NXST - Nexstar Broadcasting Group Inc.

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NXST Profile

Nexstar Media Group, Inc., a prominent player in television broadcasting and digital media, specializes in acquiring, developing, and operating television stations across the United States. Alongside this, the company manages interactive community websites and digital media services, providing free programming to television audiences nationwide. By the end of 2020, Nexstar Media Group extended its influence through local service agreements with 37 power television stations owned by independent third parties and directly owned, operated, or provided programming and sales services to 198 television stations.

In addition to its television operations, Nexstar Media Group excels in digital advertising, offering robust video and display advertising platforms. These platforms facilitate localized or nationwide advertising campaigns through its proprietary websites, mobile applications, and partnerships with third-party platforms. Notably, the company owns WGN America, a significant national cable network renowned for its general entertainment content.

Nexstar Media Group's portfolio includes stations affiliated with major broadcast networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV, enhancing its role in delivering diverse programming to viewers across the country. Formerly known as Nexstar Broadcasting Group, Inc., the company rebranded to Nexstar Media Group, Inc. in January 2017. Founded in 1996 and headquartered in Irving, Texas, Nexstar Media Group continues to expand its footprint in the media industry, leveraging its strategic acquisitions and comprehensive service offerings to maintain its leadership position.

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