Nexstar Foundation Donating Thousands to Charities in Its Markets
The Nexstar Media Charitable Foundation, whose mission is to improve the communities where Nexstar has a TV station by contributing to public charities and nonprofit organizations, has been busy so far in 2022.
Nexstar Media Group Buying Majority Of The CW
Nexstar Media Group announced today that it entered into a definitive agreement to acquire a 75% ownership interest in The CW Network.
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 Names GMs In Peoria And Columbus, Ga.
The station group promotes Shaun Newell at WMBD Peoria, Ill., and Joe McGuire at WRBL Columbus, Ga. Both are CBS affiliates.
ViacomCBS and Nexstar Renew Affiliations
The multiyear renewal covers CBS affiliates in 39 markets owned by Nexstar and Its operating partners.
Nexstar Names David Hart GM of Savannah Operations
Nexstar Media Group said it named David Hart as VP and general manager of its broadcasting and digital businesses in Savannah. Georgia, including WSAV-TV.
Chris Cook New GM Of KLFY Lafayette
Chris Cook is a broadcasting executive with 20+ years of in-market experience will lead the Nexstar CBS affiliate in Louisiana.
Larry Forsgren New GM Of Nexstar’s Champaign Duopoly
Larry Forsgren, the veteran broadcasting and sales executive is tapped to lead WCIA and WCIX.
Nexstar To Implement Impressions-Based Measurement Starting Jan. 1
Nexstar will move to impressions-based advertising measurement as of Jan. 1, 2022. The change comes as Nielsen readies the incorporation of BBO homes into local measurement and its own migration to impressions-based buying and selling.
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%.
Nexstar Promotes Dana Zimmer To Distribution President
She will oversee the group’s retransmission consent agreements with MVPDs and virtual-MVPDs, as well as content negotiations with the company’s television network partners.
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.
KRON Appoints Brian North General Sales Manager
Nexstar promotes the MNT affiliate’s local sales leader to oversee all local, national and digital sales at the San Francisco station.
Tim Sanders Named Nexstar GM In Terre Haute
Tim Sanders – a sales and marketing executive with 20-plus years of local broadcast experience, will oversee WTWO and Mission Broadcasting’s WAWV in Indiana.
Lloyd Bucher Is Nexstar’s New GM In Charlotte
Nexstar named Lloyd Bucher vice president and general manager of its broadcast and digital operations in Charlotte, N.C., overseeing WJZY, WMYT and fox46.com.
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, yourbigsky.com 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.
Nexstar Names Lee Ann Gliha EVP-CFO
Nexstar appointed Lee Ann Gliha executive vice president and chief financial officer.