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 completed its ATSC 3.0/NextGen TV rollout in the Cleveland television market on July 24, marking deployment of the broadcast standard across all top 25 U.S. designated market areas. Previously, on July 23, a bipartisan group of state attorneys general raised issues with efforts by Nexstar and Tegna to continue toward a merger, citing a preliminary injunction issued earlier in the year. Also on July 23, CBS announced it would switch the affiliation of stations in six markets from Nexstar-owned stations to those from Hearst and Forum Communications, though Nexstar affirmed CBS was extending affiliations in 36 of its markets. Earlier the same day, U.S. pay-TV operator DirecTV and a coalition of 13 states filed a motion calling for the enforcement of a ruling to prevent Nexstar from integrating Tegna, a rival with which it had agreed a merger deal.
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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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