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Nexstar Media Group, Inc
- Following its $7.1 billion acquisition of Tribune Media in 2019 and the $4.6 billion acquisition of Media General in 2017, Nexstar Media Group, Inc., became the largest local broadcast television operator in the United States, with more than 200 stations reaching 117 markets, reaching more than 220 million people, with annual revenue of nearly $5 billion.
www.nexstar.tv › board-of-directors
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On November 5, 2019, it was announced that Nexstar would acquire Fox Television Stations-owned WJZY and MyNetworkTV outlet WMYT-TV in Charlotte, North Carolina for $45 million.
The company owns NewsNation, the fastest-growing national cable news network in prime time, a 75% controlling interest in The CW Network, and 31% of The Food Network.
Nexstar owns, operates, programs or provides sales and other services to over 200 broadcast stations (including partner stations) and their related low power and digital multicast signals reaching 117 markets or more than 68% of all U.S. television households.
Upon completion of its acquisition of Tribune Media in 2019, Nexstar became the largest local television broadcast and digital media company in the nation. Nexstar now has a portfolio of over 200 owned or partner broadcast stations in 117 markets reaching 212 million people.
Aug 20, 2021 · The local television behemoth Nexstar Media Group announced Friday that it had acquired The Hill, a Beltway political news website, for $130 million.
1 day ago · Business Summary. Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms.
Nexstar Media Group (NASDAQ: NXST) is owned by 98.00% institutional shareholders, 28.71% Nexstar Media Group insiders, and 0.00% retail investors. Perry A. Sook is the largest individual Nexstar Media Group shareholder, owning 7.80M shares representing 23.77% of the company.
