Nexstar Media Group, Inc. is an American media company and the largest owner of local television stations in the United States. The company operates over 200 broadcast stations across 116 markets, reaching approximately 70% of U.S. television households. In addition to its local affiliates, Nexstar owns national properties including The CW Network, the cable news channel NewsNation, and digital media assets such as The Hill.
During the years ended December 31, 2025, 2024 and 2023, revenues from two customers each exceeded 10% of consolidated net revenues, representing approximately 13% for 2025, 12% for 2024, and 12% and 14% for 2023.