{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022896","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.743849+00:00","generated_at":"2026-06-22T02:53:55.798861+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nexstar posts record Q3 revenue $1.27B, net income $287.5M; acquires 75% of CW Network","bullets":["Q3 net revenue $1.27B (+9.7% YoY); net income $287.5M (+70% YoY); adjusted EBITDA $488.8M (+19.1%).","Political ad revenue surged 942.7% to $129.3M; core ad fell 7.6% to $399.7M.","Distribution revenue $641.7M (+3.7%); digital revenue $85.7M (+5.7%).","Closed acquisition of 75% stake in The CW Network; new $1.5B share repurchase authorized.","CEO Perry Sook extended through March 2026; Board to recommend declassification."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022896","json":"https://secwatch.observer/filing/0000950170-22-022896.json","markdown":"https://secwatch.observer/filing/0000950170-22-022896.md","text":"https://secwatch.observer/filing/0000950170-22-022896.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022022896/0000950170-22-022896-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022022896/nxst-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:53:55.798861+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":"5f324ec30d76286bebcb9230917aff408ba72f1b","claim":"NEXSTAR MEDIA GROUP, INC. reported the third quarter ended September 30, 2022 results: revenue $1,269.1 million, net income $287.5 million.","evidence_excerpt":"8-K as Exhibit 99.1 and is incorporated herein by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 NEXSTAR MEDIA GROUP REPORTS RECORD THIRD QUARTER NET REVENUE OF $1.27 BILLION Net Revenue Drives Record Q3 Operating Income of $355.3 Million, Net Income of $287.5 Million, Adjusted EBITDA of $488.8 Million and Free Cash Flow of $293.6 Million All-Time","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1142417/000095017022022896/0000950170-22-022896-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$1,269.1 million"},{"label":"Net income","value":"$287.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}