{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-122781","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2024-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.787370+00:00","generated_at":"2026-05-30T03:17:45.834578+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 Q3 record net revenue $1.37B, net income $180M, adjusted EBITDA $510M","bullets":["Record Q3 net revenue $1.37B (+20.7% YoY); distribution rev $719M (+20.2%), advertising rev $622M (+22.2%) with $154M political.","Net income $180M vs $8M prior year; adjusted EBITDA $510M (+82.8%); adjusted free cash flow $327M (+303.7%).","The CW operating losses reduced $36M YoY; NASCAR Xfinity and WWE NXT debuts drove double-digit audience gains.","Returned $233M to shareholders via dividends and buybacks, reducing shares outstanding by 3.1% (1,061,852 shares repurchased at ~$167.16).","Debt repayment $85M; total debt $6.7B; first lien net leverage 1.91x; new $1.5B share repurchase authorization announced July 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-122781","json":"https://secwatch.observer/filing/0000950170-24-122781.json","markdown":"https://secwatch.observer/filing/0000950170-24-122781.md","text":"https://secwatch.observer/filing/0000950170-24-122781.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000095017024122781/0000950170-24-122781-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000095017024122781/nxst-20241107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:17:45.834578+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}