Nexstar Media Group, Inc. is the largest local television broadcasting group in the United States. Founded in 1996 by Perry A. Sook, the company owns more than 200 television stations across 116 U.S. markets, reaching about 220 million people. Nexstar operates top network affiliates including ABC, CBS, NBC, and Fox, and owns a 75% stake in The CW Network. Besides traditional TV, Nexstar also owns digital media properties like NewsNation, The Hill, and multicast networks such as Antenna TV and Rewind TV. The company is headquartered in Irving, Texas, with additional offices in Manhattan and Chicago.
Nexstar has grown through multiple acquisitions, including its significant purchase of Tribune Media in 2019, making it the largest local broadcaster and digital media company in the U.S. It is publicly traded on NASDAQ under the ticker NXST and has a broad impact on local news, sports, and entertainment programming.