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.
Nexstar Media Group has promoted Marc Hefner to Vice President and General Manager of KDAF-TV and cw33.com in Dallas, Texas. Hefner, who has over 25 years of broadcast experience, previously led operations at WSAV-TV in Savannah, where he achieved significant growth in audience engagement and revenue. He has a proven track record of expanding local programming and building partnerships within the community. Under his leadership, Nexstar aims to enhance its media operations and advertising solutions in the highly competitive Dallas market.
Nexstar Media Group, Inc. has announced the promotion of Tim Sanders to Vice President and General Manager for WTWO-TV and WAWV-TV in Terre Haute, Indiana. With over 20 years of local broadcast experience, including 17 years at these stations, Sanders will oversee broadcast and digital operations. He has a proven track record in increasing advertising revenues and expanding local programming. Sanders aims to enhance community engagement and advertising solutions in his new role, reporting to Traci Wilkinson, Senior VP and Regional Manager.
The launch of NEXTGEN TV in Hartford marks a significant upgrade in broadcast technology for local viewers. This new digital broadcast technology enhances the viewing experience with features like 4K resolution, HDR video, and improved audio quality. Four local channels, including TEGNA's WCCT and WTIC, and others from Meredith and Nexstar Media Group, are now available over-the-air free of charge. With compatibility across select devices from manufacturers such as LG and Samsung, NEXTGEN TV is designed to evolve with future updates, promising a more interactive and engaging viewing experience.
Nexstar Media Inc. (Nasdaq: NXST) announces the launch of new live programming on NewsNation starting
Nexstar Media Group, Inc. (NASDAQ: NXST) has appointed Lloyd Bucher as Vice President and General Manager for its broadcast and digital operations in Charlotte, North Carolina, effective September 29. Bucher, who has over 25 years of experience, previously managed WPTV-TV in West Palm Beach, Florida, achieving significant ratings and revenue growth. Under his leadership, WJZY-TV and WMYT-TV are expected to enhance local content and advertising solutions, focusing on community engagement.
Nexstar Media Group, Inc. (NASDAQ: NXST) has announced the promotion of Fran McRae to Vice President and General Manager overseeing its Memphis and Jackson, Tennessee operations, including
Nexstar Media Group (NASDAQ: NXST) will announce its third quarter financial results for 2021 before market opening on November 2, 2021. A conference call to discuss the results is scheduled for 9:00 a.m. ET on the same day. Interested participants can join via phone or access a live webcast on Nexstar's website. With 199 television stations reaching 39% of U.S. households, Nexstar continues to leverage its diversified media portfolio, which includes broadcasting, digital platforms, and a stake in the TV Food Network.
Nexstar Media Group has partnered with SportsGrid Inc. to launch the SportsGrid Network, the first 24-hour sports wagering and fantasy sports channel, starting
Kansas City’s leading television stations, including KMBC-TV, KCTV, and KSHB-TV, have launched NEXTGEN TV, a groundbreaking digital broadcast technology based on ATSC 3.0. This upgrade offers enhanced features like improved emergency alerts, superior video quality, and better audio clarity. The launch follows extensive planning and development and marks a significant step for local broadcasters. The technology will enable viewers to enjoy live events and real-time content more effectively. The service is already operational in over 30 cities nationwide.
Nexstar Media Inc. has appointed Stephen Eaton as Vice President and General Manager for its Billings, Montana operations, which includes KSVI-TV (ABC) and related digital platforms. Eaton brings over 25 years of broadcast management experience, having previously served as General Sales Manager at KTVQ-TV (CBS), where he achieved over 20% growth in new business revenue. His leadership is expected to enhance revenue opportunities and strengthen community engagement. Eaton will report to Traci Wilkinson, Senior Vice President and Regional Manager, and will manage operations immediately.
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