Nexstar Media Group

Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliated with the four "major" U.S. television networks and MyNetworkTV in markets as large as New York City and as small as San Angelo, Texas. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements to satisfy existing regulations set in place by the Federal Communications Commission.^[2][3][4][5] In addition, Nexstar owns one radio station, WGN in Chicago, and operates major TV network the CW through a 75-percent majority stake where all CW affiliates are directly owned-and-operated stations (O&O),^[6][7] two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, one FAST streaming channel airing sports programming, SportsGrid, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31-percent stake in Television Food Network G.P.).