Dividend Represents a 4.7% Annualized Yield Based on the Closing Stock Price on January 28, 2025 Increase Marks Twelfth Consecutive Annual Cash Dividend Increase IRVING, Texas (January 29, 2025) – Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per […]
Programming Already Restored for Two Million Viewers, Including NFL Playoff Games and Local News IRVING, TX and NEW YORK (January 18, 2025) – Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA’s Optimum […]
IRVING, Texas (January 16, 2025) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties […]
Outage Affects Two Million Local Viewers in 42 Markets Across the Country and Nexstar’s National Cable News Network, NewsNation IRVING, TX (JAN. 10, 2025) – Today at 5 p.m. ET, Altice USA removed from its Optimum cable systems the network and local programming provided by Nexstar Media Group, Inc. (NASDAQ: NXST) on 63 local television […]
Multi-Year Renewal Covers 33 Affiliated Nexstar-owned and Partner Television Stations IRVING, TX (Jan. 8, 2025) – Nexstar Media Group, Inc. (NASDAQ: NXST) and NBCUniversal have reached a comprehensive multi-year agreement to renew NBC Television Network affiliations in 33 markets across the country, including 29 stations owned by Nexstar, three owned by Mission Broadcasting, Inc., and […]
“EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery January 7, 2025 — Four of the nation’s largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries […]
IRVING, TX (November 27, 2024) — Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in December. Among other topics, management will address its record financial results in 2024 to date, the impact of broadcast television political advertising on the outcome of the 2024 election, and […]
Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $36 Million Quarterly Return of Capital to Shareholders of […]
IRVING, Texas – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, November 29, 2024, to shareholders of record on Friday, November 15, 2024. While the Company intends to pay regular quarterly […]
IRVING, TX (Aug. 22, 2024)—Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW […]