Accomplished Broadcast Executive with Over 20 Years of Broadcasting and Sales Management Experience to Lead KTSM-TV and ElPasoProud.com
EL PASO and IRVING, Texas, May 21, 2015 – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that David Candelaria has been appointed Vice President and General Manager of KTSM-TV (NBC/Estrella) and the associated mobile and digital operations under ElPasoProud.com which serve the El Paso, TX market (DMA #91). The appointment is effective immediately and Mr. Candelaria will report to Julie Pruett, Senior Vice President of Nexstar Broadcasting.
A highly accomplished broadcast media executive, David Candelaria has more than two decades of experience managing television, radio and digital media platforms in highly competitive markets. Prior to joining Nexstar, Mr. Candelaria was with Entravision Communications for seventeen years where he acted as the VP and General Manager of two broadcast television stations KINT-TV (Univision/Telefutura) and KTFN-TV (Unimas) and five radio stations, as well as their associated digital media platforms which serve the El Paso, TX market. During his tenure at Entravision, he developed and led highly effective teams that executed creative sales, marketing and digital media strategies resulting in local and national revenue share dominance while significantly increasing customer retention and new local direct business partnerships.
Importantly, Mr. Candelaria launched Entravision’s Hispanic language flagship station in El Paso to address the needs of the local Latino community that was historically severely underserved in this market –an initiative that resulted in higher levels of Spanish language programming and news coverage as well as economic growth through local job creation. Prior to that, Mr. Candelaria was the General Sales Manager, National Sales Manager, and Member of the Board of Directors of Paso Del Norte Broadcasting Corporation for six years before successfully negotiating the sale of the company to Entravision in 1997.
In recognition of his local community involvement and service, he was awarded the National Minority Enterprise Development Award in 2013, a distinction that is presented to the individual and media company that has achieved notable success in advancing public awareness of the positive impact of minority-owned businesses on the global economy. Mr. Candelaria was also the 2003 recipient of the Hispanic Chamber of Commerce Moving Forward Award, which is the highest honor bestowed upon a member of the Hispanic community for vision and leadership as well as furthering and empowering the people of El Paso, the small business community, and tomorrow’s leaders.
Commenting on the appointment, Julie Pruett stated, “David has an impressive, diversified industry background and is a highly respected leader whose exceptional service and community involvement is acknowledged by local viewers, advertisers, businesses and community organizations in El Paso and throughout the region. In addition to leading teams that delivered effective marketing solutions for local and national advertisers, he has a proven long-term record of exceeding economic goals by implementing innovative programming strategies and unique digital concepts while elevating the level of service provided to the local community. Throughout his career David has demonstrated a results-oriented and entrepreneurial approach to the business of broadcasting and a deep dedication to the local El Paso community. We are confident that his valuable management and strong relationships will enhance the position of our broadcasting and digital media operations in El Paso. Localism is our top priority at Nexstar and with David’s many years of success and notable achievements, we have the highest degree of confidence in his ability to continue elevating the value and service of KTSM-TV and ElPasoProud.com to the local market.”
Commenting on his new role, David Candelaria stated, “Nexstar has established a long-term reputation for serving the public interests and needs of local viewers, hometown businesses, and organizations in the markets where it operates. I am deeply committed to the extraordinary local community in El Paso, where my family and many of my close business contacts and personal friends reside. In my new role, I will utilize the management and marketing experience I have garnered over my career to further grow the operations while delivering excellent results and superior levels of service to our local viewers and advertisers. I look forward to working with the exceptional team of broadcasters at our El Paso station and digital operations as we continue our work in developing local viewership and enhancing the effectiveness and value of our marketing solutions platform.”
Mr. Candelaria attended Texas Lutheran College from 1976-1977 as a biology major and was a member of the football team. He then attended UTEP from 1978-1981 as a biology major and finished his studies at UT Dallas in 1982. He currently serves on the Board of Directors for the Hispanic Chamber of Commerce, Texas Association of Broadcasters, Unity Way, El Paso Country Club, and Child Crises Center. He is the Board President of the El Paso Association of Radio Stations. He also serves as an Advisor to the UTEP Communications Department. Mr. Candelaria has been recognized in media publications including Dallas Morning News and the Wall Street Journal.
Mr. Candelaria resides in El Paso.
About Nexstar Broadcasting Group, Inc.
Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 107 television stations and related digital multicast signals reaching 58 markets or approximately 18.0% of all U.S. television households. Nexstar’s portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, Bounce TV, Me-TV, LATV, RTV, Estrella, This TV, Weather Nation Utah, Movies!, and News/Weather. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.
This news release includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this news release, concerning, among other things, changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, our ability to service and refinance our outstanding debt, successful integration of acquired television stations (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets served by the Company, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this news release might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.
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