the largest local media company in the United States, today announced the appointment of Rachel Morgan as Executive Vice President and General Counsel, effective June 20.
  • Ms. Morgan will report to Perry Sook, Nexstars Chairman and Chief Executive Officer, and is assuming the position of General Counsel from Elizabeth Ryder, who has been Nexstars General Counsel since 2009.
  • We are very pleased to have attracted someone of Rachels caliber as our next General Counsel.
  • Joining Nexstar as its next General Counsel is a tremendous honor, and I am grateful to Perry and the Board for giving me this opportunity, said Ms. Morgan.

Nexstar Digital Names Dennis Cook Senior Vice President of Sales Marketing

Retrieved on: 
Tuesday, April 19, 2022 - 3:00pm

Nexstar Digital , the digital division of Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named veteran marketing executive Dennis Cook as Senior Vice President of Sales Marketing.

Key Points: 
  • Nexstar Digital , the digital division of Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named veteran marketing executive Dennis Cook as Senior Vice President of Sales Marketing.
  • Mr. Cook will oversee the digital divisions go-to-market strategy and all revenue-driving ad sales marketing initiatives in support of the advertising sales business.
  • A marketing and media industry veteran, Cook has held leadership roles in consumer marketing, affiliate distribution, and ad sales marketing at Sony Pictures Television, The Walt Disney Company, CBS Television, Showtime, and ESPN.
  • Mr. Cook joins Nexstar Digital from Gamut, a Cox Media Group company, where he led all marketing, communications, creative services, and insights teams focused on driving streaming ad sales revenue.

Pearl TV Launches RUN3TV, a New TV Web Platform That Brings Interactive Experiences and Streaming Content To Over-the-Air Viewers for the First Time

Retrieved on: 
Tuesday, April 19, 2022 - 1:00pm

WASHINGTON, April 19, 2022 /PRNewswire/ -- Pearl TV, the coalition of U.S. broadcast companies transitioning to NEXTGEN TV, today announced the launch of the RUN3TV web platform that enables broadcasters to offer a brand-new hybrid TV service to over-the-air (OTA) viewers.

Key Points: 
  • RUN3TV was built to support NEXTGEN TV, otherwise known as ATSC 3.0, and bring content to life through two-way web interactivity.
  • "With NEXTGEN TV and RUN3TV, broadcasters can now bring the OTA environment into the digital world."
  • RUN3TV's web-based platform architecture enables stations to develop, innovate, and differentiate at the application services layer, allowing a consistent viewer experience across all NEXTGEN TV devices.
  • Broadcasters can now leverage advanced advertising in live and streaming content, audience insights, and premium content distribution thanks to the new platform.

Pearl TV, MediaTek Introduce 'FastTrack to NEXTGEN TV'--A Platform That Speeds Development and Time to Market of New Smart TVs and Devices

Retrieved on: 
Tuesday, April 19, 2022 - 1:00pm

WASHINGTON, April 19, 2022 /PRNewswire/ -- Pearl TV, the coalition of U.S. broadcast companies transitioning to NEXTGEN TV, and MediaTek have launched 'FastTrack to NEXTGEN TV,' a program that accelerates and streamlines the path for adoption of NEXTGEN TV technology by consumer electronic makers producing smart TVs and related devices at volume.

Key Points: 
  • "We're excited that together with MediaTek, we can usher in high-volume, low-cost televisions that consumers desire and are buying today, particularly among millennials."
  • The FastTrack program provides consumer electronics manufacturers with an easier, faster, and more cost-effective process to introduce NEXTGEN TV-compatible products via MediaTek's Reference Platform.
  • "Consumers want TVs to come with NEXTGEN TV capabilities and they want to be part of the future of television.
  • MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year.

The Donerail Group and Board Nominee Terry Jimenez Issue Joint Statement Regarding the Firm’s Prior Acquisition Efforts and Financing Capabilities

Retrieved on: 
Tuesday, April 12, 2022 - 1:00pm

Since Donerails initial acquisition proposal in April 2021, we have tried to work collaboratively with the Company and its advisors at Bank of America to provide clarity regarding our acquisition financing capabilities.

Key Points: 
  • Since Donerails initial acquisition proposal in April 2021, we have tried to work collaboratively with the Company and its advisors at Bank of America to provide clarity regarding our acquisition financing capabilities.
  • Given Donerails acquisition proposal required significant co-investment equity capital, we understood the Board of Directors (the "Board") desire for information concerning our financing capabilities and co-investment capital raising experience.
  • Accordingly, the Boards representative informed Donerail that the Board no longer considered credibility of financing as a basis to object to our bid.
  • As the general partner of Donerail Group, Donerail Group GP may be deemed to beneficially own the 860,816 shares of Common Stock directly beneficially owned by Donerail Master Fund.

Broadcasters Launch NextGen TV Broadcasts on Local Television Stations in Richmond-Petersburg, VA

Retrieved on: 
Monday, April 11, 2022 - 8:45pm

All seven of Richmond-Petersburgs full power local television stations today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology.

Key Points: 
  • All seven of Richmond-Petersburgs full power local television stations today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology.
  • Features available on NextGen TV will vary by device and station, as broadcasters roll out service across the country.
  • Todays launch in Richmond-Petersburg follows a decade of development and months of planning and preparation by the local stations.
  • Those stations will broadcast their own programming, as well as the programming of the other participating stations, in NextGen TV format.

Nexstar Networks Names Beth Feldman Executive Director of Communications

Retrieved on: 
Wednesday, March 30, 2022 - 4:00pm

Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that Beth Feldman has been named Executive Director of Communications for the companys networks division, overseeing internal and external communication at the companys cable news network, NewsNation , its nationally distributed diginets, Antenna TV and Rewind TV , and WGN Radio in Chicago.

Key Points: 
  • Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that Beth Feldman has been named Executive Director of Communications for the companys networks division, overseeing internal and external communication at the companys cable news network, NewsNation , its nationally distributed diginets, Antenna TV and Rewind TV , and WGN Radio in Chicago.
  • Ms. Feldman will join Nexstar on April 4, and report to Sean Compton, President of the networks division of Nexstar Media Inc., and work closely with Gary Weitman, EVP/Chief Communication Officer of Nexstar Media Group, Inc.
    Ms. Feldman joins the networks division with nearly three decades of experience leading and executing mainstream, digital, and social media campaigns on behalf of leading television networks, film studios, consumer brands and authors.
  • 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.
  • Commenting on her appointment, Ms. Feldman said, Im excited to be joining Nexstars networks division, home to the countrys fastest growing cable news network.