Nexstar Media Group

Nexstar Television Station KHON2 in Honolulu Raises More Than $1.1 Million to Assist Hawaii Wildfire Relief Efforts

Retrieved on:

Thursday, August 24, 2023

The contributions were designated to the Hawaii Wildfires Relief Fund of the Hawaii Red Cross.

Key Points:

The contributions were designated to the Hawaii Wildfires Relief Fund of the Hawaii Red Cross.
On Monday, August 14, KHON2 held a telethon with the Hawaii Red Cross, during Wake Up 2Day, Take2, and Living808.
The station also collected and aired celebrity messages to gain support for the Hawaii Red Cross.
The Hawaii Red Cross is working 24/7 to help the people of Maui, and we are so happy to support their efforts.

Nexstar Media Group Television Stations Receive Six National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Local Content

Retrieved on:

Wednesday, August 16, 2023

Excellence in Continuing Coverage/Large Market Television – WJZY-TV earned this award for its 18-month investigation into local government corruption.

Key Points:

Excellence in Continuing Coverage/Large Market Television – WJZY-TV earned this award for its 18-month investigation into local government corruption.
Investigative reporter Jody Barr exposed lawmakers, judges, law enforcement officers and other public servants in Marlboro County, South Carolina.
In addition to the national honors, Nexstar’s news operations at 23 television stations earned 36 Regional Edward R. Murrow Awards earlier this year, including two awards for Overall Excellence.
These awards put a spotlight on our commitment to innovation in storytelling, journalism that can be trusted, exceptional public service and community involvement.”
The RTDNA has been recognizing outstanding achievements in electronic journalism with the Edward R. Murrow Awards since 1971.

Nexstar Media Group to Participate in Two September Investor Conferences

Retrieved on:

Monday, August 14, 2023

Publishing, Communications, Media, Entertainment, TV and Radio, Benchmark, Communication, Senior advisor, Nexstar, Bank of America, Media Group, Conference, NXST, Nexstar Media Group

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, Senior Advisor to the Chief Executive Officer and Board of Directors, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will participate in two institutional investor conferences in September:

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, Senior Advisor to the Chief Executive Officer and Board of Directors, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will participate in two institutional investor conferences in September:
The BofA Securities Media, Communications and Entertainment Conference on Wednesday, September 13.
Nexstar will host a fireside chat question-and-answer session at 3:40 p.m.
Please contact your BofA sales representative to register for the conference and to request a meeting with Nexstar management.
Please contact your Benchmark sales representative to register for the conference and to request a meeting with Nexstar management.

Nexstar Media Group Enters Into Multi-Year Employment Agreement Extension With Chief Communications Officer Gary Weitman

Retrieved on:

Thursday, August 10, 2023

Entertainment, Communications, Other Entertainment, TV and Radio, Other Communications, Media, The CW, Nexstar, Growth, Communication, Tribune Media, Employment, Media Group, Acquisition, Hill, NewsNation, NXST, Nexstar Media Group

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has extended the employment agreement of Gary Weitman, the company’s Executive Vice President and Chief Communications Officer.
Mr. Weitman will continue reporting to Perry Sook, Nexstar’s Founder, Chairman and Chief Executive Officer.
“We are extremely pleased to be extending Gary’s employment agreement with Nexstar,” said Mr. Sook.
We are fortunate to have him at Nexstar and thrilled to be extending his employment agreement.”
Mr. Weitman joined Nexstar following its acquisition of Tribune Media Company and has been in the strategic communications field for nearly 30 years.

Nexstar Media Names Jon Camera as Senior Vice President of National Sales Division

Retrieved on:

Wednesday, August 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Jon Camera as Senior Vice President of its national advertising sales division, responsible for overseeing and guiding the efforts of the company’s newly created national sales team, with offices in markets across the country, including New York, Chicago, Los Angeles, Dallas, Atlanta, and Detroit.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Jon Camera as Senior Vice President of its national advertising sales division, responsible for overseeing and guiding the efforts of the company’s newly created national sales team, with offices in markets across the country, including New York, Chicago, Los Angeles, Dallas, Atlanta, and Detroit.
Camera will begin his new duties immediately and report to Todd Braverman, Executive Vice President and Head of National Sales.
“Jon is a great sales leader and the perfect fit for Nexstar’s newly created national sales team,” said Mr. Braverman.
Camera held a variety of leadership positions of increasing responsibility in media sales for such companies as CBS Television, NBC Television, and ABC Television.

