## Overview Nexstar Media Group, Inc. is the largest local television broadcasting and digital media company in the United States, producing and distributing local and national news, sports, and entertainment content across television and digital platforms[1][2]. Headquartered in Irving, Texas, with additional offices in Manhattan and Chicago, Nexstar owns or partners with more than 200 television stations in 116 U.S. markets, reaching approximately 220 million people—about 70% of U.S. television households[1][2][4]. Its portfolio includes top network affiliates, the national cable news network NewsNation, The CW (America’s fifth major broadcast network), and popular multicast networks Antenna TV and Rewind TV[1]. Nexstar also holds a 31.3% stake in TV Food Network and operates a robust digital ecosystem, including local station websites, The Hill, and NewsNationNow.com, collectively ranking among the top 10 U.S. digital news properties[1]. ## History and Growth Nexstar was founded in 1996 by Perry A. Sook, who began with the acquisition of WYOU in Scranton, Pennsylvania[3][4]. Over the past 25+ years, the company has grown from a single station to a national powerhouse through a series of strategic acquisitions and mergers, including the purchases of Quorum Broadcasting and Media General’s stations, the latter of which doubled Nexstar’s footprint in 2016[3]. The company went public in 2003 and has consistently expanded its reach, investing in both broadcast and digital innovations to stay ahead in a rapidly changing media landscape[3][4]. Nexstar was also a pioneer in negotiating retransmission fees from pay-TV providers, a practice that has since become a major revenue stream for local broadcasters[3]. ## Key Achievements and Innovations Nexstar’s growth is marked by its commitment to localism, professional excellence, and technological innovation