Nexstar Media (NXST) Stock

IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA's Optimum TV customers. Together, Nexstar and Optimum thank our customers and viewers for their patience as we partnered on the best deal for them. Specific terms of the agreement were not released. About Nexstar Media Group, Inc. Nexstar Media Group.

After multiple stations went dark last week, Nexstar has reached a carriage agreement with Altice USA. The partnership agreement was announced Saturday, and although the terms were not released, programming has already been restored to two million subscribers of Optimum TV, which is owned by the U.S. arm of French telecom giant Altice.

NEW YORK--(BUSINESS WIRE)--Optimum calls on Nexstar, the owner of multiple broadcast stations across the country, to put its viewers first and stop driving up TV prices for consumers. While Nexstar continues to make unreasonable demands that are not in line with the reality of today's TV landscape, Optimum is at the forefront of fighting for customers' rights while bringing them affordable video solutions to keep costs down. Further to their egregious rate demands – the highest of any broadcast.

IRVING, Texas--(BUSINESS WIRE)--Altice USA drops the network and local programming provided by Nexstar Media Group television stations from Optimum, impacting millions of viewers.

Nexstar Media Group is set to expand by using ATSC 3.0, which improves interactive TV, signal security, and data services. With major investments in new stations, digital resources, and acquisitions, along with strong asset growth, NXST appears to be a good investment at 7 times its earnings. Even though it has high debt, NXST's rising equity, growing cash flow, and smart acquisitions suggest it will perform well financially in the future.

In periods of market instability and uncertainty, many investors seek out stocks that pay dividends. These stocks usually belong to companies with strong cash flow that provide generous dividends to their shareholders.

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has named Bill Sammon as the Senior Vice President of Editorial Content for The Hill and NewsNation in Washington, D.C.

Nexstar Media Group, Inc. (NASDAQ:NXST) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 10:00 AM ET. The call will feature company representatives including Joe Jaffoni, Perry Sook, Mike Biard, and Lee Ann Gliha, along with participants from various financial institutions. The operator welcomes everyone and notes that the call is being recorded.

IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Nexstar Media Group has announced a quarterly cash dividend of $1.69 for each share of its common stock.