Net Revenue Drives 3Q Operating Income of $121.6 Million, BCF of $202.6 Million, Adjusted EBITDA of $143.5 Million and Free Cash Flow of $59.5 Million IRVING, Texas – November 6, 2019 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported financial results for the third quarter ended September 30, 2019 as […]
Nexstar Media Group to purchase Charlotte’s FOX and MyNetworkTV affiliates for approximately $45 million and divest Seattle’s FOX and MyNetworkTV affiliates and Milwaukee’s FOX affiliate for approximately $350 million.
Nexstar Broadcasting, Inc. has promoted Kenny Lawrence to Vice President and General Manager of the broadcast and digital operations of its Spartanburg, SC (DMA #38) duopoly, WSPA-TV (CBS), WYCW-TV (CW), WSPA.com and carolinascw.com.
Nexstar Broadcasting is transitioning its advertising sales to a cost-per-impression (CPM) model, working with measurement partner Comscore. Impressions more accurately reflect the total number of people watching a program or commercial and are more comparable to metrics currently used on non-broadcast platforms.
Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of its Class A common stock.
Following a nearly $3 million renovation, Nexstar Broadcasting, Inc. has launched a new state-of-the-art local broadcast facility in Panama City, FL (DMA #149) that will serve as the home of WMBB-TV (ABC) and mypanhandle.com.
Nexstar Broadcasting is expanding local news at its recently acquired Portland (DMA #22) television station, KRCW-TV, “Portland’s CW.” Nexstar will expand the station’s 10 PM newscast to a full hour beginning Oct. 21, and will also add “Game On!”, a sports highlights show on Sunday nights, beginning Oct. 27.
Nexstar Broadcasting, Inc. named J.R. Jackson Vice President and General Manager of KSEE-TV (NBC), KGPE-TV (CBS) and associated mobile / digital operations, including YourCentralValley.com, serving Fresno, CA (DMA #55).
Nexstar Media Group, Inc. will report its 2019 third quarter financial results before the market opens on Wednesday, November 6, 2019. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
Nexstar Broadcasting, Inc. promoted Mark A. Higgins to Vice President and General Manager of its Tampa, FL (DMA #11) duopoly WFLA-TV (NBC) and WTTA-TV (MyNetworkTV), as well as associated digital / mobile operations under wfla.com.