Nexstar Media Group, INC.: insider trades · United States · SEC (Form 4)

About Nexstar Media Group, INC.

Nexstar Media Group, Inc. (NYSE/NASDAQ: NXST) is a major U.S. media company focused on producing and distributing local and national news, sports, and entertainment across television, streaming, digital, and mobile platforms. Headquartered in Irving, Texas, United States, the company was founded in 1996 by Perry Sook, who started with a single local station in Scranton, Pennsylvania. Over the following decades, Nexstar built a scaled broadcasting platform and became the largest local television operator in the country. ([nexstar.tv](https://www.nexstar.tv/company-?utm_source=openai)) Nexstar’s operating model combines local television stations, digital properties, and national brands. Its portfolio includes more than 200 owned or partner stations across 116 U.S. markets, reaching more than 220 million people and approximately 70% of U.S. television households. The company also produces over 300,000 hours of programming annually and operates a meaningful digital ecosystem through local station websites, The Hill, and NewsNationNow.com. On the national side, Nexstar owns or has interests in The CW, NewsNation, Antenna TV, Rewind TV, and a stake in TV Food Network. This mix gives the company both local market depth and national distribution scale, which is important in a media industry where audience fragmentation and advertiser demands favor large, multi-platform operators. ([nexstar.tv](https://www.nexstar.tv/company-?utm_source=openai)) From a competitive standpoint, Nexstar benefits from a broad station footprint, strong affiliate relationships, and an ability to monetize content across multiple channels. Historically, the company has expanded through acquisitions, notably Media General in 2017 and Tribune Media in 2019, which materially increased its reach and market leadership. More recently, Nexstar announced and completed its acquisition of TEGNA Inc. in March 2026, after receiving FCC and DOJ approvals. That transaction further strengthens its scale, local-news reach, and bargaining power with advertisers, distributors, and content partners. The company has also continued to develop newer content and brand initiatives around NewsNation and cross-platform advertising. ([nexstar.tv](https://www.nexstar.tv/board-of-directors/?utm_source=openai)) For investors, NXST is best viewed as a U.S. broadcast and digital media consolidator with a local-first model and national reach. The company reported 2024 net revenue of $5.41 billion and employed more than 13,000 people, underscoring its size and operational breadth. While the traditional television market remains under structural pressure, Nexstar’s scale, diversified revenue base, and growing digital/news assets position it as one of the most important media franchises in the United States. ([nexstar.tv](https://www.nexstar.tv/?utm_source=openai))