Cox Urges FCC To Block Nexstar-MG Merger
Facing a blackout on Nexstar Broadcasting Group stations in nine markets due to stalled retransmission licensing renewal talks, Cox …
earnings call
Meredith ‘Aggressively’ Looking For Stations
The failure to acquire Media General has in no way dampened Meredith’s thirst for acquisitions, and that includes "a handful " of …
Nexstar-Media General: It’s A Done Deal
As expected, Nexstar Broadcasting Group and Media General have reached a deal by which Nexstar will pay $17.14 per share in cash and stock …
Nexstar, Cox Battling Over Retrans Fees
Cox subscribers in nine markets could lose access to 13 Nexstar stations this Friday if a new distribution agreement isn't reached before …
Nexstar Ups Quarterly Dividend By 26.3%
The payout of 24 cents per share marks the third annual consecutive rise in cash dividend and 100% compound annual growth in the payout …
Meredith, Nexstar Fight Over Media General
Nexstar reaches an agreement to buy Media General for $17.66 per share, but Meredith, which had earlier agreed to merge with Media General, …
retrans
Nexstar: Cable One Could Lose Stations
Nexstar Broadcasting Group stations in the Southwest and Southeast are telling viewers who are subscribers to Cable One that "unfortunately, …
Media General Says Nexstar Bid Doesn’t Cut It
Nexstar's takeover bid of $16.31 per share for Media General "does not properly compensate our shareholders," the board says, pointing out …
Media General Rejects Nexstar’s $16.31 Bid
Nexstar CEO Perry Sook says negotiations to acquire Media General are at an impasse after Media General rejected its latest offer of $16.31 …
WSJ: Media Gen. Rejects $16.50 Nexstar Bid
Nexstar last week privately offered a package about $16.30 a share in cash and stock based on Tuesday’s close, The Wall Street Journal …
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Nexstar Buys 4 W.Va. TVs For $130M
The seller is West Virginia Media Holdings. With subchannels, the four stations have seven affiliations with Big Four networks. Nexstar says …
Earnings Call
Sook Updates Nexstar-Media General Status
"We've had conversations with many Media General shareholders who support our combination," Nexstar chief Perry Sook told analysts today.
Quarterly report
Nexstar 3Q Rev Sets Record With 43% Gain
It rises 42.6% to $224.9 million and drives operating income of $48.3 million, up 16%; adjusted EBITDA of $73.1 million, up 27%; and free …
Nexstar Declares Quarterly Cash Dividend
Nexstar Broadcasting Group today announced today that its board of directors declared a quarterly cash dividend of $0.19 per share of its …
Tech Profile
Blake Russell: Nexstar’s Make-It-Work Guy
The station group's SVP of operations has earned the nickname 'the architect" over 18 years by overcoming a wide variety of technical and …
Wells Fargo: Nexstar Prepared To ‘Go Hostile’
If Media General rejects its bid, Nexstar will circumvent the board and management and take its case directly to shareholders, say the …
Media General Investor Pushes For Nexstar
Starboard Value LP, which owns about 4.5% of Media General stock, says it’s in the best interests of shareholders to jettison its deal …
Nexstar Offers $4.1 Billion For Media General
Charging that Media General deal to acquire Meredith is "value-destructive" and "ill-conceived," Nexstar CEO Perry Sook says he is prepared …
Nexstar Buys 4 North Dakota Stations
It’s paying $44 million for CBS affiliates KXMC, KXMB, KXMA and KXMD in Minot-Bismarck-Dickinson-Williston and will also provide …
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Nexstar Completes New Facility In Roanoke
As it opens a new $3 million, 15,000-square-foot building, Nexstar will add 30 employees to support an expansion of its local news …
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Nexstar Names Rafael Archilla Billings GM
The industry executive and Montana native with 16 years of local broadcasting experience will succeed Sandra Zoldowski at the top of KSVI, …
Nexstar To Buy Back $100 Million In Stock
Perry A. Sook, Nexstar chairman, president and CEO: “The repurchase authorization reflects our confidence in the company's growing …
earnings call
Nexstar Holding Onto Its Spectrum
Nexstar CEO Perry Sook tells analysts: "Our position on the auction hasn't changed. We believe the best use of our spectrum would be on a …
Quarterly report
Nexstar Posts Record 2Q Net Revenue
It rises 50.6% to $221.3 million and drives record 2Q operating income of $52.5 million, up 50.4%; adjusted EBITDA of $74.9 million, up 51%; …
Nexstar Renews CBS Affiliation At 5 Stations
A new long-term agreement extends affiliation for five stations owned or operated by Nexstar: KGPE Fresno, Calif.; KREX Grand Junction, …
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Nexstar Ups Stephen Freifeld To GM In Erie
The longtime sales director at WJET-WFXP will now lead the stations and their associated mobile/digital operations.
