Nexstar’s true value is obscured by stalling carriage fee growth, CW Network losses, and de-bundling fears. All three headwinds will reverse over the next 12 months. NXST is poised to generate ...
Nexstar Media Group was a top performer from 2012 to 2022 but currently trades at a low valuation (6x FCF) due to concerns about the shrinking linear TV industry. Within the linear TV industry, ...
Nexstar Media Group Inc (NASDAQ:NXST) reported a fourth-quarter fiscal 2023 net revenue decline of 12.3% year-over-year to $1.304 billion, missing the consensus of $1.314 billion. Revenues were ...
Total TV ad sales were $479 million, down 36% year-over-year from $743 million. Distribution revenue grew 14.3% ($704 million vs. $616 million), digital dropped 5.4% ($106 million vs. $112 million) ...
Irving-based Nexstar is bringing Jimmy Kimmel Live! to the 30 ABC affiliate stations it owns nationwide, ending the blackout in some markets, following the TV host’s reaction to Charlie Kirk’s ...
Nexstar Media Group Inc (NASDAQ:NXST) shares fell 1.26% to $148.30 during Wednesday's trading session after short seller Grizzly Research issued a report alleging the broadcaster's digital strategy is ...
Nexstar, Scripps and Sinclair, which have extensive reach across the U.S., are readying efforts to peel off enough viewers to become viable alternatives to national sources. By Alex Weprin Senior ...
It was a night of stars, surprises and countless inspirational stories as Nexstar Media Group, Inc. honored “Remarkable Women” winners from across the nation and named 2024’s “Nexstar Woman of the ...
Nexstar CEO Perry Sook said the company’s acquisition of the CW has already paid for itself in terms of adding muscle to the company’s distribution negotiations. The exec made the comment at the start ...
Nexstar reported its second-quarter 2023 earnings Tuesday, revealing the TV stations group giant had turned a profit of $153 million in Q2, while its CW broadcast network posted a loss of $78 million ...
NEW YORK--(BUSINESS WIRE)--Optimum calls on Nexstar, the owner of multiple broadcast stations across the country, to put its viewers first and stop driving up TV prices for consumers. While Nexstar ...
Nexstar Media Group has appointed former Turner ad sales exec Michael Strober to the newly created position of EVP and Chief Revenue Officer. Strober will be responsible for “leading the reimagination ...
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