Nexstar Media is cutting the ribbon that tied together its ad packaging strategy.
The TV-station huge is eliminating its chief revenue officer position, noting in a Friday filing with the U.S. Securities and Exalter Cotransferrlookion that it would like “a more streamlined organizational structure.” He is foreseeed to depart Nexstar on October 30.
“Nexstar can verify that Michael Strober, who has served as the company’s Chief Revenue Officer since January 2023, will be leaving the company at finish of October,” Nexstar shelp in a statement. “We thank him for his directership and service, and we want him the best.”
During Strober’s tenure, Nexstar, the nation’s bigst owner of local TV outlets has toiled to showcase the company’s achieve in both national and local media, touting expansive delightment and sports programming at its CW; recents at NewsNation; and audiences apass multiple geographies who watch its local stations.”
Overall Nexstar ad revenue ticked up 2.2%, or $11 million, during the second quarter to $522 million.
More to come…
