Company Name | Nexstar Broadcasting Group |
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Website | https://www.nexstar.tv |
Snippet | Nexstar Media Group, Inc. is America’s largest local television and media company with 199 full power stations (including partner stations) in 116 markets addressing more than 68% of U.S. television households and a growing digital media operation. |
Type | Public |
Owner | John Muse (largest insider shareholder)Public (controlling) |
Founded | 1996 |
Founder | Perry A. Sook |
Revenue | US$4.5 billion (2020) |
Website | nexstar.tv |
Formerly | Nexstar Broadcasting Group, Inc. (1996–2017) |
Industry | Broadcast media, Telecommunications, Mass media |
Products | Television, radio, television production, Television stations |
Divisions | Nexstar BroadcastingNexstar Digital |
Traded as | Nasdaq: NXST (Class A)Russell 2000 Component |
Key people | Perry A. Sook(Chairman, President & CEO)Thomas E. Carter(CFO) |
Net income | US$808.06 million (2020) |
Area served | United States (Nationwide) |
Headquarters | Irving, Texas, U.S. |
Predecessors | Quorum BroadcastingNewport TelevisionGrant BroadcastingCommunications Corporation of AmericaMedia GeneralWest Virginia Media HoldingsTribune BroadcastingTribune Media |
Total assets | US$2.97 billion (2016) |
Total equity | US$284.35 million (2016) |
Operating income | US$1.375 billion (2020) |
Number of employees | 4,527 (2016) |
Nexstar Broadcasting Group is part of the United States company list
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