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TV Station owners ranked by Revenue for 2020 according to this study


According to this release for 2020 Nexstar ranked 1st for total revenue. Interestingly the Network O&O's are ranked 5-8 on this list this may be due to the O&O's being confined to larger DMA's on average. Since the data is from 2020 some of this could also be attributed to advertising especially whenever battleground states are discussed.

GroupMarketsTotal CoverageFCC CoverageRetrans RevAd RevTotal Rev
1. Nexstar11668%39%$1.53B$2.09B$3.62B
2. Gray11336%25%$1.30B$2.00B$3.30B
3. Sinclair11643%25%$1.50B$1.28B$3.20B
4. Tegna5139%32%$1.30B$1.58B$2.88B
5. Fox1839%26%$1.63B$1.40B$2.57B
6. CBS1839%22%$973M$1.34B$2.31B
7. NBCU3038%22%$828M$1.22B$2.05B
8. ABC|Disney822%19%$609M$908M$1.52B
 
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