About This Deal

Nexstar Media Group acquired The Hill for $130 million, a transaction completed in August 2021, structured as Acquisition.

The Hill operates in Digital, is based in United States. Nexstar acquired The Hill, the nation's leading independent political digital-media platform, with about 48 million average monthly users in 2020. The deal advanced Nexstar's content-first digital strategy alongside its NewsNation cable network.

Diversifies and scales Nexstar's national digital news reach and monetization.

Deal Terms

Acquirer
Nexstar Media Group
Target
The Hill
Value
$130 million
Date
August 2021
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Digital
Structure
Acquisition
Announced
August 20, 2021
Closed
August 20, 2021

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.