Nexstar in the News

(TVNewsCheck) Nexstar Donates To Community Nonprofits In Its TV Markets

“The Nexstar Media Charitable Foundation’s mission is to contribute to and work with public charities and nonprofit organizations to improve the communities in which Nexstar Media and its subsidiaries do business. The foundation was originally established in 1958 and it makes donations of approximately $350,000 annually.” Click here to continue via TVNewsCheck.

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(Variety) Inside The New CW: Network Chiefs Explain How They’re Measuring Success, Leaning Into Adult Dramas and the Path to Profitability

“The CW that audiences see when they tune in this fall won’t look like the CW of years past – but it also won’t look like the CW that new owner Nexstar actually intends to offer consumers moving forward.” Click here to continue reading via Variety.com.

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(Deadline) Despite Carriage Dispute Keeping CBS Stations Off Fubo TV, Nexstar President Tom Carter Expects Bundle Revenue To Keep Flowing: “We Do Not See A Cliff”

“Despite an impasse between Paramount Global and FuboTV, which has kept Nexstar stations off the air for weeks, Nexstar President and COO Tom Carter has a relatively upbeat outlook on pay-TV’s future.” Click here to continue reading Deadline.com.

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(Deadline) LIV Golf Launch On CW Was “Very Successful,” New Parent Company President Says, Jabbing Rival PGA For Doing “A Really Nice Job” Keeping Media Partners From Bidding Up Rights

“Tom Carter, president and COO of The CW parent Nexstar Media Group, said the debut of Saudi-backed LIV Golf in late-February was a hit and could help pave the way for more sports coming to the network.” Click here to continue reading Deadline.com.

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(Variety) Nexstar’s Political Ad Sales Skyrocket in Q4 With Midterms as the CW Network Takes $94 Million Loss

“Nexstar reported its fourth-quarter 2022 earnings Tuesday, revealing its core ad sales fell 3.3% from Oct. 1-Dec. 31, the quarter following the finalization of its purchase of 75% of the CW Network, but political ad revenue was up 1,306.9% due to the 2022 midterm elections.” Click here to continue reading via Variety.

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