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 announced on September 17, 2026, that its Michigan television stations will air two exclusive live multi-market telecasts of debates, with gubernatorial candidates facing off on October 6 and U.S. Senate candidates on October 8, both live from WOOD-TV studios in Grand Rapids. This follows reports on September 17 detailing expected layoffs at local ABC, CBS, FOX, and NBC stations owned by Nexstar Media Group. Industry reports and employee accounts suggest the company is moving to replace some on-site staff with automated systems for producing newscast graphics. Earlier on September 17, advertisers indicated they are moving ahead with live sports streaming investments, with Nexstar Media Group's Premion connected TV advertising platform noting live sports remains a valuable environment for reaching passionate fans. Previously, on September 16, Carolyn Williamsen was promoted to Vice President and General Manager of WFRV-TV.
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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 55% of Nexstar Media Group's revenue.
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