“An excellent start to 2024.” That’s the summation from Perry Sook, founder and Chairman/CEO of Nexstar Media Group, as he pointed to outperformance for the nation’s No. 1 owner of broadcast TV stations, and the parent of The CW Network, the NewsNation cable news network, and spoken word radio leader WGN-AM in Chicago.
Indeed, Nexstar’s Q1 2024 net revenue were in line with analysts’ expectations, thanks to “record” dollars during the three-month period.