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Nexstar Media Group (STU:NXZ) Accounts Payable & Accrued Expense for Financial Companies


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What is Nexstar Media Group Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Nexstar Media Group Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (STU:NXZ) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number two partner for NBC and number three for ABC. The firm maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.