Nexstar Broadcasting

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Nexstar and NBC Sign Long-Term Affiliation Deal - Posted 3 days, 3 hours ago
Nexstar Broadcasting says it has signed a long-term affiliation deal with the NBC Television Network. "We are delighted to extend our affiliation agreements with NBC in a manner that recogn... [TVSpy]

Nexstar Gets FCC Approval to Transfer Seven Stations to Minority Owned Broadcaster - Posted November 3, 2014
The FCC has approved the license transfer of Grant Company stations to Nexstar Broadcasting and Marshall Broadcasting. Nexstar bought Grant's seven stations for $87.5 million in 2013. Marshall Broadcasting (MBG) is a minori... [TVSpy]

Nexstar to Buy KASW in Phoenix for $68 Million - Posted October 23, 2014
Nexstar Broadcasting says it's buying Phoenix CW affiliate KASW from Meredith Corporation and SagamoreHill of Phoenix for $68 million plus working capital. Nexstar Broadcasting Group president and CEO, Perry S... [TVSpy]

'We're Basically the Newspaper of Record,' Nexstar CEO Talks About Local TV - Posted October 22, 2014
Nexstar CEO, chairman and president Perry Sook was one of 12 industry leaders to be inducted into the Broadcasting & Cable Hall of Fame Monday night at the Waldorf Astoria in New York City. MediabistroTV caught up with Sook to ask about ... [TVSpy]

Nexstar Sells Evansville Station for $18.6 Million - Posted August 5, 2014
Nexstar has announced it is selling Evansville CBS affiliate WEVV for $18.6 million to minority led broadcaster Bayou City Broadcasting Evansville, Inc. "The proposed transaction announced today highlights our focus on completing pending transactions and represents the second time in... [TVSpy]

Nexstar Buys Digital Publishing Platform for $20 Million - Posted March 13, 2014
Nexstar has announced it has entered into a definitive agreement to buy the assets of Internet Broadcasting Systems, Inc. for $20 million. In its press release about the acquisition, Nexstar calls IB, "A pioneer of innovative technology and services for the broadcast media industry." "We envision our clients transforming their bro... [TVSpy]

FCC Expected to Vote on Shared Service Agreement Ban - Posted March 6, 2014
Federal Communications Chairman Tom Wheeler is expected to ask the FCC to vote on a ban of some shared-service agreements in the commissions next meeting. The proposal is also expected to ban local stations from teaming up in retransmission negotiations. ... [TVSpy]

Nexstar Moves Corporate Headquarters About One Mile - Posted January 2, 2014
Nexstar Broadcasting Group announced it moved its entire corporate staff to its new headquarters in Irvine, TX, yesterday. "The relocation of our headquarters reflects Nexstar's rapid growth and expansion.," Perry A. Sook, chairman, president and CEO ... [TVSpy]

TWC and American Cable Association Ask FCC to Stop Mission's Binghamton Station Buy - Posted November 22, 2013
Time Warner Cable and the American Cable Association are asking the FCC to deny Mission Broadcasting's purchase of two Stainless Broadcasting stations in the Binghamton, NY, market. In the petition, the two point out the deal, ... [TVSpy]

Nexstar to Acquire Grant Company For $88M - Posted November 6, 2013
Nexstar Broadcasting is acquiring Grant Company, Inc. for $87.5 million. The deal, which is expected to close in the first quarter of 2014, will add seven stations in four markets to Nexstar's portfolio. The stations are WFXR and ... [TVSpy]

Former GM of WNBC Named Nexstar's EVP of Digital Media and Chief Revenue Officer - Posted November 1, 2013
Nexstar has named Tom O'Brien to the newly created position of executive vice president of digital media and chief revenue officer. According to Nexstar, O'Brien will "oversee Nexstar's digital media content, product, service and sales teams, along wi... [TVSpy]

Nexstar and Mission to Acquire Five Stations - Posted September 16, 2013
Nexstar Broadcasting and Mission Broadcasting are acquiring five stations, three from Citadel Communications and two from Stainless Broadcasting, for $103.25 million. The transaction is expected to be approved in the first quarter of 2014. Citadel Communications will sell WO... [TVSpy]

Two Anchors in Two Days, Sidlow Follows Prado Out KSEE's Door - Posted July 3, 2013
Faith Sidlow (pictured left), KSEE morning anchor, has been fired one day after Noon anchor Pamela Pra... [TVSpy]

Nexstar Still Looking for Stations to Buy - Posted June 20, 2013
Reuters recently spoke with Perry Sook, founder and chief executive of Nexstar, about the future plans of the station group. ... [TVSpy]

