{"id":697424,"date":"2025-10-30T15:30:21","date_gmt":"2025-10-30T12:30:21","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/nexstar-extends-ceo-perry-sooks-contract-into-2029\/"},"modified":"2025-10-30T15:30:21","modified_gmt":"2025-10-30T12:30:21","slug":"nexstar-extends-ceo-perry-sooks-contract-into-2029","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nexstar-extends-ceo-perry-sooks-contract-into-2029\/","title":{"rendered":"Nexstar Extends CEO Perry Sook\u2019s Contract Into 2029"},"content":{"rendered":"
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\n\tThe local TV giant Nexstar has signed its chairman and CEO Perry Sook to a new employment contract, one that will keep the executive at the helm of the company through March 2029.<\/p>\n

\n\tSook, who founded Nexstar in 1996, is also the third largest shareholder in the company after the institutional firms Blackrock and Vanguard, holding 5.8 percent of the company\u2019s shares as of earlier this year.<\/p>\n

\n\tThe contract extension comes at a pivotal moment for Nexstar, which is seeking to acquire TEGNA in a $6.2 billion deal that would reshape the TV station landscape. The deal would require the FCC to change its TV station ownership rules.<\/p>\n

\n\tNexstar also owns the political news<\/a> outlet The Hill<\/em>, The CW, and the cable news channel NewsNation.<\/p>\n

\n\t\u201cAs we embark on this next phase of growth for Nexstar, I have never been more energized about the prospects for the industry, for Nexstar and for what Nexstar can become,\u201d Sook said in a statement. \u201cI look forward to leading the Company to new levels of success and continuing to create value for our shareholders, our advertisers, our employees and the communities we serve.\u201d<\/p>\n

\n\t\u201cThe Board is delighted to extend Perry\u2019s employment agreement at this pivotal moment for Nexstar and the local broadcast television industry,\u201d added Jay Grossman, chair of Nexstar\u2019s board of directors compensation committee. \u201cPerry\u2019s vision, commitment and deep understanding of the media<\/a> landscape have been instrumental in driving Nexstar\u2019s strong and consistent record of operating execution, financial growth and shareholder returns.<\/p>\n

\n\t\u201cThe proposed acquisition of TEGNA represents the next chapter in Nexstar\u2019s growth story and with Perry\u2019s unmatched experience and track record of success in broadcast M&A, he is uniquely qualified to deliver the full value we expect for shareholders, as well as the local communities we serve,\u201d he continued. On behalf of the entire Board of Directors, we are deeply grateful for Perry\u2019s exceptional leadership and continued commitment to our viewers, advertising clients, team members, shareholders and all stakeholders.\u201d<\/p>\n

\n\tNexstar was also at the heart of last month\u2019s Jimmy Kimmel fiasco, with Nexstar and fellow local TV owner Sinclair preempting Kimmel\u2019s show over comments he made in the wake of Charlie Kirk\u2019s assassination. <\/p>\n

\n\tWhile the preemption ended up being short-lived, speculation about the motives dominated much of the conversation around the call. Nexstar said that it made the decision to preempt Kimmel and ultimately return the show to air \u201cindependent of any external influence from government agencies or individuals.\u201d<\/p>\n<\/div>\n

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The local TV giant Nexstar has signed its chairman and CEO Perry Sook to a new employment contract, one that will keep the executive at the helm of the company through March 2029. Sook, who founded Nexstar in 1996, is also the third largest shareholder in the company after the institutional firms Blackrock and Vanguard,…<\/p>\n","protected":false},"author":1,"featured_media":697425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2025\/08\/GettyImages-1195397953.jpg?w=1440&h=810&crop=1","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[134624,1579],"class_list":["post-697424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-nexstar","tag-the-cw"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/697424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=697424"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/697424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/697425"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=697424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=697424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=697424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}