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.
Television Stations in Austin, TX, Bakersfield, CA, and Little Rock, AR, Honored in Categories of Digital, Excellence in Innovation, Podcast, Breaking News Coverage, and Hard News IRVING, TX (August 12, 2022) – Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has earned a total of five […]
The Hill brings its trusted, credible, and non-partisan political coverage to the growing OTT marketplace Washington, D.C. – August 10, 2022: The Hill, America’s premier source for political and policy news, has launched a streaming channel, marking its first foray into OTT (Over The Top). The Hill is part of Nexstar Digital, the digital business of […]
Net Revenue Drives Record Q2 Operating Income of $333.4 Million, Net Income of $226.5 Million, Adjusted EBITDA of $486.3 Million and Free Cash Flow of $219.0 Million All-Time High Quarterly and Six Month Return of Capital to Shareholders of $284.3 Million and $479.5 Million, Respectively IRVING, Texas – August 4, 2022 – Nexstar Media Group, […]
EVANSTON, Ill. — For 100 years, WGN Radio has been a source of all-talk programming that has connected Chicagoland — and well beyond, thanks to the impressive broadcast range of the 50,000-watt station at 720 AM. Its lineup of memorable hosts, long-running cultural programming and avid local sports coverage has enshrined WGN Radio as a […]
Nexstar Media Group, Inc. announced that its Board of Directors has extended the employment agreement of Chief Executive Officer, Perry A. Sook, through March 31, 2026. In addition to his responsibilities as Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman and he remains a top shareholder of the Company.
Nexstar Media Group announced that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its common stock and approved a new $1.5 billion share repurchase program. Nexstar’s Board also voted to recommend that shareholders approve an amendment to its corporate charter to declassify the Board of Directors.
New York, NY (July 26, 2022) – NewsNation, America’s fastest growing cable news network, today announced that Chris Cuomo, the award-winning broadcast journalist and attorney, will be joining its prime-time line-up this fall as the host of his own show. Mr. Cuomo appeared on “Dan Abrams Live” tonight at 9 p.m. ET, 8 p.m. CT, […]
Nexstar Media Inc. promotes Cory Gylock to Vice President and General Manager of its broadcasting and digital operations in La Crosse/Eau Claire, Wisconsin (DMA #129), including WLAX-TV (FOX) and WEUX-TV (FOX), wiproud.com, and their related digital and social media channels.
Accomplished Media Executive with Nearly 20 Years of Large Market Leadership Experience Will Oversee Broadcast and Digital Operations in Multiple Markets IRVING, TX (July 15, 2022) – Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced the appointment of accomplished broadcast executive Brandin Stewart as Senior Vice President […]