NewsNation Further Expands News Programming

NewsNation, Nexstar’s wholly-owned news and entertainment cable network reaching 75 million U.S. TV households, unveiled its latest expansion plans, adding 12 hours of live news programming weekly by early June.

Nexstar’s 3Q Net Revenue Sets Record

The increase to $1.15 billion from 3Q 2020 was boosted by core ad revenue growth of 13%, higher distribution fee revenue (up 15%) and digital revenue growth of 47%.

Marc Hefner Named GM Of KDAF Dallas

With more than 25 years of broadcast management and sales experience, Marc Hefner moves from Nexstar’s WSAV Savannah, Ga., to oversee its Dallas CW affiliate.

Nexstar Launching Sports Wagering Diginet

Nexstar and SportsGrid, a streaming video network that provides extensive coverage of sports betting for all the major sports, announced a multi-year agreement to launch SportsGrid Network, a diginet devoted to sports wagering and fantasy sports.

Nexstar Names Stephen Eaton VP in Billings

Nexstar appointed Stephen Eaton vice president and general manager of its broadcast and digital operations in Billings, Mont., overseeing ABC affiliate KSVI, and their related mobile and social media channels.

Nexstar Acquires The Hill for $130M

Nexstar has acquired The Hill for $130 million in a deal that the company hopes will create synergies between The Hill’s popular digital political news offerings and Nexstar’s extensive news operations.

Nexstar Reports Higher Second-Quarter Earnings

Nexstar Media Group’s profits jumped as advertising rebounded from its pandemic lows a year ago. TV advertising revenue was up 35% to $432 million. Core advertising revenue–excluding political advertising–was up 42% to $423 million.