Dennis FitzSimons
On March 21, 2025, Dennis FitzSimons gave notice to Nexstar Media Group, Inc (“Nexstar”) and its Board of Directors (the “Board”) of his intent not to stand for re-election as a director of Nexstar.
Highest-materiality recent filing
Nexstar posts record Q2 revenue of $2.0B; net income $113M, Adj. EBITDA $633M
Net revenue $1.99B (+62.2% YoY) driven by TEGNA acquisition and $147M political ad revenue.
Nexstar declares quarterly cash dividend of $1.86 per share
Dividend of $1.86 per share declared on common stock.
Nexstar shareholders approve all proposals at 2026 annual meeting
All four stockholder proposals approved; 28.66M shares voted (93.8% of 30.54M outstanding).
Nexstar closes TEGNA acquisition for $3.7B; federal court halts further integration
Pro forma revenue $2.0B in Q1 2026, net income $98M ($2.95 diluted EPS).
Nexstar posts record Q1 net revenue of $1.4B; closed TEGNA acquisition on March 19
Net revenue $1.396B (+13.1% YoY); net income $160M (+64.9%); adjusted EBITDA $470M (+23.4%).
Nexstar declares $1.86/share quarterly dividend; payable May 29
Quarterly cash dividend of $1.86 per common share declared.
Nexstar issues $1.725B of 7.250% Senior Notes due 2034 to refinance 2027 notes
$1,725M aggregate principal of 7.250% Senior Notes due 2034 issued on April 2, 2026.
Issued $3,390M of 6.500% Senior Secured Notes due 2033 to repay bridge facility and refinance existing term loan.
Nexstar closes $22/sh TEGNA acquisition with $2.9B in new debt financing
Nexstar completed acquisition of TEGNA on March 19, 2026, for $22.00 per share in cash.
Offers $3,390M senior secured notes due 2033 and $1,725M senior unsecured notes due 2034 in private placement.
Nexstar Q4 net loss $170M; revenue down 13.4% to $1.29B; guides FY26 EBITDA $1.95-2.05B
Q4 net loss of $170M vs net income of $229M a year ago; Adjusted EBITDA $433M, down 31.1% YoY.
Nexstar declares $1.86 quarterly dividend, maintains rate amid pending TEGNA acquisition
Quarterly cash dividend of $1.86 per share declared by Board.
Nexstar to acquire TEGNA for $6.2B; Q3 revenue $1.20B, adjusted EBITDA $358M
Definitive agreement to acquire TEGNA Inc. for $6.2B; expected close second half 2026, subject to regulatory approvals.
Nexstar and TEGNA receive DOJ Second Request; HSR waiting period extended; close expected by H2 2026
On Oct 30, parties received a Second Request from DOJ under HSR Act review of Nexstar-TEGNA merger.
Nexstar extends CEO Perry Sook via amended agreement through March 2029
Base salary set at $3M; target annual bonus of 200% of base salary.
Nexstar declares $1.86 quarterly dividend, payable Nov 26 to record Nov 12
Quarterly cash dividend of $1.86 per share declared.
Nexstar to acquire TEGNA for $22/share cash, $6.2B total value
Purchase price of $22.00 per share, a 31% premium to TEGNA's 30-day average stock price.
Nexstar Q2 net revenue $1.23B (-3.2% YoY), net income $91M (-14.2%), Adjusted EBITDA $389M (-6%)
Distribution revenue $733M (flat YoY); advertising revenue $475M (-9%) due to $36M drop in political to $9M.
Nexstar declares quarterly cash dividend of $1.86 per share
Dividend of $1.86 per share, payable August 29, 2025 to holders of record August 15, 2025.
Nexstar completes $3.98B refinancing; extends maturities, reduces SOFR spreads
New facilities: $1,905M Term Loan A due 2030, $1,300M Term Loan B due 2032, $750M revolver due 2030, $75M Mission revolver due 2030.
Nexstar shareholders approve all proposals; say-on-pay passes with 95.5% support
All nine director nominees elected; Perry Sook received 24.9M votes for, 779k against.
Nexstar Q1 net revenue $1.23B (-3.9%); net income $97M (-41.9%); dividend raised 10%
Net revenue $1.23B (-3.9% YoY); net income $97M (-41.9%); diluted EPS not reported.
Nexstar declares $1.86 quarterly dividend payable June 2, 2025
Quarterly cash dividend of $1.86 per share declared by Board of Directors.
Director Dennis FitzSimons to resign from Nexstar board at 2025 annual meeting
FitzSimons gave notice on March 21, 2025 that he will not stand for re-election.
Nexstar posts record Q4 net revenue of $1.49B, net income $229M; guides 2025 EBITDA $1.5B-$1.595B
Q4 net revenue $1.488B (+14.1% YoY) driven by $254M political ad revenue (+$223M YoY).
Nexstar raises quarterly dividend 10% to $1.86/share, payable Feb 26
Quarterly dividend increased 10% to $1.86 per share, twelfth consecutive annual increase.
Nexstar Q3 record net revenue $1.37B, net income $180M, adjusted EBITDA $510M
Record Q3 net revenue $1.37B (+20.7% YoY); distribution rev $719M (+20.2%), advertising rev $622M (+22.2%) with $154M political.
Nexstar declares quarterly cash dividend of $1.69 per share, payable Nov 29
Quarterly cash dividend of $1.69 per share declared by Board of Directors.
