Nexstar Media Group (NXST) News
Market Cap: $4.54B
Avg Volume: 527.70K
Industry: Entertainment
Sector: Communication Services
LIFELINES OF HOPE: A SPECIAL CELEBRATING ACTS OF BRAVERY AND COMMUNITY SPIRIT, PRODUCED BY ASSOCIATED TELEVISION INTERNATIONAL
An Uplifting Hour-Long Special Highlights Heroic Acts and the Power of Unity in the Face of Adversity LOS ANGELES , April 22, 2025 /PRNewswire/ -- Lifelines of Hope is an uplifting hour-long special that illuminates acts of bravery and unshakable community spirit—drawn from recent headlines that prove how the darkest moments can inspire the brightest responses. The program will air on May 1 st, 2025 at 9.00pm.
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Tired Of Tariffs? Invest In American Or European Broadcasting
American and European broadcasters hardly experience any direct impact from trade tariffs through the nature of their business. European broadcasters are in the region where stock performance has been better than in the U.S. in 2025. These trade at low valuations and pay attractive dividends. Nexstar Media Group and RTL Group are similar in size and both leading broadcasters in their regions. If Nexstar is a "buy", then RTL Group is a "buy" also.
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Nexstar Media Group to Report 2025 First Quarter Financial Results, Host Conference Call and Webcast on May 8
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 first quarter financial results on Thursday, May 8, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13752833 (domestic and international callers). Participants can also listen to a live webcast of the call thr.
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Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)
Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)
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3 Dividend Stocks That Have Already Raised Their Payouts in 2025
2025 is only a couple of months old, but several companies have already announced sizable dividend hikes. For long-term investors and retirees, dividend growth stocks can be extremely appealing investments, as they reward investors for hanging on, and their payout hikes can offset the effects of inflation.
fool.com
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Nexstar Media Group, Inc. (NXST) Q4 2024 Earnings Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Joe Jaffoni – Investor Relations Perry Sook – Founder, Chairman and Chief Executive Officer Mike Biard – President and Chief Operating Officer Lee Ann Gliha – Chief Financial Officer Conference Call Participants Steven Cahall – Wells Fargo Dan Kurnos – Benchmark Benjamin Soff – Deutsche Bank Craig Huber – Huber Research Partners Aaron Watts – Deutsche Bank Patrick Sholl – Barrington Research Operator Good day, and welcome to Nexstar Media Group's Fourth Quarter 2024 Conference Call. Today's call is being recorded.
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Nexstar Media: Strong Dividend Growth From An Underappreciated TV Business
Nexstar Media: Strong Dividend Growth From An Underappreciated TV Business
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Nexstar Media Q4 Preview: A Good End To 2024
Nexstar Media Q4 Preview: A Good End To 2024
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Nexstar Media Group to Participate in Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in the Morgan Stanley TMT Conference and Deutsche Bank Media Conference in March.
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Nexstar Media Names Samantha Osborne Reynolds as Vice President of Political Sales
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group names Samantha Osborne Reynolds VP of Political Sales. She will oversee the company's new national political sales division.
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Final Trades: Toast, Nexstar Media Group, Salesforce and Intuitive Surgical
The Investment Committee give you their top stocks to watch for the second half.
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Nexstar Names Ric Harris as Vice President and General Manager of Its Broadcast and Digital Operations in Chicago, Illinois
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Ric Harris as Vice President and General Manager of its broadcast and digital operations in Chicago, Illinois (DMA #3), overseeing the long-range planning and day-to-day management of WGN-TV (CW), WGN-TV+, wgntv.com, and their related mobile and social media channels. Mr. Harris succeeds Paul Rennie, who retired last year. He will assume his new duties immediately and report to Brandin S.
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23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
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Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the first quarter of 2025. The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025. Perry Sook, Nexstar Media Group's Founder, Chairman and Chief Executive Officer stated, “Nexstar's twelfth annual dividend i.
