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.
COLUMBUS, Ohio, Jan. 7, 2021 /PRNewswire/ -- Four leading local TV stations in Columbus, WSYX, WCMH-TV, WWHO, and WTTE, launched NEXTGEN TV, an advanced digital broadcast technology. This upgrade facilitates features like 4K video, immersive audio, personalized tools, and advanced emergency alerts. Powered by ATSC 3.0, it aims to integrate with 5G and broadband services. The launch, coordinated by BitPath, ensures ongoing accessibility for all viewers. Rescan instructions for antenna users can be found at fcc.gov/rescan.
Nexstar Media Group (NASDAQ: NXST) will report its 2020 fourth quarter financial results on February 23, 2021, before the market opens. A conference call will be held at 9:00 a.m. ET the same day to discuss these results. Participants can join the call by dialing 323-794-2597 with conference ID 3115135 or access a live webcast on Nexstar's investor relations website. The company operates 198 television stations, providing services to 39% of U.S. television households, and has a significant digital presence with 122 local websites.
Nexstar Media Group announced that veteran journalist Ashleigh Banfield will host a new hour-long news and talk show titled “Banfield” on WGN America, debuting March 1 at 10 p.m. ET. The show aims to provide balanced reporting and feature interviews with newsmakers and celebrities. Additionally, WGN America will expand its programming and reach 8.5 million more households through new distribution agreements. This expansion aligns with Nexstar's strategy to enhance its news offerings and reach a broader audience.
Nexstar Media Group, Inc. (Nasdaq: NXST) has renewed NBC Television Network affiliations in 33 markets, comprising 29 Nexstar and 4 partner-owned stations. President Tom Carter highlighted the significance of NBC's quality programming, which includes popular shows and live sports, enhancing local news offerings. NBC's President of Affiliate Relations, Philip Martzolf, expressed satisfaction with the ongoing partnership. Nexstar operates 198 TV stations, reaching around 39% of U.S. TV households, and its multi-platform approach supports both local and national advertising.
Nexstar Media Group (Nasdaq: NXST) has finalized a multi-year distribution agreement with DISH Network, restoring access to its 164 local television stations and WGN America for over 5 million subscribers. The deal also includes the launch of WGN America on Sling TV in early 2021. This agreement follows more than 250 distribution deals completed in recent months, securing long-term visibility for retransmission and carriage fees covering 90% of Nexstar's footprint through 2022. Nexstar's services had been unavailable on DISH since December 2, causing inconvenience for viewers.
Nexstar Media Group (NASDAQ: NXST) has announced the launch of NEXTGEN TV, powered by ATSC 3.0, at its Denver local TV stations, KDVR-TV and KWGN-TV. This rollout marks Denver as the second top-20 market and the twelfth market overall to adopt this advanced digital broadcast technology in 2021. NEXTGEN TV promises enhanced viewing features, including better video quality, immersive audio, and mobile broadcasting. Nexstar plans to expand this technology to 32 more stations across 20 additional markets, ultimately reaching approximately 33% of U.S. households served by Nexstar.
NBC 5 Dallas-Fort Worth and Nexstar announce the broadcast of 'Lone Star NYE 2021' on December 31, 2020, from 11:30 p.m. to 12:30 a.m. CST. The program features performances by the Eli Young Band and Ryan Berg, along with Dallas' Reunion Tower fireworks. The live event will air across North Texas and additional markets in Oklahoma, Louisiana, Arkansas, Kansas, and Missouri. This year's broadcast includes a ten-minute fireworks show and aims to unite audiences in celebration amidst a challenging year. The special is sponsored by North Texas Hyundai Dealers and will stream on NBCDFW.com.
Nexstar Media Group, Inc. (Nasdaq: NXST) has announced a multi-year agreement with Hulu, allowing WGN America to reach approximately 4 million new Hulu + Live TV subscribers starting January 19, 2021. This marks Nexstar's third agreement with a streaming service this month, also restoring its ABC-affiliated television stations to Hulu + Live TV. Currently, WGN America is available in about 75 million U.S. households and is known for airing NewsNation, the only live nationwide newscast in prime time.
Nexstar Inc., a subsidiary of Nexstar Media Group (Nasdaq: NXST), announced the acquisition of BestReviews from Tribune Publishing for $160 million. This deal is poised to enhance Nexstar's digital content portfolio and revenue streams. BestReviews, known for its independent product recommendations, attracts 9 million monthly visitors and has impacted over 300 million consumer purchases. The transaction, expected by year-end 2020, aligns with Nexstar's strategy of leveraging its media properties to increase reach and advertising revenues.
Nexstar Media Group (NASDAQ: NXST) announced a multi-year agreement for its cable network, WGN America, to be available on fuboTV starting mid-January. This marks Nexstar’s second partnership with a streaming service this month. The financial terms remain undisclosed. The agreement allows WGN America to extend its reach, especially for its flagship program, NewsNation, a nationwide newscast airing nightly. Sean Compton, President of the Networks Division, emphasized the importance of this expansion for reaching more viewers seeking unbiased news.
