Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

Earnings data Q1 2021

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Nexstar Media Group Achieves Record Revenue and Eyes Future Growth

Nexstar Media Group's exceptional 2022 performance, strategic acquisitions, and focus on future technologies position it for continued success. Despite challenges in national advertising, the company is poised for growth through increased retrans revenue and upcoming political ad opportunities.

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

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IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc.

Nexstar Media Group Announces $1,000 Million Offering of Senior Notes

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that Nexstar Broadcasting, Inc.

Nexstar Media Group Secures Commitments for New Senior Secured Revolving Credit Facility

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved an expansion of the Company’s share repurchase authorization for up to an additional $300 million of repurchases of its Class A common stock.

Nexstar Media Group Board of Directors Authorizes $300 Million Expansion of Share Repurchase Program

CHICAGO & IRVING, Texas--(BUSINESS WIRE)--Representing the return of traditional, trusted, fact-based news reporting to cable television, “NewsNation,” a three hour prime-time national newscast, debuts tonight at 8 p.m. ET on WGN America, Nexstar Media Group, Inc’s (Nasdaq: NXST) wholly-owned cable network which reaches approximately 75 million U.S.

Nexstar Media’s “NewsNation” Debuts Tonight at 8 PM ET on WGN America, Reaching 75 Million U.S. TV Households

Nexstar Media Group plans to launch a prime-time newscast called News Nation tomorrow that will provide what the company calls “independent fact-based journalism” over the company’s WGN America cable network.

TV Station Owner Nexstar To Launch National Newscast. Is America Ready?

Nexstar Media Group, Inc (NXST) CEO Perry Sook on Q2 2020 Results - Earnings Call Transcript

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As Democratic presidential nominee Joe Biden pledged $280 million in TV advertising through the fall, local station owners Nexstar and Sinclair Broadcast Group told Wall Street they expect a record political ad haul. In separate conference calls with Wall Street analysts to discuss second-quarter results, the top two companies addressed the political stretch run and

As Joe Biden Ponies Up $280M For TV Ads, Station Giants Nexstar And Sinclair Predict Record Political Influx

Nexstar (NXST) delivered earnings and revenue surprises of 66.41% and 0.97%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Q2 Earnings and Revenues Top Estimates

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported financial results for the second quarter ended June 30, 2020 as summarized below.

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

Nexstar is the dominant player in its industry.

Nexstar: Deeply Undervalued With A Well Funded, Rapidly Growing Dividend

Nexstar (NXST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Nexstar Broadcasting Group (NXST) Q2 Earnings Expected to Decline

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4 Beaten Down Stocks That Should Do Well As The Coronavirus Fades

Comparing the trend in Nexstar Media Group’s stock, a telecommunication company, over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could likely gain 20% around the levels of $101, once fears surrounding the coronavirus outbreak are put.

Nexstar Down 35% From 2020 Peak, 20% Gain Possible Post-Covid?

CINCINNATI, July 13, 2020 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has been informed that Nexstar Media Group Inc. (NASDAQ: NXST) has transferred its option to purchase Scripps' New York CW affiliate WPIX to Mission Broadcasting, Inc. and that Mission has exercised its...

Mission Broadcasting exercises WPIX option

IRVING, Texas--(BUSINESS WIRE)--Nexstar Broadcasting, Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that Executive Vice President and Chief Operating Officer, Brian Jones, will retire August 1, 2020, following a 40-year career in the broadcast industry. Mr. Jones joined Nexstar in 2003 as Senior Vice President and Regional Manager and was named Executive Vice President and Co-Chief Operating Officer of Nexstar Broadcasting in 2008. During his 17-ye

Nexstar Broadcasting Executive Vice President and Chief Operating Officer Brian Jones to Retire

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Nexstar Media Group Is A Buy

Nexstar Media Group, Inc (NXST) CEO Perry Sook on Q1 2020 Results - Earnings Call Transcript

Nexstar (NXST) delivered earnings and revenue surprises of 28.40% and 1.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Surpasses Q1 Earnings and Revenue Estimates

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Stocks rallied sharply Monday with many media shares outpacing the broader market as Wall Street – at least for today – evinced a glimmer of hope at the U.S. trajectory of the coronavirus pandemic, even as Wall Street analysts have only begun to calculate the dire impact of the virus on corporate finances for the

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Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media stocks plunged amidst general carnage in the markets Monday with movie theater shares – AMC Entertainment, Cinemark, National Cinemedia, hard hard hit but declines across sectors from broadcasting to entertainment to satellite. The tech sector was down 20% from its all time-time. In its worst single-day decline since the coronavirus gripped the global, the

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