Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1.49 Billion
Nexstar Media Group, Inc. (
NASDAQNXST) (“Nexstar” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2024 as summarized below. Please visit Nexstar’s website to view the full press release.
Nexstar Media Group to Participate in Upcoming Investor Conferences
Nexstar Media Group, Inc. (
NASDAQNXST) today announced that executive management will participate in two institutional investor conferences in March:
Nexstar Media Names Samantha Osborne Reynolds as Vice President of Political Sales
Nexstar Media Group, Inc. (
NASDAQNXST) today announced the appointment of Samantha Osborne Reynolds as Vice President of Political Sales, effective February 18. Ms. Osborne Reynolds will be responsible for building and managing the company’s newly created national political sales division, creating and developing go-to-market political advertising strategies across all of Nexstar’s platforms, and generating significant growth in linear, digital, and connected TV political revenues. She will be based in Washington, D.C., and report to Jon Camera, Nexstar’s Senior Vice President for Advertising Sales.
The CW Network Delivers 1.8 Million Total Viewers for NASCAR Xfinity Series Season Opener
NASCAR and The CW Network today announced that Saturday’s 2025 NASCAR Xfinity Series season opener at Daytona on The CW delivered the largest audience for any Xfinity Series race in almost three years, with 1.8 million total viewers, according to Nielsen fast national ratings.
Michael Perman Named Senior Vice President of Sports for The CW Network
The CW Network today announced that it has named Michael Perman as Senior Vice President of Sports. Mr. Perman will begin his new duties immediately and report to Brad Schwartz, President of The CW Network. In this newly created position, Mr. Perman will oversee all strategy, programming, and media rights on behalf of CW Sports.
Nexstar Names Ric Harris as Vice President and General Manager of Its Broadcast and Digital Operations in Chicago, Illinois
Nexstar Media Group, Inc. (
NASDAQNXST), today announced the appointment of Ric Harris as Vice President and General Manager of its broadcast and digital operations in Chicago, Illinois (DMA #3), overseeing the long-range planning and day-to-day management of WGN-TV (CW), WGN-TV+, wgntv.com, and their related mobile and social media channels. Mr. Harris succeeds Paul Rennie, who retired last year. He will assume his new duties immediately and report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar’s broadcasting division.
Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share
Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the first quarter of 2025. The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025.
Nexstar Media Group to Report 2024 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 27
Nexstar Media Group, Inc. (
NASDAQNXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
NewsNation Announces New Additions to Primetime Line-Up
NewsNation today announced new additions to its primetime programming line-up, with On Balance hosted by anchor/reporter Leland Vittert taking over the 9 pm ET hour, and Elizabeth Vargas Reports, hosted by veteran journalist Elizabeth Vargas, moving to 7 pm ET. The new line-up is effective Monday, February 10. The network also announced that it has reached a new multi-year agreement with Ms. Vargas to continue hosting her weeknight program.
Viewers Deprived of Critical News, Severe Weather Alerts, and the NFL Playoffs, as Altice USA Drops 63 Nexstar Television Stations From Optimum Platform
Today at 5 p.m. ET, Altice USA removed from its Optimum cable systems the network and local programming provided by Nexstar Media Group, Inc. (
NASDAQNXST) on 63 local television stations in 42 markets across the country. Altice also removed Nexstar’s national cable news network, NewsNation, from its cable system, with a new Congress taking office and the Presidential inauguration less than two weeks away. Altice has decided to deprive more than two million Americans of critical local news, the NFL Playoffs, live sports and other entertainment programming, as well as essential alerts regarding winter weather and natural disasters.
Nexstar Media Renews Affiliation Agreements With NBC
Nexstar Media Group, Inc. (
NASDAQNXST) and NBCUniversal have reached a comprehensive multi-year agreement to renew NBC Television Network affiliations in 33 markets across the country, including 29 stations owned by Nexstar, three owned by Mission Broadcasting, Inc., and one owned by White Knight Broadcasting, Inc. Together, the 33 stations reach more than 14 million U.S. television households.
NewsNation and Chris Cuomo Reach Agreement on Multi-Year Contract Renewal
NewsNation today announced that anchor and reporter Chris Cuomo has reached a multi-year agreement with the network to continue hosting his top-rated primetime program, CUOMO, weeknights at 8 p.m. ET.
