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Nexstar Media Group Inc's Business Segments
Nexstar Media Group Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
4
Largest Segment
Reportable Broadcast Segment
Total Revenue
$ 1,993
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Reportable Broadcast Segment62%
- Reportable Tegna Segment35%
- All Other Segments4%
- Corporate0.1%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Reportable Broadcast Segment | $ 1,236 | 62% |
| Reportable Tegna Segment | $ 697 | 35% |
| All Other Segments | $ 79 | 4% |
1 more segments available
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Revenue by Product & Service Category - Q2 FY2026
- Advertising2.2%
- Distribution Service1.7%
- Other0.1%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Advertising | $ 43 | 2.2% |
| Distribution Service | $ 34 | 1.7% |
| Other | $ 1 | 0.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Nexstar Media Group Inc
Nexstar Media Group Inc. is an American television broadcasting company headquartered in Irving, Texas. The company was founded in 1996 as Nexstar Broadcasting Group and has since grown to be the largest television station group in the United States, with over 197 full power stations and digital multicast channels.
Nexstar Media Group Inc. operates TV stations in 115 markets across the United States, reaching approximately 62.5 million households, or about 39% of all TV households nationwide. They offer a wide range of programming including news, sports, entertainment, and local events across various platforms, including on-air, online, and mobile applications.
Nexstar Media Group Inc. provides its broadcast services to local television stations under management agreements, which allow the company to operate and program the stations on behalf of the license owner. In addition, the company also owns and operates station websites, mobile apps, and other digital media assets.
In terms of news, Nexstar Media Group Inc. has a commitment to localism and operates a number of news programs across its various stations. They also offer centralized news production and programming services to its local stations, providing access to their National Content Desk, which offers local stations access to the latest news and event coverage across multiple platforms.
Nexstar Media Group Inc. has also been involved in several high-profile acquisitions over the years. In 2016, they acquired Media General, a rival media company that owned a number of television stations across the United States. In 2019, they acquired Tribune Media, another media company with a number of television stations in major U.S. markets. These acquisitions have helped the company grow significantly in terms of both geographic reach and total household coverage.
In addition to their media operations, Nexstar Media Group Inc. is also committed to social responsibility and community involvement. The company is involved in a number of charitable initiatives, including blood drives, food bank donations, and disaster relief efforts.
Overall, Nexstar Media Group Inc. is a leading television broadcasting company in the United States with a broad reach and a commitment to localism and community service. They offer a diverse range of programming and operate across multiple platforms, making them a valuable partner for advertisers and content providers alike.
Nexstar Media Group Inc. operates TV stations in 115 markets across the United States, reaching approximately 62.5 million households, or about 39% of all TV households nationwide. They offer a wide range of programming including news, sports, entertainment, and local events across various platforms, including on-air, online, and mobile applications.
Nexstar Media Group Inc. provides its broadcast services to local television stations under management agreements, which allow the company to operate and program the stations on behalf of the license owner. In addition, the company also owns and operates station websites, mobile apps, and other digital media assets.
In terms of news, Nexstar Media Group Inc. has a commitment to localism and operates a number of news programs across its various stations. They also offer centralized news production and programming services to its local stations, providing access to their National Content Desk, which offers local stations access to the latest news and event coverage across multiple platforms.
Nexstar Media Group Inc. has also been involved in several high-profile acquisitions over the years. In 2016, they acquired Media General, a rival media company that owned a number of television stations across the United States. In 2019, they acquired Tribune Media, another media company with a number of television stations in major U.S. markets. These acquisitions have helped the company grow significantly in terms of both geographic reach and total household coverage.
In addition to their media operations, Nexstar Media Group Inc. is also committed to social responsibility and community involvement. The company is involved in a number of charitable initiatives, including blood drives, food bank donations, and disaster relief efforts.
Overall, Nexstar Media Group Inc. is a leading television broadcasting company in the United States with a broad reach and a commitment to localism and community service. They offer a diverse range of programming and operate across multiple platforms, making them a valuable partner for advertisers and content providers alike.
Nexstar Media Group Inc. is a highly diversified media and entertainment company that operates across a variety of segments, each with a comprehensive array of products and services designed to meet the needs of both consumers and advertisers. Here’s an in-depth overview:
Segments
1. Broadcasting
- Television Stations: Nexstar owns and operates 199 television stations across 116 U.S. markets. This extensive network allows for localized broadcasting that caters to the diverse demographics of each region. Stations cover a wide array of programming including local news, prime-time entertainment, sports events, and community-focused initiatives.
- Local News Production: Each station produces its own local news programming, providing residents with timely and relevant updates regarding breaking news, weather reports, sports highlights, and local interest features.
- Affiliate Partnerships: Nexstar partners with major television networks such as NBC, CBS, ABC, and FOX, providing viewers with high-quality, network-affiliated programming alongside their local content.
2. Digital
- Web and Mobile Platforms: Nexstar operates numerous digital properties that offer news, entertainment, and lifestyle content. These platforms also serve as hubs for user engagement, providing articles, videos, and live streaming of local events.
- Advertising Technology: Utilizing advanced ad tech, Nexstar serves programmatic advertising solutions that enable targeted advertising for local and national brands, enhancing their reach and effectiveness.
- E-commerce Services: Nexstar’s digital segment facilitates e-commerce by partnering with local businesses to promote their products and services directly to consumers through various online formats.
3. Syndication and Other
- Syndicated Programming: The company syndicates popular shows that have nationwide appeal, such as “Jeopardy!” and “Wheel of Fortune,” among other lifestyle and entertainment programming.
- National News Programming: Nexstar also provides access to national news programs, ensuring a broad distribution of quality journalism through its owned and operated stations.
