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 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.
Nexstar Media Inc. Promotes Melissa Jones to Vice President and General Manager of its Broadcasting and Digital Operations in Dayton, Ohio
Nexstar Media Inc. promoted Melissa Jones to Vice President and General Manager of its broadcasting and digital operations in Dayton, Ohio (DMA #64), including WDTN-TV (NBC), wdtn.com, and its related digital and social media channels.
Nexstar and altafiber Reach Comprehensive Multi-Year Distribution Agreement
Nexstar Media Group, Inc. and altafiber (formerly Cincinnati Bell Inc.) have reached a comprehensive multi-year distribution agreement covering WDTN-TV, the Nexstar television station serving Dayton, Ohio (DMA #64), and national cable news network, NewsNation.
Nexstar Media Group Announces Shareholder Approval to Eliminate Class B and Class C Share Classes
Nexstar Media Group, Inc. announced that at its 2022 Annual Shareholders’ Meeting, shareholders voted in favor of all proposals recommended by the Board of Directors, including the amendment of the Company’s Amended and Restated Certificate of Incorporation to eliminate its Class B and Class C Common Stock classes.
Nexstar Media Group to Participate in the Credit Suisse 24th Annual Communications Conference
IRVING, TX – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, President and Chief Operating Officer, and Lee Ann Gliha, Executive Vice President and CFO, will be participating in the Credit Suisse 24th Annual Communications Conference, including a fireside chat question-and-answer session on Wednesday, June 15, 2022 at 1:45 p.m. ET. A […]
Nexstar Media Inc. Names Three Veteran Broadcasters as Vice President and General Manager of Media Operations in Salt Lake City, Buffalo, Green Bay and Marquette
Nexstar Media Inc. today announced that it has named three Vice President and General Managers to oversee the company’s local broadcast and media operations in Salt Lake City, UT, Buffalo, NY, Green Bay, WI, and Marquette, MI.
Nexstar Media Group Declares Quarterly Cash Dividend of $0.90 Per Share
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock. The dividend is payable on Friday, May 27, 2022, to shareholders of record on Friday, May 13, 2022.