Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 316,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with more than 200 owned or partner stations in 116 U.S. markets reaching 220 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, our national news network providing “News for All Americans,” popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 Nexstar Media Group, Inc.You | 0 | 0 | — | 0 | 0 |
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State attorneys general are challenging media consolidation, with Nexstar-Tegna's restraining order potentially encouraging legal action against Paramount-Warner Bros merger.
A judge extended a temporary restraining order against Nexstar's $6.2 billion acquisition of Tegna. DirecTV and state attorneys general are suing to block the deal, which would create a local TV station giant reaching 80% of U.S. households.
U.S. District Judge Troy Nunley issued a preliminary injunction Friday, halting the Nexstar-Tegna merger and freezing further integration amid antitrust concerns as the case proceeds.
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