NextMedia Group was an out-of-home media company headquartered in Greenwood Village, Colorado. NextMedia owned and operated 33 AM and FM stations, 5,700 outdoor advertising display across several regions and markets, as well as an interactive division.

NextMedia Group was established in 1999, and began acquiring stations a year later, notably from Pinnacle Broadcasting.

The company failed to offer shares to investors in 2003, and stopped reporting its quarterly financial reports to the Securities and Exchange Commission during the third quarter of 2003, at which time it reported a long term debt obligation of some $300 million; $200 million of long term debt was refinanced in 2006.

On January 1, 2004, NextMedia acquired outdoor displays in the Myrtle Beach, SC region from Clear Channel Outdoor in an asset exchange.

In July 2004, NextMedia Group purchased the Wilmington, NC stations WRQR, WAZO, and WMFD from Ocean Broadcasting, and WKXB and WSFM from Sea-Comm Inc.

Co-founder of the Company, Carl Hirsch, left in 2007 to become a founding partner of GoodRadio LLC based in West Palm Beach, FL. NextMedia Group was then owned by several private equity firms.

In 2008, NextMedia Group announced to sell Wilmington, NC stations to Capitol Broadcasting Company.

NextMedia Group filed for Chapter 11 bankruptcy protection on December 21, 2009, which transfers 95% of equity in the company to second-lien holders.