Lloyd Bucher Is Nexstar’s New GM In Charlotte

The veteran media executive with more than 25 years of experience in broadcast sales, marketing and management will oversee WJZY and WMYT in North Carolina

Rewind TV Debuts Today Across 50M Homes

The new diginet from Nexstar begins airing classic TV programming from the 1980s and 1990s in markets covering 40% of the U.S., including New York, Los Angeles and Chicago.

JESSELL AT LARGE

Nexstar Climbs A New Hill

The growing broadcast group’s leader, Perry Sook, is spending $130 million on D.C.-based political news operation The Hill in his latest bid to expand into national news. I’m guessing that Sook is not done with his news-empire building. And what he needs (other than a dual revenue stream for The Hill) is a business site.

Nexstar Launching Sports Wagering Diginet

Nexstar Media and SportsGrid Inc., this morning unveiled SportsGrid Network, a diginet devoted to sports wagering and fantasy sports. SportsGrid Network will debut Sept. 1. Nexstar will distribute it in nine of its markets where it has space on subchannels: San Francisco, Washington, Tampa, Portland, Nashville, Norfolk, Grand Rapids, Knoxville and Des Moines.

Nexstar Names Stephen Eaton VP In Billings

Stephen Eaton, a media executive with more than 25 years of local broadcast experience, will oversee KSVI and Mission Broadcasting’s KHMT in Montana.

Wes Rapaport Leaves Nexstar Austin Bureau

Nexstar Hires DJ Rick Dees As Voice Of Rewind TV

QUARTERLY REPORT

Nexstar’s 2Q Net Revenue Grows 24%

The increase to $1.1 billion from 2Q 2020 was boosted by core ad revenue growth of 42%, higher distribution fee revenue (up 15%) and digital revenue growth of 57%.

MARKET SHARE MONDAY MEMO

New ‘NewsNation’ Ad Campaign Pledges ‘News For All America’

NewsNation, Nexstar Media’s nascent cable network, is set to launch a new promotional campaign across the country in September. “What you hear and see in this campaign is very much a decidedly different tone of voice,” says Jonathan Killian, NewsNation’s VP of creative marketing and brand communication.

 

Nexstar Declares Quarterly Cash Dividend

Nexstar Media Group’s board of directors today announced a quarterly cash dividend of $0.70 per share of its Class A common stock. The dividend is payable on Friday, Aug. 27, to shareholders of record on Friday, Aug. 13.

Nexstar Names Lee Ann Gliha EVP-CFO

The finance executive with more than 20 years of experience in media, broadcasting and entertainment investment banking joins the company on Aug. 9.

MARKET SHARE MONDAY MEMO

Nexstar Celebrates Its Digital Content Influencers

Some journalists responsible for digital content on Nexstar’s TV stations’ websites got a company-wide nod, thanks to Austin Kellerman, Nexstar’s director of digital content.

NewsNation Expanding Programming, Adds Dan Abrams, New A.M. Show

Beginning Sept. 27, the Nexstar cable network will feature 55 hours of live news, analysis and talk each week. Abrams will host Dan Abrams Live and Adrienne Bankert will anchor its new live national weekday newscast Morning in America.

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Nexstar And KTLA Donate To Los Angeles Urban League

WCIA Apologizes For Coverage Of Officer Killed In Line Of Duty

In an extraordinary on-air move, Nexstar-owned CBS affiliate WCIA Champaign, Ill., ran a segment apologizing to viewers for the station’s coverage of the death of police officer Chris Oberheim who was killed in the line of duty in May.

Nexstar Sues Comcast Over WPIX Retrans Fees

Nexstar Media Inc. filed a suit against Comcast Cable Communications charging that the cable company was breaching its retransmission contract by failing to pay fees for carrying WPIX New York. In the suit, filed in New York State Supreme Court, Nexstar is seeking unspecified damages, interest and other costs, including attorney’s fees.

Jeff Miller To Lead Nexstar In Brownsville

The broadcast executive with nearly 30 years of leadership experience will oversee Nexstar’s KVEO, valleycentral.com and Mission Broadcasting’s KGBT.

Donna D’Amico Tapped To Lead Nexstar In Colorado Springs

The veteran sales executive with more than 30 years of experience will oversee KXRM and KXTU as vice president and general manager.

Comcast Says Nexstar Violates Audience Cap, Tribune Order

Comcast wants the FCC to issue a ruling that Nexstar should be attributed ownership of WPIX New York , which would make it in violation of the commission’s 39% cap on broadcast national audience reach. The cable operator claims Nexstar’s divestiture of the station to meet FCC requirements in its acquisition of Tribune was a “sham.”

Cherie Grzech Joins NewsNation As News VP, Managing Editor

NewsNation, Nexstar Media’s cable network reaching 75 million U.S. television households, today announced that veteran news executive Cherie Grzech will join the network as vice president of news, managing editor, effective July 19. She will oversee the network’s day-to day news gathering and production process and supervise a staff of more than 100 reporters, producers, […]

Nexstar Names James Baronet VP-GM In Topeka

The broadcast executive with nearly 20 years of leadership experience will oversee the broadcast and digital operations of Nexstar’s KSNT, KTMJ and the company’s operational agreements with Vaughan Media’s, KTKA.

