The TV station executive with nearly 30 years of broadcast management, sales, and marketing experience is tapped by Nexstar to lead its Fox-MNT duopoly in Charlotte, N.C.
Nexstar moves the veteran broadcasting executive and GM of its Waco, Texas, stations with 25 years of management, sales, and marketing experience to lead its CW affiliate in Houston.
The group broadcaster is moving a veteran broadcasting executive with management, sales, and marketing experience from its WETM Elmira, N.Y., to lead is CBS affiliate WLNS in Michigan.
Nexstar taps the veteran broadcasting executive with 35 years of management, sales, and marketing experience to lead WHBF-TV, KGCW following the retirement of Marshall Porter.
Nexstar Broadcasting’s three-month nationwide campaign honoring the outstanding contributions that women have made to local communities has culminated in the selection of a Woman of the Year. The married mother of three works as an area lead for the Northern Illinois Food Bank, serving several counties located south and west of Chicago.
Nexstar Broadcasting will host the COVID-19 Virtual Town Hall featuring Tampa Bay area local government leaders, a member of Florida’s State Senate, and two members of Florida’s delegation to the U.S. House of Representatives on Tuesday, May 12, at 7:30 p.m. ET. The Town Hall will feature U.S. Rep. Charlie Crist (D-13), U.S. Rep. Kathy Castor […]
The veteran broadcasting executive with nearly 30 years of sales and marketing experience is tapped to lead Its Greenville, N.C., CBS-CW operation.
Nexstar Broadcasting will host an exclusive live virtual Town Hall meeting, IN Focus: A Coronavirus Town Hall, featuring both of Indiana’s U.S. Senators and eight members of Indiana’s delegation to the U.S. House Representatives on Thursday, April 30, at 7 p.m. ET. The Town Hall will include U.S. Sen. Todd Young (R), U.S. Sen. Mike […]
Nexstar Broadcasting will host a live virtual Town Hall meeting with Tennessee Gov. Bill Lee on Thursday, April 30, at 6:30 p.m. CT. The governor will address the statewide response to the Covid-19 virus and detail the actions the state will take to reopen the economy. He will be joined by Tennessee State Health Commissioner, […]
Working with partners including Nexstar, Comscore says the new service provides preliminary ratings within 48 hours of a telecast to “empower local TV to plan and evaluate with more immediacy.”
New jobs posted to TVNewsCheck’s Media Job Center include openings for a general manager and local sales manager at Nexstar operations in Nashville and Raleigh, N.C.
Nexstar gives him responsibility for WDCW Washington in addition to his existing role as VP-GM of WDVM Hagerstown, Md.
The SVP and regional manager of Nexstar Broadcasting is promoted to the newly created executive sales management position overseeing Nexstar’s sales, business development and revenue initiatives as it prepares to absorb the Tribune Media stations.
Flora Posteraro, the former WHTM Harrisburg, Pa., news anchor whose dismissal has roiled the midstate’s social media world, has now filed sex discrimination and retaliation complaints against her former employer, Nexstar Broadcasting.
At last week’s TV2020 conference, TVNewsCheck Editor Harry Jessell sat down with station group heads Jack Abernethy of Fox, Pat LaPlatney of Raycom, David Smith of Sinclair and Perry Sook of Nexstar for a nuts-and-bolts discussion of the money-making potential of ATSC 3.0. Abernethy liked the technology, but was skeptical about the business models. However, the other three said adopting the new technology is a no-brainer. Said Sook: “It’s the next technological evolution of our business. I think it’s just a matter now of how fast we can roll things out.” Watch the session above.
But three other major stations group heads led by David Smith of Sinclair expressed unqualified enthusiasm for implementing the new broadcast standard, saying it will transform broadcasting into a fast-growing business again. “It’s essential for this industry to survive to have ATSC 3.0 in the marketplace as fast as possible,” said Smith.
Andy Miller is promoted from news director at the company’s WCIA-WCIX to a newly-created position overseeing Nexstar’s Midwest broadcast and digital media local content initiatives.
An apples-to-apples comparison of quarterly numbers factoring out the stations it added shows net revenue, excluding political, was up 12%; core spot revenue was flat; local spot revenue was up low single digits, retransmission consent income grew 40% and digital was up 10%.
Allowing original content to live entirely on other platforms has spread through online publishing with locomotive force. Some broadcasters are experimenting with it, but many worry it will erode traffic to their own websites and apps after spending years cultivating it.
The agreement extends affiliations for nine Nexstar stations and two owned by Mission Broadcasting.
