Nexstar Media Group Inc (STU:NXZ)
€ 163.8 2.45 (1.52%) Market Cap: 5.09 Bil Enterprise Value: 11.32 Bil PE Ratio: 10.04 PB Ratio: 2.46 GF Score: 64/100

Nexstar Media Group Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 24, 2023 / 01:20PM GMT
Release Date Price: €147.05 (-0.53%)
Avi Steiner
JPMorgan Chase & Co, Research Division - Executive Director and Senior Analyst

Good morning, everyone. My name is Avi Steiner, and I cover the media sector from the debt side here at JPMorgan. And it's our pleasure to have with us at the 51st Annual JPMorgan TMC, representatives from Nexstar Media. With us here today is Perry Sook, Chairman and CEO; Tom Carter, President and COO; and Lee Ann Gliha, Chief Financial Officer.

I'm going to run through some Q&A. We're going to have some spirited back and forth here, hopefully, and then I will open it up to the floor for any questions and if anyone has questions online as well.

And with that, thank you all for being here. It's a real pleasure.

Questions & Answers

Avi Steiner
JPMorgan Chase & Co, Research Division - Executive Director and Senior Analyst

And Perry, I'm going to start with kind of maybe a broader question here. You've long been grouped with other local broadcasters like TEGNA, Gray and Sinclair, but given your growth, you're more than 50% bigger

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