Press Releases

March 2, 2020

Nexstar Media Group Completes Transactions with Fox Television Stations Adding Two Charlotte Stations and Divesting Three Stations in Seattle and Milwaukee

Net After Tax Proceeds of Approximately $240 Million to be Applied to Debt Reduction and General Corporate Purposes IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) (the “Company” or “Nexstar”) announced today that it completed the previously announced purchase and sale agreements with Fox Television Stations, LLC, a subsidiary of Fox Corporation (Nasdaq: […]

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February 26, 2020

Nexstar Media Group Fourth Quarter Net Revenue Rises 37.9% To A Record $1.1 Billion

Net Revenue Drives 4Q Operating Income of $256.5 Million, and Net Income of $113.9 Million Record BCF of $416.8 Million, Adjusted EBITDA of $379.2 Million and Free Cash Flow of $173.9 Million Repurchases $45.1 Million of Common Shares in the Fourth Quarter Initiates Pro-Forma Average Annual Free Cash Flow Guidance for the 2020/2021 Cycle of […]

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February 19, 2020

Chicago Fire Football Club and Chicago’s Very Own WGN-TV Announce Landmark Multi-Year Broadcast Agreement

24 Chicago Fire matches will air on WGN-TV in 2020 CHICAGO (February 19, 2020) Chicago Fire Football Club and Chicago’s Very Own WGN-TV today announced a multi-year partnership that will make WGN-TV the home for all locally broadcast Fire home and away matches. Coverage will begin with the 2020 season as the Club returns to […]

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February 6, 2020

Nexstar Media Group Names Sharon Rachal Vice President and General Manager of its Broadcasting and Digital Operations in Champaign-Springfield, Illinois

Nexstar Broadcasting, Inc. appointed Sharon Rachal to Vice President and General Manager of its broadcasting and digital operations in Champaign-Springfield, IL (DMA #88), including WCIA-TV (CBS), WCIX-TV (MyNet) and WCIA.com.

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February 3, 2020

Nexstar Media Group Promotes Andrew Wyatt to Manage All of its Broadcasting and Digital Operations in the Washington, D.C. Area

Nexstar Broadcasting, Inc., has promoted Andrew Wyatt to manage all of the Company’s broadcast and digital operations in the Washington, D.C. area (DMA #7).

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January 31, 2020

Nexstar Media Group Increases Quarterly Cash Dividend by 24.4 Percent

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 24.4 percent increase in the quarterly cash dividend to $0.56 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2020.

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January 27, 2020

Nexstar Broadcasting to Launch Live Local Weekday Morning News Programming on Portland Television Station, KRCW-TV

Nexstar Broadcasting is launching a live two-hour local morning news show on KRCW-TV. Debuting February 3, “KOIN News AM Extra” will air weekdays from 7 AM to 9 AM, and offer a mix of local news, weather, sports and traffic, as well as a variety of lifestyle features focused on living in the greater Portland area.

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January 23, 2020

Nexstar Media Group Names Janene Drafs as Vice President and General Manager of its Broadcast and Digital Operations in Los Angeles

Nexstar Broadcasting, Inc. appointed Janene Drafs as Vice President and General Manager of its broadcast and digital operations in Los Angeles, CA (DMA #2), overseeing KTLA-TV and its related website, mobile applications and social media channels.

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January 15, 2020

Nexstar Media to Launch Prime-Time National Newscast on WGN America, Cable Network Reaching 75 Million U.S. Households

Nexstar Media Group’s cable network, WGN America will launch a live daily national newscast. Beginning this summer, “News Nation,” will air in prime-time and will draw on the expertise of Nexstar’s 5,400 local journalists in 110 local newsrooms across the country.

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January 13, 2020

Nexstar Digital Partners with Mediaocean To Enable Buying of OTT, Display, Video and Linear on Spectra

New Partnership Lets Advertisers Tap into Nexstar Digital’s Audience of 106MM Monthly Uniques and 63% of U.S. TV Households in Coordination with Nexstar Broadcasting Irving, TX and New York, NY – (January 13, 2020) – Nexstar Digital, a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), the largest local television broadcaster in the […]

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