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Nexstar Extends CEO Sook's Contract Amid Merger Plans

10/31/2025

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Story summary
  • Nexstar Media Group extended CEO Perry Sook's contract through March 2029, reflecting confidence in his leadership.
  • Sook, who founded the company in 1996, has made Nexstar the largest local TV station owner in the U.S.
  • In 2024, Sook earned $35.9 million, a 23% increase from 2023.
  • The extension follows Nexstar's proposed merger with Tegna, potentially expanding its station portfolio to 80% of the U.S.
  • Sook remains committed to shareholders and communities amid controversy over Jimmy Kimmel's show suspension.