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Nexstar Media Group, Inc. (NXST) Presents at J.P. Morgan ...
2026-05-18 · via All Articles on Seeking Alpha

Nexstar Media Group, Inc. (NXST) J.P. Morgan 54th Annual Global Technology, Media and Communications Conference May 18, 2026 8:25 AM EDT

Company Participants

Lee Gliha - Executive VP & CFO
Perry Sook - Founder, Chairman & CEO

Conference Call Participants

Avi Steiner - JPMorgan Chase & Co, Research Division

Presentation

Operator

Okay. All right. Great. I'm happy to be kicking off the conference. With Nexstar Media, we have Lee Ann Gliha, Executive Vice President and CFO. Lee Ann, thanks for being here.

Lee Gliha
Executive VP & CFO

Thanks for having us.

Question-and-Answer Session

Avi Steiner
JPMorgan Chase & Co, Research Division

Okay. So Nexstar is about to turn 30, having turned from a single station to the largest local broadcaster. Maybe can you help set the stage for investors and how you see the company positioned today and what excites you for the next 30 years?

Lee Gliha
Executive VP & CFO

Yes. No, great. I appreciate it. Thanks for having us here. I was just looking at an e-mail I got from a former colleague who forwarded me something from an Investor Relations firm called Quartr, who looks at the top stocks that have been performing over the last 15 years. And Nexstar is the #5 performing stock over the last 15 years, ranking just one spot below NVIDIA. So I think that's -- it's pretty -- it's a good testament to what Perry and the team have been able to build over the years. And that really has been built on the back of the broadcast business model. And at the end of the day, we really believe that broadcast and that media is fundamental to how people view television. It's really fundamental to live sports, live content and local news viewership.

And we really have been