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Six television stations in Baton Rouge and Lafayette, including the local Fox and NBC affiliates, are slated to get new ownership later this year.
Tue May 21, 2013
The Fresno Bee
Fresno TV stations KSEE, KGPE to share building
Now, after a pair of deals by the Texas-based Nexstar Broadcasting Group , the two TV stations have one owner and, by fall, will work under one roof.
Wed May 15, 2013
Columbia Journalism Review
Political ad windfall drives local TV consolidation
As campaign ads saturated the airwaves during the 2012 campaign, and piles of campaign cash buoyed stations' balance sheets, media watchers wondered: how would the windfall revenues affect the local TV industry, and the news coverage it produces? We now have a partial answer: the ad-buying binge has accelerated the ongoing trend toward ownership ... (more)
Sun May 12, 2013
Time to change the channel in TV stocks
Well, we may need to change the channel to a new leader in the sector. Lets take a look at Nexstar Broadcasting Group, Inc.
Thu May 09, 2013
Third on New Rich List, Cohen Poised for Nexstar's Major Expansion
It looks like the stars have aligned for Nexstar Broadcasting Group Inc. , one of the nation's top 20 television broadcasting companies in Irving, Texas.
Wed May 08, 2013
Broadcasting & Cable
Nexstar Revenue Grows 34% in Quarter
Nexstar Broadcasting reported gross revenues of $122.9 million in the first quarter, a 33.6% increase over the same quarter a year ago.
Nexstar Broadcasting Revenue Up 34% in Q1
Nexstar Broadcasting reported $112.2 million in net revenue during the first quarter of 2013, a 34% increase on the year-ago quarter's $83.6 million.
Nexstar Broadcasting (NXST) Releases Quarterly Earnings, Misses Expectations By $0.10 EPS
Nexstar Broadcasting issued its quarterly earnings data on Wednesday. The company reported $0.02 earnings per share for the quarter, missing the analysts' consensus estimate of $0.12 by $0.10, ARN reports.
Tue May 07, 2013
Richard Engberg Named VP & GM of WMBD & WYZZ-TV
PEORIA, Illinois and IRVING, Texas - Nexstar Broadcasting Group, Inc. announced today that Richard Engberg has been appointed Vice President / General Manager of WMBD-TV and associated digital services, including Bounce TV Central Illinois, and community web portals ciproud.com and ciproud.biz , which serve the Peoria / Bloomington, IL DMA .
Fri May 03, 2013
Memphis ABC affiliate moving to new facility
Nexstar Broadcasting Group Inc. is moving its Memphis operations into a new facility at Belz Enterprises Inc.'s Shelby Oaks Corporate Park by June 1. Irving, Texas-based Nexstar will open the new broadcasting and news facility at 1725 N. Shelby Oaks to support the operations of WPTY-TV and WLMT-TV serving Memphis and WJKT-TV serving Jackson, Tenn., ... (more)
Mon Apr 29, 2013
Nexstar Broadcasting Price Target Raised to $26.00 at Ubs Ag
UBS AG currently has a buy rating on the stock. Nexstar Broadcasting traded down 1.63% on Thursday, hitting $24.13. Nexstar Broadcasting has a 1-year low of $6.00 and a 1-year high of $23.11. The stock's 50-day moving average is currently $18.46. The company has a market cap of $709.8 million and a price-to-earnings ratio of 4.13. The company also ... (more)
Sat Apr 27, 2013
Nexstar Broadcasting Price Target Increased to $26.00 by Analysts at Ubs Ag
The firm currently has a "buy" rating on the stock. Shares of Nexstar Broadcasting traded down 0.85% during mid-day trading on Thursday, hitting $24.53. Nexstar Broadcasting has a one year low of $6.00 and a one year high of $23.11. The stock's 50-day moving average is currently $18.46. The company has a market cap of $721.6 million and a P/E ratio ... (more)
Fri Apr 26, 2013
Nexstar Broadcasting Plans Quarterly Dividend of $0.12
Nexstar Broadcasting declared a quarterly dividend on Friday, April 26th, ARN reports.
Thu Apr 25, 2013
International Business Times
Top After-Market NASDAQ Movers (Old Second, Akamai Technologies,...
The top after-market Nasdaq gainers Wednesday were Old Second Bancorp Inc, Akamai Technologies Inc, Infinera Corporation, Nexstar Broadcasting Group, Inc.
Wed Apr 24, 2013
Cobalt's SpotCheck Helps Nexstar Stay CALM
Nexstar Broadcasting Group is one of the nation's top 20 station groups and owns or provides services to 72 TV stations nationwide.
Broadcasting & Cable
Nexstar, Mission Acquire CCA Group for $270 Million
Nexstar Broadcasting Group and Mission Broadcasting have agreed to acquire Communications Corp.
The new multi-year local TV ratings contract adds two stations in Nexstar Broadcasting Group, which began working with Rentrak in 2010 with three stations, now has a total of 10 stations in six different markets that use Rentrak's advanced TV measurement service.