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NEXSTAR MEDIA GROUP, INC.

(NXST)
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Nexstar Media : Charitable Foundation Donates $10,040 to the Sacramento County Chapter of The Salvation Army

11/30/2021 | 04:11pm EST

IRVING, TX (Nov. 30, 2021) - The Nexstar Media Charitable Foundation and KTXL-TV FOX40, the Nexstar Media Inc. television station serving Sacramento, California and the surrounding area, announced today that the Foundation will donate $10,040 to the Sacramento Chapter of The Salvation Army.

For many years, The Salvation Army has been a pillar of hope in Sacramento, always there when the community needs it most. During the 2020 holiday season, The Salvation Army provided more than 32,500 gifts, 23,000 meals and provided assistance to 16,000 people in Sacramento County alone. Due to the ongoing challenges of the pandemic, families struggling to make ends meet are falling deeper into poverty. KTXL-TV FOX 40 has a had a longstanding relationship with the local chapter of The Salvation Army, working closely with the organization on a variety of programs designed to help those in need. From backpack and school supply drives to food drives and efforts to assist the homeless, FOX 40 has been a consistent partner to the Salvation Army.

"We are so thankful to KXTL-TV Fox40 and its parent company, Nexstar, for this incredible gift," said Major John Brackenbury, Salvation Army Divisional Commander. "They continuously go above and beyond to support The Salvation Army's mission to help anyone and everyone in need in the community. This gift will have a direct impact in the Sacramento region by supporting programs that feed the hungry, shelter the homeless and so much more. Together with partners like KXTL-TV and Nexstar, we are doing the most good."

Commenting on the donation, Scot Chastain, Vice President and General Manager of KTXL-TV FOX40 said, "The Sacramento County Operations of the Salvation Army are an invaluable resource for this area in times of need all year, and especially during the holiday season. For many years, KTXL-TV FOX40 has been proud to partner with an organization that truly does the most good in our community and we will work with them again to make sure that their resources are known and their messaging is heard loud and clear throughout the Sacramento region. Giving back to the communities served by Nexstar across the country is core to the company's mission and to FOX40's, and we are honored that the Nexstar Media Foundation will make this donation in recognition of the deep relationship between KTXL-TV, its employees, and the Salvation Army."

The Nexstar Media Charitable Foundation's mission is to contribute to and work with public charities and non-profit organizations to improve the communities in which Nexstar Media and its subsidiaries do business. The foundation was originally established in 1958 and it makes donations of approximately $350,000 annually.

###

About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, programs, or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC's UHF discount). The division's portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast networks Antenna TV and Rewind TV, and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information, please visit www.nexstar.tv.

Nexstar Media Contact:
Gary Weitman
EVP & Chief Communications Officer
972-373-8800
gweitman@nexstar.tv

Click here for the PDF version of the release.

Disclaimer

Nexstar Media Group Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 21:10:07 UTC.


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Sales 2021 4 635 M - -
Net income 2021 776 M - -
Net Debt 2021 7 137 M - -
P/E ratio 2021 9,29x
Yield 2021 1,71%
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EV / Sales 2021 2,98x
EV / Sales 2022 2,45x
Nbr of Employees 11 749
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Perry A. Sook Chairman & Chief Executive Officer
Thomas E. Carter President & Chief Operating Officer
Lee Ann Gliha Chief Financial Officer & Executive Vice President
Dione J. Rigsby Vice President-Technology
Brett E. Jenkins Chief Technology Officer & Executive VP
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