Nexstar Media Group

Nexstar Media Group, Inc. is an American publicly traded media company with headquarter offices in Irving, Texas; Midtown Manhattan; and Chicago, Illinois. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliates 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,[2][3] and operates major TV network The CW through a 75% 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% stake in Television Food Network G.P.).

Nexstar Media Group, Inc.
FormerlyNexstar Broadcasting Group, Inc. (1996–2017)
IndustryMedia (television stations)
PredecessorsQuorum Broadcasting
Newport Television
Grant Broadcasting
Communications Corporation of America
Media General
West Virginia Media Holdings
Tribune Broadcasting
Tribune Media
FoundedJune 17, 1996; 26 years ago (1996-06-17)
FounderPerry A. Sook
Irving, Texas, U.S. (Corporate)
New York City (Operational)
Area served
United States (nationwide)
Key people
Perry A. Sook
(Chairman & CEO)
Tom Carter
(President & COO)
Lee Ann Gliha
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)
OwnerJohn Muse (largest insider shareholder)
Public (controlling)
Number of employees
11,086 (2020)
DivisionsNexstar Broadcasting
Nexstar Digital
The CW (75%)
Footnotes / references

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