Nexstar Cuts Chief Revenue Officer Who Tried to Sell Ads Across CW, NewsNation [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
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Source: Yahoo! Finance
More from Variety “Nexstar can confirm that Michael Strober, who has served as the company's Chief Revenue Officer since January 2023, will be leaving the company at end of October,” Nexstar said in a statement. “We thank him for his leadership and service, and we wish him the best.” During Strober's tenure, Nexstar, the nation's largest owner of local TV outlets has worked to showcase the company's reach in both national and local media , touting broad entertainment and sports programming at its CW; news at NewsNation; and audiences across 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. Strober took on the chief revenue officer job in late 2022, armed with many years of experience as a senior ad-sales executive at large media companies. Between 2016 and 2019, he served as an executive vice president for Turner, the previously named TV unit of WarnerMedia. After he left
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