(NXST) Nexstar Broadcasting - Ratings and Ratios

Nexstar Media Group, Inc. is a leading U.S.-based media conglomerate specializing in the production, distribution, and monetization of local and national content across television and digital platforms. The company operates a vast network of owned, operated, or affiliated television and radio stations, leveraging its scale to deliver targeted advertising solutions and diverse programming. Its portfolio includes news, sports, and entertainment content, distributed through traditional broadcast channels and digital platforms such as websites, mobile apps, and connected TV applications. Nexstar owns NewsNation, a 24/7 national cable news network, and WGN-AM, a prominent Chicago-based radio station. Additionally, the company operates digital multicast networks and offers consumer product reviews through BestReviews, while providing advertising solutions to publishers and advertisers. Its digital assets also include free-ad-supported TV channels like The CW and The Hill. Nexstar manages a range of broadcast affiliations, including ABC, NBC, FOX, CBS, and The CW. The company, rebranded from Nexstar Broadcasting Group, Inc. in 2017, has expanded its operations to include real estate management and digital businesses. Founded in 1996, Nexstar Media Group is headquartered in Irving, Texas.

Nexstar Media Group, Inc. operates at the intersection of traditional media and digital innovation, with a focus on maximizing revenue through advertising, content distribution, and digital solutions. The companys extensive reach is supported by its ownership of over 200 television stations and a growing portfolio of digital platforms. Its ability to deliver localized content while scaling national distribution positions it as a key player in the evolving media landscape. Nexstars acquisition strategy has historically focused on consolidating broadcast assets, enabling cost efficiencies and expanded audience reach. The companys digital transformation initiatives, including investments in over-the-top (OTT) platforms and connected TV, highlight its commitment to adapting to shifting consumer preferences. Nexstars financial performance is further bolstered by its ownership of The CW, a joint venture with Paramount Global and Warner Bros. Discovery, as well as its growing e-commerce and product review platforms.