‘Diverse, Scaled, Efficient’: Sook’s Recipe For Nexstar Q3 Success

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“Nexstar’s results continue to benefit from our diverse, scaled, efficient and low leverage business model.”


That’s what the founder of the single-largest owner of broadcast television stations, The CW Network, the NewsNation cable TV network and WGN-AM in Chicago said ahead of the third quarter 2022 earnings call for the company he founded nearly three decades ago.

“Nexstar delivered another quarter of record financial results,” Perry Sook said of Nexstar Media Group’s Q3 2022 results. But, did Nexstar meet analyst expectations?

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