Nexstar Media Group Reports Record $2 Billion Quarterly Revenue on TEGNA Growth
Nexstar Media Group (NASDAQ: NXST) announced a record Q2 net revenue of $1.99 billion, driven by its acquisition of TEGNA, increased political advertising, and growth in broadcast and streaming. Net revenue surged 62.2% year-over-year, with adjusted EBITDA rising 62.7% to $633 million. The company …