Nexstar Media Group Inc - Company Profile
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Business Description
Nexstar Media Group Inc (Nexstar) is a diversified media company operating across television broadcasting, television networks, and digital media in the US. The company produces and distributes local and national news, sports, and entertainment content across its television and digital platforms, with its business units producing more than 317,000 hours of programming annually. Nexstar generates revenue through the sale of advertising across its television stations, networks, websites, applications, and digital platforms, as well as through distribution fees received for the retransmission of station signals and carriage of its networks by cable, satellite, virtual multichannel video programming distributors (vMVPDs), and other over-the-top distribution platforms.
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Business Segments
Overview
Includes television stations and related local websites that Nexstar owns, operates, programs, or provides sales and other services to across various markets in the US. Includes NewsNation, a national cable news network; Antenna TV and REWIND TV, its owned-and-operated multicast networks; other multicast network services; and WGN-AM, a Chicago radio station. Generates revenue through local and national advertising, distribution fees, and digital media activities associated with its broadcast operations.
Performance
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Overview
Includes corporate functions and the management of certain real estate assets.
Performance
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Other Break-up
Performance
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Performance
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Performance
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