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Nexstar & Optimum Reach Carriage Agreement After Standoff
After multiple stations went dark last week, Nexstar has reached a carriage agreement with Altice USA. The partnership agreement was announced Saturday, and although the terms were not released, programming has already been restored to two million subscribers of Optimum TV, which is owned by the U.S. arm of French telecom giant Altice.
deadline.com
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Nexstar and Optimum Partner and Reach Agreement Returning Nexstar Content to Optimum Customers Immediately
IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA's Optimum TV customers. Together, Nexstar and Optimum thank our customers and viewers for their patience as we partnered on the best deal for them. Specific terms of the agreement were not released. About Nexstar Media Group, Inc. Nexstar Media Group.
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Nexstar Media Group to Report 2024 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 27
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13751217 (domestic and international callers). Participants can also listen to a live webcast of the c.
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NewsNation Announces New Additions to Primetime Line-Up
CHICAGO--(BUSINESS WIRE)--NewsNation today announced new additions to its primetime programming line-up, with On Balance hosted by anchor/reporter Leland Vittert taking over the 9 pm ET hour, and Elizabeth Vargas Reports, hosted by veteran journalist Elizabeth Vargas, moving to 7 pm ET. The new line-up is effective Monday, February 10. The network also announced that it has reached a new multi-year agreement with Ms. Vargas to continue hosting her weeknight program. “We're extremely happy to be.
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Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
benzinga.com
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While Nexstar Continues to Dodge FCC Rules, Optimum Focuses on Customer Choice and Value
NEW YORK--(BUSINESS WIRE)--Optimum calls on Nexstar, the owner of multiple broadcast stations across the country, to put its viewers first and stop driving up TV prices for consumers. While Nexstar continues to make unreasonable demands that are not in line with the reality of today's TV landscape, Optimum is at the forefront of fighting for customers' rights while bringing them affordable video solutions to keep costs down. Further to their egregious rate demands – the highest of any broadcast.
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Viewers Deprived of Critical News, Severe Weather Alerts, and the NFL Playoffs, as Altice USA Drops 63 Nexstar Television Stations From Optimum Platform
IRVING, Texas--(BUSINESS WIRE)--Altice USA drops the network and local programming provided by Nexstar Media Group television stations from Optimum, impacting millions of viewers.
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Optimum Announces Update on Carriage Negotiations With Nexstar; Offers Customers Solutions to Keep Watching Their Local Broadcast Stations
NEW YORK--(BUSINESS WIRE)--Despite Optimum's best efforts to reach a fair and reasonable agreement with Nexstar, the owners of multiple broadcast stations, their content has been removed from Optimum TV lineups, effective 5:00PM ET today. Optimum offered an extension to keep Nexstar's content on the air while we continued to negotiate to reach a fair deal for our customers, but Nexstar refused. Optimum issues the following statement on its carriage negotiations with Nexstar and customer-friendl.
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Nexstar's Interactive Television, M&A, And Why It's A Buy
Nexstar Media Group is poised for growth with the adoption of ATSC 3.0, enhancing interactive TV, signal encryption, and data services. Significant investments in new stations, digital tools, and acquisitions, along with strong asset growth, make NXST a compelling buy at 7x earnings. Despite high leverage, NXST's increasing equity, cash flow growth, and strategic acquisitions indicate robust future financial performance and scalability.
seekingalpha.com
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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
benzinga.com
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Nexstar Appoints Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group appoints Bill Sammon to Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation.
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Nexstar Media Group, Inc. (NXST) Q3 2024 Earnings Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Perry Sook - Founder, Chairman & Chief Executive Officer Mike Biard - President & Chief Operating Officer Lee Ann Gliha - Chief Financial Officer Conference Call Participants Dan Kurnos - Benchmark Benjamin Soff - Deutsche Bank Steven Cahall - Wells Fargo Jason Bazinet - Citibank Craig Huber - Huber Research Partners Jim Goss - Barrington Research Barton Crockett - Rosenblatt Operator Good day, and welcome to Nexstar Media Group's Third Quarter 2024 Conference Call. Today's call is being recorded.
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Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
IRVING, Texas--(BUSINESS WIRE)--The Nexstar Media Group Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock.
