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. (NASDAQ: NXST) is the largest television station owner-operator in the United States, reaching approximately 68% of U.S. TV households. With over 200 television stations in 116 markets, Nexstar has grown significantly from a single station to a national powerhouse in just 20 years. The company owns and operates media assets such as NewsNation, America's fastest-growing national cable news network, and a 75% stake in The CW, one of the nation's leading broadcast networks.
Nexstar's portfolio also includes affiliations with major broadcast networks like CBS, Fox, NBC, and ABC, making it a top affiliate for these networks. The company also holds a 31% stake in the Food Network and the Cooking Channel, further diversifying its media reach. Nexstar's digital operations are expanding as well, offering comprehensive local news and information through platforms like The Hill and NewsNationNow.com.
Recent achievements include a multi-year extension of an agreement with Nielsen to provide Local and National TV measurement services across Nexstar's media businesses. This agreement will help Nexstar leverage Nielsen's comprehensive suite of digital and TV measurement solutions, providing accurate audience insights and data-driven measurement.
Nexstar is committed to delivering exceptional service and unique local content to the communities it serves. The company’s ability to engage local audiences and offer targeted advertising solutions makes it a valuable partner for businesses and advertisers. With a strong financial position and a diversified portfolio, Nexstar continues to be a leading force in the media industry, driving innovation and growth across its platforms.
NewsNation has announced the launch of a new weekday news program, "Elizabeth Vargas Reports," set to debut on
KOAT-TV, KRQE, KWBQ, and KASY-TV have launched NextGen TV in the Albuquerque-Santa Fe market, utilizing ATSC 3.0 technology. This upgrade enhances viewership with improved video quality, better sound clarity, and advanced emergency alerts. The launch is a culmination of over a decade of development, coordinated by BitPath. Viewers can continue to access programming in both NextGen and existing DTV formats. NextGen TV is now available in over 50 cities nationwide, marking a significant leap in broadcast technology.
Nexstar Media Group (NASDAQ: NXST) announced details for the "Lone Star NYE: Countdown to 2023" program, airing on Dec. 31, 2022. Hosted by NBC 5’s Katy Blakey and KARK’s D.J. Williams, the event includes a live fireworks show from Reunion Tower. The program features Texas country singer Casey Donahew, celebrating his recent achievements. The broadcast will reach 24 markets across Texas and neighboring states, showcasing local talent and community traditions. This event exemplifies Nexstar’s commitment to local programming and viewer engagement.
WICS, WICD, WCIA, WRSP-TV, WCCU, WAND, WBUI, and WCIX have launched NextGen TV broadcasting technology in the Champaign & Springfield-Decatur market. This cutting-edge digital broadcast system enhances viewer experience with superior video and audio quality, including brighter colors and clearer dialogue. Powered by ATSC 3.0, it allows broadcasters to deliver advanced features and emergency alerts. The transition follows a decade of development and aims to elevate local broadcasting across the region, benefiting viewers with innovative content delivery.
WABM, WDBB, WIAT, WBRC, WVTM-TV, WTTO, and WSES have launched NextGen TV broadcasting in Birmingham, Alabama, marking a significant upgrade in digital technology. This new system enhances viewer experience with advanced emergency alerts, improved audio, and stunning visuals. Utilizing ATSC 3.0, it offers features such as Voice+ dialogue enhancement and internet integration for live events. The rollout follows extensive planning and is part of a nationwide expansion already present in over 50 cities. Viewers are encouraged to rescan their TVs to access this upgraded service.
Nexstar Media Group has appointed Michael Strober as Executive Vice President and Chief Revenue Officer, effective January 2, 2023. Strober will lead the transformation of Nexstar's advertising sales strategy across its diverse media platforms, aiming for enhanced revenue growth. With over 25 years of experience in advertising and business transformation, he is expected to innovate Nexstar's approach to advertising solutions. The company’s extensive portfolio includes nearly 300,000 hours of original content broadcasted through its numerous television and digital assets.
The Hill reports record engagement during the recent midterm elections, with nearly 30 million page views and over 3 million hours spent on their site on Election Day. This surpasses prior midterm cycles, indicating strong reader interest in non-partisan political news. Post-election traffic has nearly doubled from the previous month. The Hill's new streaming service, The Hill TV, provided essential coverage and insights. As part of Nexstar Media Group (NXST), The Hill continues to be a critical resource for policymakers and the public.
Nexstar Media Group, Inc. (NASDAQ: NXST) will participate in the Stephens Investment Conference, featuring a fireside chat with Tom Carter, President, and Lee Ann Gliha, CFO, on November 16, 2022, at 10:00 a.m. CT. A live webcast and replay of the session will be available on Nexstar’s website. As a leading media company, Nexstar reaches 212 million people across 116 U.S. markets with nearly 300,000 hours of original content annually.
Nexstar Media Group announces the launch of NEXTGEN TV, a state-of-the-art digital broadcast technology, in the Honolulu market. This upgrade includes prominent stations such as KITV, KGMB, and KHON-TV, enhancing viewer experience with improved video quality and advanced emergency alerts. Powered by ATSC 3.0, NEXTGEN TV features vibrant visuals and immersive sound. The initiative follows a decade of development, aiming to revolutionize local broadcasting. Consumers are advised to look for the NEXTGEN TV logo for compatibility.
The CW Network has appointed Brad Schwartz as President of CW Entertainment, effective November 7, 2022. Schwartz will manage programming strategy, creative development, and daily operations. He previously led the successful rebranding of the TV Guide Network to Pop TV, where he achieved significant audience growth and multiple Emmy wins for Schitt’s Creek. Schwartz has over 20 years of experience in media leadership, including roles at Fuse and in Canadian networks. He aims to further develop The CW's brand under the ownership of Nexstar Media Group.
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