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Nexstar Media Group Releases New Investor Presentation

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Nexstar Media Group (NASDAQ: NXST) has released a new investor presentation available on its website, emphasizing its commitment to enhancing value through localism in media. The company operates 199 television stations, serving about 39% of U.S. television households, and runs 120 local websites and 284 mobile apps. Its divisions include Broadcasting, Digital, and Networks, providing diverse media services to consumers and advertisers. Nexstar also holds a 31.3% stake in the TV Food Network, broadening its media reach.

Positive
  • Broad range of services through 199 television stations reaching 39% of U.S. households.
  • Diverse media presence with 120 local websites and 284 mobile apps.
  • Strong stake (31.3%) in the TV Food Network, enhancing its portfolio.
Negative
  • None.

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it has released a new investor presentation, which can be accessed through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at www.nexstar.tv.

About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Its wholly owned operating subsidiary, Nexstar Media Inc., consists of three divisions: Broadcasting, Digital, and Networks. The Broadcasting Division operates, programs, or provides sales and other services to 199 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC’s UHF discount). The division’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. The Digital Division operates 120 local websites and 284 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast networks Antenna TV and Rewind TV, and WGN Radio in Chicago. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. For more information, please visit www.nexstar.tv.

Investors:

Lee Ann Gliha

Executive Vice President and Chief Financial Officer

Nexstar Media Group, Inc.

972/373-8800

Joseph Jaffoni or Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com

Media:

Gary Weitman

EVP and Chief Communications Officer

972/373-8800

gweitman@nexstar.tv

Source: Nexstar Media Group, Inc.

FAQ

What is the purpose of Nexstar Media Group's new investor presentation?

The new investor presentation aims to enhance value and showcase its commitment to localism in media.

How many television stations does Nexstar Media Group operate?

Nexstar operates 199 television stations, reaching approximately 39% of U.S. television households.

What divisions does Nexstar Media Group have?

Nexstar has three divisions: Broadcasting, Digital, and Networks.

How many local websites and mobile apps does Nexstar operate?

Nexstar operates 120 local websites and 284 mobile apps.

What is Nexstar's stake in the TV Food Network?

Nexstar holds a 31.3% ownership stake in the TV Food Network.

Nexstar Media Group, Inc.

NASDAQ:NXST

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