Nexstar Media Group
Nexstar Media Group is the largest television station owner-operator in the United States, managing over 200 stations across 116 markets. The company has established itself as a significant player in the industry, with 155 of its stations affiliated with major broadcast networks such as CBS, Fox, NBC, and ABC. Following its 2019 merger with Tribune, Nexstar became the leading broadcast affiliate for both Fox and CBS and holds notable positions with NBC and ABC. The company operates in 12 of the top 20 television markets, reaching approximately 68% of U.S. TV households. In addition to its extensive network of television stations, Nexstar owns NewsNation, a national pay-television network, holds a 75% stake in The CW, and has a 31% investment in the Food Network and Cooking Channel.
VENN is a new 24/7 post-cable network aimed at gaming, esports and entertainment audiences. Launching in 2020 and broadcasting live from studios in New York and Los Angeles, VENN will be distributed across a broad range of media platforms and offer original programming produced in-house and in partnership with some of the biggest names and creators across industries.
Tribune Media Company is a diversified media and entertainment organization based in Chicago, Illinois, with a history dating back to 1847. It operates 42 local television stations, which include affiliates of major networks such as FOX, CBS, ABC, NBC, and CW, as well as independent stations. The company also features WGN America, a national general entertainment cable network, and offers digital multicast networks like Antenna TV and THIS TV. In addition to its broadcasting operations, Tribune Media has a presence in publishing, with several notable newspapers including the Los Angeles Times and the Chicago Tribune. The company also operates WGN 720 AM, a radio station in Chicago. As of September 2019, Tribune Media functions as a subsidiary of Nexstar Media Group.
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