Nexstar Media Group, Inc. is a diversified media conglomerate that primarily operates in the television broadcasting and digital media sectors. Founded in 1996, the company has grown through strategic acquisitions, including the purchases of Media General and Tribune Media, to become the largest local television broadcaster in the United States. Nexstar's portfolio includes over 200 owned or partner stations affiliated with major networks like CBS, FOX, NBC, and ABC. Beyond local broadcasting, the company owns a controlling interest in The CW Network, operates the national news network NewsNation, and manages multicast networks such as Antenna TV and Rewind TV. It also holds a 31.3% stake in the TV Food Network and operates digital properties like The Hill. The company generates revenue primarily through retransmission consent fees from pay-TV providers and advertising sales across its linear and digital platforms.