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Nexstar Media: Political Advertising, Buybacks Should Provide A Promising Seasonal Entry Point
Nexstar Media is fundamentally undervalued with a fair value of $245, presenting over 40% upside from current prices. Seasonal patterns, particularly during election years, show significant stock performance, possibly driven by political advertising revenue. Political advertising cashflows can fuel substantial buybacks, enhancing shareholder value and supporting the stock price.
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Nexstar Media Group to Expand Presence in Cleveland With Acquisition of WBNX-TV/TV55
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company.
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Is the Options Market Predicting a Spike in Nexstar Media (NXST) Stock?
Investors need to pay close attention to Nexstar Media (NXST) stock based on the movements in the options market lately.
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Nexstar Media Raises Nearly $1.5 Million to Date for Hurricane Relief Efforts
IRVING, Texas--(BUSINESS WIRE)--Nexstar's businesses helped raise nearly $1.5 million to support relief efforts related to Hurricane Helene and potentially Hurricane Milton.
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CW Parent Nexstar Parting Ways With Chief Revenue Officer Michael Strober
Nexstar Media Group, which hired Turner veteran Michael Strober as EVP and Chief Revenue Officer in 2022, has eliminated his position. In an SEC filing Friday, the company said Strober had been notified that his role had been discontinued “in favor of a more streamlined organizational structure.
deadline.com
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3 Little-Known Hollywood Stocks You Should Buy
Macquarie analyst Tim Nollen recently stated that none of the top five Hollywood stocks were worth recommending.
247wallst.com
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Nexstar Media: Well Positioned In A Highly Challenging Industry
Nexstar Media Group was a top performer from 2012 to 2022 but currently trades at a low valuation (6x FCF) due to concerns about the shrinking linear TV industry. Within the linear TV industry, however, Nexstar Media is uniquely well-positioned and should therefore produce above-average results. Due to its low valuation, Nexstar does not need any growth to produce superior returns.
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Nexstar Television Stations in Augusta, Georgia; Monroe, Louisiana; Wichita Falls, Texas; Terre Haute, Indiana; and Utica, New York, to Become CW Network Affiliates
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW Network. All five local stations will begin carrying the network's primetime entertainment, live sports, and special event progr.
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Are AI Stocks A Better Investment Then Value Stocks?
One can find stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation - to historic trends. This article compares investing in the Magnificent Seven Stocks to high total return dividend value stocks. The best-balanced stocks provide potential returns three times that of the Magnificent Seven.
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Nexstar Media Names Scott Weaver Senior Vice President of Government Relations
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Washington, D.C., and media and telecommunications industry advocate Scott Weaver as the company's Senior Vice President of Government Relations. He will report directly to Nexstar's Chairman and Chief Executive Officer, Perry Sook, and will begin his new duties on September 5. In this newly created role, Mr. Weaver will work with Mr. Sook to set the company's legislative and regulatory.
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Nexstar Media Group, Inc. (NXST) Q2 2024 Earnings Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Joseph Jaffoni - IR Perry Sook - Founder, Chairman & CEO Michael Biard - President & COO Lee Ann Gliha - CFO Conference Call Participants Benjamin Soff - Deutsche Bank Daniel Kurnos - Benchmark Jason Bazinet - Citi Craig Huber - Huber Research Partners Steven Cahall - Wells Fargo James Goss - Barrington Research Operator Good day, and welcome to Nexstar Media Group's Second Quarter 2024 Conference Call. Today's call is being recorded.
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3 Dividend Growth Names With Potential For Your Watchlist
Today, we are looking at screening for new potential watchlist names that have provided elevated levels of dividend growth over time. High dividend growth companies like Microsoft and Mastercard can provide substantial growth in dividends, thanks to their consistent earnings growth. We are looking at a quick overview of three different companies that screen the highest to see if they may be worthwhile names for our watchlist.
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Broadcast Giant Nexstar Misses Q2 Estimates, Says It Is “Executing” CW Plan As Network Losses Shrink
Broadcast TV giant Nexstar Media Group undershot Wall Street analysts' estimates for the second quarter, but said losses are continuing to narrow at The CW. The company reported a 2% uptick in revenue in the second quarter to $1.27 billion, which was short of forecasts for $1.3 billion. Diluted earnings per share of $3.
