Nexstar Media Group, also known as Nexstar, is a Publicly Owned company headquartered in the US. Founded in 1996, it employs approximately 3480 individuals and reported $4.9B in revenue as of 2025. The company's main product is broadcast television and radio. It produces and distributes local and national news, sports, and entertainment content, including 283,000 hours of original video content each year.
On April 24, 2026, a judge blocked Nexstar Media Group's plan to acquire Tegna, delivering a significant legal setback to the company just weeks after closing one of the largest media acquisitions in recent years. Nexstar, which ranks among the nation's largest owners and operators of local television stations, initially announced its intention to acquire Tegna in August 2025. Previously, on April 23, Nexstar hosted a televised debate for California's six main gubernatorial candidates, focusing on issues such as housing, safety, cost of living, and climate policy. Broadcast across Nexstar stations statewide from KRON4’s studio in San Francisco, this event followed a new poll conducted by Nexstar and Emerson College to re-select candidates after Democratic Representative Swalwell's withdrawal. Earlier, on April 22, Nexstar Media Group announced that its Kentucky TV stations would air an exclusive multi-market live broadcast of a debate between the leading Republican Party nomination candidates for U.S. Senator from Kentucky.
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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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