NXST Stock Recent News

Nexstar Media Group, Inc. (NASDAQ:NXST ) Bank of America 2025 Media, Communications & Entertainment Conference September 4, 2025 2:00 PM EDT Company Participants Perry Sook - Founder, Chairman & CEO Lee Gliha - Executive VP & CFO Conference Call Participants Brian Fenske - Bank of America Presentation Brian Fenske [Audio Gap] here at Bank of America. And I'm pleased to be welcoming the leadership team from Nexstar Media Group.

Nexstar, the CW owner and giant broadcaster that's angling to get even bigger, said it's made a home in local media because that's a lucrative place to be.   “Everybody's focused on networks and streaming and top down and national media.

Nexstar Media Group, Inc. (NASDAQ:NXST ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 8:50 AM EDT Company Participants Perry Sook - Founder, Chairman & CEO Lee Gliha - Executive VP & CFO Conference Call Participants Jason Bazinet - Citigroup Inc., Research Division Presentation Jason Bazinet MD, Global Head of EMT & Analyst [Audio Gap] including Perry Sook, CEO; and Lee Ann Gliha, CFO. Thank you both for coming.

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in four upcoming investor conferences in September and October.

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, bringing together two major players in U.S. television and the country's local news landscape.If the transaction is approved, Nexstar will pay $22 in cash for each share of Tegna's outstanding stock. And the regulatory greenlight could be likely under President Donald Trump's administration, which has long-advocated for loosening industry restrictions.Announcing the proposed merger Tuesday, Nexstar CEO Perry Sook pointed directly to actions being pursued by the Trump administration, which he said “offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies that have unchecked reach and vast financial resources.

Another day, another major media merger. The Nexstar Media Group, already the largest owner of broadcast television stations in the U.S., announced yesterday that they will be purchasing Tegna, Inc. for $6.2 billion.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TEGNA Inc. (NYSE: TGNA) to Nexstar Media Group, Inc. (NasdaqGS: NXST). Under the terms of the proposed transaction, shareholders of TEGNA will receive $22.00 in cash for each share of TEGNA that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ.

Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.

Nextstar is looking to buy Tegna in a $6.2 billion cash deal — but will the FCC allow it despite a conflict with current TV ownership rules?

Nexstar Media Group has announced the acquisition of rival TV station operator Tegna for $6.2 billion, marking one of the year's most substantial and strategic deals in the media sector. The agreement is set to reshape the US local television landscape, tripling Nexstar's reach and consolidating coverage over 80% of American TV households.