Press Releases_Financial

Nexstar Media Group Reports Third Quarter Net Revenue of $1.13 Billion

Q3 Consolidated Net Revenue Drives Operating Income of $94 Million, Net Income of $8 Million, Consolidated Adjusted EBITDA of $236 Million and Attributable Free Cash Flow of $100 Million Quarterly and Nine Month Return of Capital to Shareholders of $246 Million and $659 Million, Respectively Reduced Shares Outstanding by Over 25% Since 12/31/19 IRVING, Texas […]

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Nexstar Media Group Declares Quarterly Cash Dividend of $1.35 per Share

IRVING, Texas (October 27, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35 per share of its common stock. The dividend is payable on Monday, November 27, 2023, to shareholders of record on Friday, November 10, 2023. While the Company intends to […]

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Nexstar Media and ReachTV Announce Partnership Extending Distribution of NewsNation and The CW Network

Cable News Network and CW Sports Programming to air on ReachTV’s network reaching 50M+ monthly viewers in hotels and airports nationwide IRVING, TX and NEW YORK, NY (Oct. 26, 2023)—Nexstar Media Group, Inc. (NASDAQ: NXST) and ReachTV today announced that they are partnering to extend the distribution of NewsNation, the country’s fastest growing cable news […]

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Nexstar Media Group Releases New Investor Presentation Highlighting its Perspectives on the Evolving Media/Television Landscape

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it has released a new investor presentation highlighting the Company’s perspectives on recent events and their positive impact on the broadcast television industry and Nexstar’s business.

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DIRECTV and Nexstar Media Group, Inc., Reach New Multi-Year Distribution Agreement

EL SEGUNDO, CA and IRVING, TX (Sept. 18, 2023)—DIRECTV and Nexstar Media Group, Inc. (NASDAQ: NXST) have officially reached a comprehensive new multi-year distribution agreement covering 176 Nexstar-owned local television stations and the company’s national cable news network, NewsNation. This follows the return of the television stations and NewsNation to DIRECTV, DIRECTV STREAM and U-verse […]

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Nexstar Media and Fox Corporation Renew and Extend Multi-Year Affiliation Agreement

New Agreement Covers 29 Nexstar TV Stations Across the Country, Including Six of the Nation’s Top-20 Markets IRVING, TX and LOS ANGELES, CA (Sept. 5, 2023)—Nexstar Media Group, Inc. (NASDAQ: NXST), and Fox Corporation (NASDAQ: FOXA, FOX) today announced that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations […]

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Nexstar’s KAUT-TV in Oklahoma City To Become CW Network Affiliate on September 1

 KAUT-TV Will Carry CW’s Primetime Entertainment and Live Sports Programming IRVING, TX (Aug. 31, 2023)—Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that KAUT-TV, one of the company’s owned and operated television stations serving Oklahoma City, Oklahoma, will become an affiliate of The CW Network on September 1, 2023.  KAUT-TV will begin carrying The CW’s […]

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The CW Network and Sinclair Expand and Extend Affiliation Partnership

The CW Network Adds New Affiliate Stations with Launch of CW Programming on KOMO-TV in Seattle and WPNT-TV in Pittsburgh Multi-Year Agreement Extends CW Station Affiliations Across 35 US Markets BURBANK, CA (Aug. 31, 2023)— The CW Network (The CW) and Sinclair Broadcast Group, LLC (Sinclair) today announced a multi-year deal that renews affiliations across […]

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The CW Network and Gray Television Expand and Extend Affiliation Partnership

Network Adds New Affiliate with Launch of CW Programming on WPCH-TV in Atlanta BURBANK, CA (August 30, 2023)—The CW Network (The CW) today announced that it has expanded and extended its network affiliation agreement with Gray Television, Inc. (Gray). Gray will continue carrying The CW’s entertainment and sports programming on television stations in a total […]

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