Nexstar Media Group, Inc. announced that its Board of Directors approved a 25 percent increase in the quarterly cash dividend to $0.70 per share. The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.0 billion of its Class A common stock.
Nexstar Media Group, Inc. announced the appointment of Bernadette Aulestia to its Board of Directors effective January 27. Ms. Aulestia will serve as a Class I Director and will stand for election at the 2022 annual meeting of shareholders and will also serve on the Board’s compensation committee.
“The COVID-19 pandemic is forcing Gov. Greg Abbott to shed the trappings of a high-profile event and deliver this session’s State of the State speech next week on live TV, from a small business in the greater Austin area.” Click here to continue reading via The Dallas Morning News.
“A recent arrival to primetime cable news is rebranding and expanding to create a larger presence in a field that includes CNN, Fox News Channel and MSNBC.” Click here to continue reading via USA TODAY.
“WGN America, which has been focused on entertainment and sports for most of its lifespan, is preparing to go all-in on news.” Click here to continue reading via Adweek.
“After more than 42 years of serving America from Michigan Avenue and the “Magnificent Mile,” a former integral piece of the Tribune Media family is fading to black.” Click here to continue reading via Radio + Television Business Report.
“WGN America is rebranding as NewsNation as part of its bid to shake its entertainment, Chicago-based roots and become a national news rival to CNN, MSNBC and Fox. ” Click here to continue reading via the Daily Mail.
“Nexstar Media Group today announced plans to rebrand its WGN America channel as NewsNation. It will also expand the programming line-up at the all-news network launched last year under the same name as a “fact-based and unbiased” alternative to CNN, MSNBC, and Fox News.” Click here to continue reading via Forbes.
“Nexstar’s WGN America will rebrand itself NewsNation as of March 1 when the cabler expands its volume of daily newscasts to five hours a day.” Click here to continue reading via Variety.
“WGN America is rebranding as NewsNation in March when the cable network adds new programming. The move is the next step in the channel’s mission to compete with cable news leaders CNN and Fox News.” Click here to continue reading via The Wrap.