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. produces and distributes local and national news, sports and entertainment content across television and digital platforms. News about NXST commonly covers advertising and distribution revenue, political advertising cycles, local broadcast operations, The CW Network programming and sports distribution, and the company’s digital partnerships.
Recurring developments also include quarterly earnings, cash dividend declarations, investor-conference participation, debt and tender-offer activity, and corporate updates following Nexstar’s completed acquisition of TEGNA Inc. Company communications frequently connect these topics to broadcast station operations, local journalism, network affiliations, and national content distribution.
Nexstar Media Group (Nasdaq:NXST) appointed Elizabeth Ryder as Executive Vice President, General Counsel and Secretary to the Board, effective immediately. She previously held this role from 2017–2022 and has served as Nexstar’s senior outside counsel.
The company also promoted Scott Weaver to Executive Vice President, Government Relations, Lindsey Knapp to Executive Vice President, Human Resources and Associate General Counsel, and Jason Roberts to Senior Vice President, Deputy General Counsel and Assistant Corporate Secretary.
Nexstar Media Group (NASDAQ:NXST) will participate in two upcoming institutional investor conferences. Management will appear at the JPMorgan Technology, Media and Communications Conference in Boston on May 18, 2026, and the Gabelli 18th Annual Sports & Media Symposium in New York on June 4, 2026.
Both events feature fireside chats with senior executives, available via live webcast and replay in the Investor Relations > Events and Presentations section of Nexstar’s website.
Nexstar (NASDAQ: NXST) closed the acquisition of TEGNA on March 19, 2026 and reported Q1 2026 net revenue of $1.396B, up 13.1% year-over-year. Net income was $160M (64.9% increase) and Adjusted EBITDA was $470M (23.4% increase). The company returned $56M in dividends and reported consolidated debt of $12.152B as of March 31, 2026.
Pro forma first‑lien net leverage was 2.94x and total net leverage 3.84x; Nexstar said legal challenges to the acquisition are pending and it is operating under a hold‑separate order.
Nexstar Media Group (NASDAQ: NXST) announced a quarterly cash dividend of $1.86 per share. The dividend is payable on May 29, 2026 to shareholders of record on May 15, 2026. The company said future dividends will be reviewed and declared quarterly at the Board's discretion.
The CW Network (NASDAQ:NXST) and ESPN agreed to make the ESPN App the exclusive streaming home for all CW Sports live events for ESPN Unlimited subscribers, adding more than 800 hours of premium live sports per year. CW Sports on the ESPN App is expected to launch in Summer 2026.
The deal covers college football and basketball from ACC, Pac-12 and Mountain West, NASCAR O’Reilly Auto Parts Series (exclusive through 2031), WWE NXT, PBA, PBR, AVP and the 2026 Arizona Bowl. The release cites recent viewership gains for NASCAR: +10% in 2025 and season-to-date +22% in 2026 versus last year.
The CW (NYSE:NXST) and Roku will launch a CW-branded hub on The Roku Channel in Fall 2026 to stream CW entertainment programming the day after linear premieres. The deal reaches more than half of U.S. broadband households, includes over 800 hours of CW library content, and makes new installments of WWE NXT available next-day weekly.
The partnership aims to expand streaming reach, viewer engagement, and advertising opportunities while viewers can still access CW content via the CW App.
Nexstar Media (NASDAQ: NXST) announced the Nexstar Media Charitable Foundation’s “30 Days of Giving,” a $150,000 initiative awarding a $5,000 grant each day in June to nonprofits in 30 communities served by Nexstar stations and digital assets. The program is employee‑driven, with local committees nominating recipients.
Nexstar marks its 30th anniversary; the company began June 17, 1996, and now reaches audiences via 200+ stations, NewsNation, the CW, and The Hill.
Nexstar Media Group (NASDAQ: NXST) commented on a preliminary injunction affecting its acquisition of TEGNA, saying the transaction closed more than four weeks ago after receiving required approvals from the Federal Communications Commission and U.S. Department of Justice.
The company said it now owns TEGNA, has acted consistent with the court order, will appeal the injunction to the Ninth Circuit, and expects the deal to strengthen local stations and support investment in local journalism.
Nexstar Media Group (NASDAQ: NXST) will report its 2026 first quarter financial results on Thursday, May 7, 2026 and will host a conference call and webcast at 10:00 a.m. ET to review results.
Investors may dial the listed domestic or international numbers with conference ID 13759681 or listen via the live webcast in the Events and Presentations section at nexstar.tv. A replay will be available for 90 days.
Nexstar Media Group (NASDAQ: NXST) announced an Early Settlement Date of March 25, 2026 for TEGNA Inc.’s 5.000% Senior Notes due 2029 that were validly tendered by the Early Tender Deadline.
As of March 18, 2026, $1,036,551,000, or 94.23% of the Notes outstanding, were validly tendered and not withdrawn. Nexstar completed its acquisition of TEGNA on March 19, 2026, satisfying the Merger Condition. The supplemental indenture with the Proposed Amendments has been executed and will become operative upon purchase on the Early Settlement Date.