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Nexstar Media Group

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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Nexstar 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
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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
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Nexstar Media Group Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 0000000000 13-Jun-2014 000000000 00000 00 Completed
  • 0000000 00000 0000
0000-00 01-May-2009 000000000 00000 00 000.00 Completed
  • 0000000 00000 0000
0000-00 31-Dec-2003 000000000000000000 Completed
  • 0000000 00000 0000
eScout.com 30-Oct-2000 Early Stage VC 0000 Completed
  • 13 buyers
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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
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Nexstar Media Group Executive Team (19)

Name Title Board
Seat
Contact
Info
Perry Sook Chief Executive Officer & Chairman
Gregory Raifman President
Timothy Busch President
Thomas Carter Chief Financial Officer & Chief Accounting Officer
Brian Jones Chief Operating Officer & Executive Vice President

8 Former Executives

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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

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