Nexstar Re-Brands WPTY in Memphis, Announces New Anchors - Posted May 30, 2013
Nexstar Broadcasting has announced it will re-launch WPTY, the ABC affiliate for Memphis, TN, as WATN LOCAL 24 this Saturday June 1. Ardyth Diercks, vice president ... [TVSpy]

Nexstar Broadcasting Revenue Up 34% in Q1 - Posted May 8, 2013
Nexstar Broadcasting reported $112.2 million in net revenue during the first quarter of 2013, a 34% increase on the year-ago quarter's $83.6 million. Local revenues were up 31.9% for the quarter and national revenues were up 34.3%. Political revenues were down significantly in the non-election year, but retransmission fees... [TVSpy]

Nexstar to Acquire CCA Stations For $270M - Posted April 24, 2013
As expected, Nexstar Broadcasting and Mission Broadcasting have announced an agreement to acquire Communications Corporation of America's station group. Nexstar and Mission will pay will pay $270 million for CCA's 19 stations a... [TVSpy]

Report: Nexstar to Acquire CCA Stations - Posted March 25, 2013
Nexstar Broadcasting is poised to buy Communications Corp. of America, TVNewsCheck reports. The company has signed a letter of intent and is in the process of conducting due diligence on "12 stations in smaller markets": ... [TVSpy]

Dione Rigsby Joins Nexstar Broadcasting as VP of Technology - Posted March 11, 2013
Dione Rigsby has joined Nexstar Broadcasting as vice president of technology, effective immediately. In his new role, Rigsby will oversee the ongoing integration of Inergize Digital, which Nexstar acquired from Newport Television last year. R... [TVSpy]

Nexstar Broadcasting Q4 Revenue Up 35% - Posted March 7, 2013
Nexstar Broadcasting reported a record $116.2 million in revenue in the fourth quarter of 2012, an increase of 34.8% on the year-ago quarter. Compared to the fourth quarter of 2011, local revenue increased 6.8% and national revenue increased 14.3%. Retransmission fee revenue increased 55.9%, and political revenue ... [TVSpy]

Nexstar Completes Purchase of WFFF-WVNY - Posted March 5, 2013
Nexstar Broadcasting and Mission Broadcasting has completed the purchase of WFFF and WVNY... [TVSpy]

Nexstar Broadcasting to Create Duopolies in Fresno, Bakersfield - Posted February 19, 2013
Nexstar Broadcasting has completed its acquisition of three California stations from Newport Television: NBC affiliate KGET and Telemundo affiliate KKEY in Bakersfield and CBS affiliate ... [TVSpy]

Two at Local Station Groups Named 'People to Watch' in 2013 - Posted January 18, 2013
TVNewsCheck is reporting the Media Financial Management Association has named its five "People to Watch" for 2013 with two of the five, NBC... [TVSpy]

Nexstar Cuts Staff at Salt Lake City's KTVX and KUCW - Posted December 19, 2012
Nexstar Broadcasting has laid off staffers at its newly acquired Salt Lake City stations KTVX (ABC) and KUCW (CW). The Salt Lake City Tribune ... [TVSpy]

Q3 Earnings: Nexstar Revenue Increases 20% - Posted November 6, 2012
Nexstar Broadcasting reported net revenue of $90 million in the third quarter of 2012, a +20.2% increase from the year-ago quarter's net revenue of $74.8 million. Nexstar's core local and national revenue increased +7.4%. Political ad revenue increased +488% to $10.2 million in Q3, and retransmiss... [TVSpy]

Bob Walters Joins KNOE as News Director - Posted September 19, 2012
There's a new news director at KNOE, according to Jake's DTV Blog: Bob Walters began at the C... [TVSpy]

Nexstar Renews CBS Affiliation Agreements - Posted September 10, 2012
Nexstar has renewed affiliation agreements with CBS for eight of its stations, the company announced today. The long-term extensions are at KLBK in Lubbock, TX, KLS... [TVSpy]

Nexstar Broadcasting Boasts Record Second Quarter - Posted August 7, 2012
Nexstar Broadcasting is celebrating record financial results for the second quarter. The company, which owns, operates, and/or services 55 stations in 32 markets, today ... [TVSpy]

Nexstar to Acquire Newport Stations for $285M - Posted July 19, 2012
Nexstar Broadcasting and Mission Broadcasting have announced plans to acquire 12 stations from Newport Television for $285.5 million. In a statement, Nexstar said the acquisition "substantially broadens Nexstar's local television broadcasting platform with stations that are geographically complemen... [TVSpy]

Nexstar Cuts WEHT-WTVW News Director - Posted June 28, 2012
Bob Walters is out as news director of WEHT-WTVW in Evansville. Walters, who had been with WTVW since 2000, was promoted to news director of both stations last year after Nexstar Broadcast... [TVSpy]

