Nexstar Media Group

Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliated with the four "major" U.S. television networks and MyNetworkTV. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements, and operates major TV network the CW through a 75-percent majority stake, two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31-percent stake in Television Food Network G.P.).

Nexstar Media Group, Inc.
FormerlyNexstar Broadcasting Group, Inc. (1996–2017)
Company typePublic
IndustryMedia (television stations)
Predecessors
FoundedJune 17, 1996 (1996-06-17)
FounderPerry A. Sook
Headquarters
Area served
United States (nationwide)
Key people
ServicesBroadcasting
Revenue US$4.5 billion (2020)
US$1.375 billion (2020)
US$808.06 million (2020)
Total assets US$2.97 billion (2016)
Total equity US$284.35 million (2016)
Owner
  • John Muse (largest insider shareholder)
  • Public (controlling)
Number of employees
11,086 (2020)
Divisions
Websitenexstar.tv
Footnotes / references
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