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The Latest Breaking News from Nexstar

This Political Ad Conglomerate Offers Steady Dividends And Wall Street Analysts Are Bullish

Since October 2021, the communications sector has been lagging behind the S&P 500, and is down roughly 34% year-to-date, as of Sept. 9. As the economy braces for a potential recession, TV station operators hope to generate revenues through advertisers and subscribers.

Benzinga

Warnock, Walker set on 1 debate in Georgia Senate race

Georgia voters will see at least one fall debate between Sen. Raphael Warnock and Republican challenger Herschel Walker

The Independent UK

Walker and Warnock to debate in Savannah on Oct. 14

ATLANTA — U.S. Sen. Raphael Warnock and Republican hopeful Herschel Walker will meet in an Oct. 14 debate in Savannah, ending weeks of wrangling, taunting and name-calling by agreeing to a nationally watched showdown that will be one of the campaign season’s biggest events.

Tribune News Service

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Raphael Warnock accepts Herschel Walker’s preferred debate in Georgia with conditions

ATLANTA — U.S. Sen. Raphael Warnock said he’ll debate Herschel Walker at the Republican’s preferred event in Savannah in October — if his GOP challenger accepts a second showdown next month and agrees that the candidates won’t be provided the topics of the questions in advance.

Tribune News Service

Warnock, Walker creep toward debating in Georgia Senate race

Georgia Democratic Sen. Raphael Warnock and Republican challenger Herschel Walker may be getting closer to debating in the state’s U.S. Senate race

The Independent UK

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

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

The Independent UK

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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.

Axios

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:

Benzinga

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…

Benzinga

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.

Benzinga

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

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…

Benzinga

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…

Benzinga

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