Nexstar Media Inc. Jobs

Nexstar Media Group Inc is a publicly traded equity company in the USA market. The current share price is 189.87 USD, with a slight change of -1.88 USD (-0.01%) from the previous close. The latest trade occurred on Thursday, July 24, at 17:15:00 PDT.

Nexstar Media Group, Inc. is a leading diversified media company focused on producing and distributing engaging local and national news, sports, and entertainment content. It generates over 316,000 hours of programming annually.

The company owns America's largest local television broadcasting group, which includes more than 200 owned or partner stations across 116 U.S. markets, reaching approximately 220 million people.

National Television Properties

Nexstar's national TV portfolio includes:

• The CW, America's fifth major broadcast network
• NewsNation, a national news network providing "News for All Americans"
• Entertainment multicast networks Antenna TV and Rewind TV
• A 31.3% ownership stake in the TV Food Network

Its digital assets include local TV station websites, The Hill, and NewsNationNow.com. Collectively, these rank among the top 10 U.S. digital news and information properties.

Headquarters and Offices

Headquartered in Irving, Texas, Nexstar's corporate offices are located at 545 East John Carpenter Freeway, Suite 700.

Operational offices are also maintained in New York City and Chicago.

In addition to these, the company has a key office in Rockford, IL, USA.

Localism and Reach

Nexstar emphasizes localism through its extensive network of television stations and digital platforms. It reaches more than 70% of U.S. television households.

This allows local businesses, advertisers, and brands to connect with consumers via premium local multi-platform marketing opportunities.

Recent Acquisitions

In August 2021, Nexstar acquired political news website The Hill for $130 million.

In August 2022, the company signed a definitive agreement to acquire a 75% ownership stake in The CW network, with Paramount and Warner Bros. Discovery each retaining 12.5% ownership. This acquisition was completed on October 3, 2022.

Overview

Through strategic acquisitions and a strong commitment to localism, Nexstar Media Group, Inc. continues to be a prominent media industry player, providing diverse and engaging content across the United States.