Nexstar Media Group
Irving, Texas, United States · Broadcasting, Digital Media, Internet
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, program
Key facts
- Headquarters
- Irving, Texas, United States
- Employees
- 11,086
- Industries
- Broadcasting, Digital Media, Internet
- Status
- Public (NXST)
- Website
- www.nexstar.tv
- Company page
Recent activity at Nexstar Media Group
- : SEC 8-K (8.01): On July 31, 2026, Nexstar Media Group, Inc. announced through a press release that its Board of Directors declared a quarterly cash dividend of $1.86 per share on its outstanding common stock. This dividend is scheduled to be payable on August 28, 2026, to stockholders who are on record by August 14, 2026. This move is expected to enhance shareholder value and signal the company's ongoing financial health and commitment to return capital to investors.
- : SEC 8-K (7.01): On June 16, 2026, Nexstar Media Group, Inc. disclosed that during its Meeting, stockholders elected all nominees to the Board of Directors and affirmed the executive compensation for named executive officers. Additionally, the stockholders ratified PricewaterhouseCoopers LLP as the registered public accounting firm for the fiscal year ending December 31, 2026, and approved the 2026 Long-Term Omnibus Incentive Plan. This filing is significant as it reflects the company's governance actions and strategic decisions moving forward.
- : Nexstar Media Group Announces New Partnerships with Roku and ESPN Following Tegna Deal.
- : SEC 8-K (8.01): On May 1, 2026, Nexstar Media Group, Inc. announced via a press release that its Board of Directors declared a quarterly cash dividend of $1.86 per share on outstanding common stock. The dividend is set to be payable on May 29, 2026, to stockholders of record as of May 15, 2026. This strategic decision underscores the company's commitment to returning value to shareholders, reflecting financial health and operational success. The announcement is significant as it highlights the company's ongoing profitability and future plans for capital management.
- : SEC 8-K (1.01): On April 2, 2026, Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc., completed the issuance and sale of $1,725 million in aggregate principal amount of 7.250% Senior Notes due 2034 in a private offering. The proceeds from this offering are designated to fund the redemption of existing Senior Notes and cover related fees. The offering involves key parties such as Nexstar Media Inc., Mission Broadcasting, Inc., and Wilmington Trust, National Association, as trustee, and the transaction was executed under the Unsecured Notes Indenture dated April 2, 2026. The Notes serve as senior obligations of the Issuer and its guarantors, maturing on April 15, 2034, with an interest rate of 7.250%, contributing strategic financial flexibility for Nexstar Media Inc. and its affiliates.
- : SEC 8-K (1.01):
- : SEC 8-K (7.01): On March 20, 2026, Nexstar Media Group, Inc. announced its intentions regarding a significant Notes Offering, involving $3,390 million in senior secured notes due 2033 and $1,725 million in senior unsecured notes due 2034. The offering, subject to customary market conditions, is aimed at repaying existing debts and funding acquisitions, including TEGNA Inc. The offering is exclusively for qualified institutional buyers under Rule 144A, ensuring that it remains private and unregistered under the Securities Act, thus allowing for strategic financial maneuvers while addressing existing liquidity needs. The offering indicates Nexstar's ongoing efforts to manage its capital structure effectively and position itself for future growth post-acquisition.
- : SEC 8-K (1.01): On March 19, 2026, NMI entered into a Bridge Loan Credit Agreement, establishing a senior first lien secured bridge facility valued at $2,390 million with Bank of America, N.A. as the administrative agent. This facility will accrue interest at a specified rate and is set to mature one year from the closing date, automatically converting to an extended term facility thereafter. The agreement imposes various restrictions on NMI, including limitations on incurring additional debt, paying dividends, and making acquisitions, which may significantly influence NMI's future financial maneuvers following the recent merger. The entry into this agreement reflects NMI's strategic move to secure funding in light of the merger completion, which occurred on the same date as the agreement.
- : Nexstar to acquire Tegna in major media merger
- : SEC 8-K (8.01): On January 30, 2026, Nexstar Media Group, Inc. announced through a press release that its Board of Directors has declared a quarterly cash dividend of $1.86 per share on its outstanding common stock. This dividend is scheduled to be paid on February 27, 2026, to stockholders who are on record as of February 13, 2026. This action reflects the company's ongoing commitment to returning value to its shareholders and is strategic for maintaining investor confidence. The announcement is documented in Exhibit No. 99.1 attached to the filing.
Leadership
- Mitchell West, Director of Digital Ad Sales
- Tammy Phillips, Vice President Talent Acquisition
- Ray Manis, Videographer
- Dan Roling, Digital Sales Manager
- Perry A. Sook, Chairman
- Dan Lanzano, President
- Samantha Osborne Reynolds, Vice President
- Scott Weaver, Vice President
- Lloyd Bucher, Vice President
Verified email and direct lines for Nexstar Media Group’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Nexstar Media Group files 6 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Nexstar Media Group in the news
- FCC green-lights Nexstar's $6.2B merger with rival TV station owner Tegna - NBC News (Mar 20, 2026)
- F.C.C. Approves Nexstar’s Acquisition of a Local TV Rival - The New York Times (Mar 19, 2026)
- States and DirecTV Tune In to Challenge Nexstar-Tegna Merger - Wilson Sonsini (Mar 26, 2026)
- A $6.2B merger could reshape Houston’s TV news landscape. Here's how - Houston Chronicle (Aug 15, 2026)
- KTLA-TV owner Nexstar violated court order, a federal judge finds - Los Angeles Times (Aug 06, 2026)
- Nexstar Media Group and DAZN Announce Agreement to Televise and Live Stream 15 Indiana Pacers Games for Fans Across Central Indiana - Business Wire (Oct 01, 2026)
- Nexstar Decries $6.2B Tegna Merger Injunction, Calls Out DirecTV & State AGs - Deadline (Jul 08, 2026)
- Federal Communications Commission chair backs Nexstar, Tegna merger - Reuters (Feb 18, 2026)
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About Nexstar Media Group: questions and answers
What does Nexstar Media Group do?
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, program
Where is Nexstar Media Group headquartered?
Nexstar Media Group is headquartered in Irving, Texas, United States.
How many employees does Nexstar Media Group have?
Nexstar Media Group has about 11,086 employees.
Who leads Nexstar Media Group?
Tammy Phillips is a Vice President Talent Acquisition at Nexstar Media Group.
What is the latest news on Nexstar Media Group?
On Aug 03, 2026, SEC 8-K (8.01): On July 31, 2026, Nexstar Media Group, Inc. announced through a press release that its Board of Directors declared a quarterly cash dividend of $1.86 per share on its outstanding common stock. This dividend is scheduled to be payable on August 28, 2026, to stockholders who are on rec
Is Nexstar Media Group a public company?
Yes. Nexstar Media Group is publicly traded under the ticker NXST.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy