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Nexstar Media Group, Inc.

Telecommunications & MediaUS(United States)

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Business profile

Nexstar Media Group, Inc. is a leading diversified media company that plays a pivotal role in delivering local and national news, sports, and entertainment content across television and digital platforms throughout the United States. The company's extensive portfolio includes the ownership, operation, and provision of sales and services for a vast network of television and radio stations, alongside offering comprehensive television programming services. Nexstar's business model is built on a multi-platform approach, extending its reach through video and display advertising on its proprietary websites, mobile applications, and over-the-top (OTT) services, as well as through various third-party channels. It also provides sophisticated digital media solutions tailored for both media publishers and advertisers, and operates a prominent consumer product reviews platform. A key component of its national presence is NewsNation, a dedicated cable news network, complemented by the iconic WGN-AM radio station in Chicago and a suite of digital multicast networks. Nexstar's digital footprint is further strengthened by its local news websites, mobile and connected TV applications, and partnerships that include free ad-supported television channels from The CW and The Hill, alongside its robust advertising solutions. The company also strategically manages real estate assets, including its office and production facilities. Affiliated with major broadcast networks such as ABC, NBC, FOX, and CBS, Nexstar leverages its broad reach and diverse content offerings to serve a wide array of audiences and advertisers.