Nexstar Media Group Inc (NAS:NXST)
$ 171.15 0.86 (0.51%) Market Cap: 5.31 Bil Enterprise Value: 11.84 Bil PE Ratio: 9.93 PB Ratio: 2.43 GF Score: 94/100

Nexstar Media Group Inc at Stephens Investment Conference Transcript

Nov 16, 2023 / 04:00PM GMT
Release Date Price: $147.33 (-1.44%)
Nicholas Todd Zangler
Stephens Inc., Research Division - Analyst

Hi, everyone. Thank you very much for coming. My name is Nick Zangler. I cover ad tech and media at Stephens. Happy to have Nexstar with us, Lee Ann Gliha, CFO; Mike Biard, COO. Guys, thank you very much for coming.

Nexstar, it's the largest broadcaster operating 200 local stations across 116 markets, also operate some major broadcast network in the CW recently acquired, I think, that was 1.5 years ago or so, a growing cable news network in News Nation, which I actually utilize and watch pretty frequently.

Questions & Answers

Nicholas Todd Zangler
Stephens Inc., Research Division - Analyst

Yes. But maybe just as an introduction, would you mind discussing the reach, the scale of your assets how you feel about your positioning, the strategy versus your peers and other broadcasters within the current market environment.

Lee Ann Gliha
Nexstar Media Group, Inc. - Executive VP & CFO

Yes. Great. I'll just kick it off. Thanks for

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