NXST

Nexstar and Hawaiian Telcom Reach Multi-year Distribution Agreement

Retrieved on: 
Friday, July 21, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) and Hawaiian Telcom today announced that they have reached a comprehensive multi-year distribution agreement covering Nexstar’s three local television stations serving Hawaii, national cable news network, NewsNation, and the company’s digital network, Rewind TV.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) and Hawaiian Telcom today announced that they have reached a comprehensive multi-year distribution agreement covering Nexstar’s three local television stations serving Hawaii, national cable news network, NewsNation, and the company’s digital network, Rewind TV.
  • The agreement means that thousands of Hawaiian Telecom subscribers will once again be able to enjoy Nexstar’s high-quality national and local content without interruption, including their favorite network entertainment programming, Women’s World Cup soccer matches, and the in-depth local news, weather and sports coverage provided by KHON-TV, KHON2 and KHII-TV.
  • Financial terms of the agreement we not disclosed.

Nexstar Names Mitzi Coleman as Vice President and General Manager of Its Broadcasting and Digital Operations Serving Wheeling, West Virginia and Steubenville, Ohio

Retrieved on: 
Wednesday, July 19, 2023

Ms. Coleman is taking over for Roger Lyons, who is retiring after serving as WTRF-TV’s Vice President and General Manager for the past 19 years and a nearly 50-year career in broadcasting.

Key Points: 
  • Ms. Coleman is taking over for Roger Lyons, who is retiring after serving as WTRF-TV’s Vice President and General Manager for the past 19 years and a nearly 50-year career in broadcasting.
  • Ms. Coleman will begin her new duties immediately and report to Traci Wilkinson, Senior Vice President and Regional Manager for Nexstar.
  • “Mitzi is the ideal choice to succeed Roger and she will build on the station’s well-established legacy of outstanding local news and service to the community,” said Ms. Wilkinson.
  • “I am extremely grateful to Nexstar for giving me the opportunity to lead WTRF-TV’s broadcast and digital operations here in Wheeling, and across parts of Ohio and Pennsylvania,” said Ms. Coleman.

Nexstar Promotes Larry Cottrill to Vice President and General Manager of Its Broadcasting and Digital Operations Serving Columbus, Ohio

Retrieved on: 
Wednesday, July 19, 2023

Mr. Cottrill is taking over for Ken Freedman, who is retiring after serving as WCMH-TV’s Vice President and General Manager since 2017 and a 44-year career in broadcasting.

Key Points: 
  • Mr. Cottrill is taking over for Ken Freedman, who is retiring after serving as WCMH-TV’s Vice President and General Manager since 2017 and a 44-year career in broadcasting.
  • Mr. Cottrill will begin his new duties on August 7, and report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar.
  • Mr. Cottrill oversaw the successful integration of WRIC-TV’s operation into Nexstar and directed the consolidation and realignment of station operations.
  • “Larry is a great choice to succeed Ken as Vice President and General Manager of our Columbus media properties,” said Mr. Stewart.

Nexstar Media Group to Report 2023 Second Quarter Results, Host Conference Call and Webcast on August 8

Retrieved on: 
Wednesday, July 5, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 second quarter financial results on Tuesday, August 8, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 second quarter financial results on Tuesday, August 8, 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 13739608 (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 Announces Shareholder Approval to Declassify the Board of Directors

Retrieved on: 
Friday, June 16, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2023 Annual Shareholders’ Meeting yesterday shareholders voted to:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2023 Annual Shareholders’ Meeting yesterday shareholders voted to:
    amend the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) to (i) declassify the Company’s Board of Directors, (ii) provide the federal district courts as the sole and exclusive forum for the resolution of any Securities Act complaint unless the Company consents in writing to the selection of an alternative forum, (iii) provide exculpation of certain Company officers from liability in specific circumstances, and (iv) eliminate certain provisions that are no longer effective or applicable,
    elect all nominees up for election to Nexstar’s Board of Directors,
    ratify PricewaterhouseCoopers LLP as Nexstar’s registered public accounting firm for the fiscal year ending December 31, 2023,
    affirm the executive compensation of the Company’s named executive officers,
    select every year as the frequency of advisory voting of executive compensation, and
    reject a stockholder proposal to adopt a policy to require the Chair of the Board be an independent director who has not previously served as an Executive Officer of the Company.

Nexstar Television Stations in Philadelphia, San Francisco, and Tampa to Become Affiliated With The CW Network on September 1

Retrieved on: 
Wednesday, June 14, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in three of the nation’s top-15 television markets, including WPHL-TV in Philadelphia (DMA #4), KRON-TV in San Francisco (DMA #10), and WTTA-TV in Tampa (DMA #13), will become affiliates of The CW Network on September 1, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in three of the nation’s top-15 television markets, including WPHL-TV in Philadelphia (DMA #4), KRON-TV in San Francisco (DMA #10), and WTTA-TV in Tampa (DMA #13), will become affiliates of The CW Network on September 1, 2023.
  • All three stations will begin carrying the network’s primetime entertainment, live sports, and special event programming at that time.
  • The fully ad-supported CW App, with more than 95 million downloads to date, is available for free to consumers on all major digital platforms.
  • Dennis Miller, President of The CW Network, commented, “These stations in Philadelphia, San Francisco, and Tampa have deep relationships with their viewers, advertisers, and the communities they serve; they are a great addition to the CW family and will help us better shape the future of the network.”

Nexstar Promotes Carter Murphy to Vice President and General Manager of Its Broadcasting and Digital Operations Serving Augusta, Georgia and Aiken, South Carolina

Retrieved on: 
Friday, June 9, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the promotion of Carter Murphy to Vice President and General Manager of its broadcast and digital operations serving Augusta, Georgia, and Aiken, South Carolina (DMA #110), including WJBF-TV and wjbf.com, and their related mobile apps and social media channels.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the promotion of Carter Murphy to Vice President and General Manager of its broadcast and digital operations serving Augusta, Georgia, and Aiken, South Carolina (DMA #110), including WJBF-TV and wjbf.com, and their related mobile apps and social media channels.
  • He is taking over for Bill Stewart, who is retiring after serving as WJBF-TV’s Vice President and General Manager since 2007.
  • Mr. Murphy, who has 25 years of experience in the market, will begin his new duties on July 3 and report to Ron Romines, Senior Vice President and Regional Manager for Nexstar.
  • He served as Local Sales Manager at the station from 2007 to 2021, when he was promoted to General Sales Manager.

Nexstar Media Group to Participate in Upcoming May Investor Conferences

Retrieved on: 
Monday, May 8, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that senior management will be participating in the following investor conferences in May 2023:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that senior management will be participating in the following investor conferences in May 2023:
    JPMorgan 51st Annual Global Technology, Media and Communications Conference
    A live webcast of each fireside chat will be available through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at www.nexstar.tv .
  • Replays of the webcasts will be available on the Company’s website for 30 days.
  • Please contact your SVB MoffettNathanson or JPMorgan sales representative to register for the conferences.

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

Retrieved on: 
Friday, April 28, 2023

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 Friday, May 26, 2023, to shareholders of record on Friday, May 12, 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.

Nexstar Media Group to Report 2023 First Quarter Results, Host Conference Call and Webcast on May 9

Retrieved on: 
Monday, April 10, 2023

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 first quarter financial results on Tuesday, May 9, 2023.

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 first quarter financial results on Tuesday, May 9, 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 13737773 (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 .