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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nexstar Media Group, Inc.    NXST

NEXSTAR MEDIA GROUP, INC.

(NXST)
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Business Summary
Logo Nexstar Media Group, Inc.
Nexstar Media Group, Inc., formerly Nexstar Broadcasting Group, Inc., is a television broadcasting and digital media company. The Company is focused on the acquisition, development and operation of television stations and interactive community Websites, and digital media services in medium-sized markets in the United States. The Company's segments include Broadcasting and Other. The Company's broadcast segment includes television stations and related community-focused Websites that it owns, operates, programs or provides sales and other services to in various markets across the United States. The other activities of the Company include corporate functions, eliminations and other operations. As of December 31, 2016, it owned, operated, programmed or provided sales and other services to 104 full power television stations in 62 markets in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, New York, Utah, Vermont, Virginia, West Virginia and Wisconsin, among others.

Number of employees : 16 193 people.
Sales per Business
20182019Delta
USD (in Million)%USD (in Million)%
Broadcast2,61394.4%2,92996.4% +12.13%
Other154.175.6%109.893.6% -28.72%
Sales per region
20182019Delta
USD (in Million)%USD (in Million)%
United States2,767100%3,039100% +9.85%
Managers
NameAgeSinceTitle
Perry Sook612020Chairman & Chief Executive Officer
Thomas E. Carter602020President, Chief Operating & Financial Officer
Brett E. Jenkins482017Chief Technology Officer & Executive VP
Irving Martin Pompadur832003Independent Director
Jay M. Grossman591997Independent Director
Lisbeth R. McNabb582011Independent Director
D. Geoffrey Armstrong612011Independent Director
Dennis A. Miller612014Independent Director
Charles Thomas McMillen662015Independent Director
Dennis J. FitzSimons682017Independent Director
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 47,293,213 43,581,779 92.2% 2,004,823 4.2% 92.2%
Shareholders
NameEquities%
The Vanguard Group, Inc. 3,871,673 8.55%
Fidelity Management & Research Co. LLC 3,515,388 7.76%
Neuberger Berman Investment Advisers LLC 2,412,801 5.33%
The Baupost Group LLC 2,085,000 4.60%
Dimensional Fund Advisors LP 1,592,714 3.52%
HG Vora Capital Management LLC 1,550,000 3.42%
Soroban Capital Partners LP 1,500,000 3.31%
MSD Partners LP 1,397,247 3.09%
The WindAcre Partnership LLC 1,334,500 2.95%
P2 Capital Partners LLC 1,321,197 2.92%
Company contact information
Nexstar Media Group, Inc.
545 East John Carpenter Freeway
Suite 700
Irving, TX 75062

Phone : +1.972.373.8800
Fax : +1.972.373.8888
Web : http://www.nexstar.tv
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