Perry Sook

Nexstar Media Group Reports Record Second Quarter Net Revenue of $915.0 Million

Net Revenue Drives Record 2Q Operating Income of $196.3 Million, Net Income of $98.1 Million BCF of $290.8 Million, Adjusted EBITDA of $292.8 Million and Free Cash Flow of $194.9 Million IRVING, Texas – August 5, 2020 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported financial results for the second […]

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Nexstar Media Group First Quarter Net Revenue Rises 74.2% To a Record $1.1 Billion

Net Revenue Drives 1Q Operating Income of $305.0 Million, Net Income of $157.7 Million BCF of $430.0 Million, Adjusted EBITDA of $557.7 Million and Free Cash Flow of $423.0 Million Allocates $457 Million in Cash Toward Leverage Reduction and Repurchases $72.6 Million of Class A Common Shares in the First Quarter IRVING, Texas – May […]

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Nexstar Charitable Foundation Donates $10,000 To “One KC”

Kansas City Area Broadcasters Unite to Help Local Residents Affected by the Coronavirus Pandemic Contribution Made on Behalf of WDAF-TV/FOX4, FOX4KC.com, and Their Employees IRVING, TX (April 16, 2020) – The Nexstar Charitable Foundation announced today it will donate $10,000 to “One KC,” a one-day fundraising effort on the part of Kansas City area broadcasters […]

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Nexstar Charitable Foundation Donates $25,000 To “Feeding Illinois”

Contribution Made on Behalf of Nexstar’s Media Operations Across Illinois WGN Radio, WGN-TV, WCIA-TV, WCIX-TV, WHBF-TV, KGCW-TV, KLJB-TV, WMBD-TV, WYZZ-TV, WQRF-TV, WTVO-TV, and Cable Network WGN America Join Illinois Broadcasters in Fight Against Hunger IRVING, TX (Mar. 27, 2020) – The Nexstar Media Charitable Foundation announced today it will donate $25,000 to “Feeding Illinois,” as part […]

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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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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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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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