Nexstar Media Group Reports Second Quarter Net Revenue of $1.24 Billion

Retrieved on:

Tuesday, August 8, 2023

Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group, Inc. commented, “Nexstar again outperformed consensus expectations in the second quarter across all key financial metrics including net revenue, Adjusted EBITDA and Attributable Free Cash Flow.

Key Points:

Perry A. Sook, Chairman and Chief Executive Officer of Nexstar Media Group, Inc. commented, “Nexstar again outperformed consensus expectations in the second quarter across all key financial metrics including net revenue, Adjusted EBITDA and Attributable Free Cash Flow.
− 67% of Nexstar’s second quarter net revenue was generated by distribution, digital and other revenue sources.
Second quarter political advertising revenue of approximately $9 million compared to $87 million in the prior year.
On a consolidated basis, second quarter Adjusted EBITDA was $331 million, representing a 26.7% margin, and second quarter attributable free cash flow was $100 million.

The CW Network Extends Contract of Dennis Miller as President

Retrieved on:

Monday, August 7, 2023

The CW Network today announced that it has extended the contract of Dennis Miller as President, which will now run through 2027.

Key Points:

The CW Network today announced that it has extended the contract of Dennis Miller as President, which will now run through 2027.
Mr. Miller joined the network as President in October 2022, following its acquisition by Nexstar Media Group, Inc. (NASDAQ: NXST).
By 2025, the network will be carrying more than 400 hours of sports programming over 48 weekends.
“Dennis has done an outstanding job since taking leadership of The CW,” said Perry Sook, Nexstar’s Chairman and Chief Executive Officer.

Nexstar Media Group Seeks Next-Generation Audience Measurement Partner

Retrieved on:

Monday, July 31, 2023

Advertising, Entertainment, Communications, Apps, Applications, Technology, TV and Radio, Audio, Video, Request for proposal, RFP, Nexstar, Media Group, Collection, NXST, Nexstar Media Group, Television

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that it has issued an open Request for Proposals seeking a next-generation audience measurement partner capable of providing data that accurately reflects the scale and power of the company’s national and local media businesses.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that it has issued an open Request for Proposals seeking a next-generation audience measurement partner capable of providing data that accurately reflects the scale and power of the company’s national and local media businesses.
As one of the country’s largest omnichannel media companies, with a newly reimagined ad sales group, Nexstar believes media measurement must innovate in new ways, with innovative new products and cutting-edge technology that better serve the needs of advertisers, publishers, and consumers.
“We believe current methods of audience measurement inadequately reflect our national reach and the effectiveness of the local activation we deliver to advertisers and marketers.
The company has also been actively engaging with new measurement partners, working earlier this year with VideoAmp and iSpot to deliver linear and streaming audience data generated across its media platforms.

The NASCAR Xfinity Series Will Have an Exclusive New Home on The CW Network

Retrieved on:

Friday, July 28, 2023

The CW Network will become the exclusive home to the NASCAR Xfinity Series beginning in 2025 and extending through the 2031 racing season.

Key Points:

The CW Network will become the exclusive home to the NASCAR Xfinity Series beginning in 2025 and extending through the 2031 racing season.
The CW will broadcast 33 live NASCAR Xfinity Series races annually, along with practice and qualifying events each weekend.
All NASCAR Xfinity Series races and ancillary content will be fully produced by the Emmy Award-winning NASCAR Productions group, in close collaboration with The CW Network.
Ultimately, bringing NASCAR Xfinity Series racing to The CW is a win-win for everyone - fans, drivers, teams, sponsors and affiliates.

Nexstar Media Group Declares Quarterly Cash Dividend of $1.35 Per Share

Retrieved on:

Thursday, July 27, 2023

Software, Banking, Media, Entertainment, Professional Services, Apps, Applications, Technology, TV and Radio, Audio, Video, Communications, Finance, Telecommunications, Media Group, NXST, Nexstar Media Group, Holding company

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35 per share of its common stock.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35 per share of its common stock.
The dividend is payable on Thursday, August 24, 2023, to shareholders of record on Thursday, August 10, 2023.
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.