Company News

Nexstar Media Group Enters Into Definitive Agreement To Divest Two Indianapolis Stations For $42.5 Million

Nexstar Media Group entered into a definitive agreement with Circle City Broadcasting I, a newly-formed minority-led broadcaster controlled and owned by DuJuan McCoy for the sale of two stations in Indianapolis for $42.5 million in cash following the completion of Nexstar’s acquisition of Tribune.

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Nexstar Media Group Enters into Definitive Agreements to Divest Nineteen Stations in Fifteen Markets for $1.32 Billion

Nexstar Media Group, Inc. and Tribune Media Company announced definitive agreements to sell a total of nineteen stations in fifteen markets for an aggregate $1.32 billion in cash following the acquisition of Tribune Media by Nexstar.

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Nexstar Media Group Fourth Quarter Net Revenue Rises 22.1% To A Record $798.0 Million

Net Revenue Growth Drives Record 4Q Operating Income of $272.8 Million and Net Income of $154.5 Million  Record BCF of $379.9 Million, Adjusted EBITDA of $352.8 Million and Free Cash Flow of $249.9 Million IRVING, Texas – February 26, 2019 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported record financial […]

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Nexstar Media Group Extends Employment Agreement of President and Chief Executive Officer, Perry A. Sook, Through February 2023

IRVING, Texas (January 16, 2019) – Nexstar Media Group, Inc. (the “Company”) (Nasdaq: NXST), announced today that its Board of Directors has extended the employment agreement of President and Chief Executive Officer, Perry A. Sook through February 28, 2023.  In addition to his responsibilities as President and Chief Executive Officer, Mr. Sook also serves as […]

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