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 […]
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 […]
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 […]
Nexstar Media Group, Inc. (Nasdaq: NXST) President and Chief Executive Officer, Perry A. Sook and Executive Vice President and Chief Financial Officer, Thomas Carter, are participating in the Deutsche Bank 28th Annual Media & Telecom Conference on Tuesday, March 10, 2020.
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: […]
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 […]
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.
Nexstar Media Group, Inc. (Nasdaq: NXST) President and Chief Executive Officer, Perry A. Sook and Executive Vice President and Chief Financial Officer, Thomas Carter, are participating in the 2019 Guggenheim Broadcasting Symposium – Part II on Thursday, October 17, 2019.
Nexstar Media Group launched of the “Border Tour,” a new television and digital news series documenting real stories at the southern barrier. The series spotlights Nexstar’s new ongoing local content initiative BorderReport.com, a multi-media digital news platform covering the US-Mexico border.
Nexstar Media Group, Inc. completed its previously announced acquisition of Tribune Media Company in an accretive transaction valued at approximately $7.2 billion, creating the nation’s largest local television broadcaster.