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Nexstar Media Group, Inc.
161.60
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Overview

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Description

Nexstar Media Group, Inc. is a leading diversified media company specializing in television broadcasting and digital media services. The firm owns and operates more than 200 television stations across 116 markets in the United States, making it the largest local TV operator in the country. Nexstar’s portfolio includes prominent network affiliates such as ABC, NBC, CBS, and The CW, as well as national properties like NewsNation—a major cable news network—and a significant stake in TV Food Network. Nexstar’s business model centers on producing and distributing local and national news, sports, and entertainment content, complemented by robust digital platforms such as interactive websites, mobile applications, and over-the-top (OTT) channels. These digital assets position Nexstar among the Top 10 U.S. digital news and information providers. The company also supports media publishers and advertisers with advanced digital publishing and advertising solutions. Its strong earnings profile, consistent cash generation, and prominent market presence underscore its significance in the U.S. media landscape. Founded in 1996 and headquartered in Irving, Texas, Nexstar Media Group continues to expand its reach through strategic acquisitions and innovative media offerings.

About

CEO
Mr. Perry A. Sook
Employees
11773
Address
545 East John Carpenter Freeway
Suite 700
Irving, 75062, TX
United States
Phone
(972) 373-8800
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Broadcasting
Country
Italy
MIC code
XMIL
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