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Nexstar Media Group

NXSTleader

Nexstar is the largest US local TV broadcaster (200 markets), generating ~50% of revenue from durable retransmission consent fees, and owns the NewsNation national cable news network.

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Products & Revenue

Product Revenue Share

Revenue Breakdown ($5.02B)

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Core Advertising (40%)
Retransmission Fees (46%)
Digital & Other (14%)

Segment Breakdown & Key Customers

Product Details

Local TV Stations (200 markets)62%

Largest US local TV broadcaster — 200 owned/operated stations reaching 68% of US TV households.

NewsNation (National Cable Network)15%

National news cable channel repositioned from WGN America — competing with CNN and MSNBC.

Retransmission Consent Fees23%

Fees paid by cable/satellite/vMVPD providers to carry Nexstar's local stations — recurring, contract-based revenue.

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Company Info

Headquarters

Irving, Texas, USA

Founded

1996

Employees

13,000

Website

nexstar.tv