Welcome to our dedicated page for Nexstar Media Group news (Ticker: NXST), a resource for investors and traders seeking the latest updates and insights on Nexstar Media Group stock.
Nexstar Media Group Inc (NXST), America's largest local television station operator, maintains this dedicated news hub for investors and media professionals. Track official press releases, financial disclosures, and strategic developments from the broadcast leader serving communities nationwide.
This resource consolidates essential updates including quarterly earnings reports, content partnership announcements, leadership changes, and regulatory filings. Investors gain direct access to primary documents while analysts find centralized data for market evaluations.
All content undergoes verification to ensure accuracy and relevance for financial decision-making. The curated format enables quick scanning of operational milestones and industry positioning updates without speculative commentary.
Bookmark this page for streamlined tracking of Nexstar's local media innovations, advertising partnerships, and digital expansion initiatives. Combine with SEC filings and market analysis tools for comprehensive due diligence.
Lifelines of Hope, an hour-long television special airing on May 1st, 2025 at 9:00pm, showcases remarkable acts of bravery and community spirit. The program, hosted by Dean Cain, Laura McKenzie, Elizabeth Stanton, and Montel Williams, features inspiring stories of everyday heroes and celebrity involvement.
The special highlights various heroic acts, including:
- A food delivery driver rescuing four children from a burning house
- A passerby jumping off a bridge to save a drowning infant
- A neighbor protecting a six-year-old from a wild dog
- A fireman saving a woman from raging flames in Malibu
Celebrity participants include Samuel L. Jackson, Jennifer Garner, Billie Eilish, Dolly Parton, and others sharing their experiences in supporting communities during crises. The program also features Toys for Tots' efforts in helping families affected by California wildfires and Hurricane Helene.
Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 first quarter financial results announcement for Thursday, May 8, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.
Interested participants can join via phone using the following numbers: +1 877-407-9208 (domestic) or +1 201-493-6784 (international) with conference ID 13752833. A live webcast will be available through the 'Events and Presentations' section on Nexstar's website, with a replay accessible for 90 days following the event.
The AVP (America's professional beach volleyball league) has announced major broadcast partnerships with CBS Sports and The CW Network for the 2025 season. CBS Television Network will air the AVP League Championship live on August 31st, 2025 (2:00-4:00pm ET), while CBS Sports Network will broadcast additional matches throughout the season.
The CW Network will feature live matches on Saturday nights from Memorial Day through Labor Day (8:00-10:00pm ET). The league consists of eight city-based teams: LA Launch, San Diego Smash, New York Nitro, Brooklyn Blaze, Miami Mayhem, Palm Beach Passion, Dallas Dream, and Austin Aces.
The broadcast schedule spans from May 23rd to August 31st, 2025, covering multiple venues across the country, including the Manhattan Beach Open Finals and the League Championship Weekend in Chicago.
Nexstar Media Group (NASDAQ: NXST) reported record Q4 2024 net revenue of $1.49 billion, up 14.1% year-over-year, driven by strong political advertising and distribution revenue growth. The company achieved Q4 net income of $229 million with a 15.4% margin and Adjusted EBITDA of $628 million.
Key highlights include:
- Record annual revenue of $5.41 billion in 2024
- Returned $820 million to shareholders (68% of Adjusted Free Cash Flow)
- Reduced debt by $327 million, achieving 2.91x net leverage
- Q4 distribution revenue reached $714 million, up 1.4%
- Political advertising revenue increased by $223 million to $254 million
The company provided 2025 Adjusted EBITDA guidance of $1.5-1.595 billion and announced plans to renew distribution contracts representing approximately 60% of its subscriber base.
Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in two major investor conferences in March 2025. The company will attend the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 5, with a fireside chat scheduled for 4:05 p.m. ET, and the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference in West Palm Beach on March 11, presenting at 9:40 a.m. ET.
Chairman and CEO Perry A. Sook and EVP/CFO Lee Ann Gliha will represent Nexstar at both events. Live webcasts and replays will be accessible through the 'Events and Presentations' section on Nexstar's website. Interested parties can register and request management meetings through their Morgan Stanley and Deutsche Bank representatives.
Nexstar Media Group (NASDAQ: NXST) has appointed Samantha Osborne Reynolds as Vice President of Political Sales, effective February 18. She will lead the company's newly created national political sales division, focusing on developing political advertising strategies across all platforms and driving growth in linear, digital, and connected TV political revenues.
Reynolds brings over 17 years of experience in political strategy and advertising, previously serving as Vice President, Political, Advocacy and Automation at E.W. Scripps Company. In her role, she will be based in Washington, D.C., reporting to Jon Camera, Nexstar's Senior Vice President for Advertising Sales.
Her background includes significant political campaign experience, including roles as National Deputy Digital Field Director for Romney for President in 2012 and Chief Digital Officer at the Republican National Committee in 2017.
The CW Network's broadcast of the 2025 NASCAR Xfinity Series season opener at Daytona achieved significant viewership success, drawing 1.8 million total viewers. The race marked the most-viewed Xfinity Series season opener at Daytona since 2020 and the most-watched Xfinity Series race since Talladega in April 2022.
Viewership peaked at 2.2 million during the 7:30 p.m. ET quarter hour. Compared to last year's weather-impacted opener, the broadcast saw substantial increases across key demographics: 93% in total viewers, 76% in Adults 18-49 (330,000), and 47% in Adults 25-54 (444,000). The race also outperformed The CW's final playoff race from Phoenix with double-digit percentage increases.
The CW Network has appointed Michael Perman as Senior Vice President of Sports, reporting to President Brad Schwartz. In this newly created position, Perman will oversee all strategy, programming, and media rights for CW Sports. He brings over 20 years of experience from major sports media brands, including roles at Aggregate Sports, NBC Sports Group, and the NBA.
The network currently manages nearly 400 hours of annual sports content, including NASCAR, WWE, ACC, Pac12, Grand Slam Track, and Inside The NFL. Perman's previous experience includes overseeing acquisitions and programming for properties such as NASCAR, NHL, IndyCar, and Tour de France at NBC Sports, as well as managing relationships with UFC, boxing, and college sports at Comcast.
Nexstar Media Group (NASDAQ: NXST) has appointed Ric Harris as Vice President and General Manager of its broadcast and digital operations in Chicago (DMA #3). Harris will oversee WGN-TV (CW), WGN-TV+, wgntv.com, and related mobile and social media channels, succeeding Paul Rennie who retired last year.
Harris brings over 25 years of leadership experience in broadcast management, content development, advertising, marketing, and sales. He joins Nexstar after serving nearly ten years as President and General Manager of WCAU-TV, Telemundo62, and NBC Sports Philadelphia. Previously, he was President and General Manager of WVIT-TV in Hartford, Connecticut (2013-2015).
Throughout his career, Harris has demonstrated success in growing ratings, revenue, and profitability. He will report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar's broadcasting division.
Nexstar Media Group (NXST) has announced a 10% increase in its quarterly cash dividend to $1.86 per share, marking its twelfth consecutive annual dividend increase. The dividend represents a 4.7% annualized yield based on the January 28, 2025 closing stock price. The dividend will be payable on February 26, 2025, to shareholders of record as of February 12, 2025.
CEO Perry Sook highlighted that this increase reflects the company's strong free cash flow and commitment to shareholder returns. The company's strategy includes opportunistic share repurchases, debt reduction, and potential growth through M&A activities to enhance shareholder value. While regular quarterly dividends are planned for the foreseeable future, they remain subject to Board review and approval.
