Company News

Nexstar Media Group Reports Record Second Quarter Net Revenue of $1.27 Billion

Q2 Net Revenue Drives Net Income of $106 Million, Adjusted EBITDA of $398 Million and Adjusted Free Cash Flow of $78 Million All-Time High Second Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $33 Million Quarterly Return of Capital to Shareholders of $190 Million, Reducing Shares Outstanding by 1.7%  VIEW FULL PRESS […]

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Antenna TV To Air Special Marathons August 11 and September 2

All-day marathons include “The Facts of Life Back-to-School Blowout Sale Marathon” on August 11 and “Labor Day at the Good Ol’ 1-2 Barney Miller Marathon” on September 2 August 7, 2024 – Antenna TV today announced it will air two upcoming full-day marathons on August 11 and September 2 to celebrate back-to-school and Labor Day. […]

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The CW Network Announces New Affiliates In Tucson, Arizona, Santa Barbara, California, And Corpus Christi, Texas

Stations Will be the Exclusive Home of Pac-12 College Football, NASCAR Xfinity Series Racing, WWE NXT Wrestling, and LIV Golf in Their Markets Tucson Affiliate Becomes Local Home for 2024 Snoop Dogg Arizona Bowl Presented by Gin & Juice by Dre and Snoop July 31, 2024 (Burbank, CA) – The CW Network (CW) today announced […]

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Nexstar Media Group Appoints Ellen Johnson to Board of Directors

Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board   IRVING, Texas – Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an independent director and will stand for election at […]

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Paramount Global and Nexstar Media Renew Affiliation Agreements

Multi-Year Renewal Covers CBS Affiliated Television Stations in 42 Markets Owned by Nexstar and Mission Broadcasting, Inc. Paramount-owned Stations in Miami and Detroit To Become CW Network Affiliates on September 1 IRVING, TX and NEW YORK, NY (July 30, 2024) – Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar) and Paramount Global (NASDAQ: PARA, PARAA) (Paramount) […]

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(NAB) National Association of Broadcasters Appoints Nexstar President and Chief Operating Officer Michael Biard to Board of Directors

“Today, the National Association of Broadcasters (NAB) announced the appointment of Nexstar Media Group, Inc., President and Chief Operating Officer Michael Biard to its Television Board of Directors, effective immediately. Television Board Chair Pat LaPlatney made the appointment in accordance with NAB by-laws.” Read the full press release here.

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Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share, Announces New $1.5 Billion Share Repurchase Authorization

IRVING, Texas – Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, August 23, 2024, to shareholders of record on Friday, August 9, 2024. In addition, The Board of Directors also approved […]

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Nexstar Promotes Two Sales Leaders To Vice President And General Manager Of Its Broadcast And Digital Operations In Huntsville, Alabama, And Lubbock, Texas

Nexstar’s Deep Bench of Management Talent Enables Advancement from Within IRVING, TX (JULY 22, 2024) – Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the promotion of two experienced broadcast leaders and current Nexstar executives to Vice President and General Manager, overseeing the company’s broadcast and digital operations in Huntsville, Alabama (DMA #81), and Lubbock, […]

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