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.
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NewsNation, the fastest-growing cable news network in America, is launching a new Sunday public affairs program called The Hill Sunday with Chris Stirewalt. The program will feature politicians and newsmakers discussing the latest political news from the nation’s capital, along with a panel of guest commentators offering insight and analysis of the week’s key stories. Chris Stirewalt, NewsNation’s political editor, will host the program, bringing his experience from covering major political events and leading the editorial team involved in the network’s 2024 presidential town halls. The announcement comes on the heels of NewsNation's recent launch of a three-hour weekend edition of Morning in America anchored by Hena Doba.
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The CW Network appoints Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing. She will manage the network's distribution and oversee affiliate relations with station group partners. Ms. McIlvain has extensive experience in the media business, previously working with DISH Network, Charter Communications, and Crown Media Holdings, Inc. She was also responsible for growing GAM Media's distribution from 31 million to over 50 million television households. Ms. McIlvain's appointment is expected to help The CW expand its reach and forge collaborative relationships with its affiliate partners.
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NewsNation (NTCO) Announces New Weekend Programming and Enhanced Weekday Lineup
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Nexstar Media Group, Inc. (NXST) to air 'A Granddaughter's Dream' program across 116 markets, featuring Yolanda Renee King, the granddaughter of Dr. Martin Luther King, Jr. and Coretta Scott King. The program coincides with the national celebration of Dr. Martin Luther King Day and includes interviews and discussions about Ms. King's activism and her book 'We Dream a World: Carrying the Light From My Grandparents Martin Luther King, Jr. and Coretta Scott King'. Nexstar Media Charitable Foundation to donate $10,000 to the Drum Major Institute.
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Nexstar Media Group, Inc. (NASDAQ: NXST) will report its 2023 fourth quarter and full year financial results on February 28, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET to review the results. Interested parties can access the conference call by dialing +1 877-407-9208 or +1 201-493-6784, conference ID 13743674 (domestic and international callers). A live webcast of the call will be available through the 'Events and Presentations' section under 'Investor Relations' on Nexstar’s website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at the same website.
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Nexstar Media Group, Inc. (NASDAQ: NXST) has entered into a multi-year time brokerage agreement with KAZT-TV in Phoenix, Arizona, the nation’s 11th largest television market. KAZT-TV will become an affiliate of The CW Network on February 1, providing viewers with LIV Golf, ACC college football and basketball, WWE NXT, and NASCAR Xfinity Series Racing. Nexstar will provide programming and other services to strengthen the station’s relationship with the local community. The agreement expands Nexstar's presence to ten of the 15 largest TV markets in the U.S., and 18 of the top 25.
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Nexstar Media Group, Inc. (NASDAQ: NXST) and FuboTV Inc. (NYSE: FUBO) have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations and Nexstar’s national cable news network, NewsNation. The agreement includes stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, with financial terms undisclosed.
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Nexstar Media Group, Inc. (NXST) extends employment agreement with CFO Lee Ann Gliha, emphasizing her significant leadership role in strategic planning, business development, and mergers and acquisitions. Chairman and CEO Perry Sook praises Gliha's positive impact and financial acumen.
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Nexstar Media Group, Inc. (NASDAQ: NXST) announces that its television stations in Grand Rapids, Michigan, Sioux Falls, South Dakota, and Panama City, Florida, will carry The CW Network's primetime entertainment and live sports programming on their digital subchannels starting January 1, 2024. This move will increase the total number of Nexstar and partner-owned CW affiliates to 45, covering over 39% of U.S. TV Households. The addition of CW programming will provide more opportunities for advertisers to reach viewers, especially with the premieres of new entertainment shows and ACC college basketball. The CW Network, reaching 100% of U.S. households, delivers 15 hours of primetime entertainment programming per week and over 300 hours of live sports annually, including LIV Golf, ACC football and basketball games,
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Local Broadcasters Bring High-Tech Television to Local Viewers EL PASO, Texas. The leading television stations in El Paso, including KVIA-TV (ABC), KDBC-TV (CBS), KTSM-TV (NBC), KFOX-TV (FOX), and KTDO (Telemundo), have launched NextGen TV, a revolutionary new digital broadcast technology. NextGen TV features stunning video with brilliant color, sharper images, and deeper contrast, providing a more life-like experience. It also includes advanced emergency alerts and new Voice+ dialogue enhancement. NextGen TV, powered by ATSC 3.0, is the most significant broadcast technology upgrade in history. The launch in El Paso follows a decade of development and months of planning and preparation by the local stations.
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FAQ
What is the current stock price of Nexstar Media Group (NXST)?
The current stock price of Nexstar Media Group (NXST) is $169.75 as of November 22, 2024.
What is the market cap of Nexstar Media Group (NXST)?
The market cap of Nexstar Media Group (NXST) is approximately 5.6B.
What is Nexstar Media Group, Inc.?
Nexstar Media Group, Inc. is the largest television station owner-operator in the United States, with over 200 television stations in 116 markets.
What networks are affiliated with Nexstar Media Group?
Nexstar's stations are affiliated with major networks such as CBS, Fox, NBC, and ABC.
What digital platforms does Nexstar operate?
Nexstar operates digital platforms like The Hill and NewsNationNow.com, offering local news and information.
What recent achievements has Nexstar accomplished?
Nexstar recently extended a multi-year agreement with Nielsen for TV and digital measurement services.
How does Nexstar support local communities?
Nexstar delivers unique local content and provides businesses with targeted advertising solutions to engage local audiences.
What is the significance of Nexstar's agreement with Nielsen?
The agreement with Nielsen allows Nexstar to leverage advanced audience measurement tools for more accurate data and insights.
How has Nexstar grown over the years?
Nexstar has grown from a single station to the largest U.S. TV station operator in 20 years, expanding its portfolio and market reach.
What is NewsNation?
NewsNation is America's fastest-growing national cable news network, owned and operated by Nexstar Media Group.
What stake does Nexstar have in the Food Network?
Nexstar holds a 31% ownership stake in the Food Network and the Cooking Channel.
How many U.S. TV households does Nexstar reach?
Nexstar reaches approximately 68% of U.S. TV households, making it the largest TV station operator in the country.
Nexstar Media Group, Inc.
Nasdaq:NXST
NXST Rankings
NXST Stock Data
5.60B
29.05M
6.23%
96.73%
6.02%
Broadcasting
Television Broadcasting Stations
United States of America
IRVING