Nexstar Media Group Inc (NAS:NXST)
$ 172.3 -5.64 (-3.17%) Market Cap: 5.66 Bil Enterprise Value: 12.27 Bil PE Ratio: 14.64 PB Ratio: 2.52 GF Score: 93/100
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Nexstar Media Group Inc at Stephens Investment Conference Transcript

Nov 16, 2022 / 04:00PM GMT
Release Date Price: $169.07 (-0.89%)
Nicholas Todd Zangler
Stephens Inc., Research Division - Analyst

Let's do it. Let's do it. I'm Nick Zangler at Stephens. I cover ad tech and media. And very happy to have Nexstar with us today. We've got Tom Carter, President and COO and Lee Ann Gliha, EVP and CFO. Just to start, I think the way we're going to do this is run through all the business segments.

But before doing that, maybe just if you guys could level set us and talk about the broadcast station footprint across the U.S., maybe talk about your scale and just also mention the various networks like NewsNation that you guys have.

Questions & Answers

Thomas E. Carter
Nexstar Media Group, Inc. - President & COO

Sure. Good morning, everybody. Thanks, Nick. Yes. Nexstar is the largest broadcaster in the country, larger than any of the owned and operated groups of the networks. We cover -- we have 200 broadcast properties, 199 television stations and 1 radio station, WGN AM in Chicago. That's all I'm going to talk about radio. And we cover 68% of the population. So we're the

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