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Nexstar Media Group Reports Record Second Quarter Net Revenue of $1.27 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports record second quarter net revenue of $1.27 billion and returns $190 million in capital to shareholders.
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Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation - to historic trends. This article compares the earnings growth, dividend yield, current valuation, and estimated future return of 53 stocks.
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PARAMOUNT GLOBAL AND NEXSTAR MEDIA RENEW AFFILIATION AGREEMENTS
Multi-Year Renewal Covers CBS Affiliated Television Stations in 42 Markets Owned by Nexstar and Mission Broadcasting, Inc. Paramount-owned Stations in Miami and Detroit To Become CW Network Affiliates on September 1 IRVING, Texas and NEW YORK , July 30, 2024 /PRNewswire/ -- Nexstar Media Group, Inc. (NASDAQ: NXST) (Nexstar) and Paramount Global (NASDAQ: PARA, PARAA) (Paramount) today announced that Nexstar and its operating partner, Mission Broadcasting, Inc. (Mission), have reached comprehensive multi-year agreements to renew CBS Television Network affiliations in 42 markets across the country, including 40 stations owned by Nexstar and two stations owned by Mission. Together, the 42 stations reach 15% of the U.S. audience, serving nearly 19 million television households.
prnewswire.com
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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
benzinga.com
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Nexstar Media: Earnings Poised To Inflect, Potential $50 Of FCF/Share On The Horizon
Nexstar's true value is obscured by stalling carriage fee growth, CW Network losses, and de-bundling fears. All three headwinds will reverse over the next 12 months. NXST is poised to generate $40/share of FCF by year-end against a share price of $170. Management is committed to buybacks and is repurchasing 10% of the float per year, while also paying a 4 percent dividend.
seekingalpha.com
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3 Overlooked Stocks on the Edge of an Unstoppable Surge
Amid the rush of mainstream investments, certain jewels in the stock market scene frequently go undiscovered. These three overlooked stocks are promising, but many investors remain unaware.
investorplace.com
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3 High-Yield Stocks to Buy Now for Explosive Returns
Investors always search for stocks offering explosive returns. A higher price-to-earnings (P/E) ratio typically helps identify opportunities with higher future growth.
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Nexstar Media Group to Report 2024 Second Quarter Financial Results, Host Conference Call and Webcast on August 8
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2024 second quarter financial results on August 8, and host a conference call and webcast that morning at 10am ET.
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Nexstar Promotes Lloyd Bucher to Vice President and General Manager of Its Broadcast and Digital Operations in Philadelphia, Pennsylvania
IRVING, Texas--(BUSINESS WIRE)--Nexstar promoted Lloyd Bucher to Vice President and General Manager of its broadcast and media operations in Philadelphia, PA, including WPHL-TV (CW).
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Major Broadcasters Launch NextGen TV on Four Local Television Stations in Myrtle Beach-Florence, SC
MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Leading television stations serving the Myrtle Beach-Florence market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology. Today's launch includes WPDE-TV (ABC), WBTW (CBS), WHMC (ETV and SCETV PBS Kids 24/7) and WWMB (Dabl). Based on the same fundamental technology as the Internet and digital apps, NextGen TV can support a wide range of features that are currently in development. In addition to providing a new, improved.
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Nexstar Names Lisa Taylor as Senior Vice President of Digital Advertising Sales
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group appointed Lisa Taylor SVP of Digital Advertising Sales, responsible for accelerating digital revenue across the broadcast group.
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Nexstar Honors the Heroes of “D-Day” With Documentary Airing on Its Local TV Stations and Cable News Network, NewsNation
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc., today announced that its owned and partner television stations will air “D-Day: The Greatest Victory,” to commemorate the 80th anniversary of D-Day, the largest air, land, and naval operation in wartime history, when Allied troops landed on the coast of Normandy, France, to liberate Europe from the Nazis. Produced by Nexstar Broadcasting in association with WAVY-TV in Norfolk, Virginia, the exclusive program will air in 117 markets acro.
