Nexstar Media Group, Inc. - Common Stock (NXST)

BALA CYNWYD, Pa., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

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 to TEGNA’s average 30-day average stock price ending August 8, 2025, the last closing stock price prior to media reports of a potential transaction. Following completion of the transaction, the combined entity will be a leading local media company, well-positioned to compete in today’s fragmented and rapidly evolving marketplace. The new company will be better able to serve communities by ensuring the long-term vitality of local news and programming from trusted local sources and preserving the diversity of local voice and opinion. Nexstar will also be able to provide advertisers with an even greater variety of competitive local and national broadcast and digital advertising solutions to serve brands and consumers more effectively.

Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the second quarter ended June 30, 2025 as summarized below. Please visit Nexstar’s website to view the full press release.

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, August 29, 2025, to shareholders of record on Friday, August 15, 2025.

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that its television stations have helped to raise nearly $1.4 million to assist the victims of flooding in Central Texas earlier this month. In addition, the Nexstar Media Charitable Foundation has donated $25,000 to each of two organizations assisting with relief efforts in Tom Green County, Kerr County, and the surrounding areas: The San Angelo Area Foundation and The Community Foundation of the Texas Hill Country.

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the promotion of Dan Lanzano to President of National Advertising Sales, effective immediately. In this newly created position, Mr. Lanzano will be responsible for leading all aspects of Nexstar’s national advertising efforts, including the sales teams representing network assets across CW Sports, CW Entertainment, and CW Digital; NewsNation and NewsNationNow.com; Nexstar’s multicast networks, Antenna TV, and Rewind TV; and the company’s political and national spot advertising. Mr. Lanzano will also oversee Nexstar’s research operations, its national network monetization, and paid and direct response advertising departments. He will be based in Nexstar’s New York City offices and will report to Nexstar’s President and Chief Operating Officer, Michael Biard.

Nexstar Media Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly owned subsidiary, Nexstar Media Inc. (“Nexstar”), and Mission Broadcasting, Inc. (“Mission”), a variable interest entity of the Company, successfully completed refinancings of their revolving credit facilities, Term Loan A and Term Loan B in full. The refinancing extends maturities, provides expanded capacity under Nexstar’s revolver, reduces interest rate margin and further strengthens the Company’s capital structure and financial flexibility.

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 second quarter financial results on Thursday, August 7, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2025 Annual Shareholders’ Meeting shareholders voted to:

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:

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that 28 of its owned and operated television stations have earned a total of 52 regional Edward R. Murrow Awards from the Radio Television Digital News Association (RTDNA).

GREENWICH, Conn., June 03, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 5, 2025. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing, Media & Telecom Regulatory, and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. The symposium will also be available via webcast. Due to popular demand and available capacity, those interested should contact their relationship person for more information or click on the link below to register for virtual access.

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) today reported financial results for the first quarter ended March 31, 2025 as summarized below. Please visit Nexstar’s website to view the full press release.

GREENWICH, Conn., May 12, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 5, 2025. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing, Media & Telecom Regulatory, and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. For those who cannot attend in person, the symposium will also be available via webcast. Investors should contact their relationship person for more information or click on the link below to register.

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Monday, June 2, 2025, to shareholders of record on Monday, May 19, 2025.

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two upcoming institutional investor conferences:

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 first quarter financial results on Thursday, May 8, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.

Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2024 as summarized below. Please visit Nexstar’s website to view the full press release.

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in March:

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of Samantha Osborne Reynolds as Vice President of Political Sales, effective February 18. Ms. Osborne Reynolds will be responsible for building and managing the company’s newly created national political sales division, creating and developing go-to-market political advertising strategies across all of Nexstar’s platforms, and generating significant growth in linear, digital, and connected TV political revenues. She will be based in Washington, D.C., and report to Jon Camera, Nexstar’s Senior Vice President for Advertising Sales.

NASCAR and The CW Network today announced that Saturday’s 2025 NASCAR Xfinity Series season opener at Daytona on The CW delivered the largest audience for any Xfinity Series race in almost three years, with 1.8 million total viewers, according to Nielsen fast national ratings.

The CW Network today announced that it has named Michael Perman as Senior Vice President of Sports. Mr. Perman will begin his new duties immediately and report to Brad Schwartz, President of The CW Network. In this newly created position, Mr. Perman will oversee all strategy, programming, and media rights on behalf of CW Sports.

Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Ric Harris as Vice President and General Manager of its broadcast and digital operations in Chicago, Illinois (DMA #3), overseeing the long-range planning and day-to-day management of WGN-TV (CW), WGN-TV+, wgntv.com, and their related mobile and social media channels. Mr. Harris succeeds Paul Rennie, who retired last year. He will assume his new duties immediately and report to Brandin Stewart, Senior Vice President and Regional Manager for Nexstar’s broadcasting division.

Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the first quarter of 2025. The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025.

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.