Nexstar Media Group (NASDAQ:NXST) reported record second-quarter results as revenue nearly reached $2 billion, aided by its acquisition of TEGNA, political advertising growth and higher distribution revenue. Political advertising and distribution revenue drove the increase, partly offset by lower non-political advertising. Advertising revenue increased 81.5% to $862 million, including $331 million from TEGNA and a $75 million increase in political advertising at legacy Nexstar. Non-political advertising declined 5.8% on a combined basis, reflecting political advertising crowd-out, competitive pressures and economic softness. About Nexstar Media Group (NASDAQ:NXST)Nexstar Media Group, Inc is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks.