Nexstar Media Raises Nearly $1.5 Million to Date for Hurricane Relief Efforts
October 08 2024 - 8:00AM
Business Wire
Company’s Fundraising Across its Media
Properties to Benefit American Red Cross, United Way, Salvation
Army, and Other Charitable Organizations
Nexstar Will Continue Charitable Efforts as
Hurricane Milton Approaches U.S.
Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that
its media businesses across the country have helped raise close to
$1.5 million to date from viewers to support relief efforts related
to Hurricane Helene and the potential damage that may be caused by
Hurricane Milton. Donations will go to aid several charitable
organizations assisting victims of the storm, including the
American Red Cross, United Way, and the Salvation Army, among
others.
All of Nexstar’s 200 owned or partner television stations, the
company’s national cable news network, NewsNation, The CW Network,
and radio station WGN-AM in Chicago are participating in the
fundraising drive, which began last week and is still underway.
Among the more notable efforts:
- WJHL-TV, Nexstar’s local television station in Tri-Cities,
Tennessee, raised more than $700,000 in partnership with the local
chapter of United Way.
- WIVB-TV in Buffalo, New York, held a telethon that generated
more than $165,000 in donations to the American Red Cross.
- The Nexstar Media Charitable Foundation contributed $25,000 to
the American Red Cross last week.
In addition, across all of its local stations and television
networks, Nexstar has so far helped raise more than $325,000 in
contributions from viewers to the American Red Cross. Fundraising
efforts will continue this week, with Hurricane Milton headed
toward the Florida coast with the potential to be even more severe
than Helene. Several Nexstar television stations are planning
telethons, food and water drives, and airing a variety of public
service programming related to Hurricanes Helene and Milton.
“Since its founding nearly 30 years ago, Nexstar has always been
committed to giving back to the communities in which it operates,”
said Nexstar’s Chairman and Chief Executive Officer Perry Sook. “We
take great pride in being able to assist those directing the
hurricane recovery efforts in the southeastern region of the United
States, and to make it easy for our viewers, listeners, and users
to come to the aid of those impacted by Hurricane Helene and
possibly Hurricane Milton.”
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading
diversified media company that produces and distributes engaging
local and national news, sports and entertainment content across
its television and digital platforms, including more than 310,000
hours of programming produced annually by its business units.
Nexstar owns America’s largest local television broadcasting group
comprised of top network affiliates, with 200 owned or partner
stations in 116 U.S. markets reaching 220 million people. Nexstar’s
national television properties include The CW, America’s fifth
major broadcast network, NewsNation, our national news network
providing “News for All America,” popular entertainment multicast
networks Antenna TV and Rewind TV, and a 31.3% ownership stake in
TV Food Network. The Company’s portfolio of digital assets,
including its local TV station websites, The Hill and
NewsNationNow.com, are collectively a Top 10 U.S. digital news and
information property. For more information, please visit
nexstar.tv.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241008869424/en/
Media Contact: Gary Weitman EVP/Chief Communications
Officer Nexstar Media Group, Inc. 972-373-8800 or
gweitman@nexstar.tv
Nexstar Media (NASDAQ:NXST)
Historical Stock Chart
From Oct 2024 to Nov 2024
Nexstar Media (NASDAQ:NXST)
Historical Stock Chart
From Nov 2023 to Nov 2024