Press Releases_Financial

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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Nexstar Media Group to Participate in Two September Investor Conferences

IRVING, TX (August 14, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that Tom Carter, Senior Advisor to the Chief Executive Officer and Board of Directors, and Lee Ann Gliha, Executive Vice President and Chief Financial Officer, will participate in two institutional investor conferences in September: • The BofA Securities Media, Communications and […]

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Nexstar Media Group Reports Second Quarter Net Revenue of $1.24 Billion

Q2 Consolidated Net Revenue Drives Operating Income of $179 Million, Net Income of $75 Million, Consolidated Adjusted EBITDA of $331 Million and Attributable Free Cash Flow of $100 Million Quarterly and Six Month Return of Capital to Shareholders of $189 Million and $414 Million, Respectively IRVING, Texas – August 8, 2023 – Nexstar Media Group, […]

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The CW Network And Hearst Television Expand And Extend Affiliation Partnership

Network Adds New Affiliate with Launch of CW Programming on Hearst’s KQCA-TV in Sacramento Multi-Year Agreement Extends Hearst TV Station Affiliations in Orlando, Kansas City, Portland, Greensboro, Burlington and Ft. Smith BURBANK, CA (August 1, 2023)—The CW Network (The CW) today announced that it has expanded and extended its network affiliation agreement with Hearst Television […]

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

IRVING, Texas (July 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 Thursday, August 24, 2023, to shareholders of record on Thursday, August 10, 2023. While the Company intends to […]

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Nexstar And Hawaiian Telcom Reach Multi-Year Distribution Agreement

Agreement Covers Nexstar’s Local TV Stations KHON-TV (FOX), KHON2 (CW), and KHII-TV (MyNet), Cable News Network NewsNation, and Digital Subchannel Rewind TV IRVING, TX (JULY 21, 2023)—Nexstar Media Group, Inc. (NASDAQ: NXST) and Hawaiian Telcom today announced that they have reached a comprehensive multi-year distribution agreement covering Nexstar’s three local television stations serving Hawaii, national […]

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Nexstar Media Group To Report 2023 Second Quarter Results, Host Conference Call And Webcast On August 8

IRVING, Texas (July 5, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2023 second quarter financial results on Tuesday, August 8, 2023. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties […]

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Viewers Deprived Of Critical Local News, Important Weather Updates, Women’s World Cup Soccer Matches, And MLB All-Star Game, Following DIRECTV’s Removal Of 159 Nexstar Local TV Stations In 113 Markets And National Cable News Network NewsNation

DIRECTV Rejects Nexstar’s Offer to Extend Agreement to Oct. 31 DIRECTV Puts More Than Ten Million Subscribers in the Middle, Rather than Reach Fair Agreement Los Angeles, Chicago, Philadelphia, San Francisco and Denver Markets Affected IRVING, TX  (July 2, 2023) – Tonight at 7 p.m. ET, DIRECTV removed from its satellite, cable, and streaming systems […]

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Nexstar Media Group Reports Record First Quarter Net Revenue of $1.26 Billion

Q1 Consolidated Net Revenue Drives Operating Income of $204 Million, Net Income of $88 Million, Consolidated Adjusted EBITDA of $491 Million and Attributable Free Cash Flow of $383 Million Returned $225 Million to Shareholders in Q1 IRVING, Texas – May 9, 2023 – Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported […]

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Nexstar Media Group To Participate In Upcoming May Investor Conferences

IRVING, TX (May 8, 2023) – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that senior management will be participating in the following investor conferences in May 2023: SVB MoffettNathanson Inaugural Technology, Media and Telecom Conference Date: May 17, 2023 Fireside Chat Presentation: 2:00 p.m. ET JPMorgan 51st Annual Global Technology, Media and Communications Conference […]

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