Nexstar Broadcasting will host a Louisiana gubernatorial debate in October, which will air on both Nexstar and non-Nexstar stations throughout the state. The one-hour debate will take place at 7 p.m. Oct. 7 at the Dunham School in Baton Rouge. Participants will include Democratic candidate State Rep. John Bel Edwards, the state house minority leader […]
This is the second round of cuts at the CBS affiliate. The first round came shortly after Nexstar took over the station in February.
The broadcaster rolls out Tactive Digital in 18 markets to serve local and regional clients with mobile marketing, video targeting, reputation management, social media management, search engine marketing, search engine optimization, Web design and native advertising, among others.
The station group has consolidated its three providers of online technology — Inergize, Internet Broadcasting and The Enterprise Technology Group (EndPlay) — into one newly branded business under Phillip Hyun (pictured), the former CEO of Enterprise.”We are looking to leverage the assets and the people … to create a bigger and better company,” Hyun says.
CEO Perry Sook believes there is far more potential for growth in digital than in spot advertising so his company has been expanding its digital footprint through acquisitions. And more are likely to come. He’s on the lookout for specialized or “vertical” websites and tech companies that would help Nexstar exploit social media and native advertising.
It took three extensions before they could get it done, but the station group and satellite carrier now have a retrans deal covering 60 Nexstar stations in 46 markets. Terms were not disclosed.
Nexstar is adding the CW affiliate in Des Moines-Ames, Iowa, to its growing portfolio, buying it from Pappas Telecasting.
Over the past few weeks, we have begun to see how the FCC’s decision in March to curtail the use of joint sales and shared services agreements is impacting the business.Three groups have proposal three different plans to come into compliance with the new rules. Of them, Nexstar’s arrangement with Pluria Marshall is the potential win-win.
As a result of its November deal for Hoak Media, Gray Television will end up with a second duopoly (CBS-Fox) in the Colorado market west of Denver. That’s one too many under the FCC rules — it already has an ABC-NBC duopoly there. So, it’s spinning off the CBS-Fox combo to Nexstar Broadcasting in two separate deals for a total of $37.5 million.
The former WNBC president and general manager will report to Nexstar CEO Perry Sook and help the group expand its offerings and enhance its user platforms and multiplatform integration. “Tom brings outstanding leadership and entrepreneurial skills to Nexstar, and I look forward to working directly with him as our new reporting structure is intended to allow us to take a more holistic approach to business and revenue development,” says Sook.
Local broadcast TV stocks are booming. Shares of Nexstar Broadcasting Group are up 254% in 2013, Sinclair Broadcast Group, with 149 stations, is up 133%. And according to analysts, both companies could gain 20% in the coming year.
This weekend, the group owner will open a new 27,000-square-foot facility that will house its duopoly of WPTY (ABC) and WLMT (CW), plus WJKT, the Fox affiliate in adjacent Jackson, Tenn. The facility will produce 43.5 hours of HD news each week, with WPTY using JVC’s GY-HM650 and 700-series cameras in the field and JVC GY-HD250s in the studio. Master control will be running Sundance automation software.
The Nexstar CEO tells securities analysts to expect more buying and selling of TV stations over the next 18 months as the industry continues to consolidate. Allbritton and Local LLC have declared they are on the block with $3 billion in assets, but many more stations are quietly being shopped, he says. He envisions that six mega-groups will ultimately emerge, with Nexstar being one of them.
The recent flurry of buying and selling TV stations is being fueled by an improving economy and more availiable credit. For many buyers, the focus is not on the large markets: “We believe there are many more opportunities to acquire quality assets and to unlock hidden value in both the middle and small markets,” says Sinclair CEO David Smith. And the activity shows no signs of slowing down.
The veteran station executive takes over Nexstar’s newly acquired ABC-CW duopoly in Salt Lake City.
Nexstar has been an active station buyer this year. The group owner is now in 38 markets with the closing of its deal to buy 10 stations in seven markets from Newport Television.
It’s buying KGPE Fresno and KGET/KKEY-LP Bakersfield, both California, from Newport for $35.4 million and, in a separate deal with Mission Broadcasting, is buying WFFF and WVNY Burlington, Vt.
Nexstar Broadcasting Group Inc. said today that its wholly-owned subsidiary, Nexstar Broadcasting Inc., plans to offer up to $200 million in aggregate principal amount of new senior notes due 2020 in a private offering. Nexstar Broadcasting said it plans to use the net proceeds from the proposed offering to repurchase all of its outstanding 7% […]