Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is America's largest local television broadcasting company, producing and distributing local and national news, sports and entertainment programming across owned and partner stations and digital properties. Founded in 1996 with a single station in Scranton, Pennsylvania, the company now produces over 317,000 hours of programming a year and employs more than 13,000 professionals across the United States.

The company's portfolio spans broadcast networks, national news and digital properties. It includes The CW Network, described as America's fifth major broadcast network; NewsNation, a national news network; the digital properties NewsNationNow.com and The Hill; and the multicast networks Antenna TV and Rewind TV. Nexstar's local station websites, NewsNationNow.com and The Hill collectively rank among the Top 10 U.S. digital news and information platforms. Nexstar also holds a 31.3% stake in TV Food Network.

By scale, Nexstar reaches 70% of U.S. television households and 220 million people in 116 markets through more than 200 owned or partner stations. Net revenue for 2024 was $5.41 billion. Technical work spans television broadcasting and distribution, digital news media, multi-platform content distribution, retransmission consent business models, and advertising and marketing platforms - the company having pioneered retransmission consent fees in 2005.

Stated priorities include localism, fact-based journalism, community service and the delivery of premium local content, alongside growth through strategic acquisitions and innovation.