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NEXSTAR MEDIA GROUP, INC.

(NXST)
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Nexstar Media : Charitable Foundation And WAVY-TV/WVBT FOX43 Donate $5,000 To The H.O.P.E. Foundation

10/08/2021 | 12:22pm EST

IRVING, TX (Oct. 8, 2021) - The Nexstar Media Charitable Foundation announced today it will donate $5,000 to The H.O.P.E. Foundation Inc., of Virginia Beach, Virginia, on behalf of WAVY-TV/WVBT, the Nexstar Media Inc. television stations serving Norfolk, Virginia, and the surrounding area. The H.O.P.E. Foundation, which draws its name from its motto, Helping Others Pursue Excellence, is dedicated to providing overnight shelter and homecooked meals for the region's homeless population during the months of May to November.

In addition to providing shelter and meals to the homeless, The H.O.P.E. Foundation provides a variety of other services to the area's homeless, including health screening, assistance with obtaining state-issued identification cards, birth certificates, high school equivalency certificates, helps individuals register to vote and felons to get their civil rights restored. The foundation also helps its patrons obtain Medicaid/Medicare benefits.

H.O.P.E Summer Shelter provides important services to the area's homeless and the foundation is a supporter of World Homeless Day. Designed to raise awareness about the issue of homelessness and inadequate housing, World Homeless Day takes place on October 10. WAVY-TV/WVBT are proud to serve as the foundation's media partner to promote World Homeless Day, and WAVY-TV hosts a telethon to benefit the organization. Approximately 150 million people around the world are homeless. The foundation works in partnership with others to help the homeless individuals become functioning, integral parts of the community.

"We are so thankful to WAVY-TV/WVBT for their partnership and for this generous donation," said Regina Darden, Founder of The H.O.P.E. Foundation. "The foundation will put this donation to good use by assisting the guests/homeless in our community who need our love, support, consistency, and respect for how hard they work to overcome their personal challenges. As I always say, 'Homelessness is a situation, it's not who you are.'"

Commenting on the donation, Carol Ward, Vice President and General Manager of WAVY-TV/WVBT said, "We are honored to partner with the H.O.P.E. Foundation Inc. to support World Homeless Day and make this contribution to help the homeless in our community get the help and resources needed to become a gainful and an inherent part of our community. Our hope is that this donation will draw more attention to the needs of the local homeless population here in Virginia. Giving back to the communities served by Nexstar across the country is core to the company's mission, and we are proud to make this donation on behalf of WAVY-TV/WVBT FOX43, Nexstar Media Group, and all the company's 13,000 employees."

The Nexstar Media Charitable Foundation's mission is to contribute to and work with public charities and non-profit organizations to improve the communities in which Nexstar Media and its subsidiaries do business. The foundation was originally established in 1958 and it makes donations of approximately $350,000 annually.

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About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, programs, or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC's UHF discount). The division's portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast networks Antenna TV and Rewind TV, and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information, please visit www.nexstar.tv.

Nexstar Media Contact:
Gary Weitman
EVP & Chief Communications Officer
972-373-8800
gweitman@nexstar.tv

Click here for PDF version of release.

Disclaimer

Nexstar Media Group Inc. published this content on 08 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2021 16:21:07 UTC.


© Publicnow 2021
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Number of Analysts 10
Last Close Price 152,42 $
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Spread / Average Target 21,6%
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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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