Compare · NXST vs TME
NXST vs TME
Side-by-side comparison of Nexstar Media Group Inc. (NXST) and Tencent Music Entertainment Group (TME): market cap, price performance, sector, and recent activity on the wire.
Summary
- NXST operates in Industrials, while TME operates in Consumer Discretionary - the two are in different parts of the market.
- TME is the larger of the two at $13.61B, about 2.7x NXST ($5.07B).
- NXST has been more active in the news (7 items in the past 4 weeks vs 3 for TME).
- TME has more recent analyst coverage (25 ratings vs 12 for NXST).
- Company
- Nexstar Media Group Inc.
- Tencent Music Entertainment Group
- Price
- $164.53-0.09%
- $8.64+0.00%
- Market cap
- $5.07B
- $13.61B
- 1M return
- -
- -
- 1Y return
- -
- -
- Industry
- Broadcasting
- Broadcasting
- Exchange
- NASDAQ
- NYSE
- IPO
- 2003
- 2018
- News (4w)
- 7
- 3
- Recent ratings
- 12
- 25
Nexstar Media Group Inc.
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Latest NXST
- TEGNA Appoints Tim Thomas to Lead WXIA-WATL in Atlanta and WMAZ in Macon
- TEGNA Taps Proven Revenue Leaders for Top Sales Roles
- TEGNA and Disney Entertainment Television Renew ABC Affiliation Agreements in 13 Markets
- TEGNA CEO Patrick Paolini Appoints Three Group General Managers, Rounding Out His Leadership Team
- Nexstar Media Group to Report 2026 Third Quarter Financial Results, Host Conference Call and Webcast on November 5
- Nexstar Media Group and DAZN Announce Agreement to Televise and Live Stream 15 Indiana Pacers Games for Fans Across Central Indiana
- President, Broadcasting Alford Andrew sold $467,743 worth of shares (2,823 units at $165.69), decreasing direct ownership by 19% to 11,726 units (SEC Form 4)
- Nexstar’s Michigan Television Stations to Air Exclusive Live Debates Between Candidates for Governor and U.S. Senate
- Sinclair and Nexstar Partner to Increase Awareness of NextGenTV
- New Mexico State at Florida State Delivers the CW’s Most-Watched Sports Broadcast in Network History
Latest TME
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group to Report Third Quarter 2026 Financial Results on November 17, 2026
- Group Vice President Pan Tsai-Chun exercised 155,320 units of American Depositary Shares at a strike of $3.86, increasing direct ownership by 4% to 4,236,706 units (SEC Form 4)
- SEC Form 6-K filed by Tencent Music Entertainment Group
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering
- BIGBANG 2026-2027 WORLD TOUR < XX: COSMOS > IN HONG KONG Officially Announced
- SEC Form 6-K filed by Tencent Music Entertainment Group
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group Announces Pricing of US$1,000 Million Notes Offering