Nexstar CEO not worried about FCC rules impacting TEGNA deal
On a conference call with investors, Nexstar CEO Perry Sook said he feels confident the regulatory environment in Washington will yield changes that allow broadcast mega-mergers.
Perry Sook
E-mails: Nexstar, TEGNA CEOs announce $6.2 billion merger to employees
On Tuesday, Nexstar CEO Perry Sook and TEGNA CEO Mike Steib sent emails to their employees following the broadcasters’ announcement of a $6.2 billion merger.
Nexstar confirms plan to acquire TEGNA for $6.2 billion
Nexstar Media Group will acquire rival broadcaster TEGNA in a cash deal valued at $6.2 billion, the companies announced Monday.
Nexstar sees revenue dip 3 percent in Q2, soft ad market blamed
Nexstar reported $1.23 billion in Q2 revenue, down 3 percent due to lower political ad spending in a non-election year.
Nexstar CEO: CW plays role in targeting TV stations for acquisition
The broadcaster remains hopeful that an almost-certain relaxation of media ownership regulations will allow it to execute on certain mergers and acquisitions.
Nexstar earns $5.4 billion in 2024, setting new income record
In addition to a political advertising windfall, Nexstar said it entered into cable and satellite terms that were favorable to the company, which allowed it to earn more money from its channels.
Nexstar appoints Scott Weaver as SVP, Government Relations
Nexstar Media Group has hired a long-time policy advisor to serve as its newest representative in Washington, D.C.
Nexstar narrows losses at CW Network during Q2
The company earned $1.27 billion in revenue during the quarter, slightly lower than Wall Street estimates.
Nexstar CEO downplays streaming business after CW launches FAST platform
Nexstar’s CEO Perry Sook disparaged the streaming television business, several weeks after the company’s broadcast network launched its first free streaming TV channel.
Nexstar Media sees net revenue drop 5.3 percent in 2023
The largest independent owner of television stations in the country saw its net revenue fall to $4.933 billion during 2023.
Nexstar sees 17 percent dip in ad revenue during Q2 2023
Nexstar saw a significant decline in its political and overall advertising revenue during the second financial quarter of the year.
Perry Sook elected to chair NAB Joint Board of Directors
Nexstar CEO Perry Sook has been elected to serve as the chairman of NAB’s Joint Board of Directors, the organization said this week.
Top Nexstar executives earned $50 million during 2022
The company’s chairman and CEO, Perry Sook, had a big $39 million payday last year, filings reveal.