Nexstar Media Group
1996
FOUNDED
PUBLIC
STATUS
5K-10K
EMPLOYEES
NXST
STOCK SYMBOL
38
INVESTMENTS
$108.21
SHARE PRICE
(As of Thursday Closing)
Description
Nexstar Media Group Inc, formally known as Nexstar Broadcasting Group Inc prior to the acquisition of Modern Times Group MTG AB, is a television broadcasting company. The firm is divided into two segments: broadcasting and other. The broadcast group develops and operates television stations across the United States. The vast majority of Nexstar's stations are affiliates of national television networks that include ABC, CBS, Fox, and NBC. The broadcasting segment also generates revenue in the digital media platform through the streaming of its content. Nexstar generates the majority of its revenue within the United States.
Website
Formerly Known As
Nexstar Broadcasting Group
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Broadcasting, Radio and Television
Stock Exchange
NAS
Primary Office
- 545 East John Carpenter Freeway
- Suite 700
- Irving, TX 75062
- United States
+1 (972) 000-0000
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Nexstar Media Group Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $70.53 - $119.93 | $4.99B | $106.93 | $5.90 | 430K | 46.1M |
Nexstar Media Group Financials Summary
|
In Thousands,
USD |
TTM
30-Sep-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 8,526,993 | 7,686,659 | 7,826,968 | 4,377,664 |
| Revenue | 2,737,256 | 2,766,696 | 2,431,966 | 1,103,190 |
| EBITDA | 1,001,066 | 1,074,476 | 805,645 | 407,086 |
| Net Income | 270,156 | 389,477 | 474,997 | 91,537 |
| Total Assets | 14,103,375 | 7,062,030 | 7,481,647 | 2,966,085 |
| Total Debt | 8,774,475 | 3,981,003 | 4,362,460 | 2,342,419 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Nexstar Media Group Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookNexstar Media Group Competitors (6)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sinclair Broadcast Group | Corporation | Hunt Valley, MD | 0000 | 00.00 | 000000000 | 00.00 |
| 00000000 000000000 | Formerly PE-Backed | Bala Cynwyd, PA | 0000 | 00000 | 000000000 | 00000 |
| 0000 0000000000 | Corporation | Atlanta, GA | 0000 | 00.00 | 000000000 | 00.00 |
| 000000000 | Corporation | New York, NY | 00000 | 00000000 | ||
| 00000000000 | Formerly PE-Backed | San Antonio, TX | 00000 | 00.000 | 0000 |
Nexstar Media Group Investments & Acquisitions (38)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000 0000000000 000 | 05-Nov-2019 | 000000000 00000 00 | 0000 | Buildings and Property | 00000 0000 |
| 0000000 00000 | 19-Sep-2019 | 000000000000000000 | 00.00 | Broadcasting, Radio and Television | 00000 0000 |
| 000 0 0000 | 01-Aug-2018 | 000000000 00000 00 | 000.00 | Buildings and Property | 000 0000000 |
| 0000 000000000000 | 07-Dec-2017 | 000000000000000000 | 0000 | Social/Platform Software | 00000 0000 |
| WLWC-TV | 02-Oct-2017 | Corporate Asset Purchase | 00.00 | Broadcasting, Radio and Television | 0000000 00000 |
Nexstar Media Group Exits (4)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000 0000000000 | 13-Jun-2014 | 000000000 00000 00 | Completed |
|
|
| 0000-00 | 01-May-2009 | 000000000 00000 00 | 000.00 | Completed |
|
| 0000-00 | 31-Dec-2003 | 000000000000000000 | Completed |
|
|
| eScout.com | 30-Oct-2000 | Early Stage VC | 0000 | Completed |
|
Nexstar Media Group Subsidiaries (13)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Kixer | Media and Information Services (B2B) | Burbank, CA | 2014 |
| 0000 000000000000 | Social/Platform Software | Foothill Ranch, CA | 0000 |
| 00000 | Media and Information Services (B2B) | Toms River, NJ | 0000 |
| 0000000.000 | Social/Platform Software | Saint George, UT | 0000 |
| 0000-00 | Broadcasting, Radio and Television | Little Rock, AR | 0000 |
Nexstar Media Group Executive Team (19)
8 Former Executives
You’re viewing 5 of 19 executives. Get the full list »Nexstar Media Group Board Members (11)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000000 000000000 | Nexstar Media Group | Board Member | 000 0000 | |
| 000 00000000 | Self | Board Member | 000 0000 | |
| 0000 0000 | Self | Board Member | 000 0000 | |
| 0000000 000000 | Self | Board Member | 000 0000 | |
| 000000 00000000 | Self | Board Member | 000 0000 |
5 Former Board Members
You’re viewing 5 of 11 board members. Get the full list »