Nexstar Media Group Reports First Quarter Results
Closed acquisition of TEGNA Inc. on March 19, 2026, following FCC and DOJ regulatory approvals
Transaction positions Nexstar to compete more aggressively with Big Tech and legacy media conglomerates ensuring the preservation of high-quality local journalism and a diversity of viewpoints – upholding the standard Nexstar has set in every prior transaction
Achieved record first quarter net revenue
Returned $56 million to shareholders in dividends in Q1 2026 and repaid $182 million of debt through April 30