Nexstar Media Group, also known as Nexstar, is a publicly owned company headquartered in the US. Founded in 1996, with approximately 3480 employees, the company reported $4.9B in revenue as of 2025. The company specializes in broadcast television and radio, functioning as a diversified media entity that produces and distributes local and national news, sports, and entertainment content, including 283,000 hours of original video content each year.
Nexstar Media Group filed a 50-page reply brief on July 9, 2026, challenging a federal judge's April injunction on its proposed $6.2 billion merger with Tegna. The company questioned how a locality-based theory of harm could justify a nationwide preliminary injunction, vowing to fight back against antitrust allegations and claims of political involvement with the Trump administration. Previously, on July 8, 2026, a federal judge in California scheduled a bench trial for July 6, 2027, to hear the challenge brought by U.S. states and DirecTV against the merger. Earlier, on July 7, 2026, Nexstar announced it would report its 2026 second-quarter financial results and host a conference call and webcast on August 6, 2026.
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Nexstar Media Group offers 156 products in the media and telecoms services industry. Nexstar Media Group's product portfolio comprises of broadcast television and radio.
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Nexstar Media Group's revenues were $4.9B in 2025. Caretta Research has split Nexstar Media Group's revenue into 2 different product categories, the largest of which is linear (local broadcaster), which represents 54% of Nexstar Media Group's revenue.
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