“Nexstar reported its fourth-quarter 2022 earnings Tuesday, revealing its core ad sales fell 3.3% from Oct. 1-Dec. 31, the quarter following the finalization of its purchase of 75% of the CW Network, but political ad revenue was up 1,306.9% due to the 2022 midterm elections.” Click here to continue reading via Variety.
“Nexstar CEO Perry Sook said the company’s acquisition of the CW has already paid for itself in terms of adding muscle to the company’s distribution negotiations.” Click here to continue reading via Deadline.
“Amidst overall soaring political ad revenue, Nexstar Media Group’s core advertising suffered in the fourth quarter due to softness in the national TV market as well displacement of political advertising in the period.” Click here to continue reading via MediaPost.
“Local TV giant Nexstar reported a blockbuster fourth quarter, driven mostly by explosive growth in political advertising. That is especially clear when looking at the company’s core advertising revenue (which does not include political), which was down slightly year-over-year, consistent with the rest of the industry.” Click here to continue reading via The Hollywood Reporter.
Nexstar Media Group, Inc. will host a conference call and webcast at 10:00 a.m. ET on Tuesday, February 28, 2023, review its 2022 fourth quarter and full year financial results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784 conference ID 13735877 (domestic and international callers). Participants can also listen […]
Q4 Consolidated Net Revenue Drives Operating Income of $294.0 Million, Net Income of $178.1 Million, Consolidated Adjusted EBITDA of $598.2 Million and Attributable Free Cash Flow of $422.1 Million Excluding The CW Network, LLC Q4 Adjusted EBITDA of $661.8 Million and Free Cash Flow of $458.1 Million All-Time High Quarterly and Full Year Return of […]
IRVING, TX (February 27, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will be participating in the Morgan Stanley Technology, Media & Telecom Conference, including a fireside chat question-and-answer session on Tuesday, March 7, 2023 […]
Experienced News Executive Will Oversee Company’s National Digital News Programming IRVING, TX (February 24, 2023) – Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that Joe Ruffolo has been named to the newly created position of Senior Vice President and General Manager for The Hill and NewsNation […]
Apps Offer Personalized Line-up of News Highlights Drawn from Content on NewsNation and Nexstar Media Inc. Television Stations Chicago, Feb. 21, 2023—NewsNation, a Nexstar Media Group, Inc. (“Nexstar”) property and the nation’s fastest growing cable news network, today announced the launch of all-new NewsNation-branded connected-television apps on a variety of major platforms, including Roku, AppleTV, […]
Unscripted Series from VICE Media Group, Penske Entertainment & NTT INDYCAR SERIES to Chronicle Road to the Indianapolis 500 Mile Race Watch New “100 Days to Indy” Promo Here: https://youtu.be/nGeh5w0qtFo February 17, 2023 (Burbank, CA) — Let the countdown begin. Today, on the 100th day until the start of the world’s premier motorsports competition, the […]