Nexstar Media Group Overview

MediaCompany

Was Nexstar Media Group formerly PE-backed?

Yes. Nexstar Media Group was formerly owned by 1 private investor.

Where is Nexstar Media Group headquartered?

Nexstar Media Group is headquartered in Irving, Texas.

What is Nexstar Media Group’s revenue?

Nexstar Media Group disclosed revenue of 5,407M USD for 2024 and 4,933M USD for 2023.

How many employees does Nexstar Media Group have?

Nexstar Media Group has 11,773 employees.

What sector is Nexstar Media Group in?

Nexstar Media Group is a media company.

When was Nexstar Media Group founded?

Nexstar Media Group was founded in 1996.

Nexstar Media Group

Nexstar Media Group, Inc.

545 E. John Carpenter Freeway, Suite 700,
Irving, Texas 75062
United States,
(972) 373-8800
www.nexstar.tv

Nexstar Media Group is a media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 170 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar Media Group was founded in 1996 and is based in Irving, Texas.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.8/yr) # 8 1 1 1 - 1 12
vol $11.3B $130M $35M $6.2B $17.6B
Sell (0.4/yr) # 2 1 - - 1 - 4
vol $350M $350M
  16

Top M&A Advisors

Financial Deals
BofA Securities
2
Goldman Sachs
1
J.P. Morgan Securities
1
Legal Deals
Kirkland & Ellis
2
Wiley Rein
2
Morrison & Foerster
1

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