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25 Nexstar Television Stations Win 35 Regional Edward R. Murrow Awards for Outstanding Journalism and Exceptional Locally Produced News Programming
IRVING, Texas--(BUSINESS WIRE)--Nexstar stations earned 35 regional Edward R. Murrow Awards from the Radio Television Digital News Association (RTDNA) for outstanding journalism.
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NewsNation Expands to 24/7 Cable News Network on June 1
CHICAGO--(BUSINESS WIRE)--NewsNation, America's source for engaging and unbiased news, will expand its news programming to 24-hours-per-day Monday to Sunday, beginning June 1.
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The CW Network Announces Its Seven-Night Primetime Schedule for 2024-2025
BURBANK, Calif.--(BUSINESS WIRE)--The CW Network will launch its seven-night 2024-25 primetime schedule in the Fall of 2024 with an exciting array of new programming and sports.
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The CW Network to Broadcast Pac-12 Football Games to a National Audience in 2024
BURBANK, Calif.--(BUSINESS WIRE)--The CW Network will be the broadcast home for 11 Pac-12 football games featuring Oregon State and Washington State during the upcoming 2024 season.
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Nexstar Media Group, Inc. (NXST) Q1 2024 Earnings Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Joseph Jaffoni - JCIR Perry Sook - Founder, Chairman & CEO Michael Biard - President & COO Lee Ann Gliha - EVP & CFO Conference Call Participants Daniel Kurnos - The Benchmark Company Benjamin Soff - Deutsche Bank Steven Cahall - Wells Fargo Securities Alan Gould - Loop Capital Markets Craig Huber - Huber Research Partners James Goss - Barrington Research Associates Jason Bazinet - Citigroup John Kornreich - BK Media Aaron Watts - Deutsche Bank Barton Crockett - Rosenblatt Securities Operator Good day, and welcome to Nexstar Media Group's First Quarter 2024 Conference Call. Today's call is being recorded.
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Nexstar CEO On CBS Stations – Can't Buy Them Under Current Regulatory Regime “But If That Were To Change, Maybe Our Opinion Would Change”
With Paramount Global and its assets currently in play, Nexstar CEO Perry Sook was asked on a call today if the nation's biggest broadcast might look at CBS stations.
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3 Media Stocks to Buy for a Post-Donald Trump World
Media stocks are important investments, especially as media giants transition from conventional to digital channels and the Trump Media & Technology Group (NASDAQ: DJT ), or TMTG, loses more than half its value from a 52-week high of $79.38. TMTG reported substantial losses for 2023, totaling about $58 million, against revenues of only $4.1 million.
investorplace.com
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New Strong Sell Stocks for April 5th
NXST, OEC and SZKMY have been added to the Zacks Rank #5 (Strong Sell) List on April 5, 2023.
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2 Strong Dividend Buys And 2 Sells For Q2 2024
I present you our framework for buying and selling dividend stocks. It follows our simple motto of buy low, sell high, get paid to wait. Here are 2 brilliant buys and 2 smart sells for Q2 2024.
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Nexstar Media Group to Report 2024 First Quarter Financial Results, Host Conference Call and Webcast on May 9
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2024 first quarter financial results on May 9, 2024, and host a conference call and webcast at 10am ET that morning.
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Ready to Rock: 3 Entertainment Stocks to Buy for the 2024 Concert Season
Last year was a landmark time for concerts, with record-breaking Taylor Swift and Beyoncé tours. This year could be another banger for the music industry, with several big names set to tour.
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Nexstar Fined $1.2M By FCC And Could Lose Control Of CW Flagship WPIX-TV In New York; Company Vows To “Vigorously” Fight Ruling
The Federal Communications Commission has determined that local TV giant Nexstar Media Group's takeover of WPIX-TV in New York in 2020 violated federal limits on station ownership. In a ruling issued Thursday, the regulatory agency ordered Mission Broadcasting, Nexstar's partner in WPIX, to sell the station.
