Perry Sook
Nexstar to discuss TEGNA merger with DOJ, CEO confirms
"We wouldn’t be contemplating this transaction if he weren’t in the White House," Sook said, referencing President Trump.
FIRST ON THE DESK
Nexstar readies FCC applications to acquire TEGNA stations
Nexstar CEO Perry Sook reiterated that broadcast TV consolidation needs to happen to effectively compete against streaming platforms.
TEGNA shareholders approve proposed Nexstar acquisition
Shareholders of TEGNA have signaled their approval of a proposed merger involving Nexstar Media Group, the companies announced on Tuesday.
Nexstar CEO: Still optimistic about TEGNA deal, NextGen TV push
Nexstar CEO Perry Sook said the regulatory environment favors mass-media consolidation and the launch of NextGen TV as the new digital broadcast standard.
Nexstar grabs $1.2 billion during Q3, advertising revenue drops
Nexstar saw its overall revenue dip more than 12 percent during the third financial quarter of the year.
EARNINGS REPORT
Nexstar renews employment contract of founder, CEO Perry Sook
Sook's core annual salary is $3 million, with another $5 million in discretionary, performance-based bonuses.
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.
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.
EARNINGS REPORT
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.