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DIRECTV Rejects Nexstar’s Offer to Extend Agreement to October 31 DIRECTV Puts More Than Ten Million Subscribers in the Middle, Rather than Reach Fair Agreement Los Angeles, Chicago, Philadelphia, San Francisco and Denver Markets Affected Tonight at 7 p.m. ET, DIR...
2023-06-25 23:57:31 ET Summary Cumulus is priced for bankruptcy, but can comfortably service its debt and refinance. Cumulus could liquidate its assets at 35% discount to par and still distribute $9/share to shareholders. Cumulus holds extremely high value assets in Dallas-For...
2023-06-25 10:02:00 ET Television usage continued a seasonal decline in May -- and it also declined year-over-year, while streaming continued to gain share against other uses that also saw drops in time spent. Overall TV consumption fell for the fourth straight month, down 4.4% ...
2023-06-23 10:31:03 ET Summary Nexstar Media Group is undervalued due to misconceptions about its growth potential and the impact of its recent acquisition of The CW Network. The company has a strong business model, with potential for increased retransmission fees, a turnaround of...
WPHL-TV, KRON-TV, and WTTA-TV Will Carry CW’s Primetime Entertainment, Live Sports, and Special Event Programming in Three of the Nation’s Top-15 Markets Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in three of...
Broadcast Sales Executive with 25+ Years of In-Market Experience Will Oversee WJBF-TV and its Website, Mobile Apps, and Related Social Media Channels Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the promotion of Carter Murphy to Vice President and General Manager of its br...
2023-06-06 10:52:26 ET A bitter split in the golf world is coming to a dramatically peaceful conclusion as the PGA Tour, upstart Saudi-backed rival LIV Golf and the European Tour announced a merger to unify the sport and its players. They've signed a deal to combine Saudi Arabia's P...
Two Stations Honored for “Overall Excellence” Honors Achieved Include Four Awards in Each of the “Breaking News Coverage,” “Digital,” and “Investigative Reporting” Categories Three Mission Broadcasting, Inc. Television Statio...
2023-05-20 23:41:38 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies withupcoming pay dates. For further...
2023-05-18 18:18:44 ET Summary The company continues to trade at undemanding valuations, generating solid levels of cash and materially reducing share count and debt load. The main risk to the thesis continues to be the evolution of the cable industry and my assumptions attempt to...
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Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board Nexstar Media Group, Inc. (NASDAQ: NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an indepen...
PARAMOUNT GLOBAL AND NEXSTAR MEDIA RENEW AFFILIATION AGREEMENTS PR Newswire Multi-Year Renewal Covers CBS Affiliated Television Stations in 42 Markets Owned by Nexstar and Mission Broadcasting, Inc. Paramount-owned Stations in Miami and Detroit To Bec...
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, August 23, 2024, to shareholders of record on Friday, August 9, 2024. In addition, The Board of Direct...