- Media-Related Ventures: This segment includes various other media-related businesses like partnerships with content providers and platforms that enhance Nexstars media reach.
Products
1. Local News
- Nexstar’s stations are well-known for their in-depth local news coverage, featuring skilled journalists and immersive storytelling that resonates with the community.
2. Network Programming
- Distributed programming includes flagship entertainment and news shows that draw significant viewership, providing ample advertising opportunities and contributing to overall revenue.
3. Digital Content
- The company invests in various types of digital content creation. This includes:
- Written Articles: In-depth news articles, opinion pieces, and community stories.
- Videos: Local news segments, interviews, and entertainment pieces.
- Podcasts: Audio programming that offers deeper dives into news stories and local features.
- Interactive Content: Engaging formats that allow user interaction, such as polls and quizzes.
4. Advertising Solutions
- Nexstar offers diverse advertising solutions tailored to its various platforms, including:
- Television Advertising: Traditional spots, sponsorships, and branded content tailored through their broad station network.
- Digital Advertising: From display ads and video ads to sponsored content on websites and apps, providing businesses with multiple avenues to reach potential customers.
Services
1. Marketing Services
- Nexstar provides local businesses with marketing services that include:
- Website Design and Development: Creating user-friendly, optimized websites for local businesses.
- Email Marketing: Campaign management that helps businesses reach customers effectively.
- Search Engine Optimization (SEO): Enhancing online visibility to drive traffic and increase engagement.
2. Production Services
- In-house production capabilities allow Nexstar to create high-quality commercials and video programming. This includes:
- Commercial Production: Tailored ad creation for local clients, enhancing brand presence.
- Syndicated Program Production: Development and production of content that can be distributed nationally.
3. Consulting Services
- Nexstar provides consulting to other media companies, helping them streamline operations, implement best practices, and enhance overall profitability through customized strategies and expert advice.
Conclusion
In summary, Nexstar Media Group Inc. operates a multifaceted business model that encompasses broadcasting, digital media, and syndication. Its offerings—ranging from localized news programming to expansive digital content and advertising solutions—position the company as a key player in the entertainment and media landscape, serving the needs of consumers, advertisers, and business clients alike.
Segments
1. Broadcasting
- Television Stations: Nexstar owns and operates 199 television stations across 116 U.S. markets. This extensive network allows for localized broadcasting that caters to the diverse demographics of each region. Stations cover a wide array of programming including local news, prime-time entertainment, sports events, and community-focused initiatives.
- Local News Production: Each station produces its own local news programming, providing residents with timely and relevant updates regarding breaking news, weather reports, sports highlights, and local interest features.
- Affiliate Partnerships: Nexstar partners with major television networks such as NBC, CBS, ABC, and FOX, providing viewers with high-quality, network-affiliated programming alongside their local content.
2. Digital
- Web and Mobile Platforms: Nexstar operates numerous digital properties that offer news, entertainment, and lifestyle content. These platforms also serve as hubs for user engagement, providing articles, videos, and live streaming of local events.
- Advertising Technology: Utilizing advanced ad tech, Nexstar serves programmatic advertising solutions that enable targeted advertising for local and national brands, enhancing their reach and effectiveness.
- E-commerce Services: Nexstar’s digital segment facilitates e-commerce by partnering with local businesses to promote their products and services directly to consumers through various online formats.
3. Syndication and Other
- Syndicated Programming: The company syndicates popular shows that have nationwide appeal, such as “Jeopardy!” and “Wheel of Fortune,” among other lifestyle and entertainment programming.
- National News Programming: Nexstar also provides access to national news programs, ensuring a broad distribution of quality journalism through its owned and operated stations.
- Media-Related Ventures: This segment includes various other media-related businesses like partnerships with content providers and platforms that enhance Nexstars media reach.
Products
1. Local News
- Nexstar’s stations are well-known for their in-depth local news coverage, featuring skilled journalists and immersive storytelling that resonates with the community.
2. Network Programming
- Distributed programming includes flagship entertainment and news shows that draw significant viewership, providing ample advertising opportunities and contributing to overall revenue.
3. Digital Content
- The company invests in various types of digital content creation. This includes:
- Written Articles: In-depth news articles, opinion pieces, and community stories.
- Videos: Local news segments, interviews, and entertainment pieces.
- Podcasts: Audio programming that offers deeper dives into news stories and local features.
- Interactive Content: Engaging formats that allow user interaction, such as polls and quizzes.
4. Advertising Solutions
- Nexstar offers diverse advertising solutions tailored to its various platforms, including:
- Television Advertising: Traditional spots, sponsorships, and branded content tailored through their broad station network.
- Digital Advertising: From display ads and video ads to sponsored content on websites and apps, providing businesses with multiple avenues to reach potential customers.
Services
1. Marketing Services
- Nexstar provides local businesses with marketing services that include:
- Website Design and Development: Creating user-friendly, optimized websites for local businesses.
- Email Marketing: Campaign management that helps businesses reach customers effectively.
- Search Engine Optimization (SEO): Enhancing online visibility to drive traffic and increase engagement.
2. Production Services
- In-house production capabilities allow Nexstar to create high-quality commercials and video programming. This includes:
- Commercial Production: Tailored ad creation for local clients, enhancing brand presence.
- Syndicated Program Production: Development and production of content that can be distributed nationally.
3. Consulting Services
- Nexstar provides consulting to other media companies, helping them streamline operations, implement best practices, and enhance overall profitability through customized strategies and expert advice.
Conclusion
In summary, Nexstar Media Group Inc. operates a multifaceted business model that encompasses broadcasting, digital media, and syndication. Its offerings—ranging from localized news programming to expansive digital content and advertising solutions—position the company as a key player in the entertainment and media landscape, serving the needs of consumers, advertisers, and business clients alike.