{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-134753","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.452197+00:00","generated_at":"2026-06-02T04:54:10.344421+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nexstar Q1 2024: record net revenue $1.28B, net income up 90% to $167M, dividend raised 25%","bullets":["Net revenue $1.284B (+2.1%); net income $167M (+89.8%); Adjusted EBITDA $542M (+9.3%).","Distribution revenue all-time high $761M (+4.5%); advertising $512M (-1%) with political $39M.","The CW losses reduced $50M YoY; primetime ratings up two sequential quarters.","Dividend increased 25% to $1.69/share; $111M stock buyback (666,574 shares at ~$166.11).","Sold BMI stake for $40M gross; adopted separation of Chair and CEO roles effective after Sook departure."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-134753","json":"https://secwatch.observer/filing/0001193125-24-134753.json","markdown":"https://secwatch.observer/filing/0001193125-24-134753.md","text":"https://secwatch.observer/filing/0001193125-24-134753.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000119312524134753/0001193125-24-134753-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000119312524134753/d789117d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:54:10.344421+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":"80f4c110fe0275da17485dc2d2783a9fe41e84a3","claim":"NEXSTAR MEDIA GROUP, INC. reported the quarter ended March 31, 2024 results: revenue $1.28 billion, net income $167 million.","evidence_excerpt":"an ATSC 3.0, or NextGen TV, signal from a Nexstar owned or operated station following the Chicago and San Diego market launches. Net Revenue. Record first quarter net revenue of $1.28 billion, increased by $27 million, or 2.1%, reflecting growth in distribution revenue, partially offset by a slight decline in advertising and other revenue. Approximately 59% of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1142417/000119312524134753/0001193125-24-134753-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$1.28 billion"},{"label":"Net income","value":"$167 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"}