Nexstar Media Group, Inc. (NASDAQ: NXST), a publicly owned company founded in 1996, is a diversified media company headquartered in the US. Employing approximately 3,480 people, Nexstar produces and distributes local and national news, sports, and entertainment content, generating over $1 billion in revenue in 2024. Its primary business is broadcast television and radio, with an annual output exceeding 283,000 hours of original video content.
Nexstar Media Group Inc. held a "Remarkable Women" awards gala in early April 2025 at the Loews Hollywood Hotel, honoring winners from across the nation and selecting a "Nexstar Woman of the Year" for 2024. On April 22, 2025, the Nexstar Media Charitable Foundation and WANE-TV donated $2,500 to the YMCA of Greater Fort Wayne. Also, on April 16, 2025, WGN-TV announced the appointment of Tim McNamara as Director of Sales, effective April 28, 2025. McNamara will oversee advertising sales across various platforms. Separately, a news story noted a sales team leader's move to a top-level sales position at a Nexstar-owned broadcast TV station. Nexstar Media Group Inc. was also featured in March's Safest Dividend Yields Model Portfolio.
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Nexstar Media Group offers 118 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 $5.4B in 2024. All the revenue comes from linear (local broadcaster).
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