Company News

November 21, 2019

Nexstar Broadcasting Promotes Dominic Mancuso To Vice President And General Manager Of Its Television And Digital Operations In Indianapolis, Indiana

35-Year Local Broadcast Veteran to Lead WTTV-TV, WXIN-TV Duopoly INDIANAPOLIS, IN and IRVING, TEXAS (Nov. 21, 2019)– Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc., has named Dominic Mancuso Vice President and General Manager overseeing the broadcast and digital operations of its Indianapolis, IN, duopoly (DMA #25), including […]

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November 12, 2019

Nexstar Media Group Announces Pricing of $665 Million Offering of Additional 5.625% Senior Notes Due 2027

Nexstar Media Group, Inc. wholly-owned subsidiary, Nexstar Broadcasting, Inc., has priced its previously announced offering of $665 million in aggregate principal amount of 5.625% Senior Notes due 2027.

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November 12, 2019

Nexstar Media Group Announces $665 Million Offering of Additional 5.625% Senior Notes Due 2027

Nexstar Media Group, Inc. wholly-owned subsidiary, Nexstar Broadcasting, Inc., intends to offer, subject to market and other customary conditions, up to $665 million in aggregate principal amount of additional 5.625% Senior Notes due 2027 (the “Notes”) in a private offering.

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November 6, 2019

Nexstar Media Group Reports Third Quarter Net Revenue of $663.6 Million

Net Revenue Drives 3Q Operating Income of $121.6 Million, BCF of $202.6 Million, Adjusted EBITDA of $143.5 Million and Free Cash Flow of $59.5 Million IRVING, Texas – November 6, 2019 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported financial results for the third quarter ended September 30, 2019 as […]

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November 5, 2019

Nexstar Media Group Enters into De-Leveraging Buy/Sell Agreements with Fox Television Stations

Nexstar Media Group to purchase Charlotte’s FOX and MyNetworkTV affiliates for approximately $45 million and divest Seattle’s FOX and MyNetworkTV affiliates and Milwaukee’s FOX affiliate for approximately $350 million.

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November 4, 2019

Nexstar Broadcasting Promotes Kenny Lawrence to Vice President and General Manager of its Spartanburg, South Carolina, Television and Digital Operations

Nexstar Broadcasting, Inc. has promoted Kenny Lawrence to Vice President and General Manager of the broadcast and digital operations of its Spartanburg, SC (DMA #38) duopoly, WSPA-TV (CBS), WYCW-TV (CW), WSPA.com and carolinascw.com.

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October 28, 2019

Nexstar Broadcasting Transitions Advertising Sales to Impressions-Based Currency

Nexstar Broadcasting is transitioning its advertising sales to a cost-per-impression (CPM) model, working with measurement partner Comscore. Impressions more accurately reflect the total number of people watching a program or commercial and are more comparable to metrics currently used on non-broadcast platforms.

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October 25, 2019

Nexstar Media Group Declares Quarterly Cash Dividend of $0.45 Per Share

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of its Class A common stock.

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October 23, 2019

Nexstar Launches New State-Of-The-Art Local Broadcast Facility for WMBB-TV, Panama City, Florida

Following a nearly $3 million renovation, Nexstar Broadcasting, Inc. has launched a new state-of-the-art local broadcast facility in Panama City, FL (DMA #149) that will serve as the home of WMBB-TV (ABC) and mypanhandle.com.

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October 21, 2019

Nexstar Broadcasting Expands Local News in Portland

Nexstar Broadcasting is expanding local news at its recently acquired Portland (DMA #22) television station, KRCW-TV, “Portland’s CW.” Nexstar will expand the station’s 10 PM newscast to a full hour beginning Oct. 21, and will also add “Game On!”, a sports highlights show on Sunday nights, beginning Oct. 27.

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