NXST

Major Broadcasters Launch NextGen TV on Six Local Television Stations in Shreveport, LA

Retrieved on: 
Tuesday, June 28, 2022 - 8:45pm

The leading television stations serving the Shreveport television market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology.

Key Points: 
  • The leading television stations serving the Shreveport television market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology.
  • NextGen TV adds a new dimension to TV viewing, with vibrant video and new Voice+ dialogue enhancement that brings voices to the foreground.
  • Features available on NextGen TV will vary by device and station as broadcasters roll out service across the country.
  • Those stations will broadcast their own programming, as well as the programming of the other participating stations, in NextGen TV format.

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

Retrieved on: 
Tuesday, June 21, 2022 - 7:30pm

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 - 1:00pm

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 - 2:00pm

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 - 10:00pm

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.

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Fresno-Visalia

Retrieved on: 
Thursday, June 9, 2022 - 7:33pm

The leading television stations serving the Fresno-Visalia market today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology.

Key Points: 
  • The leading television stations serving the Fresno-Visalia market today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology.
  • NEXTGEN TV adds a new dimension to TV viewing, with vibrant video and new Voice+ dialogue enhancement that brings voices to the foreground.
  • Features available on NEXTGEN TV will vary by device and station as broadcasters roll out service across the country.
  • Shoppers should look for the NEXTGEN TV logo to be sure a TV or device is compatible with ATSC 3.0 signals.

Major Broadcasters Launch NextGen TV On Five Local Television Stations in Greenville, SC

Retrieved on: 
Thursday, June 2, 2022 - 8:20pm

The leading television stations serving the Greenville-Spartanburg-Asheville-Anderson market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology.

Key Points: 
  • The leading television stations serving the Greenville-Spartanburg-Asheville-Anderson market 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 Greenville follows a decade of development and months of planning and preparation by the local stations.
  • WMYA-TV will broadcast its own programming, as well as the programming of the other participating stations, in NextGen TV format.

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

Retrieved on: 
Thursday, June 2, 2022 - 6:30pm

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 - 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.

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.