NEXSTAR MEDIA GROUP, INC.

(NXST)
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Krbk and Kozl-Tv Nexstar Media Inc., Wholly Owned Subsidiary of Nexstar Media Group, Inc Launch Nextgen Tv on Four Local Television Stations in Springfield, Mo

12/20/2021 | 05:02pm EDT

Springfield, Missouri’s leading television stations began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology based on the same fundamental technology as the Internet and digital apps. Today’s launch includes KOLR (CBS), KSPR (ABC), KRBK (Fox), and KOZL-TV (MyNet). NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters to reach viewers with advanced emergency alerts, NEXTGEN TV features stunning video with brilliant color, sharper images and deeper contrast to create a more life-like experience. NEXTGEN TV adds a whole new dimension to TV viewing, with vibrant video and new Voice+ dialogue enhancement that brings voices to the foreground. Movie theater-quality sound lets viewers hear every voice clearly and keeps volume consistent across channels. NEXTGEN TV also can be enhanced with Internet content to let viewers get the most out of live sports, live news, and live events in real-time, without looking away from the TV screen. Powered by ATSC 3.0, NEXTGEN TV is the most significant broadcast technology upgrade ever. Features available on NEXTGEN TV will vary by device and station as broadcasters roll out service across the country. Antenna viewers without NEXTGEN TV sets can simply rescan their TV sets to ensure uninterrupted service. Rescan instructions are available at: fcc.gov/rescan. Cable and satellite subscribers do not need to take any action. Today’s launch in Springfield follows a decade of development and months of planning and preparation by the local stations in the market. Nexstar Media Inc.’s KOZL-TV has converted to ATSC 3.0 transmissions and is broadcasting both its own programming and the programming of the other participating stations in the NEXTGEN TV format. The programming of all the participating stations will continue to be available in the existing DTV format, which can be received on all modern television sets. BitPath, which is developing new data broadcasting services, led the planning process and deployment efforts across the four television stations.


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All news about NEXSTAR MEDIA GROUP, INC.
05/16Rosenblatt Adjusts Nexstar Media Group's Price Target to $181 from $180, Keeps Neutral ..
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05/12Deutsche Bank Adjusts Nexstar Media Group's Price Target to $225 From $216, Maintains B..
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05/12NEXSTAR MEDIA GROUP, INC. : Ex-dividend day for
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05/10NEXSTAR MEDIA GROUP, INC. Management's Discussion and Analysis of Financial Condition ..
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05/10TRANSCRIPT : Nexstar Media Group, Inc., Q1 2022 Earnings Call, May 10, 2022
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05/10Nexstar Media Group to Seek M&A
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05/10Nexstar Media Group's Q1 Net Income, Revenue Increase
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05/10Nexstar Media Group Reports Record First Quarter Net Revenue of $1.21 Billion
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05/10Earnings Flash (NXST) NEXSTAR MEDIA GROUP Reports Q1 Revenue $1.21B, vs. Street Est of ..
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05/10Nexstar Media Group, Inc. Reports Earnings Results for the First Quarter Ended March 31..
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Financials (USD)
Sales 2022 5 271 M - -
Net income 2022 1 041 M - -
Net Debt 2022 6 758 M - -
P/E ratio 2022 7,00x
Yield 2022 2,02%
Capitalization 7 211 M 7 211 M -
EV / Sales 2022 2,65x
EV / Sales 2023 2,60x
Nbr of Employees 11 817
Free-Float 82,2%
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Nexstar Media Group, Inc. Technical Analysis Chart | NXST | US65336K1034 | MarketScreener
Technical analysis trends NEXSTAR MEDIA GROUP, INC.
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 10
Last Close Price 178,48 $
Average target price 204,90 $
Spread / Average Target 14,8%
EPS Revisions
Managers and Directors
Perry A. Sook Chairman & Chief Executive Officer
Thomas E. Carter President & Chief Operating Officer
Lee Ann Gliha Chief Financial Officer & Executive Vice President
Dione J. Rigsby Vice President-Technology
Brett E. Jenkins Chief Technology Officer & Executive VP
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