Susan Parker New Nexstar Digital Chief Strategy Officer

The company says her promotion signifies a significant investment in growing Nexstar’s data capabilities.

Nexstar’s Mission Broadcasting Closes $300M Loan

Mission intends to use the net proceeds from the new loan to pay down borrowings under its existing revolving credit facility, pay shared service fees to Nexstar and for general corporate purposes.

WPIX Names Nicole Tindiglia News Director

The news executive with more than 20 years of experience in New York City newsrooms, most recently as assistant news director at WCBS, will oversee journalism at Nexstar’s CW affiliate in the Big Apple.

TVN’S MEDIA JOBS

New Job Openings Posted To TVNewsCheck

New jobs posted to TVNewsCheck’s Media Job Center include an opening for a senior vice president and regional manager at Nexstar, a media analyst opening that can be done from anywhere, and a GM/sales manager opening in a beach location.

EXECUTIVE SESSION WITH PERRY SOOK

Executive Session | Nexstar: ‘There Is No Plan B’ On NewsNation

Nexstar CEO Perry Sook weighs in on NewsNation’s struggles; the prospect of increasing reverse comp fees for less programming exclusivity; NextGen TV’s monetization horizon; the industry’s need for a single, impressions-based currency and much more in this exclusive TVNewsCheck interview. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.

CW, Nexstar Renew Affiliation Agreement

Just in time for the unveiling of its 2021-22 schedule next week, The CW has secured its largest affiliate group for the next season and beyond. The broadcast network and Nexstar Media Group (as well as its operating partners) have reached multi-year agreements to renew CW affiliations in 37 markets across the country (28 Nexstar- and 9 partner-owned television stations), which cover more than 31% of the U.S. audience, serving more than 38 million television households.

Michael Corn Named NewsNation President Of News

Nexstar taps the award-winning former ABC News senior executive producer of Good Morning America and ABC World News for a new executive position at its nascent cable news network.

EARNINGS CALL

Nexstar Riding Recovery From The Pandemic

“Looking ahead, we’re encouraged by the overall acceleration in economic activity and the improved trajectory of ad spending across our footprint as market conditions continue to improve,” CEO Perry Sook told analysts this morning.

QUARTERLY REPORT

Nexstar Reports 1Q Net Revenue Up 2%

The increase to $1.1 billion from 1Q 2020 was boosted by a higher distribution fee revenue (up 13%) and digital revenue growth of 18%. Core ad revenue was down 1.4%.

Nexstar To Launch Rewind TV On Sept. 1

The new multicast network will air classic TV hits from the 1980s and 1990s designed to attract Gen X viewers, much like its Antenna TV does for baby boomers with its 1960s and ’70s programming.

TVN FOCUS ON ADVERTISING

TVN Focus On Advertising | Sports Betting Skyrockets For Broadcasters

Sports wagering has invigorated station groups’ core revenue, climbing to the second-biggest ad sales category for many of them and angling to knock automotive from its top spot in the next few years. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.

Nexstar Names Three New VP-GMs

Kimberly Byrd, Ben Oldham and Robert Raff move up in Knoxville, Tenn.; Roanoke, Va;  and Myrtle Beach, S.C., respectively.

TVN FOCUS ON DIGITAL

TVN Focus On Digital | Facebook Remains TV Stations’ Most Important Social Platform

Facebook overwhelmingly is the most important social media platform for TV stations, say executives for CBS stations, E.W. Scripps, Nexstar, NBCU stations, Fox stations and Meredith. Broadcasters’ relationship with the platform once widely viewed as a “frenemy” continues to evolve, though the opacity of its all-important algorithm still frustrates. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.

Nexstar CEO Fiddles With Morning Show While NewsNation Burns

NewsNation’s News VP Quits Amid Bias Concerns

Jennifer Lyons, the VP of news at Nexstar’s rebranded cable news channel NewsNation resigned Tuesday amid concerns it will take a right-wing turn because of low ratings.

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Nexstar’s California Stations Host Pandemic Town Hall

The one-hour virtual town hall will be hosted from the studios of KTXL Sacramento, and will be available to more than 28 million viewers across California.

Nexstar Turns To Stephen Arnold Music For NewsNation Sonic Identity

Stephen Arnold Music is supporting the rebrand of Nexstar Media Group’s cable network WGN America as NewsNation with sonic branding and custom music inspired by the network’s commitment to delivering “fact-based news” to viewers hungry for unbiased media. Working in tandem with Jonathan Killian, the network’s vice president, creative marketing and brand communications, the studio […]

Nexstar Broadcasting’s Timothy Busch To Retire

The 36-year broadcasting veteran is stepping down on June 1. He served in multiple leadership roles over 20 years as Nexstar grew to become the nation’s largest broadcaster.

TECH ONE-ON-ONE WITH BLAKE RUSSELL

TVN Tech One-On-One | Laying The Foundation For NewsNation At Nexstar

Blake Russell, EVP of stations operations and content development for Nexstar, has spent the past pandemic year building out a new newsroom, studios and infrastructure for NewsNation. Along the way, he’s been eliminating holdover technology from the company’s Tribune acquisition and built a novel, enterprise-level content sharing tool. Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.