About Nexstar Broadcasting
Nexstar Broadcasting is a company based in Irving (United States) founded in 1996 by Perry A Sook. The company has 13,010 employees as of December 31, 2024. Nexstar Broadcasting has completed 12 acquisitions, including BestReviews, EndPlay and Fox 5 Krbk. Nexstar Broadcasting offers products and services including Television Programming and Digital Content Services.
- Headquarter Irving, United States
- Employees 13010 as on 31 Dec, 2024
- Founders Perry A Sook
- Stage Public
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Nexstar Media Group, Inc.
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Annual Revenue
$5.41 B (USD)9.61as on Dec 31, 2024
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Net Profit
$702 M (USD)102.89as on Dec 31, 2024
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EBITDA
$2.1 B (USD)24.58as on Dec 31, 2024
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Latest Funding Round
$2.68 B (USD), Debt – Conventional
Nov 22, 2018
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Investors
Not available
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Employee Count
13010
as on Dec 31, 2024
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Investments & Acquisitions
BestReviews
& 11 more
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IPO & Listings of Nexstar Broadcasting
Nexstar Broadcasting is a publicly listed company on the NASDAQ with ticker symbol NXST in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Nexstar Broadcasting
Nexstar Broadcasting offers a comprehensive portfolio of products and services, including Television Programming and Digital Content Services.
Local and national news, sports, and entertainment are broadcasted through television stations to reach audiences.
Digital content publishing and video advertising are offered to clients and advertisers via online platforms.
People of Nexstar Broadcasting
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Leadership Team
117 people
Software Development Team
79 people
Sales and Marketing
45 people
Product Management Team
10 people
Finance and Accounting
10 people
Legal and Compliance
10 people
Operations Team
10 people
Senior Team
8 people
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Funding Insights of Nexstar Broadcasting
Investments & Acquisitions by Nexstar Broadcasting
Nexstar Broadcasting has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include BestReviews, EndPlay and Fox 5 Krbk.
Investment portfolio details for Nexstar Broadcasting
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Video ads are served across devices via a specialized platform.
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Locked | Locked | 2014 | Locked | |
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General entertainment content is broadcast through a television network.
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Locked | Locked | 2014 | Locked | |
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Video content management solutions are provided for media organizations.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Nexstar Broadcasting
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Nexstar Broadcasting
Detailed financials for Nexstar Broadcasting
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Nexstar Broadcasting Comparisons
Peer comparison for Nexstar Broadcasting
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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Competitors of Nexstar Broadcasting
Detailed competitors of Nexstar Broadcasting
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Nexstar Broadcasting
Complete news archive for Nexstar Broadcasting
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Nexstar Broadcasting
Nexstar Broadcasting was founded in 1996 and raised its 1st funding round 7 years after it was founded.
Nexstar Broadcasting is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Perry A Sook is the current CEO of Nexstar Broadcasting. They have also founded this company.
As of Dec 31, 2024, the latest employee count at Nexstar Broadcasting is 13,010.
Annual revenue of Nexstar Broadcasting is $5.41B as on Dec 31, 2024.
Nexstar Broadcasting is a subscription-based satellite TV service provider. It owns, operates, and programs, provides sales and other services to television stations located in New York, California and other cities. The company owns or provide services to 115 broadcast television stations and 36 related digital multicast signals and reaches 62 markets. It claims to reach 13.8 million television households in US. Its stations are affiliates of ABC, CBS, FOX, NBC, CW and My Network. Its 57 community portal websites offer additional hyper-local content for consumers and advertisers. Perry Sook is the founder and CEO of the company. In 2020, the company recorded annual revenues of 4.5 B and a net profit of 811.4 M.
Nexstar Broadcasting offers Television Programming and Digital Content Services.
Yes, Nexstar Broadcasting is publicly traded on NASDAQ under the ticker symbol NXST.
Nexstar Broadcasting has made 12 acquisitions, including BestReviews, EndPlay, and Fox 5 Krbk.
The ticker symbol of Nexstar Broadcasting is NXST on NASDAQ.