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Nexstar

  • Nexstar CEO Says Broadcast Ownership Deregulation Is ‘Palpable’ Under Trump Administration

    The company also shared that The CW is aiming to become profitable in 2026

    By

    Kayla Cobb
    February 27, 2025 @ 9:57 AM
    TV
    9:57 AM
    Nexstar CEO Says Broadcast Ownership Deregulation Is ‘Palpable’ Under Trump Administration
  • Nexstar and Optimum Reach Carriage Deal to Restore 63 Channels to Altice Customers

    The pact brings programming back to TV stations in 42 markets across the United States

    By

    Stephanie Kaloi
    January 18, 2025 @ 10:04 AM
    Business
    10:04 AM
    Nexstar and Optimum Reach Carriage Deal to Restore 63 Channels to Altice Customers
  • NewsNation, 63 Nexstar TV Stations Go Dark on Optimum Amid Carriage Dispute

    The contract expired at 5 p.m. ET Friday

    By

    Lucas Manfredi
    January 10, 2025 @ 3:19 PM
    TV
    3:19 PM
    NewsNation, 63 Nexstar TV Stations Go Dark on Optimum Amid Carriage Dispute
  • Nexstar Inks Renewal of NBC TV Affiliate Distribution Deal

    The multi-year pact covers Nexstar-owned and partner TV stations in 33 markets across the country that reach more than 14 million households

    By

    Lucas Manfredi
    January 8, 2025 @ 7:44 AM
    Business
    7:44 AM
    Nexstar Inks Renewal of NBC TV Affiliate Distribution Deal
  • Nexstar to Cut About 2% of Staff, Layoffs Expected in Broadcasting and Sales Divisions

    The downsizing comes after The CW let go of over two dozen employees last month

    By

    Lucas Manfredi
    December 11, 2024 @ 11:20 AM
    Business
    11:20 AM
    Nexstar to Cut About 2% of Staff, Layoffs Expected in Broadcasting and Sales Divisions
  • Nexstar CEO Calls Brendan Carr an ‘Outstanding Choice’ for FCC Chairman as Company Seeks Deregulation

    The company has been open about wanting to work with the government to deregulate broadcast ownership

    By

    Kayla Cobb
    November 18, 2024 @ 7:39 AM
    Media
    7:39 AM
    Nexstar CEO Calls Brendan Carr an ‘Outstanding Choice’ for FCC Chairman as Company Seeks Deregulation
  • Nexstar Reduces CW Operating Losses by $119 Million, Surpassing Expectations

    The network’s operating losses were also reduced by $36 million year-over-year

    By

    Kayla Cobb
    November 7, 2024 @ 10:35 AM
    Business
    10:35 AM
    Nexstar Reduces CW Operating Losses by $119 Million, Surpassing Expectations
  • Nexstar Eager to Work With ‘New Congress’ on Deregulating Broadcast Ownership: ‘We See This as a Bipartisan Issue’

    Currently, no one station owner can cover more than 39% of U.S. television households

    By

    Kayla Cobb
    November 7, 2024 @ 9:16 AM
    TV
    9:16 AM
    Nexstar Eager to Work With ‘New Congress’ on Deregulating Broadcast Ownership: ‘We See This as a Bipartisan Issue’
  • Nexstar Reduces CW Quarterly Losses By $33 Million Year-Over-Year

    Year-to-date operated losses were reduced by $83 million, the company revealed during its second quarter earnings report

    By

    Kayla Cobb
    August 8, 2024 @ 9:37 AM
    TV
    9:37 AM
    Nexstar Reduces CW Quarterly Losses By $33 Million Year-Over-Year
  • Nexstar Expects to Trim Losses at The CW By $100 Million ‘For the Year’

    The company reported a $50 million improvement during its first quarter of 2024

    By

    Kayla Cobb
    May 9, 2024 @ 9:45 AM

    Pro Available to WrapPRO members

    TV
    9:45 AM
    Nexstar Expects to Trim Losses at The CW By $100 Million ‘For the Year’

    Pro Available to WrapPRO members

  • Nexstar ‘Extremely Disappointed’ by FCC Order to Sell WPIX-TV, Will ‘Vigorously’ Dispute Ruling

    “The FCC has been misled by the often distracting noise in the media ecosphere,” CEO Perry Sook says

    By

    Sharon Knolle
    March 21, 2024 @ 6:18 PM
    TV
    6:18 PM
    Nexstar ‘Extremely Disappointed’ by FCC Order to Sell WPIX-TV, Will ‘Vigorously’ Dispute Ruling
  • DirecTV’s Antitrust Lawsuit Against Nexstar Dismissed by Judge

    “DirecTV’s injuries are too indirect and speculative to confer antitrust standing,” the Wednesday ruling states

    By

    Ross A. Lincoln
    March 20, 2024 @ 9:53 PM
    TV
    9:53 PM
    DirecTV’s Antitrust Lawsuit Against Nexstar Dismissed by Judge
  • Could Nexstar Buy a Big 4 Network? CEO Perry Sook Says ‘Never Say Never’

    As murmurs persist about Paramount and Disney abandoning their linear assets, Nexstar may be open to moving beyond the CW

    By

    Kayla Cobb
    February 28, 2024 @ 8:26 AM
    TV
    8:26 AM
    Could Nexstar Buy a Big 4 Network? CEO Perry Sook Says ‘Never Say Never’
  • Nexstar President Says Fox-Disney-WBD Sports Streaming Venture Will Offer ‘Additive’ Revenue Stream, Dings ‘Market Overreaction’ to Deal

    President and COO Michael Biard said there was “significant misinterpretation” to the offering during the company’s Q4 earnings call

    By

    Kayla Cobb
    February 28, 2024 @ 7:37 AM
    TV
    7:37 AM
    Nexstar President Says Fox-Disney-WBD Sports Streaming Venture Will Offer ‘Additive’ Revenue Stream, Dings ‘Market Overreaction’ to Deal
  • Nexstar Plans Weekend NewsNation Politics Talk Show for The CW | Exclusive

    The series would be similar in concept to “Face the Nation,” CW president of entertainment Brad Schwartz tells TheWrap

    By

    Ross A. Lincoln, Kayla Cobb, and Jose Alejandro Bastidas
    February 16, 2024 @ 8:00 AM
    TV
    8:00 AM
    Nexstar Plans Weekend NewsNation Politics Talk Show for The CW | Exclusive
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