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 $5.4B in revenue as of 2024. Functioning as a tier 1 media tech buyer, its main product is broadcast television and radio. The company specializes in producing and distributing local and national news, sports, and entertainment content, including 283,000 hours of original video content each year.
President Donald Trump on February 8, 2026, endorsed Nexstar Media Group’s proposed $6.2 billion acquisition of broadcast rival Tegna, a notable reversal from his previous criticism of the deal. Trump stated on social media that "We need more competition against THE ENEMY the Fake News National TV Networks."
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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 $5.4B in 2024. Caretta Research has split Nexstar Media Group's revenue into 2 different product categories, the largest of which is linear (local broadcaster), which represents 53% of Nexstar Media Group's revenue.
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