NewsNation | Jotup

Nexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit Facilities

Retrieved on:

Tuesday, June 21, 2022

Other Entertainment, TV and Radio, General Entertainment, Entertainment, NewsNation, Antenna TV, Food Network, Sport, Rewind (TV channel), Nexstar Media Group, Television, Company, Media Group, NXST, Ownership, NASDAQ, Nasdaq, Nexstar

Nexstar Media Group, Inc. (Nasdaq: NXST) (the Company) announced today that Nexstar Media Inc. (Nexstar), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million.

Key Points:

Nexstar Media Group, Inc. (Nasdaq: NXST) (the Company) announced today that Nexstar Media Inc. (Nexstar), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million.
In addition, Mission Broadcasting, Inc. (Mission), a variable interest entity of the Company, has closed a new five-year revolving credit facility in an aggregate principal amount of $75 million.
The net proceeds of the new term loan A and revolving credit facilities were used to repay existing indebtedness and refinance and modestly upsize existing revolving credit facility commitments.
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 and altafiber Reach Comprehensive Multi-Year Distribution Agreement

Retrieved on:

Wednesday, June 15, 2022

Nexstar Media Group, Inc. (NASDAQ: NXST) and altafiber (formerly Cincinnati Bell Inc.) announced today that they have reached a comprehensive multi-year distribution agreement covering WDTN-TV, the Nexstar television station serving Dayton, Ohio (DMA #64), and national cable news network, NewsNation.

Key Points:

Nexstar Media Group, Inc. (NASDAQ: NXST) and altafiber (formerly Cincinnati Bell Inc.) announced today that they have reached a comprehensive multi-year distribution agreement covering WDTN-TV, the Nexstar television station serving Dayton, Ohio (DMA #64), and national cable news network, NewsNation.
The agreement will extend the national reach of NewsNation to altafibers Cincinnati and Dayton subscribers.
As the countrys fastest-growing cable news network, we are very pleased to be adding thousands of new subscribers to our national reach, said Sean Compton, President of the Networks Division of Nexstar Media Inc.
Were looking forward to making our news, analysis and talk programing available to altafiber subscribers in these important markets.

NewsNation Expands Morning News Programming to Four Hours Each Weekday Beginning Monday, June 27

Retrieved on:

Tuesday, June 14, 2022

Following the addition of Early Morning, NewsNation will offer a total of 86 hours of live national news, analysis, and talk every week - more than double the number of news hours on the network at its launch in September 2020.

Key Points:

Following the addition of Early Morning, NewsNation will offer a total of 86 hours of live national news, analysis, and talk every week - more than double the number of news hours on the network at its launch in September 2020.
With James Holm leading the team, Im confident Early Morning will resonate with viewers, as NewsNation continues its expansion to become a 24/7 cable news network.
Following the Early Morning broadcast each day, Mr. Carr will join host Adrienne Bankert and team for Morning in America, NewsNations live national morning newscast airing weekdays from 7 a.m. to 10 a.m.
NewsNation is available across a variety of cable and satellite providers, streaming platforms, online, and on the NewsNationNow app.

Nexstar Media Group Announces Shareholder Approval to Eliminate Class B and Class C Share Classes

Retrieved on:

Monday, June 13, 2022

As of April 25, 2022 Nexstar had approximately 40.4 million shares of Class A common stock outstanding and no shares of Class B Common Stock or Class C Common Stock outstanding.

Key Points:

As of April 25, 2022 Nexstar had approximately 40.4 million shares of Class A common stock outstanding and no shares of Class B Common Stock or Class C Common Stock outstanding.
Nexstars Class A common stock has been the only class of shares outstanding since 2013.
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 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.

From the Producers of Live PD, "On Patrol: Live" (w/t) Heads to Television This Summer on REELZ

Retrieved on:

Wednesday, June 8, 2022

ALBUQUERQUE, N.M., June 8, 2022 /PRNewswire-PRWeb/ -- REELZ announced today that new series ON PATROL: LIVE (w/t), from the producers of "Live PD," is set to premiere this summer, live, Friday and Saturday nights from 9 pm to 12 am ET on REELZ. Following live news-gathering protocols, the series' cameras will document for viewers in real time the everyday work of police officers on patrol from diverse departments across America.

Key Points:

I'm thrilled our team is finally back together and excited that REELZ has committed to making this show front and center on their network."
Police departments and Sheriff's offices featured on ON PATROL: LIVE will be announced in the coming weeks.
He was originally featured on Live PD when it followed the Tulsa Police Department, and later became an analyst.
REELZ is an independent television network focused on celebrity culture with poignant stories about Hollywood in revealing documentaries and character profiles.

Nexstar Media Group to Participate in the Credit Suisse 24th Annual Communications Conference

Retrieved on:

Thursday, June 2, 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 CFO, will be participating in the Credit Suisse 24th Annual Communications Conference, including a fireside chat question-and-answer session on Wednesday, June 15, 2022 at 1:45 p.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 CFO, will be participating in the Credit Suisse 24th Annual Communications Conference, including a fireside chat question-and-answer session on Wednesday, June 15, 2022 at 1:45 p.m.
Please contact your Credit Suisse 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, including 283,000 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.

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

Retrieved on:

Wednesday, May 25, 2022

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

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

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

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.