Nexstar Reports Record Revenue - Posted May 8, 2012
Nexstar Broadcasting today reported a 19.6% rise in first quarter r... [TVSpy]

With Q4 Revenue Down 11%, Nexstar Emphasizes Growth in Core Advertising - Posted March 8, 2012
Reporting financial results for the fourth quarter, as well as the full year, of 2011, Nexstar Broadcasting emphasized growth in core advertising. Nexstar, which owns, operates, programs or provides services to 55 stations in 32 markets, today re... [TVSpy]

Robert Bee Named GM of WBRE-WYOU - Posted January 13, 2012
Robert Bee has been named vice president and general manager of WBRE in Wilkes-Barre-Scranton. In addition to overseeing the Nexstar Broadcasting-owned NBC-affiliate, Bee ... [TVSpy]

Nexstar Makes Millions Off Sinclair's Acquisition of Four Points Stations - Posted January 4, 2012
Nexstar Broadcasting is getting millions from Sinclair Broadcast Group's recent acquisition of the stations of Four Points Media. This week Sinclair ... []

Nexstar Makes Millions Off Sinclair's Acquisition of Four Points Stations - Posted January 4, 2012
Nexstar Broadcasting is getting millions from Sinclair Broadcast Group's recent acquisition of the stations of Four Points Media. This week Sinclair ... [TVSpy]

Nexstar Taps Former WROC News Director to Oversee Cross-Platform Content - Posted October 11, 2011
Nexstar Broadcasting announced today that Jerry Walsh has been named director of local content development. In his new role Walsh, who previously served as news director at Nextar's ... [TVSpy]

Nexstar Agrees to Acquire WEHT, Swapping Fox for ABC in Evansville - Posted August 9, 2011
Nexstar Broadcasting has announced an agreement to buy WEHT, the Evansville, IN ABC affiliate, from Gilmore Broadcasting for $18.5 million. Nexstar will finance the purchase by divesting assets of ... [TVSpy]

Nexstar Files Antitrust Suit Against Granite - Posted July 25, 2011
Nexstar Broadcasting filed an antitrust lawsuit today against Granite Broadcasting, claiming the company is monopolizing local television sales in Fort Wayne, IN. According to Nexstar, Granite will control the local advertising sales for the market stations affiliat... []

Sale of Nexstar Stations Possible as Company Explores 'Strategic Alternatives' - Posted July 21, 2011
Nexstar Broadcasting said today in a statement that they have decided to "explore and evaluate strategic alternatives intended to maximize shareholder value, including a possible sale of the Company." Such a sale would put Nexstar-owned stations -- 65 of them across 36 markets nationwide -- up for s... [TVSpy]

After Losing Fox Affiliation, Nexstar-owned WFFT Will Go Independent Next Month - Posted July 19, 2011
After losing its Fox affiliation last month, Nexstar-owned WFFT will become the first independent station in the Fort Wayne market, Nexstar announced today. F... [TVSpy]

Fox Continues to Cut Nexstar Affiliations - Posted June 21, 2011
A little over a month after losing the Fox affiliation of its station in Evansville, Nexstar is cutting ties with Fox at KSFX ... [TVSpy]

Nexstar Taps Mike Vaughn to Lead KARK-KARZ - Posted June 20, 2011
Nexstar has promoted Mike Vaughn, the vice president and general manager of KNWA-KFTA in Fayetteville-Ft. Smith, to VP-GM of KARK-KARZ... [TVSpy]

John Walton Becomes Latest KARD-KTVE News Director - Posted May 24, 2011
John Walton, who most recently served as an executive producer at regional cable news station Central Florida News 13, has been named news director of ... [TVSpy]

WFRV-WJMN President-GM Plans to Retire as Nexstar Takes Over - Posted May 23, 2011
WFRV-WJMN president and general manager Perry Kidder, who has been with the Wisconsin-Michigan partner stations since 1974, announced that h... [TVSpy]

Nexstar Broadcasting Boasts Record First Quarter - Posted May 11, 2011
Nexstar Broadcasting announced today that it brought in a record amount of dough during the first quarter, ... [TVSpy]

Nexstar Plans to Launch Local News at Recently Acquired WJMN - Posted April 8, 2011
When its recent deal for two affiliated stations in Green Bay and Marquette, MI closes, Nexstar Broadcasting plans to launch local news for the Marquette area. ... [TVSpy]

David Smith, President and CEO of Mission Broadcasting, Dies of Massive Heart Attack - Posted March 30, 2011
David Smith, president and CEO of Mission Broadcasting, passed away over the weekend. Smith founded Mission Broadcasting in 1998 and the company currently owns 16 stations--based mostly in smaller markets in Pennsylvania, Missouri, and Texas--which are operated by Nexstar Broadcasting... [TVSpy]