Nexstar Media Group, Inc. Common Stock (NXST)
TELEVISION BROADCASTING STATIONS
- Headquarters
- United States
- Employees
- 12,832
- Market Cap
- $5.9B
About Nexstar Media Group, Inc. Common Stock
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
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