Nexstar Media Group, Inc. Approves Executive Compensation

By Ahmed Jameison • Friday, June 20 15:22 • Permanent Link

Nexstar Media Group, Inc. (NASDAQ: NXST) recently held its 2025 annual shareholder meeting where several key proposals were voted on and approved. Shareholders elected all nominees to the company's board of directors and affirmed the executive compensation of the named executive officers with approximately 95.5% shareholder support. Additionally, they ratified the selection of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the year ending December 31, 2025.

Nexstar Media Group, Inc. is a leading diversified media company with a significant presence in both local and national news, sports, and entertainment content across television and digital platforms. The company's extensive portfolio includes more than 200 owned or partner stations in 116 U.S. markets, reaching a staggering 220 million people. Notably, Nexstar owns America's largest local television broadcasting group, which consists of top network affiliates.

Furthermore, the company's national television properties encompass the CW, a prominent broadcast network, NewsNation (a national news network), popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. Nexstar's digital assets, including local TV station websites, The Hill, and NewsNationNow.com, collectively rank as a top 10 U.S. digital news and information property.

These developments underscore Nexstar's continued commitment to delivering compelling content across various media platforms while garnering strong shareholder support for key corporate decisions. As a result of these announcements, the company's shares have moved 2.79% on the market, and are now trading at a price of $171.235. For more information, read the company's full 8-K submission here.

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