Nexstar Media Group Inc - Company Profile
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Nexstar Media Group Inc (Nexstar) is a television broadcasting and digital media company. It acquires, develops and operates television stations and interactive community websites, and provides digital media services. The company owns, operates, programs or provides sales and other services to television stations. Nexstar's portfolio includes network affiliates such as ABC, NBC, MNTV, CBS, Fox, The CW, and multicast affiliates Telemundo, Bounce TV and others. Through its digital publishing and content management platform, it provides video and social media advertising and other digital media solutions to media publishers, advertisers, agencies and brands. It also retransmits its station signals by cable, satellite, and other multichannel video programming distributors and sell commercial airtime, websites, and other advertising spaces to local and national advertisers. Nexstar is headquartered in Irving, Texas, the US.
Nexstar Media Group Inc premium industry data and analytics
Products and Services
Services |
---|
Acquisition of Television Stations |
Development of Television Stations |
Operation of Television Stations |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company entered into a partnership with KAZT-TV to offer programming and other services. |
2024 | Contracts/Agreements | In January, the company and FuboTV entered into a new comprehensive multi-year distribution agreement for covering 89 Nexstar-owned local TV stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, including 37 CW Network affiliates, 25 MyNetworkTV affiliates, 23 ABC affiliates, and four independent television stations. |
2024 | Contracts/Agreements | In January, the company entered into a partnership with Comscore, Inc. offering crucial metrics across its local TV, broadcast, network, and digital businesses. |
Competitor Comparison
Key Parameters | Nexstar Media Group Inc | Fox Corp | News Corp | IAC Inc | Gray Television Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Irving | New York | New York | New York | Atlanta |
State/Province | Texas | New York | New York | New York | Georgia |
No. of Employees | 11,877 | 10,400 | 25,000 | 9,500 | 9,374 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Perry A. Sook | Chief Executive Officer; Chairman | Executive Board | 1996 | 65 |
Lee Ann Gliha | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 48 |
Michael Bird | Chief Operating Officer; President | Senior Management | 2023 | - |
Brett E. Jenkins | Chief Technology Officer; Executive Vice President | Senior Management | 2018 | 52 |
Gary Weitman | Chief Communications Officer; Executive Vice President | Senior Management | 2019 | 66 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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