Quarterly report
Nexstar 1Q Revenue Climbs 52% To $203M
The TV station group’s record first quarter local and national ad revenue growth, aided by station acquisitions, was complemented by a …
Nexstar Ups Underwood To Regional Manager
The station group promotes Theresa Underwood from WSYR Syracuse GM to a newly-created position overseeing Nexstar’s northeast …
Nexstar Adds Matrix CRM, Sales Intelligence
Editor’s Note: Matrix has issues with the Nexstar press release upon which this story was based, so TVNewsCheck has taken down the …
Earnings call
Nexstar Looking At M&A, Growing Digital
"We wouldn't do a transaction just for scale's sake," CEO Perry Sook told analysts this morning."But if the transaction was beneficial to …
Quarterly report
Nexstar 4Q Revenue Up 40%, Year Up 26%
The TV station group’s strong fourth quarter television ad revenue growth was complemented by a 64.6% rise in retransmission fee …
Nexstar Acquires Yashi Video Ad Platform
Nexstar Broadcasting Group has bought Yashi Inc., an online video demand side platform. The $33 million deal puts Nexstar in control of …
Nexstar Raises Quarterly Dividend By 26.7%
The TV station group declares a quarterly cash dividend of $0.19 per share.
Nexstar Extends Sook’s Contract Into 2019
Perry Sook will continue as president-CEO of the television station group he founded in 1996 through January 2019 with this new contract.
Nexstar To Offer $250 Million Of Senior Notes
Nexstar Broadcasting Group announced today that it intends to offer, subject to market and other customary conditions, $250 million in new …
retrans
Nexstar And Charter Reach Retrans Deal
Nexstar Broadcasting Group announced Thursday that it signed a new distribution agreement with Charter Communications before the expiration …
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Down To Retrans Wire For Nexstar In Utah
Negotiations have slowed between Satview Broadband Ltd, which provides cable, Internet and phone services to parts of Northern Nevada, and …
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WOI News Gets Overhaul Beginning In Jan.
You'll see new anchors, a new set and a new slogan when you tune into ABC affiliate WOI Des Moines, Iowa, next month. The revamped broadcast …
Nexstar And NBC Sign Affiliation Contract
The new agreement extends deals for the 16 NBC affiliates owned or operated by Nexstar.
retrans
Nexstar In Third Extension Of Dish Talks
It agrees to continue negotiating a new distribution agreement with the satellite service covering its 60 stations until 11:59 p.m. ET on …
retrans
Nexstar: Dish Subs May Lose Stations Friday
Sixty stations are potentially affected as the station group and satellite distributor have yet to reach a new distribution agreement.
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Nexstar Buying KLAS Las Vegas For $145M
The purchase of the CBS affiliate from Landmark Media Enterprises will boost Nexstar’s holdings to 110 stations with coverage of 18% …
Quarterly report
Nexstar 3Q Net Revenue Climbs 25%
The boost to $154.7 million is driven by increases in every area except national, with big percentage gains from political, digital and …
At Last, FCC OKs Nexstar Buy Of Grant TVs
It took over a year, but the agency finally approved Nexstar's $87.5 million acquisition of seven Grant stations with one being spun off to …
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Nexstar Buying KASW Phoenix For $68M
The deal for the CW affiliate is a result of Meredith agreeing to spin off the station after buying it along with KTVK from Gannett in June.
Sinclair, Nexstar Tops In Spectrum Worth
An analysis from Wells Fargo's Marci Ryvicker says that Sinclair, Nexstar and Media General have the highest median spectrum values as a …
Quarterly report
Nexstar 2Q Net Revenue Up 16.4%
The record revenue of $146.9 million is driven by increases in every area except national, with big percentage gains from political, digital …
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Nexstar Selling WEVV For $18.6 Million
The CBS affiliate in Evansville, Ind., is being purchased by minority-led Bayou City Broadcasting Evansville. The sale brings …
Nexstar Elects C. Thomas McMillen To Board
Nexstar Broadcasting Group today elected C. Thomas McMillen to serve on its board of directors, to replace Royce Yudkoff who has resigned …