Who's behind the news?
Who's behind the news?
1.5.2
Newsjunkie.net is a resource guide for journalists. We show who's behind the news, and provide tools to help navigate the modern business of information.
Use of DataNexstar Media Group, Inc. is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local broadcasting group comprised of top network affiliates, with more than 200 owned or partner stations in 116 U.S. markets reaching 220 million people.
At A Glance
201 - Total Stations
70% - U.S. Household Reach
$4.93 billion - 2023 Net Revenue
140 - Local Websites
278 - Local Mobile Apps
116 - Television Markets” from Nextar website
“Broadcaster Nexstar Media said Friday it’s buying The Hill, a leading purveyor of Beltway news, for $130 million as it expands in digital content.
The Hill had 48 million average monthly users and 2.2 billion total pageviews in 2020 according to Comscore and attracted more than 4 million followers and 914 million video views on Twitter.
(The Hill) has more than 100 journalists covering political news and events. It is ad-supported. The deal is the latest in a consolidation in the digital media space that has been marked by acquisitions, the latest being Buzzfeed’s merger with a SPAC and purchase of Complex Networks.” from Deadline
Nexstar Media Group, Inc. (as of 02162025) | |||
Name | Equities | % | Valuation |
Vanguard Fiduciary Trust Co. | 3,110,185 | 10.03 % | 477 M $ |
BlackRock Advisors LLC | 2,642,156 | 8.517 % | 405 M $ |
1,650,650 | 5.321 % | 253 M $ | |
LB Hercules Holdings LLC | 1,484,299 | 4.785 % | 227 M $ |
DFA Australia Ltd. | 1,261,565 | 4.067 % | 193 M $ |
