Tag: Perry Sook

"We remain confident that the case challenging our acquisition of TEGNA is without merit and we will continue to vigorously defend it.”

"No one wants their news from a chatbot or a rage-optimized social feed. Americans deserve more than a shrinking set of national outlets that do not reflect the diversity of their communities."

“Next month marks the thirtieth anniversary of Nexstar’s founding - a journey that began with a single station in Scranton, Pennsylvania. While the media landscape has shifted dramatically since then, my conviction that local journalism is vital to democracy remains unchanged."

“Make no mistake about it. There are many companies in both television and radio that are financially struggling right now.”

Nexstar Media Group CEO Perry Sook previously told company employees that he believes NewsNation will ultimately become the "exclusive wire service and national news partner" for all of its local news operations.

"We are grateful to President Trump, Chairman Carr, and the DOJ for recognizing the dynamic forces shaping the media landscape and enabling this transaction to move forward.”

The company noted that the $199 million decline in the fourth quarter can largely be attributed to a significant drop in political advertising related to the presidential election in the prior year.

"Our core business is performing well, with stable year-over-year distribution and non-political advertising revenue and strong expense management resulting in lower year-over-year operating expenses."

"I have never been more energized about the prospects for the industry, for Nexstar and for what Nexstar can become."

"One company having the ability to reach 80% of U.S. households truly flies in the face of the law."