Nexstar Media Group, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Perry A. Sook
- Full Time Employees
- 11,773
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- 545 East John Carpenter Freeway Irving TX United States of America 75062
- IPO Date
- Nov 25, 2003
- CIK
- 0001142417
- Website
- nexstar.tv
- Similar Companies
- Business
- Nexstar Media Group, Inc. Nexstar Media Group, Inc. (NASDAQ: NXST) operates as the largest local television broadcasting group in the United States, owning or partnering with more than 200 stations in 116 markets that reach 220 million people or 70% of U.S. television households; it produces and distributes over 316,000 hours annually of local and national news, sports, and entertainment content across television and digital platforms. Core offerings encompass top network affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast networks; national properties including full ownership of The CW, NewsNation national cable news network, entertainment multicast networks Antenna TV and Rewind TV, a 31.3% stake in TV Food Network, and WGN-AM radio in Chicago; digital assets such as 138 local websites, 229 mobile apps, NewsNationNow.com, The Hill, connected TV apps, free ad-supported TV channels, BestReviews consumer product reviews platform, and video/display advertising solutions including native advertising, social media, and ad operations. The company, founded in 1996 and headquartered in Irving, Texas, with additional offices in Manhattan and Chicago, employs over 13,000 people and targets local viewers, advertisers, and businesses through multi-platform marketing in the U.S. Nexstar pursues geographic expansion and operational enhancements, including a definitive agreement announced in August 2025 to acquire TEGNA Inc. TEGNA Inc. for $6.2 billion in cash to boost presence in key markets like Atlanta, Phoenix, Seattle, and Minneapolis, with TEGNA shareholder approval in November 2025 pending regulatory consent; recent moves also feature expansion of WDVM-TV reach to 700,000 additional Washington, D.C.-area households and leadership appointments such as Adam VerCammen as Senior Vice President of Revenue for The Hill.
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