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Nexstar Media Inc. Appoints Jim Rose as Vice President and General Manager of Its Broadcast and Digital Operations in San Francisco, California


Press release content from Business Wire. The AP news staff was not involved in its creation.
Nexstar Media Inc. Appoints Jim Rose as Vice President and General Manager of Its Broadcast and Digital Operations in San Francisco, California
May 10, 2021 GMT
IRVING, Texas & SAN FRANCISCO (BUSINESS WIRE) May 10, 2021
Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that Jim Rose has been named Vice President and General Manager of its San Francisco operations (DMA #6), overseeing KRON-TV (MyNetwork), KRON4.com and KRONOn.TV, the first local 24-hour digital streaming news application available to Bay Area viewers and users anytime, anywhere. Mr. Rose will begin his new duties on May 17 and report to Matthew Rosenfeld, Senior Vice President and Regional Manager for Nexstar Media Inc.’s broadcasting division. ....

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Nexstar Reports 1Q Net Revenue Up 2%


Nexstar Reports 1Q Net Revenue Up 2%
The increase to $1.1 billion from 1Q 2020 was boosted by a higher distribution fee revenue (up 13%) and digital revenue growth of 18%. Core ad revenue was down 1.4%.
By Mark K. Miller | May 4, 2021 | 7:34 a.m. ET.
Nexstar Media Group this morning reported financial results for the first quarter of 2021 that included net revenue of $1,113,931, an increase of 2% from the same quarter of 2020.
Core ad revenue totaled $412 million, down 1.4% from $417 million in 1Q 2020.
Political ad revenue was $5.4 million, down 90.2% from a year ago.
Distribution fee revenue grew 13% to $621 million.
Digital revenue climbed 17.6% to $66 million.
Other revenue fell 29.1% to $9.1 million. ....

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Nexstar Media Group, Inc. (NXST) Q1 2021 Earnings Call Transcript


Operator
Good day and welcome to the Nexstar Media Group First Quarter 2021 Results Call. [Operator Instructions]
I would now like to turn the call over to Joe Jaffoni, Investor Relations. Sir, please go ahead.
Joseph Jaffoni
Joseph Jaffoni
Thank you, Katie, and good morning everyone. I just need to read the safe harbor language, and then we ll get right into the call. All statements and comments made by management during today s conference call other than statements of historical fact may be deemed forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Nexstar cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those reflected by the forward-looking statements made during the call. ....

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Emmy Award-Winning Journalist Adrienne Bankert Joins NewsNation as Anchor/Correspondent


Press release content from Business Wire. The AP news staff was not involved in its creation.
Emmy Award-Winning Journalist Adrienne Bankert Joins NewsNation as Anchor/Correspondent
April 19, 2021 GMT
CHICAGO & IRVING, Texas (BUSINESS WIRE) Apr 19, 2021
NewsNation, Nexstar Media Group, Inc.’s wholly-owned cable network reaching 75 million U.S. television households, today announced that Emmy award-winning veteran journalist Adrienne Bankert is joining the network as an anchor/correspondent effective immediately. Ms. Bankert will initially cover national affairs and deliver special reports across the network’s prime-time weeknight news broadcasts. Later this year, she will begin anchoring a new national newscast, as ....

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Nexstar Media Group, Inc. (NXST) Q4 2020 Earnings Call Transcript


Investor Relations
[Starts Abruptly] made by management during today s conference call other than statements of historical fact may be deemed forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Nexstar cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those reflected by the forward-looking statements made during this call.
For additional details on these risks and uncertainties, please see Nexstar s annual report on Form 10-K for the year ended December 31, 2019 and Nexstar s subsequent filings with the Securities and Exchange Commission. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. ....

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