Nexstar amends 8-K to disclose Ellen Johnson appointed to Audit Committee
Original 8-K on July 31, 2024 announced Ellen Johnson's Board appointment effective Oct 1, 2024.
Nexstar eliminates EVP & CRO role; Michael Strober to depart Oct 30
Position of Executive VP and Chief Revenue Officer eliminated for streamlined structure.
Nexstar Media Group reports record Q2 net revenue $1.27B; net income $106M, Adjusted EBITDA $398M
Net revenue $1.27B (+2.3% YoY); distribution revenue $734M (record, +5.5%); advertising $522M (+2.2%) including $45M political.
Nexstar declares $1.69 dividend, authorizes $1.5B buyback; adds IPG CFO to board
Quarterly dividend of $1.69 per share, payable Aug 23, 2024 to holders of record Aug 9, 2024.
Nexstar Media Group say-on-pay fails at annual meeting; director dissent
Advisory vote on 2023 executive compensation: 11.24M FOR, 16.78M AGAINST, failed.
Nexstar Q1 2024: record net revenue $1.28B, net income up 90% to $167M, dividend raised 25%
Net revenue $1.284B (+2.1%); net income $167M (+89.8%); Adjusted EBITDA $542M (+9.3%).
Nexstar declares $1.69 quarterly dividend payable May 24, 2024
Quarterly cash dividend of $1.69 per share on NXST common stock declared.
Nexstar reports Q4 net revenue $1.3B, adjusted EBITDA $411M, issues 2024 guidance $2.085-2.195B
Q4 net revenue $1.304B, down 12.3% YoY; distribution revenue up 14.3% to $704M.
Nexstar Media raises quarterly dividend 25% to $1.69/share; 11th consecutive annual increase
New quarterly dividend of $1.69/share, up from $1.35, representing a 3.8% annualized yield.
Nexstar director Pompadur to resign at 2024 annual meeting
Director I. Martin Pompadur will not stand for re-election at the 2024 annual meeting.
Nexstar extends CFO Lee Ann Gliha's employment through Dec 2026; base salary set at $1M
Employment extended to Dec 31, 2026 with automatic one-year renewals unless 90-day notice.
Nexstar issues Q3 2023 earnings release; financial details not provided in filing text
Press release attached as Exhibit 99.1 but not included in the provided 8-K excerpt.
Nexstar Media declares $1.35 per share quarterly cash dividend
Dividend of $1.35 per share payable Nov 27, 2023 to holders of record Nov 10, 2023.
Nexstar Media Group reports Q2 2023 financial results
Press release issued on August 8, 2023 for quarter ended June 30, 2023.
Nexstar declares $1.35 quarterly dividend payable Aug 24
Board declared $1.35 per share cash dividend on common stock.
Michael Biard named Nexstar President & COO effective Aug 21; Tony Wells joins Board
Michael Biard, former Fox Corp President of Operations & Distribution, appointed Nexstar President & COO effective Aug 21, 2023.
Nexstar extends employment of Sean Compton through 2027 and Dana Zimmer through 2026
Sean Compton (President, Networks) extended to Sept 18, 2027; base salary $1M/year effective Sept 19, 2023.
Nexstar declassifies board, adopts exclusive forum and officer exculpation in charter amendment
Stockholders approved amendments on June 15, 2023; filed with Delaware on June 20, 2023.
Nexstar shareholders approve board declassification and other governance changes
31.2M votes for declassifying the board; 25.5K against; 1.9M broker non-votes.
Nexstar Q1 revenue record $1.26B (+3.9% YoY); net income falls 65% to $88M
Record Q1 net revenue of $1.257B, up 3.9% YoY; operating income $204M (down 38%).
Nexstar declares $1.35 quarterly cash dividend payable May 26
Quarterly dividend of $1.35 per share declared by Nexstar's Board on April 28, 2023.
Nexstar announces Q4 2022 earnings; detailed results in attached press release
Press release issued Feb 28, 2023 covering quarter ended Dec 31, 2022.
On March 21, 2025, Dennis FitzSimons gave notice to Nexstar Media Group, Inc (“Nexstar”) and its Board of Directors (the “Board”) of his intent not to stand for re-election as a director of Nexstar.
On September 30, 2024, executive management of Nexstar Media Group, Inc. (the “Company”) notified Michael Strober that it has eliminated his position of Executive Vice President and Chief Revenue Officer in favor of a more streamlined organizational structure. Mr. Strober will leave the Company on October 30, 2024 pursuant to the terms of his employment agreement, unless otherwise mutually agreed.
appointed Ellen Johnson as a member of the Board, effective October 1, 2024.
On January 16, 2024, I. Martin Pompadur gave notice to Nexstar Media Group, Inc (“Nexstar”) and its Board of Directors (the “Board”) of his intent not to stand for re-election as a director of Nexstar.
Mr. Biard will assume his new role from Thomas Carter, who has been named Senior Advisor effective August 21, 2023
On July 25, 2023, Nexstar Media Group, Inc. (the “Company”) announced the appointment of Michael Biard, 54, as President and Chief Operating Officer of the Company effective August 21, 2023.
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”).
On July 28, 2021, the Board of Directors of Nexstar Media Group, Inc. (the “Company”) formally appointed Lee Ann Gliha, 46, as Executive Vice President and Chief Financial Officer of the Company effective August 9, 2021.
Max materiality 1.00 · Median 0.60 · Most common event earnings