Nexstar Media Names Scott Weaver Senior Vice President of Government Relations

Rhea-AI Summary

Nexstar Media Group (NASDAQ: NXST) has appointed Scott Weaver as Senior Vice President of Government Relations, effective September 5. In this newly created role, Weaver will establish Nexstar's first Office of Government Affairs in Washington, D.C., reporting directly to CEO Perry Sook. He will set legislative and regulatory priorities, represent Nexstar's interests to the federal government, Congress, and regulatory bodies.

Weaver brings extensive experience, having previously founded HSA Strategies and served as Chairman of the Public Policy practice at Wiley Rein LLP. His appointment comes as Nexstar has grown to become the largest local broadcaster in the U.S., launched NewsNation, and acquired majority ownership of The CW Network.

Positive

• Appointment of experienced government relations executive
• Establishment of first-ever Office of Government Affairs in Washington, D.C.
• Direct representation of company interests to federal government and regulatory bodies
• Alignment with company's growth and unique business model

Negative

• None.

Experienced Washington Media and Communications Industry Advocate Will Represent Company’s Interests in the Nation’s Capital

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST), 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’s business has grown substantially over the last several years as we became the largest local broadcaster in the United States, launched our national cable news network, NewsNation, acquired majority ownership of The CW Network, and deepened our relationships with our network and distribution partners,” said Mr. Sook. “We have a unique business model with legislative and regulatory goals that are unlike other media companies. Scott’s experience, leadership, and reputation for getting things done, along with the respect he has earned across the political landscape, make him the ideal person to represent Nexstar in the nation’s capital.”

Prior to joining Nexstar, Mr. Weaver was the founding partner of HSA Strategies (HSA), an advocacy and consulting firm specializing in the representation of clients in the telecommunications, health care, and defense industries in matters before the Congress and the executive branch of the federal government. Founded in 2022, Mr. Weaver and his HSA colleagues have provided counsel to corporate and trade association executives regarding the political climate, issues development, advocacy, crisis communications, government oversight and regulation, as well as legislative threats and opportunities.

From 2009 to 2022, Mr. Weaver was Chairman of the Public Policy practice at the law firm of Wiley Rein LLP, managing all related staff and budget, political giving, client growth and new business generation in this area. During his tenure, Mr. Weaver led Wiley Rein’s engagement with clients on issues related to telecommunications, health care, transportation, trade, and defense, and played an integral role in several high-profile, successful mergers and acquisitions in the telecommunications and transportation industries. Mr. Weaver has also been engaged in a number of political campaigns at the Presidential, Gubernatorial and Congressional levels.

Earlier in his career, Mr. Weaver served as Vice President of Government and Political Affairs for the Airports Council International/North America and as Chief of Staff in the Office of U.S. Representative Katherine Harris (R-FL).

“I am honored to have the opportunity to establish and lead Nexstar’s Government Affairs office to give the nation’s largest broadcaster a direct voice with decision makers,” said Mr. Weaver. “Nexstar is a unique company that serves the public interest through unvarnished news coverage, positive impacts on the communities it serves, and a growing sports portfolio. I am excited for what the future holds.”

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All America,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240814679568/en/

Media:

Gary Weitman

EVP & Chief Communications Officer

972/373-8800

gweitman@nexstar.tv

Investors:

Joseph Jaffoni or Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com

Source: Nexstar Media Group, Inc.

FAQ

Who did Nexstar Media Group appoint as Senior Vice President of Government Relations?

Nexstar Media Group appointed Scott Weaver as Senior Vice President of Government Relations, effective September 5.

What is Scott Weaver's role at Nexstar Media Group (NXST)?

Scott Weaver will establish and lead Nexstar's first Office of Government Affairs in Washington, D.C., set legislative and regulatory priorities, and represent the company's interests to the federal government, Congress, and regulatory bodies.

Why did Nexstar Media (NXST) create this new government relations position?

Nexstar created this position due to its substantial growth, becoming the largest local broadcaster in the U.S., launching NewsNation, and acquiring majority ownership of The CW Network, resulting in a unique business model with specific legislative and regulatory goals.

What is Scott Weaver's professional background before joining Nexstar Media (NXST)?

Scott Weaver was the founding partner of HSA Strategies and previously served as Chairman of the Public Policy practice at Wiley Rein LLP, with experience in telecommunications, health care, and defense industries.