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Nexstar Media Group (NXST) Stock News, Aug-Oct 2025

NXST Nasdaq

Nexstar Media Group, Inc. produces and distributes local and national news, sports and entertainment content across television and digital platforms. News about NXST commonly covers advertising and distribution revenue, political advertising cycles, local broadcast operations, The CW Network programming and sports distribution, and the company’s digital partnerships.

Recurring developments also include quarterly earnings, cash dividend declarations, investor-conference participation, debt and tender-offer activity, and corporate updates following Nexstar’s completed acquisition of TEGNA Inc. Company communications frequently connect these topics to broadcast station operations, local journalism, network affiliations, and national content distribution.

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Nexstar Media Group (NASDAQ: NXST) declared a quarterly cash dividend of $1.86 per share. The dividend is payable on Wednesday, November 26, 2025 to shareholders of record on Wednesday, November 12, 2025. The company said it intends to pay regular quarterly dividends for the foreseeable future but noted that all subsequent dividends will be reviewed quarterly and declared at the Board's discretion.

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Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 third quarter financial results announcement for Thursday, November 6, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.

Participants can join via phone using the dial-in numbers 1-877-407-9208 (domestic) or 1-201-493-6784 (international) with conference ID 13755787. Alternatively, interested parties can access the live webcast through Nexstar's website at nexstar.tv. A replay will be available on the website for 90 days following the event.

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NewsNation (NYSE:NXST) and Xsolla announced a content partnership to produce a co-branded gaming vodcast series focused on gaming culture, business, and technology. The series launched with a premiere filmed at Gamescom in August 2025 and will produce ten full-length episodes between 2025 and 2026. Episodes will air on NewsNation and stream on YouTube, Spotify, Apple Music, and social platforms, pairing host Cher Hwang with Xsolla executives, partners, and developers. Production includes studio episodes in Chicago and on-location industry shoots.

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The Professional Bowlers Association (PBA) and The CW Network (NXST) have announced their 2026 PBA Tour schedule, featuring 20 hours of professional bowling coverage across 10 consecutive Sunday afternoons. Starting February 22, 2026, "PBA Championship Sundays on The CW" will air live at 4:00 PM ET, beginning with the PBA Players Championship in Arlington, Texas.

The schedule includes four major championships: the PBA Players Championship, U.S. Open, USBC Masters, and PBA Tournament of Champions. Additional events include the Pete Weber Missouri Classic and the Roth/Holman Doubles Championship. The partnership aims to attract younger and more diverse audiences through simplified schedules and expanded storytelling across platforms.

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Nexstar Media Group (NASDAQ: NXST) has announced the return of "Jimmy Kimmel Live!" to its ABC-affiliated television stations starting tonight. This announcement follows successful discussions with The Walt Disney Company executives regarding Nexstar's concerns.

The company emphasized its commitment to First Amendment principles, unbiased local and national news coverage, and serving community interests. Nexstar highlighted its distinct role as a local broadcaster compared to cable TV, streaming services, and national networks, stressing that its decisions were made independently without external influence.

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Nexstar Media Group (NASDAQ: NXST) has announced that its ABC-affiliated television stations will continue to preempt "Jimmy Kimmel Live!" The decision follows what ABC described as Kimmel's "ill-timed and insensitive" comments during a sensitive period in national discourse.

The company will maintain this preemption until there are assurances of respectful and constructive dialogue in their markets. While the show remains available on Disney's streaming platforms, Nexstar stations will focus on local news and market-relevant programming.

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Nexstar Media Group (NASDAQ: NXST) has announced that its ABC-affiliated television stations will indefinitely preempt "Jimmy Kimmel Live!" starting tonight. The decision comes in response to controversial comments made by Jimmy Kimmel regarding the killing of Charlie Kirk.

Andrew Alford, President of Nexstar's broadcasting division, stated that Kimmel's comments were deemed offensive and insensitive to their local communities. The company will replace the show with alternative programming in its ABC-affiliated markets, citing the need to promote respectful and constructive dialogue.

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WPIX-TV (PIX11) has renewed its multi-platform agreement with SNY to broadcast New York Mets games through 2028. The extended partnership includes 30 games per season from 2026-2028, featuring 25 regular season games primarily as Friday night "Mets Game of the Week" and 5 spring training games.

The coverage expands beyond New York City to include Nexstar-owned stations in Albany, Binghamton, Syracuse, Utica, and Hartford. Each broadcast will include a 30-minute pregame show and authenticated online streaming in local markets. SNY will continue producing the broadcasts with the team of Gary Cohen, Keith Hernandez, Ron Darling, and Steve Gelbs.

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Nexstar Media Group (NASDAQ: NXST) has announced its executive management's participation in four major institutional investor conferences during September and October 2025.

The company's leadership, including Chairman and CEO Perry A. Sook and EVP and CFO Lee Ann Gliha, will participate in fireside chat presentations at the Citi Global TMT Conference (Sept 3), BofA Media Conference (Sept 4), and Goldman Sachs Communacopia (Sept 8). Additionally, President and COO Michael Biard will attend Deutsche Bank's Leveraged Finance Conference (Oct 14).

Live webcasts and replays will be available for the Citi, BofA, and Goldman Sachs presentations through Nexstar's website.

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Nexstar Media Group (Nasdaq: NXST) has entered into a definitive agreement to acquire TEGNA Inc. (NYSE: TEGNA) for $6.2 billion in a cash transaction valued at $22.00 per share, representing a 31% premium to TEGNA's 30-day average stock price.

The combined entity will operate 265 full-power television stations across 44 states, covering 80% of U.S. television households. The transaction is expected to generate $300 million in annual synergies and be over 40% accretive to Nexstar's standalone Adjusted Free Cash Flow in the first year after closing.

The deal, expected to close by second half of 2026 subject to regulatory approvals, will strengthen Nexstar's position in key markets including Atlanta, Phoenix, Seattle, and Minneapolis, while enhancing its ability to compete with Big Tech and legacy media companies.

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FAQ

What is the current stock price of Nexstar Media Group (NXST)?

Nexstar Media Group (NXST) last closed at $169.03.

What is the market cap of Nexstar Media Group (NXST)?

The market cap of Nexstar Media Group (NXST) is approximately $5.2B.