Nexstar Media Group, Inc. announced today that it has closed its previously announced acquisition of a 75% ownership interest in The CW Network LLC. Nexstar also announced that Dennis Miller has been named President of The CW, effective immediately. Mr. Miller is assuming leadership of The CW from Mark Pedowitz.
Nexstar Media Group, Inc. (NASDAQ: NXST) will report its 2022 third quarter financial results on Tuesday, November 8, 2022. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
Grant is Part of Nexstar’s Four-Year $2 Million Partnership with Feeding America IRVING, TX (September 1, 2022)—The Nexstar Media Charitable Foundation today announced that it has made another $50,000 donation to Feeding America®, the nation’s largest domestic hunger relief organization, to assist with Feeding America’s promotion of “Hunger Action Month,” which begins today, September 1. […]
Nexstar Media Group, Inc. (NASDAQ: NXST) announced that Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the BofA Securities Media, Communications and Entertainment Conference on Wednesday, September 7, 2022.
Nexstar Media Group (Nasdaq: NXST) has entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network. Warner Bros. Discovery (Nasdaq: WBD) and Paramount Global (Nasdaq: PARA, PARAA), the current co-owners of The CW, will each retain a 12.5 percent ownership interest in The CW.
Net Revenue Drives Record Q2 Operating Income of $333.4 Million, Net Income of $226.5 Million, Adjusted EBITDA of $486.3 Million and Free Cash Flow of $219.0 Million All-Time High Quarterly and Six Month Return of Capital to Shareholders of $284.3 Million and $479.5 Million, Respectively IRVING, Texas – August 4, 2022 – Nexstar Media Group, […]
Nexstar Media Group, Inc. announced that its Board of Directors has extended the employment agreement of Chief Executive Officer, Perry A. Sook, through March 31, 2026. In addition to his responsibilities as Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman and he remains a top shareholder of the Company.
Nexstar Media Group announced that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its common stock and approved a new $1.5 billion share repurchase program. Nexstar’s Board also voted to recommend that shareholders approve an amendment to its corporate charter to declassify the Board of Directors.
IRVING, Texas (July 5, 2022) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2022 second quarter financial results on Thursday, August 4, 2022. 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 […]
Refinancing Reduces Annual Interest Expense and Extends Maturities IRVING, TX (June 21, 2022) – 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 […]