Net Revenue Drives Record 3Q Operating Income of $343.6 Million, Net Income of $189.3 Million BCF of $462.6 Million, Adjusted EBITDA of $443.6 Million and Free Cash Flow of $219.0 Million Allocated $162.5 Million Toward Leverage Reduction and Repurchased $125 Million of Class A Common Shares IRVING, Texas – November 5, 2020 – Nexstar Media […]
Company to Combine Nexstar Broadcasting and Nexstar Digital Subsidiaries to Drive Synergies, Create Operational Efficiencies, Reduce Expenses and Enhance Financial Results Irving, TX – October 22, 2020 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar ” or the “Company”) announced today that effective November 1, 2020 it will combine its two primary operating subsidiaries, merging […]
Irving, TX – October 22, 2020 – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, November 20, 2020, to shareholders of record on Friday, November 6, 2020. While the […]
IRVING, TX (Oct. 12, 2020) – The Nexstar Media Charitable Foundation announced today it will donate $10,000 to Wheeling Health Right Inc., on behalf of WTRF-TV, the Nexstar Inc. television station serving Wheeling, WV, and Steubenville, OH. Wheeling Health Right Inc. is the only free clinic serving northern West Virginia and the Ohio Valley. The […]
Nexstar Stations and Their Media Partners Join South Carolina Chamber of Commerce to Bring Live Debate Coverage to Over Two Million Viewers Across the State SPARTANBURG, SC (October 6, 2020) – Nexstar Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it will host a multi-market live telecast of […]
IRVING, TX (Oct. 2, 2020) – The Nexstar Media Charitable Foundation announced today it will donate $10,000 to the “Giraffe and Friends Capital Campaign” of the Topeka Zoo and Conservation Center, on behalf of KSNT-TV and KTMJ-TV, the Nexstar Inc. television stations serving Topeka and the Northeast region of Kansas. The donation will be used […]
New Newscast First to Report President Trump’s Covid-19 Diagnosis, First to Report the Death of Justice Ruth Bader Ginsburg CHICAGO (October 2, 2020) – In its first month on air, WGN America’s three-hour prime-time national newscast, “NewsNation,” is earning a reputation for being the first media outlet to break national and regional news as it […]
Nexstar’s Portfolio of Television Stations Covering Virginia, Maryland, and Washington, D.C. to Bring Live Debate Coverage to Nearly Five Million Viewers NORFOLK, VA and IRVING, TX (October 1, 2020) – Nexstar Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it will air an exclusive statewide telecast of a debate […]
General Management, Sales, and Marketing Executive with More Than 30 Years of Local Broadcasting Experience to Lead WJET-TV and yourerie.com ERIE, PA and IRVING, TX (September 29, 2020) – Nexstar Broadcasting, Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has appointed Julie Zoumbaris as Vice President and […]
Irving, TX – September 29, 2020 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that Thomas E. Carter has been named President and Chief Operating Officer, effective October 1, 2020. Mr. Carter will retain his current responsibilities as Chief Financial Officer for the foreseeable future. In conjunction with his promotion, […]