Nexstar Media Group

Nexstar Reaches Multi-year Agreement With Youtube TV for Launch of 59 Nexstar Stations Including Its CW, MyNet, and Independent Television Stations

Retrieved on: 
Monday, March 13, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) today announced that it has reached a comprehensive multi-year distribution agreement with YouTube TV to launch 59 stations on its platform, including its 29 CW-affiliated television stations, its 26 MyNetworkTV affiliates, and its four independent stations in Chicago, Washington, D.C., Oklahoma City, and Baton Rouge.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) today announced that it has reached a comprehensive multi-year distribution agreement with YouTube TV to launch 59 stations on its platform, including its 29 CW-affiliated television stations, its 26 MyNetworkTV affiliates, and its four independent stations in Chicago, Washington, D.C., Oklahoma City, and Baton Rouge.
  • The agreement also renews and extends YouTube TV’s carriage of America’s fastest-growing cable news network, NewsNation, which is home to such shows as “Cuomo,” “Dan Abrams Live,” and “Banfield.” In addition, Nexstar extended carriage of all of the Company’s CBS-affiliated stations on YouTube TV.
  • Financial terms of the agreement were not released.
  • “These agreements with YouTube TV underscore the importance of Nexstar’s national and local content on its platform,” said Tom Carter, Nexstar’s Chief Operating Officer.

Nexstar Media Group to Participate in the Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Monday, February 27, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Morgan Stanley Technology, Media & Telecom Conference, including a fireside chat question-and-answer session on Tuesday, March 7, 2023 at 12:55 p.m. PT (3:55 p.m.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Morgan Stanley Technology, Media & Telecom Conference, including a fireside chat question-and-answer session on Tuesday, March 7, 2023 at 12:55 p.m. PT (3:55 p.m.
  • ET).
  • Please contact your Morgan Stanley sales representative to register for the conference.

Nexstar Names Joe Ruffolo Senior Vice President and General Manager for The Hill and NewsNation Digital

Retrieved on: 
Friday, February 24, 2023

Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that Joe Ruffolo has been named to the newly created position of Senior Vice President and General Manager for The Hill and NewsNation Digital, responsible for the long-term strategy and day-to-day operations of each property.

Key Points: 
  • Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that Joe Ruffolo has been named to the newly created position of Senior Vice President and General Manager for The Hill and NewsNation Digital, responsible for the long-term strategy and day-to-day operations of each property.
  • As Nexstar realigns its national digital news platforms, The Hill will become part of the company’s Networks Division, effective immediately.
  • Mr. Ruffolo will begin his new duties March 6, and report to Sean Compton, President of Nexstar’s Networks Division.
  • During his tenure at OceanX, Mr. Ruffolo led all editorial, business development, strategy, social, digital, marketing, and post-production operations for the company.

Nexstar Media Group Raises Quarterly Cash Dividend by 50% to $1.35 Per Share

Retrieved on: 
Friday, January 27, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 50% increase to its quarterly cash dividend to $1.35 per share beginning with the dividend declared for the first quarter of 2023.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 50% increase to its quarterly cash dividend to $1.35 per share beginning with the dividend declared for the first quarter of 2023.
  • The dividend is payable on Friday, February 24, 2023, to shareholders of record on Friday, February 10, 2023.
  • Perry Sook, Nexstar Media Group’s Founder, Chairman and Chief Executive Officer stated, “The 50% increase in our 2023 quarterly cash dividend substantially exceeds our historical compound annual dividend growth rate of 25%.
  • This outsized increase highlights our confidence in Nexstar’s ability to continue to generate significant free cash flow and our commitment to return capital to shareholders.

Nexstar Media Group to Report 2022 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on February 28

Retrieved on: 
Thursday, January 26, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2022 fourth quarter and full year financial results on Tuesday, February 28, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2022 fourth quarter and full year financial results on Tuesday, February 28, 2023.
  • The Company will host a conference call and webcast at 10:00 a.m.
  • To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784 conference ID 13735877 (domestic and international callers).
  • Participants can also listen to a live webcast of the call through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at www.nexstar.tv .

Nexstar Media Group to Release New Investor Presentation and Host Investor Conference Call and Webcast on January 31

Retrieved on: 
Wednesday, January 25, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will release a new investor presentation on Tuesday, January 31, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will release a new investor presentation on Tuesday, January 31, 2023.
  • The Company will host a conference call and webcast at 10:00 a.m.
  • To access the conference call, interested parties may dial 1-877-407-9208 or 1-201-493-6784, conference ID 13735999 (domestic and international callers).
  • For the webcast, please allow 15 minutes to register, download and install any necessary software.

LG CHANNELS SETS THE MOOD FOR VALENTINES DAY WITH NEW STREAMING OPTIONS

Retrieved on: 
Monday, February 13, 2023

ENGLEWOOD CLIFFS, N.J., Feb. 13, 2023 /PRNewswire/ -- LG Electronics USA , exclusive free streaming service, LG Channels, is offering LG smart TV owners access to a wide range of newly added on-demand movies, TV series and streaming options.

Key Points: 
  • ENGLEWOOD CLIFFS, N.J., Feb. 13, 2023 /PRNewswire/ -- LG Electronics USA , exclusive free streaming service, LG Channels, is offering LG smart TV owners access to a wide range of newly added on-demand movies, TV series and streaming options.
  • This month LG Channels has added the "Romance Hub" to its webOS platform.
  • LG Channels offers a wide selection of premium live and on-demand programming, including movies, TV shows, news, sports, children's programs, and more.
  • LG smart TV owners can easily discover their favorite programs by launching the LG Channels application on their LG TV's webOS platform.

National Press Club Statement on Nexstar Decision To Air LIV Golf on The CW

Retrieved on: 
Friday, January 20, 2023

Riyadh wants to use golf to get Americans to forget about murder. We must not let them get away with it. We call on Nexstar employees -- many of whom are journalists -- to demand management explain why they have partnered with the murderers of a journalist. We urge Nexstar to do the right thing and cancel their bloody golf show. And if they don't drop the program here is what we can do: don't watch it; and write each sponsor asking them not to sponsor."

Key Points: 
  • WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- Following is a statement from National Press Club President Jen Judson on the news that Nexstar Media Group has decided to carry the Saudi-funded LIV Golf Tournament on The CW Network.
  • We urge Nexstar to do the right thing and cancel their bloody golf show.
  • Founded in 1908, the National Press Club is the world's leading professional organization for journalists.
  • With 3,000 members representing nearly every leading news organization, the Club is a leading voice for press freedom worldwide.

KERV Interactive Appoints Marika Roque Chief Innovation Officer

Retrieved on: 
Wednesday, January 18, 2023

KERV Interactive (KERV), the leading AI-powered digital advertising platform, today announced the appointment of Marika Roque as Chief Innovation Officer.

Key Points: 
  • KERV Interactive (KERV), the leading AI-powered digital advertising platform, today announced the appointment of Marika Roque as Chief Innovation Officer.
  • Roque continues to serve as KERV’s Chief Operating Officer in addition to her new position.
  • “KERV would simply not be where we are today without Marika’s leadership, intellect and over 15 years of industry expertise,” said Gary Mittman, CEO of KERV.
  • As Chief Innovation Officer, Roque will be responsible for developing and implementing new technologies and processes for KERV as well as fostering a culture of innovation within the organization.

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.