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Nexstar Media Releases Statement on FCC Ruling Regarding Its Relationship With WPIX-TV
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST), today released the following statement from its Chairman and Chief Executive Officer, Perry Sook, about the FCC's action regarding the Company's relationship with WPIX-TV in New York City: “We are extremely disappointed in today's action by the Federal Communication Commission regarding our relationship with WPIX-TV and we intend to dispute it vigorously. We believe the FCC has been misled by the often distracting noise i.
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5 Mid-Caps to Buy Before the Next Broad Market Sell-Off
Concentration and a dimming outlook for earnings growth (outside of tech) in 2024 have the S&P 500 NYSEARCA: SPY set up for a correction. It may not happen soon, but signs continue to grow, with investors flooding into market leaders like NVIDIA NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD, Amazon NASDAQ: AMZN, and Meta Platforms NASDAQ: META, and expectations for rate cuts are receding.
marketbeat.com
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New Strong Sell Stocks for March 11th
ALEX, CSCO and NXST have been added to the Zacks Rank #5 (Strong Sell) List on March 11, 2024.
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Nexstar Media: Political Advertising Revenue Could Aid Earnings Growth
Nexstar Media Group is anticipated to see a significant rebound in Political Advertising given the upcoming U.S. Presidential Election. While net revenue came under pressure in Q4 2023, as compared to the prior year quarter, operating expenses also saw a decline during this period. I take a bullish view of Nexstar Media Group.
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The 3 Best Election Stocks to Buy After Super Tuesday
Yesterday marked the most important day of the 2024 presidential primary election. In keeping with many predictions, Donald Trump enjoyed a substantial Super Tuesday victory over his Republican challenger, former South Carolina governor Nikki Haley.
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Nexstar Media Group (NXST) Q4 Earnings and Revenues Fall Y/Y (Revised)
Nexstar Media Group's (NXST) fourth-quarter results reflect a steady fall in revenues primarily due to a lack of material election activity in odd years.
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My Dividend Growth Portfolio February Update
As we reach the 15th anniversary of the 2009 market lows, I am thankful to be a dividend growth investor. February brought several dividend increases to the portfolio, but there will be none in March. While the market as a whole is overvalued, several high-quality dividend growth companies look interesting at today's prices.
seekingalpha.com
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3 Entertainment Stocks That Will Entertain You All the Way to the Bank
Entertainment stocks are some of the more interesting names to research, but besides the opportunity to invest in fun, familiar brands, stocks in this category can sometimes represent high-potential investment opportunities. The “show business” end of the entertainment sector is at a crossroads.
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Nexstar Broadcasting Group (NXST) Lags Q4 Earnings and Revenue Estimates
Nexstar Broadcasting Group (NXST) came out with quarterly earnings of $3.32 per share, missing the Zacks Consensus Estimate of $4.42 per share. This compares to earnings of $8.04 per share a year ago.
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Nexstar Media Group Reports Fourth Quarter Net Revenue of $1.3 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports 2023 fourth quarter and full year financial results and issues 2024 Adjusted EBITDA guidance of $2.085 to $2.195 billion.
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Brokers Suggest Investing in Nexstar (NXST): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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Nexstar Media Names Chris Pruitt as Vice President and General Manager of Its Springfield, Missouri Broadcast and Digital Operations
SPRINGFIELD, Mo. & IRVING, Texas.--(BUSINESS WIRE)--Nexstar Media Group named Chris Pruitt as Vice President and General Manager of its broadcast and digital operations in Springfield, Missouri.
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11 Stocks Michael Burry Was Buying and Selling in Q4
Michael Burry, the infamous investor known for being one of the first to bet against the housing market ahead of the 2008 financial crisis, made some big moves in Q4 2023. Indeed, Burry made hundreds of millions for his firm, Scion Asset Management, as subprime mortgage bonds started failing in the mid-2000s.
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Nexstar Media Appoints Stacey Lynn Schulman as Executive Vice President, Platform Marketing and Intelligence
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. appointed Stacey Schulman Executive Vice President, Platform Marketing and Intelligence, a newly created position.
