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Blue Chip Growth

Stock Report: "Nexstar Broadcasting Group, Inc. Class A" (NXST) Report Updated: Sep 26, 2016 | Print This Page

"Nexstar Broadcasting Group, Inc. Class A"© quotemedia

Company Profile

Nexstar Broadcasting Group, Inc. operates as a television broadcasting and digital media company in the United States. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. The company offers free over-the-air programming to television viewing audiences. It also provides sales, programming, and other services through various local service agreements to 23 stations and 3 digital multi-cast channels owned and/or operated by independent third parties. As of December 31, 2014, the company owned, operated, programmed, or provided sales and other services to 87 television stations and 26 digital multicast channels in 49 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Tennessee, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, Michigan, Utah, Vermont, California, Iowa, Colorado, and Virginia. The company’s stations reach approximately 16.2 million viewers. Nexstar Broadcasting Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.