TV2020: MONETIZING THE FUTURE

TV Group Leaders To Highlight TV2020

Executives from Nexstar, Gray, E.W. Scripps and Meredith will weigh in on key issues facing broadcast from regulation to retrans as well as reviewing the outlook on monetizing TV’s future.

Nexstar Shareholders Reject Sook Pay Plan

For the second straight year, shareholders have rejected a multimillion-dollar pay package for the CEO of the largest owner of television stations in the nation. At issue was $41.4 million in future stock awards to Nexstar Media Group CEO Perry A. Sook under a four-year contract extension he signed in January.

TVN Names Nexstar TV Group Of The Year

Led by Perry Sook, Nexstar has been from its inception in 1996 a voracious consolidator. When it closes on Tribune Media later this year, it will operate 216 stations in 118 markets covering 63% of U.S. TV homes, the most allowed under current FCC rules.

Nexstar’s Sook To FCC: Set Cap At 78% ASAP

The Nexstar CEO says while the FCC’s ownership coverage cap is effectively at 78% now, broadcasters would like the Pai FCC to lock it in at that level so that some future FCC with a Democratic majority cannot easily reset it at 39% by once again repealing the UHF discount.

MARKET SHARE | 3: CHICAGO

WGN’s Wild Welcome For Nexstar Brass

Nexstar’s Sook Receives 2019 Golden Mike Award

A record crowd at the Broadcasters Foundation’s annual Golden Mike Award dinner feted Perry Sook, the founder of Nexstar Media Group, who praised the expanding mission of the charity and pledged a $100,000 donation to further its work.

NBC’s Craig Melvin To Host Golden Mike Gala

The black-tie event honoring Nexstar Media Group’s Perry A. Sook raises funds for broadcasters in need and takes place March 6 in New York, with entertainment by Grammy-winning duo Sugarland.

Nexstar Locks In Perry Sook Through Feb. 2023

The station group extends the contract of its founder, chairman, president and CEO in the wake of its $4.1 billion acquisition of Tribune Media.

Nexstar’s Sook Stays Focused On The Local

Perry Sook, the CEO of Texas-based Nexstar Media Group, is a seasoned broadcast TV executive who steered Nexstar’s $4.1 billion acquisition of Tribune Media that will make it the largest owner of TV stations in the country. He is passionately preaching the gospel of local.

JESSELL AT LARGE

Jessell | Sook & Nexstar Sound The Right Note For Tribune

Despite all the shots I have taken at Sinclair’s David Smith for his top-down meddling in news and for souring the regulatory climate in Washington, I like the idea of his owning Tribune. However, I think I like the idea of Nexstar’s Perry Sook owning Tribune even more. He can better make the case in Washington that mega-station groups are good for the country; he will be a better steward of Tribune’s news operations and will be just as committed as Smith in advancing ATSC 3.0 datacasting.