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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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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Nexstar Media Group, Inc. (NXST) and Mission Broadcasting, Inc. launch NextGen TV on WPIX-TV in New York City, marking the 51st Nexstar-owned or partner market to begin broadcasting with ATSC 3.0. This week, Nexstar also transitioned its local television stations in El Paso and Baton Rouge, as well as a partner station in Baton Rouge owned by White Knight Broadcasting, Inc. Over 58 million U.S. television households now receive a NextGen TV signal from a Nexstar-owned or partner station. Nexstar plans to continue market launches in 2024, expecting to transition the Chicago and San Diego markets. ATSC 3.0 is a revolutionary new digital broadcast technology delivering stunning video with brilliant color, sharper images, and deeper contrast to create a more life-like viewing experience.
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Nexstar Media Group, Inc. (NASDAQ: NXST) has promoted Mike Spruill to Vice President and General Manager of its broadcast and digital operations in Nashville, Tennessee. Mr. Spruill brings over 30 years of experience in broadcast television marketing and sales, demonstrating the ability to grow revenue and profitability. He has a proven track record of identifying new revenue streams, cultivating new business, and developing innovative cross-platform solutions for advertisers and marketers. Mr. Spruill has a history of growing broadcasting and digital revenue, deepening community partnerships, and expanding programming in his previous roles. His appointment is expected to drive new business opportunities and strengthen client relationships in Nashville.
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98 Degrees (98D) will perform their greatest hits and release their new single 'Got U' at Midnight on Nexstar Media Group's 'Las Vegas Countdown to 2024' television special. The event will be broadcast in 14 Nexstar television markets, including KTLA-TV, KRON-TV, and KLAS-TV, among others.
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NewsNation (Nexstar Media Group, NGS) and The CW Network drew a combined 4 million viewers for the final GOP Presidential primary debate before the Iowa caucuses. NewsNation achieved its largest audience in history with nearly 1.6 million viewers, and The CW Network delivered over 2.5 million viewers, making it their most watched primetime program since 2018. In New York City, WPIX-TV's broadcast of the debate was #1 in primetime, drawing over 300,000 total viewers. NewsNation's weekday primetime viewership is up 73% in total viewers and 90% among adults 25 to 54, compared to the same time last year. Preliminary digital results show nearly 400,000 users livestreamed the debate via the NewsNation website or mobile app, with record-breaking app numbers.
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Nexstar Media Group, Inc. (NASDAQ: NXST) announces participation in four investor conferences in November and December. Fireside chat presentations at Stephens, BofA Securities, UBS, and MoffettNathanson events. Live webcasts and replays available on Nexstar's website.
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Nexstar Media Group, Inc. (NASDAQ: NXST) to host the fourth Republican presidential primary debate of the 2024 election cycle on December 6th, 2023. The debate will be exclusively aired on NewsNation and The CW Network, featuring moderators Megyn Kelly, Elizabeth Vargas, and Eliana Johnson. The event will take place at the University of Alabama and will be live-streamed on NewsNation's website and Rumble.
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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 $149.23 as of February 25, 2025.
What is the market cap of Nexstar Media Group (NXST)?
The market cap of Nexstar Media Group (NXST) is approximately 4.9B.
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
4.94B
29.01M
6.21%
100.45%
6.49%
Broadcasting
Television Broadcasting Stations
United States
IRVING