Tribune Media

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 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 Group Enters Into Definitive Agreement To Divest Two Indianapolis Stations For $42.5 Million

Nexstar Media Group entered into a definitive agreement with Circle City Broadcasting I, a newly-formed minority-led broadcaster controlled and owned by DuJuan McCoy for the sale of two stations in Indianapolis for $42.5 million in cash following the completion of Nexstar’s acquisition of Tribune.

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Nexstar Media Group Enters into Definitive Agreements to Divest Nineteen Stations in Fifteen Markets for $1.32 Billion

Nexstar Media Group, Inc. and Tribune Media Company announced definitive agreements to sell a total of nineteen stations in fifteen markets for an aggregate $1.32 billion in cash following the acquisition of Tribune Media by Nexstar.

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Nexstar Media Group and Tribune Media Company Webcast and Presentation

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and Tribune Media Company (NYSE: TRCO) (“Tribune Media”) announced today that they have entered into a definitive merger agreement whereby Nexstar will acquire all outstanding shares of Tribune Media for $46.50 per share in a cash transaction that is valued at $6.4 billion including the assumption of Tribune […]

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