Nexstar lays off local TV journalists including KTLA's Glen Walker and Lu Parker [Yahoo! Finance]
Nexstar Media Group, Inc. - Class A (NXST)
Last nexstar media group, inc. - class a earnings: 2/26 07:04 am
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Source: Yahoo! Finance
Nexstar Media Group is slashing personnel from its TV stations, including several on-air veterans at Los Angeles outlet KTLA. Glen Walker and Lu Parker, anchors of KTLA's late morning and midday newscasts are out along with meteorologist Mark Kriski , according to people briefed on the moves. Kriski had been with KTLA since 1991, while Walker has been at the station's anchor desk since 2010. Parker joined KTLA in 2005. A representative for Nexstar said the company does not comment on personnel issues, adding it is "taking steps necessary to compete effectively in this period of unprecedented change." The layoffs are part of a company-wide cost reduction across Nexstar's stations. The Irving, TX-based Nexstar, which has a $6.2 billion merger deal with station group Tegna, is looking for savings as traditional TV viewing declines and puts pressure on ad revenue as consumers continue to move to video-streaming platforms. Television station groups have been lobbying the governm
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News
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- Nexstar Media Group Reports Fourth Quarter Net Revenue of $1.29 Billion [Yahoo! Finance]Yahoo! Finance
- Nexstar Media Group Reports Fourth Quarter Net Revenue of $1.29 BillionBusiness Wire
- Nexstar Media Group to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
NXST
Earnings
- 2/26/26 - Miss
NXST
Sec Filings
- 2/26/26 - Form 8-K
- 2/3/26 - Form 8-K
- 12/23/25 - Form 4
- NXST's page on the SEC website