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Nexstar Media Names Angie Salas as Vice President and General Manager of Its Broadcast and Digital Operations in Champaign, IL
CHAMPAIGN, Ill. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media names Angie Salas VP and General Manager of WCIA-TV and WCIX-TV broadcasting and digital operations in Champaign and Springfield, IL.
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Nexstar Broadcasting Group (NXST) Rises Higher Than Market: Key Facts
In the closing of the recent trading day, Nexstar Broadcasting Group (NXST) stood at $172.92, denoting a +0.79% change from the preceding trading day.
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Nexstar Media Group Board Adopts Policy Regarding the Roles of Chairperson of the Board of Directors and Chief Executive Officer
IRVING, Texas--(BUSINESS WIRE)--Nexstar's Board of Directors has adopted a new policy regarding the roles of Chairperson of the Board of Directors and Chief Executive Officer.
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MoneyShow's Best Investment Ideas For 2024: Part 6
MoneyShow presents top investment ideas for 2024 from their contributors. This year's edition presents a broad mix of conservative income stocks, more speculative but potentially more rewarding growth stocks, as well as ETF recommendations that target commodities, cryptocurrencies, and fixed income.
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Wall Street Bulls Look Optimistic About Nexstar (NXST): Should You Buy?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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NIELSEN AND NEXSTAR ANNOUNCE COMPREHENSIVE AGREEMENT FOR LOCAL & NATIONAL TV MEASUREMENT SERVICES
Nielsen remains a preferred Nexstar provider of currency-grade TV audience data NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Nielsen, a global leader in audience measurement, data and analytics, today announced a multi-year extension of an agreement with Nexstar Media Group, Inc.(NASDAQ: NXST), to provide Local and National TV measurement services across Nexstar's media businesses, including The CW Network, NewsNation, Antenna TV, and 200 owned or partner television stations in 116 local markets across the country. Under the terms of the agreement, Nielsen will continue to be a preferred Nexstar provider of currency-grade TV audience data.
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Nexstar Broadcasting Group (NXST) Stock Falls Amid Market Uptick: What Investors Need to Know
Nexstar Broadcasting Group (NXST) closed at $179.96 in the latest trading session, marking a -0.37% move from the prior day.
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Nexstar Media Names Bill Dallman as Vice President and General Manager of Its Broadcast and Digital Operations in Grand Junction, Colorado
GRAND JUNCTION, Colo. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media appoints Bill Dallman VP and General Manager of KREX-TV and KGJT-TV broadcast and digital operations in Grand Junction and Montrose, CO.
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Nexstar Media Group Raises Quarterly Cash Dividend by 25% to $1.69 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group increased its quarterly cash dividend by 25% to $1.69 per share beginning with the dividend declared for the 2024 first quarter.
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Nexstar Broadcasting Group (NXST) Stock Declines While Market Improves: Some Information for Investors
In the most recent trading session, Nexstar Broadcasting Group (NXST) closed at $173.57, indicating a -1.61% shift from the previous trading day.
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The CW Network Appoints Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing
BURBANK, Calif.--(BUSINESS WIRE)--The CW Network appoints experienced media executive, Erin McIlvain, to Senior Vice President of Affiliate Distribution and Marketing.
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Nexstar Broadcasting Group (NXST) Suffers a Larger Drop Than the General Market: Key Insights
Nexstar Broadcasting Group (NXST) concluded the recent trading session at $169.38, signifying a -1.42% move from its prior day's close.
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Nexstar Media to Mark Dr. Martin Luther King Day With Special Programming Featuring His Only Grandchild
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will air “A Granddaughter's Dream,” a tribute to Dr. Martin Luther King, Jr., and his wife Coretta Scott King, beginning Jan. 13.
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Nexstar Media Group to Report 2023 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on February 28
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report its 2023 fourth quarter and full year financial results on Wednesday, February 28, 2024.
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Nexstar Media Enters Into Time Brokerage Agreement With KAZT-TV in Phoenix, Arizona
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has entered into a multi-year time brokerage agreement with KAZT-TV in Phoenix, Arizona, the nation's 11th largest TV market.
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