Nexstar Media Group
Nexstar Media Group ($NXST) is one of the biggest operators of local broadcast television stations in the United States. In addition to more than 160 local stations, Nexstar Media Group operates NewsNation (formerly WGN America), LIN Digital, Zap2It and Antenna TV. The company shares ownership of the Food Network and Cooking Channel with Discovery Networks. Nexstar is based in Irving, Texas.
Nexstar grabs $1.34 billion in revenue during Q1, CEO touts TEGNA deal
Nexstar Media Group worked to impress Wall Street by pointing to the prowess of its $6.2 billion merger with TEGNA during the company's Q1 report on Thursday.
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FCC commissioners could retroactively deny Nexstar-TEGNA deal
In a letter to lawmakers, FCC Chairman Brendan Carr said the Media Bureau's approval of Nexstar's acquisition of TEGNA is not a final decision.
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Nexstar takes DIRECTV’s fight over TV fees to Supreme Court
Nexstar has asked the Supreme Court to intervene in a lawsuit brought three years ago by DIRECTV over distribution fees.
Final settlement conference scheduled in Nexstar news director defamation lawsuit
The case stems from the termination of WOOD-TV's Stanton Tang and Amy Fox after a memo on Pride Month coverage sparked internal backlash, leading to their dismissals.
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Five states added to antitrust lawsuit against Nexstar over TEGNA deal
Kansas, Indiana, Pennsylvania, Massachusetts and Vermont have joined eight other states in seeking to block Nexstar's acquisition of TEGNA on antitrust grounds.
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Nexstar reaches deal with Ohio AG to acquire TEGNA stations
A Memorandum of Understanding allows Nexstar to eventually acquire two TEGNA stations in Ohio; the company can break the agreement based on fluctuating economic conditions.
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CW Network strikes content distribution pacts with ESPN, Roku
The CW Network will offer its shows through The Roku Channel and live sports through ESPN Unlimited this year.
S&P: Local TV to earn $4 billion in political ad spending in 2026
Competitive races and early campaign spending are driving strong demand for local TV inventory in key battleground states.
Nexstar launches month-long charitable giving campaign
Nexstar Media Group is recognizing the 30th year of its charitable foundation by launching a new campaign that will see the broadcaster donate $5,000 to a non-profit during the month of June.
Appeals court sets deadlines for briefs in Nexstar-TEGNA deal lawsuit
A federal appeals court has set deadlines for opening briefs in Nexstar's challenge to an injunction in a lower court lawsuit over its $6.2 billion acquisition of TEGNA.
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Nexstar files appeal after judge blocks TEGNA deal through injunction
Nexstar CEO Perry Sook maintains that scale is vital to fight tech giants for ad dollars, even as the plaintiffs argue the deal will gut local broadcast competition.
Federal judge issues preliminary injunction blocking Nexstar-TEGNA deal
A federal judge in California has issued a preliminary injunction blocking Nexstar's acquisition of TEGNA while a lawsuit filed by DIRECTV and several states proceeds.
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