NXST Stock Quote
Company Report
Nexstar Media Group, Inc. is a prominent player in the television broadcasting and digital media sectors, focusing on acquiring, developing, and operating television stations, interactive community websites, and digital media services across the United States. The company's core mission revolves around providing compelling free programming to television audiences, catering to diverse viewing preferences. As of December 31, 2020, Nexstar Media Group managed a portfolio that included 198 television stations, both owned and operated, as well as those serviced through local service agreements with independent third parties, encompassing major networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV.
In addition to its television station operations, Nexstar Media Group excels in digital media and advertising platforms, delivering targeted video and display advertising solutions locally and nationally through its proprietary and third-party websites and mobile applications. The company's strategic assets also include WGN America, a national cable network renowned for its diverse general entertainment programming. This multifaceted approach allows Nexstar Media Group to effectively engage audiences across multiple platforms while maximizing advertising revenue.
Founded in 1996 and headquartered in Irving, Texas, Nexstar Media Group was formerly known as Nexstar Broadcasting Group, Inc. before rebranding in January 2017. With a strong commitment to innovation and audience engagement, the company continues to expand its footprint in the media landscape, leveraging its extensive network and digital capabilities to deliver high-quality content and advertising solutions to viewers and advertisers alike.
NXST EPS Chart
NXST Revenue Chart