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.

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.
FIRST ON THE DESK

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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NewsNation to simulcast Nexstar’s California gubernatorial debate
NewsNation says it will simulcast a wide-ranging debate with California's candidates for governor later this month.

Viewpoint: What happens next for Nexstar and TEGNA?
Will Nexstar be forced to make some compromises to settle a federal antitrust lawsuit and finally close on its merger with TEGNA? Or will the deal collapse?
By:
Kirk Varner
OPINION

Judge extends, modifies restraining order in Nexstar-TEGNA legal challenge
A federal judge extended a temporary restraining order, modifying it to give Nexstar greater ability to make routine payments associated with TEGNA.

California DOJ warned Nexstar of probe into TEGNA merger before deal closed
Nexstar proceeded with its deal after federal approvals, prompting lawsuits from states and DIRECTV over antitrust concerns.
FIRST ON THE DESK

Federal judge delays order on injunction in Nexstar-TEGNA merger lawsuit
A federal judge delayed ruling on an injunction in the Nexstar-TEGNA case after hearing arguments from both sides.
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Nexstar stock drops after judge blocks TEGNA deal
Shares of Nexstar Media Group traded sharply lower on Monday, the first full day of trading since a federal judge blocked the broadcaster's acquisition of TEGNA.