{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-019246","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2022-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.743312+00:00","generated_at":"2026-06-23T05:30:21.951267+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nexstar closes 75% acquisition of The CW Network; Dennis Miller named President","bullets":["Nexstar acquired 75% ownership stake in The CW for no consideration; WBD and Paramount each retain 12.5%.","Dennis Miller stepped down from Nexstar board to become President of The CW, replacing Mark Pedowitz.","WBD and Paramount will produce 12 original scripted series for 2022/2023 broadcast season.","Nexstar expects The CW to become profitable by 2025 with investment in low 9-figures.","Mark Pedowitz departs after 11 years as Chairman/CEO; will support transition."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-019246","json":"https://secwatch.observer/filing/0000950170-22-019246.json","markdown":"https://secwatch.observer/filing/0000950170-22-019246.md","text":"https://secwatch.observer/filing/0000950170-22-019246.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022019246/0000950170-22-019246-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022019246/nxst-20221003.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T05:30:21.951267+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3857728d12","claim":"Dennis Miller departed as member of the Board of Directors at NEXSTAR MEDIA GROUP, INC..","evidence_excerpt":"On October 3, 2022, Nexstar Media Group, Inc. a Delaware Corporation (“Nexstar”), issued a press release announcing that Dennis Miller, a member of Nexstar’s Board of Directors (“Board”) since 2014, has stepped down from the Board effective immediately in connection with the closing of Nexstar’s acquisition of The CW Network, LLC (“The CW”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022019246/0000950170-22-019246-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"member of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}