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Nexstar Media Group Inc (NXST.OQ)

NXST.OQ on NASDAQ Stock Exchange Global Select Market

59.15USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Nexstar Media Group Q1 earnings per share $ 0.13
Tuesday, 9 May 2017 07:04am EDT 

May 9 (Reuters) - Nexstar Media Group Inc : :Q1 revenue $540.3 million versus I/B/E/S view $516.6 million.Qtrly earnings per share $ 0.13.Q1 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S.  Full Article

Nexstar Media Group to align BiteSizeTV strategy with organization-wide commitment to local programming and content production
Friday, 7 Apr 2017 04:00pm EDT 

Nexstar Media Group Inc : Nexstar Media Group to align BiteSizeTV strategy with organization-wide commitment to local programming and content production . Nexstar Media Group Inc - "Hollywood today live!" to end production .Nexstar Media Group Inc - Nexstar broadcasting and Fox Television Stations will end Hollywood today live!.  Full Article

Nexstar Media and Sinclair Broadcast to establish a Consortium
Wednesday, 15 Mar 2017 11:00am EDT 

Nexstar Media Group Inc : Nexstar Media Group and Sinclair Broadcast Group establish consortium to promote broadcast spectrum aggregation, innovation and monetization .CO, Sinclair agreed to collaborate on non-exclusive basis,consortium intent on exploring inclusion of other television broadcasting entities.  Full Article

Mediacom Communications reaches carriage agreement with Nexstar Broadcasting Group
Tuesday, 27 Dec 2016 08:30am EST 

Mediacom Communications Corp: Mediacom Communications reaches carriage agreement with Nexstar Broadcasting Group . Mediacom Communications Corp - deal gives Mediacom retransmission consent rights to Nexstar stations located within company's national footprint . Mediacom Communications reaches carriage agreement with Nexstar Broadcasting Group .Mediacom Communications Corp - additional terms of deal were not disclosed.  Full Article

Nexstar broadcasting prices $2.75 billion term loan B facility
Tuesday, 27 Sep 2016 05:01pm EDT 

Nexstar Broadcasting Group Inc : Now expects to generate over $540 million of average annual free cash flow over 2016/2017 period . Approximately $60 million annual reduction in post-closing interest expense with respect to media general deal . Nexstar Broadcasting prices $2.75 billion term loan B facility . Nexstar Broadcasting Group Inc says term loan B facility will be issued at a price equal to 99.75% of its face value . Says its wholly owned subsidiary, Nexstar Broadcasting Inc, priced a $2.75 billion term loan B facility .Cost of financing media general transaction is below company's prior expectation.  Full Article

Nexstar affirms 2016 $100 mln political revenue target-CEO
Wednesday, 21 Sep 2016 11:47am EDT 

Nexstar Broadcasting Affirms Target Of About $100 Mln Political Revenues For 2016 : Nexstar CEO says has already booked more than two thirds of 2016 political revenue target .Nexstar to present details at conference later Wednesday.  Full Article

Nexstar qtrly earnings per share $0.78
Tuesday, 9 Aug 2016 07:04am EDT 

Nexstar Broadcasting Group Inc : Q2 revenue $262 million versus I/B/E/S view $264.6 million . Qtrly earnings per share $0.78 . Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S . Progress towards completion later this year of our acquisition of media general is tracking consistent with our timeline .On pace to achieve guidance for annual average 2016/2017 free cash flow of $250 million or average pro-forma free cash flow of $8.15/share per year.  Full Article

Nexstar Broadcasting Group announced pricing of $900 mln offering of senior notes
Wednesday, 13 Jul 2016 07:30pm EDT 

Nexstar Broadcasting Group Inc : Announces pricing of $900 million offering of senior notes . Says priced an offering of $900 million in aggregate principal amount of 5.625% new senior notes due 2024 .Sale of notes is expected to be completed on or about july 27, 2016.  Full Article

Nexstar Broadcasting to divest 5 stations for $115 mln
Monday, 13 Jun 2016 09:00am EDT 

Nexstar Broadcasting Group Inc : Aggregate value of station divestitures related to media general transaction approximates $545 million .Nexstar broadcasting enters into definitive agreement to divest five stations in five markets for $115 million.  Full Article

Nexstar, Media General shareholders vote to approve Nexstar's acquisition of Media General
Wednesday, 8 Jun 2016 12:00pm EDT 

Nexstar Broadcasting : Shareholders Elected Lisbeth Mcnabb, C. Thomas Mcmillen To Serve As Class I Directors Until Date Of Nexstar 2019 Annual Meeting .Shareholders Of Nexstar Broadcasting And Media General Vote To Approve Nexstar's Acquisition Of Media General.  Full Article

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