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.

2025 Revenue

Founded

1996

Headcount

12,832

Headquarters

United States

Primary Segment

Broadcast television and radio

Ownership

Publicly Owned

News Summary:

Nexstar Media Group Inc. executives Perry Sook, Founder, Chairman, and CEO, and Lee Gliha, Executive VP and CFO, presented at the Goldman Sachs Communacopia + Technology Conference on September 10, 2026. Earlier the same day, the Nexstar Media Charitable Foundation, alongside its St. Louis television stations KTVI-TV and KPLR-TV, donated $5,000 to Operation Food Search, Missouri’s largest independent food bank. On September 9, 2026, Sook and Gliha also presented at the Bank of America 2026 Media, Communications & Entertainment Conference. Separately on September 9, a report highlighted ongoing uncertainty surrounding the full integration of Nexstar's TEGNA assets with its existing broadcast television stations, with the potential for a "quadopoly" in markets such as New Orleans. Previously, on September 8, 2026, Sook and Gliha addressed attendees at Citi's 2026 Global TMT Conference.

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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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Examples of Nexstar Media Group's suppliers include Associated Press, Fincons Group and Nielsen.

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Nexstar Media Group currently holds broadcasting rights for sports competitions including basketball.

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