Nexstar Media Group operates the largest portfolio of local television stations in the United States, owning 197 stations affiliated with networks such as CBS, Fox, NBC, and ABC. It earns revenue from selling advertising time and from retransmission fees paid by cable and satellite providers, and it also owns digital assets like The Hill and NewsNation, a national news channel. The company combines a broad local TV reach with digital media expansion to monetize both TV and online audiences. Its goal is to provide broad access to news and entertainment across local markets while growing its digital footprint and sustaining revenue through multiple streams.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1996
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