what is nexstar

Nexstar Media Group is the largest local television broadcasting group in the United States. It owns or partners with more than 200 TV stations across 116 U.S. markets, reaching about 220 million people, or roughly 70% of U.S. television households. Nexstar operates a diverse media portfolio that includes major network affiliates, the CW network (with a 75% ownership stake), the news outlet NewsNation, the political news site The Hill, and classic TV multicast networks like Antenna TV and Rewind TV. The company produces a significant amount of local and national news, sports, and entertainment programming, with over 316,000 hours annually. It has grown substantially through acquisitions such as the recent $6.2 billion deal to acquire Tegna, expanding its presence in key markets and increasing opportunities for political advertising revenue. Nexstar is headquartered in Irving, Texas, with additional offices in Manhattan and Chicago.