Nexstar Media Group Acquisition of The CW Network Webcast
Nexstar will host a conference call and webcast on Monday, August 15, at 10:00AM ET to review The CW Network transaction.
Nexstar Media Group to Acquire The CW Network
Nexstar Media Group (Nasdaq: NXST) has entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network. Warner Bros. Discovery (Nasdaq: WBD) and Paramount Global (Nasdaq: PARA, PARAA), the current co-owners of The CW, will each retain a 12.5 percent ownership interest in The CW.
Nexstar Digital Launches The Hill TV Streaming Channel on Plex
The Hill brings its trusted, credible, and non-partisan political coverage to the growing OTT marketplace Washington, D.C. – August 10, 2022: The Hill, America’s premier source for political and policy news, has launched a streaming channel, marking its first foray into OTT (Over The Top). The Hill is part of Nexstar Digital, the digital business of […]
Nexstar Media Group Reports Record Second Quarter Net Revenue of $1.25 Billion
Net Revenue Drives Record Q2 Operating Income of $333.4 Million, Net Income of $226.5 Million, Adjusted EBITDA of $486.3 Million and Free Cash Flow of $219.0 Million All-Time High Quarterly and Six Month Return of Capital to Shareholders of $284.3 Million and $479.5 Million, Respectively IRVING, Texas – August 4, 2022 – Nexstar Media Group, […]
70 years of WGN Radio audio to be archived at Northwestern Libraries
EVANSTON, Ill. — For 100 years, WGN Radio has been a source of all-talk programming that has connected Chicagoland — and well beyond, thanks to the impressive broadcast range of the 50,000-watt station at 720 AM. Its lineup of memorable hosts, long-running cultural programming and avid local sports coverage has enshrined WGN Radio as a […]
Nexstar Media Group Extends Employment Agreement of Chief Executive Officer, Perry A. Sook, Through March 2026
Nexstar Media Group, Inc. announced that its Board of Directors has extended the employment agreement of Chief Executive Officer, Perry A. Sook, through March 31, 2026. In addition to his responsibilities as Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman and he remains a top shareholder of the Company.
Nexstar Media Group Declares Quarterly Cash Dividend, Announces New $1.5 Billion Share Repurchase Authorization and Plan to Declassify Board Of Directors
Nexstar Media Group announced that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its common stock and approved a new $1.5 billion share repurchase program. Nexstar’s Board also voted to recommend that shareholders approve an amendment to its corporate charter to declassify the Board of Directors.
Chris Cuomo To Join NewsNation’s Prime-Time Line-Up This Fall
New York, NY (July 26, 2022) – NewsNation, America’s fastest growing cable news network, today announced that Chris Cuomo, the award-winning broadcast journalist and attorney, will be joining its prime-time line-up this fall as the host of his own show. Mr. Cuomo appeared on “Dan Abrams Live” tonight at 9 p.m. ET, 8 p.m. CT, […]
(WSJ) Chris Cuomo Gets New TV-Host Gig With NewsNation
“Chris Cuomo has found a new cable-TV news home—albeit with a much-smaller audience—less than a year after being fired by CNN.” Click here to continue reading via Wall Street Journal.
(LA Times) NewsNation signs Chris Cuomo, who will be back on cable news this fall
“Veteran TV journalist Chris Cuomo is coming back to cable news with a new prime-time program on NewsNation starting in the fall, less than a year after his messy breakup with CNN.” Click here to continue reading via the Los Angeles Times.