Nexstar Media Group (NXST) - President & COO Michael Biard, CFO Lee Ann Gliha
Hanna Howard (Portfolio Manager) moderates a discussion with Nexstar Media Group's President & COO Michael Biard and CFO ...
Executive Vice President & Chief Financial Officer, Nexstar Media
Search every verified Lee Gliha interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Lee Gliha, Executive Vice President and Chief Financial Officer of Nexstar Media Group, participated in a discussion on June 17, 2025, alongside President and COO Michael Biard. During the conversation, Biard stated that Nexstar has created shareholder value through its M&A strategy, including the 2017 Media General acquisition and the 2019 Tribune Media acquisition. He also said that broadcast television remains the most important medium for engaging live sports audiences, citing record viewership for events like the Super Bowl and Indy 500. Biard described the CW as a strategically valuable asset that allows Nexstar to control its own destiny on a vertically integrated network, and characterized NewsNation as a fact-based, nonpartisan cable news network that complements the company's core business. Biard addressed regulatory and industry topics, stating that FCC Chairman Carr has been "refreshingly practical and modern" in recognizing that broadcasters face growth constraints from ownership caps while big tech and big media face no similar restrictions. He said Nexstar does not agree that it has pricing power in retransmission fees, noting a disparity between the share of fees the company receives and the share of viewership it delivers. Biard also commented that the notion of regulating reverse retransmission payments came from a single commissioner who was set to resign, and that the company does not view it as an operative concern.
Hanna Howard (Portfolio Manager) moderates a discussion with Nexstar Media Group's President & COO Michael Biard and CFO ...
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