Nexstar

Nexstar Media Group Board Adopts Policy Regarding the Roles of Chairperson of the Board of Directors and Chief Executive Officer

Retrieved on: 
Monday, February 5, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors has adopted a policy regarding the roles of Chairperson of the Board of Directors and Chief Executive Officer.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors has adopted a policy regarding the roles of Chairperson of the Board of Directors and Chief Executive Officer.
  • Under the policy, the roles of Chairperson of the Board of Directors and Chief Executive Officer of the Company may not be held by the same individual.
  • The new policy will take effect only after Nexstar’s Founder, Chairman, and Chief Executive Officer Perry Sook leaves the Company and the Board.
  • Mr. Sook founded Nexstar Media Group, Inc., in 1996, and has served as Chief Executive Officer since that time.

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.

Nexstar Media Names Bill Dallman as Vice President and General Manager of Its Broadcast and Digital Operations in Grand Junction, Colorado

Retrieved on: 
Monday, January 29, 2024

Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Bill Dallman as Vice President and General Manager of its broadcasting and digital operations serving Grand Junction and Montrose, CO (DMA #187), including KREX-TV (CBS), KGJT-TV (My Network), westernslopenow.com, and their related digital and social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of Bill Dallman as Vice President and General Manager of its broadcasting and digital operations serving Grand Junction and Montrose, CO (DMA #187), including KREX-TV (CBS), KGJT-TV (My Network), westernslopenow.com, and their related digital and social media channels.
  • Mr. Dallman will also oversee the Company’s operational agreements with Mission Broadcasting, Inc., to provide services to KFQX-TV (FOX) in Grand Junction.
  • Mr. Dallman will report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar’s broadcasting division, and begin his new duties on Monday, February 12.
  • Prior to joining Nexstar, Mr. Dallman served as President and General Manager of KARE 11 (NBC) in Minneapolis/St.

EX.CO AND LOCAL MEDIA CONSORTIUM ENTER MULTI-YEAR AGREEMENT TO POWER VIDEO TECHNOLOGY FOR LOCAL PUBLISHERS

Retrieved on: 
Wednesday, January 24, 2024

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- EX.CO, the world's leading publisher video technology platform empowering publishers to own their video content and monetization strategies, today announced it has been selected as a preferred video technology partner for the Local Media Consortium (LMC), an organization focused on providing strategic partnerships for more than 5,000 local media outlets across the U.S., Canada and Puerto Rico to deliver economic value. The multi-year agreement was signed after an 18-month vetting process by the LMC.

Key Points: 
  • The multi-year agreement was signed after an 18-month vetting process by the LMC.
  • EX.CO is currently the leading video technology platform chosen by many local, national, and global news publishers and media groups thanks to its AI-driven yield engine, machine-learning-based contextual recommendations, and a premium marketplace that give publishers access to high-quality video for 100% of their digital pages.
  • "The LMC is committed to providing local media companies with the opportunity to access innovative and forward-thinking platforms," said Local Media Consortium CEO Fran Wills.
  • For more information about EX.CO and how the platform is helping publishers grow, please visit www.ex.co .

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 Media Group Extends Employment Agreement With Lee Ann Gliha, Executive Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, December 20, 2023

Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that it has entered into a multi-year extension of its employment agreement with Executive Vice President and Chief Financial Officer, Lee Ann Gliha.

Key Points: 
  • Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that it has entered into a multi-year extension of its employment agreement with Executive Vice President and Chief Financial Officer, Lee Ann Gliha.
  • Ms. Gliha will continue reporting to Nexstar’s Chairman and Chief Executive Officer, Perry Sook.
  • “Lee Ann has had a positive impact on Nexstar since the day she started two-plus years ago,” said Mr. Sook.
  • Lee Ann is a valued member of the executive team, a trusted advisor to me and Nexstar’s Board of Directors, and we are very pleased to be extending her contract.”

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.

Mission Broadcasting and Nexstar Media Group Launch NextGen TV on WPIX-TV in New York City

Retrieved on: 
Thursday, December 14, 2023

Mission Broadcasting, Inc. (“Mission”), and Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”), today announced the launch of NextGen TV on WPIX-TV in New York City, the #1 television market in the country.

Key Points: 
  • Mission Broadcasting, Inc. (“Mission”), and Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”), today announced the launch of NextGen TV on WPIX-TV in New York City, the #1 television market in the country.
  • Mission owns WPIX-TV and Nexstar provides services to the station; the two companies worked together on today’s launch.
  • The New York launch marks the 51st Nexstar-owned or partner market to begin broadcasting with ATSC 3.0.
  • More than 58 million U.S. television households now receive a NextGen TV signal from a Nexstar-owned or partner station.

Nexstar Media Promotes Mike Spruill to Vice President and General Manager of Its Broadcast and Digital Operations in Nashville, Tennessee

Retrieved on: 
Wednesday, December 13, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee (DMA #26), overseeing WKRN-TV (ABC), wkrn.com , and their related social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that it has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee (DMA #26), overseeing WKRN-TV (ABC), wkrn.com , and their related social media channels.
  • Mr. Spruill will assume his new responsibilities immediately and continue reporting to Mike Vaughn, Senior Vice President and Regional Manager for Nexstar.
  • Mr. Spruill’s promotion marks a return to a television station and city that he knows extremely well; he previously served as WKRN’s General Sales Manager from 2015 to early-2020, overseeing all sales operations.
  • “Mike is the ideal executive to lead Nexstar’s broadcast and digital operations in Nashville,” said Mr. Vaughn.