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Stock Report: "Nexstar Broadcasting Group, Inc. Class A" (NXST) Report Updated: Apr 21, 2014 | Print This Page

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"Nexstar Broadcasting Group, Inc. Class A" (NXST)

Rating: Buy Volatility: Moderate
Total Grade: B Industry: Media
Competitors: DISH, MNI, CMLS, LIN
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"Nexstar Broadcasting Group, Inc. Class A"© quotemedia

Company Profile

Nexstar Broadcasting Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets in the United States. It provides free over-the-air programming to television viewing audiences. The company, through various local service agreements, also offers sales, programming, and other services to stations and digital multi-cast channels owned and/or operated by independent third parties. As of December 31, 2011, it owned, operated, programmed, or provided sales and other services to 55 television stations and 11 digital multi-cast channels in 32 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, and Michigan. The company’s stations reach approximately 10.6 million viewers. Nexstar Broadcasting Group, Inc. was founded in 1996 and is based in Irving, Texas.

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