Nexstar Media Group to Participate in Four Upcoming Investor Conferences
NXSTIRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in four upcoming investor conferences in September and October.
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in four upcoming investor conferences in September and October.
IRVING, Texas & TYSONS, Va.--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and TEGNA Inc. (NYSE: TEGNA) (“TEGNA”) announced today that they entered into a definitive agreement (the “Agreement”) whereby, subject to regulatory approvals, Nexstar will acquire all outstanding shares of TEGNA for $22.00 per share in a cash transaction valued at $6.2 billion, inclusive of TEGNA’s net debt and estimated transaction fees and expenses. The purchase price represents a 31% premium
IRVING, Texas--(BUSINESS WIRE)--Nexstar reports second quarter Net Revenue of $1.23 billion, Adjusted EBITDA of $389 million and operational milestones at The CW and NewsNation.
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it released a new investor presentation highlighting the Company’s leading industry position, long-term record of execution and value creation, the value of the broadcast television model, and perspectives on its growth opportunities. The presentation provides additional detail for investors that are new to the Nexstar story. Highlights from the presentation include: The prospect for meaningful broadca
Nexstar Media Group (NXST) reports a 3.9% decrease in net revenue for Q1 FY25, with advertising and adjusted EBITDA also down. Dividend raised by 10%.
Nexstar Media Group shares fell 1.2% during Wednesday's session. Short seller Grizzly Research issued a report alleging the broadcaster's digital strategy is failing.
Nexstar Media Group reported a 14.1% increase in Q4 FY24 net revenue to $1.488B, led by a rise in election-year political advertising.
Since October 2021, the communications sector has been lagging behind the S&P 500, and is down roughly 34% year-to-date, as of Sept. 9. As the economy braces for a potential recession, TV station operators hope to generate revenues through advertisers and subscribers.