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The Latest Breaking News from Nexstar

TV station owner Nexstar acquires a controlling stake in CW Network

LOS ANGELES — Nexstar Media Group, the country's largest TV station owner, has acquired a controlling stake in the CW Network from its co-owners Paramount Global and Warner Bros. Discovery.

Los Angeles Times

Walker accepts debate invite, but not one that Warnock chose

Walker accepts debate invite, but not one that Warnock chose

Georgia Republican Herschel Walker has accepted an invitation in his U.S. Senate race to debate Democratic incumbent Raphael Warnock

The Independent UK

Chris Cuomo to host a prime-time show on Nexstar's NewsNation

Chris Cuomo to host a prime-time show on Nexstar's NewsNation

Cuomo has been off air since he was indefinitely suspended from CNN last November.

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Benzinga Before The Bell: Texas Giga Tesla's Output Ramp Up, California's Lithium Tax, Spot Bitcoin ETF Proposal Rejection And Other Top Financial Stories Thursday, June 30

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Nexstar Nears Deal To Snap Majority Control In CW Network: WSJ

Nexstar Media Group, Inc (NASDAQ:NXST) is on the verge of acquiring majority control of the CW Network from Warner Bros. Discovery, Inc (NASDAQ:WBD) and Paramount Global (NASDAQ:PARA), the Wall Street Journal reports. The leading owner of local television stations would acquire 75% of the CW, a broadcast network aimed primarily at teens and young adults, with…

Why Kopin Shares Are Rising Today

Kopin Corporation (NASDAQ: KOPN) shares are trading higher by 11.32% to $1.18 after the company’s Forth Dimension Displays Limited subsidiary announced a $1 million production order from Nexstar to provide Spatial Light Modulators.

Former Fox News political analyst Chris Stirewalt joins Nexstar's NewsNation

Chris Stirewalt, the former Fox News political analyst pushed out after the 2020 presidential election, has landed at NewsNation.

Los Angeles Times

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Nexstar Media Tops Q1 Backed By Advertising, Distribution Revenue Growth

Nexstar Media Tops Q1 Backed By Advertising, Distribution Revenue Growth

Nexstar Media Group, Inc (NASDAQ:NXST) reported a first-quarter FY22 net revenue growth of 8.6% year-on-year to $1.21 billion, beating the consensus of $1.19 billion. Revenues from Total Television Advertising rose 8.3% Y/Y to $451.8 million, comprising Core Advertising revenue that climbed 4% Y/Y to $428.1 million and a 338.9% growth in Political Advertising…

Nexstar Media Tops Q4 Consensus; Expects To Gain From Political Advertising

Nexstar Media Tops Q4 Consensus; Expects To Gain From Political Advertising

Nexstar Media Group Inc (NASDAQ:NXST) reported a fourth-quarter FY21 net revenue decline of 9.5% year-on-year to $1.25 billion, beating the consensus of $1.23 billion. Revenues from Total Television Advertising declined 33.6% Y/Y to $512.8 million, comprising Core Advertising revenue that climbed 4.3% Y/Y to $493.9 million, partially offset by a 93.7% decline in…

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