Nexstar Broadcasting Group

Nexstar Media Group is the largest television station owner in the United States, with a portfolio of 197 television stations across the country, reaching a significant portion of the U.S. population. The company's primary business revolves around the operation of these television stations, many of which are affiliated with major networks like CBS, Fox, NBC, and ABC.

Nexstar's revenue is generated through two main streams: advertising and distribution fees. The company sells advertising time to local and national businesses, leveraging its extensive reach in various markets. Additionally, Nexstar collects retransmission fees from cable and satellite providers who carry its stations' signals. This dual-revenue model provides a stable financial base.

Beyond traditional broadcasting, Nexstar has expanded into digital media. The company owns and operates a variety of digital assets, including websites and mobile apps associated with its television stations. A notable digital property is 'The Hill,' a political news website, which adds to its digital media portfolio. Nexstar also operates 'NewsNation,' a national news network, aiming to provide unbiased news coverage.

The company's client base for advertising includes a wide range of businesses, from small local enterprises to large national corporations. The market it operates in is the U.S. media and broadcasting industry, where it holds a significant market share due to its large number of stations. Through strategic acquisitions of television stations and digital properties, Nexstar has consistently grown its footprint and influence in the American media landscape.

Keywords: television broadcasting, media, advertising, distribution fees, retransmission fees, digital media, local news, national news, station ownership, content production