{
Nexstar Media Group, Inc.

Companies

}
Symbol NXST
Name Nexstar Media Group, Inc.
Currency USD
Sector Communication Services
IndustryGroup Media & Entertainment
Industry Media
Market NASDAQ Global Select
Country United States
State TX
City Irving
Zipcode 75062
Website http://www.nexstar.tv
Track all markets on TradingView
Streaming Services Shift Focus to Profitability Amid Fiber and 5G Growth
At the UBS Global Media and Communications Conference, industry leaders emphasized a shift from subscriber growth to profitability in streaming services, highlighting the importance of high-quality programming. The fiber internet market is poised for significant growth, with projections indicating an increase from ~50% to ~80% of U.S. households by 2028, driven by federal funding and carrier support. Meanwhile, the 5G network is reshaping consumer experiences, offering faster speeds and new opportunities in the enterprise sector, while telecommunications companies focus on zero latency solutions to meet customer demands.
Investment Bank
United States Dollar Nexstar Media Group, Inc. T-Mobile US, Inc. Lumen Technologies, Inc. USA Kelsey Perselay Jud Henry Chris Stansbury Show more
Technology & Innovation, Market Report
13:00 19.11.2024
media executives anticipate mergers and deregulation under trump administration
Media executives anticipate increased mergers and reduced regulation following Donald Trump's election as president. Warner Bros. Discovery CEO David Zaslav indicated that accelerated deal-making could alleviate consumer issues, while Nexstar Media Group CEO Perry Sook outlined plans for expansion, supported by potential changes at the Federal Communications Commission.
Bloomberg.com
Nexstar Media Group, Inc. Warner Bros. Discovery, Inc. USA Perry Sook David Zaslav
Finance & Economy, Market Report
21:12 07.11.2024
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