Dividend Represents a 2.8% Annualized Yield Based on the Closing Stock Price on January 26, 2023 Increase Marks Tenth Consecutive Annual Cash Dividend Increase IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 50% increase to its quarterly cash dividend to $1.35 per share beginning with […]
Nexstar Media Group, Inc. today announced the appointment of innovative and experienced sales and advertising executive Michael Strober as Executive Vice President and Chief Revenue Officer, responsible for leading the reimagination and execution of a new advertising sales and go-to-market strategy for the Company.
Nexstar Media Group, Inc. announced today that it has closed its previously announced acquisition of a 75% ownership interest in The CW Network LLC. Nexstar also announced that Dennis Miller has been named President of The CW, effective immediately. Mr. Miller is assuming leadership of The CW from Mark Pedowitz.
Grant is Part of Nexstar’s Four-Year $2 Million Partnership with Feeding America IRVING, TX (September 1, 2022)—The Nexstar Media Charitable Foundation today announced that it has made another $50,000 donation to Feeding America®, the nation’s largest domestic hunger relief organization, to assist with Feeding America’s promotion of “Hunger Action Month,” which begins today, September 1. […]
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.
Proven Senior Legal Executive with 25 Years of Experience to Join Nexstar in June IRVING, TX (April 28, 2022)—Nexstar Media Group, Inc. (NASDAQ: NXST), the largest local media company in the United States, today announced the appointment of Rachel Morgan as Executive Vice President and General Counsel, effective June 20. Ms. Morgan will report to […]
Nexstar Media Group, Inc. (Nasdaq: NXST) Board of Directors voted to recommend that shareholders approve an amendment to its corporate charter to eliminate the Company’s Class B Common Stock and Class C Common Stock classes.
Nexstar Media Group, Inc. (Nasdaq: NXST) announced that its Board of Directors approved a 29% increase in the quarterly cash dividend to $0.90 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2022.
Nexstar Donates Special News Coverage and Public Service Announcements Valued at $1.6 Million Across its Television and Digital Platforms During “Hunger Action Month” IRVING, TX — Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it has been recognized as a “Leadership Partner” by Feeding America® in honor of the company’s efforts to raise awareness […]
Net Revenue Drives Q3 Operating Income of $277.4 Million, Net Income of $169.2 Million, Adjusted EBITDA of $410.4 Million and Free Cash Flow of $251.7 Million Acquired Digital Media Political News Platform, The Hill; Launched New Multicast Network, Rewind TV, to 50 Million Homes; and, Expanded Original Programming on National Cable News Network, NewsNation Returned […]