Public Company Other

Nexstar Media Group

Irving, Texas, United States

Diversified media company that produces and distributes local and national news, sports and entertainment content across television and digital platforms, including major broadcast networks (e.g., The CW, NewsNation) and digital properties such as The Hill and NewsNationNow.com.

Focus Areas
Local broadcast television, Digital news and information, National broadcast networks
Website
www.nexstar.tv

Tracked deals

3

3 tracked deals across 2020-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 divestiture

Nexstar Media Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Nexstar Media Group. 1 2020 1 2021 1 2025

Supporting Data

Recent Transactions

  • Nexstar Media Group Acquires TEGNA for $6.2 Billion
    August 19, 2025
    Buyer
    Nexstar Media Group, Inc.
    Target
    TEGNA Inc.
    Industry
    Media & Entertainment
    Location
    Virginia, United States
    Type
    Buyout

    Nexstar Media Group entered into a definitive agreement to acquire TEGNA in an all-cash transaction valued at $6.2 billion ($22.00 per share). The deal received the required FCC and U.S. DOJ approvals and was closed on March 19, 2026.

  • Nexstar Acquires The Hill for $130 Million
    August 20, 2021
    Buyer
    Nexstar Media Inc., Nexstar Media Group, Inc.
    Target
    The Hill
    Seller
    Jimmy Finkelstein, HRS Management
    Industry
    Media & Entertainment
    Location
    District of Columbia, United States
    Type
    Buyout

    Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc., acquired political digital media platform The Hill for $130 million (plus working capital adjustments). The acquisition expands Nexstar's digital content portfolio and audience reach, pairing The Hill's political news platform with Nexstar's national and local distribution channels to drive advertising and monetization opportunities.

  • Nexstar Acquires BestReviews from Tribune Publishing
    December 16, 2020
    Buyer
    Nexstar Inc. (Nexstar Media Group, Inc.)
    Target
    BestReviews LLC
    Seller
    Tribune Publishing Company, BR Holding Company, Inc.
    Industry
    Media & Entertainment
    Location
    Nevada, United States
    Type
    Divestiture

    Nexstar Inc., a subsidiary of Nexstar Media Group, agreed to acquire BestReviews LLC from Tribune Publishing Company and BR Holding Company, Inc. for $160 million in cash. Tribune owned 60% and the founders (BR Holding) owned 40%; the deal strengthens Nexstar's digital content and commerce capabilities and is expected to close following customary approvals.

Related Acquisition Pages

Media & Entertainment Buyers & Acquisitions 3 tracked deals by Nexstar Media Group. Acquisitions in Nevada 1 tracked deal by Nexstar Media Group. Acquisitions in Virginia 1 tracked deal by Nexstar Media Group.

Related articles

Selling a company? Get in front of buyers like Nexstar Media Group

Turn tracked acquisition activity into an outreach-ready buyer list.

Find buyers like these →