Nexstar Media Group to Participate in Upcoming Investor Conferences
Nexstar Media Group, Inc. (
NASDAQNXST) today announced that executive management will participate in two institutional investor conferences in December. Among other topics, management will address its record financial results in 2024 to date, the impact of broadcast television political advertising on the outcome of the 2024 election, and the potential for ownership de-regulation under the new administration and how and why Nexstar could participate.
Nexstar Appoints Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation
Nexstar Media Group, Inc. (
NASDAQNXST), today announced the appointment of Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill, the nation’s leading source of digital political news and analysis, and NewsNation, Nexstar’s national cable news network. In this newly created position, Mr. Sammon will be responsible for directing Nexstar’s national news content in the nation’s capital, where he will be based. Mr. Sammon will report to Cherie Grzech, President and Managing Editor for News and Politics at NewsNation, and assume his new duties on Nov. 18.
Nexstar Media Group Reports Record Third Quarter Net Revenue of $1.37 Billion
Nexstar Media Group, Inc. (
NASDAQNXST) (“Nexstar” or the “Company”) today reported financial results for the third quarter ended September 30, 2024 as summarized below. Please visit Nexstar’s website to view the full press release.
Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
Nexstar Media Group, Inc. (
NASDAQNXST) 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, November 29, 2024, to shareholders of record on Friday, November 15, 2024.
Nexstar Media Group to Expand Presence in Cleveland With Acquisition of WBNX-TV/TV55
Nexstar Media Group, Inc. (
NASDAQNXST), today announced that it has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company. The acquisition will create a duopoly for Nexstar in the nation’s 19th largest television market, where the company already owns and operates WJW-TV (FOX).
Dennis Miller to Depart as President of The CW Network on October 31
The CW Network (The CW) today announced that Dennis Miller will be departing as Network President effective October 31, 2024. He will serve in an advisory role through the end of the calendar year. Prior to his current position with The CW, Mr. Miller was a member of Nexstar’s Board of Directors, which he joined in 2014.
Nexstar Media Raises Nearly $1.5 Million to Date for Hurricane Relief Efforts
Nexstar Media Group, Inc. (
NASDAQNXST) today announced that its media businesses across the country have helped raise close to $1.5 million to date from viewers to support relief efforts related to Hurricane Helene and the potential damage that may be caused by Hurricane Milton. Donations will go to aid several charitable organizations assisting victims of the storm, including the American Red Cross, United Way, and the Salvation Army, among others.
Nexstar Television Stations in Augusta, Georgia; Monroe, Louisiana; Wichita Falls, Texas; Terre Haute, Indiana; and Utica, New York, to Become CW Network Affiliates
Nexstar Media Group, Inc. (
NASDAQNXST), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW Network. All five local stations will begin carrying the network’s primetime entertainment, live sports, and special event programming beginning in September and October.
Nexstar Media Group to Report 2024 Third Quarter Financial Results, Host Conference Call and Webcast on November 7
Nexstar Media Group, Inc. (
NASDAQNXST) announced today that it will report its 2024 third quarter financial results on Thursday, November 7, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
Nexstar Media Names Scott Weaver Senior Vice President of Government Relations
Nexstar Media Group, Inc. (
NASDAQNXST), today announced the appointment of Washington, D.C., and media and telecommunications industry advocate Scott Weaver as the company’s Senior Vice President of Government Relations. He will report directly to Nexstar’s Chairman and Chief Executive Officer, Perry Sook, and will begin his new duties on September 5. In this newly created role, Mr. Weaver will work with Mr. Sook to set the company’s legislative and regulatory priorities, represent Nexstar’s interests to the executive branch of the federal government, Congress, and a variety of regulatory bodies, and establish Nexstar’s first-ever Office of Government Affairs in Washington, D.C.
Nexstar Media Group to Participate in Upcoming Investor Conferences
Nexstar Media Group, Inc. (
NASDAQNXST) today announced that executive management will participate in three institutional investor conferences in September:
The CW Network and Gray Media Renew Affiliation Agreements for 38 Local Television Stations Across the Country
The CW Network and Gray Media (Gray) (
NYSEGTN) today announced that they have reached a comprehensive agreement to renew the affiliations of 38 Gray-owned television stations across the country. Together, the 38 stations reach nearly 10% of the U.S. audience, serving more than 12 million television households.
Nexstar Media Group Reports Record Second Quarter Net Revenue of $1.27 Billion
Nexstar Media Group, Inc. (
NASDAQNXST) (“Nexstar” or the “Company”) today reported financial results for the second quarter ended June 30, 2024 as summarized below. Please visit Nexstar’s website to view the full press release.
