Nexstar Media Group Inc 2024年度报告

for the fiscal year ended December 31, 2024OR☐☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934for the transition period fromto.Commission File Number: 000-50478NEXSTAR MEDIA GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware23-3083125(State of Organization or Incorporation)(I.R.S. Employer Identification No.)545 E. John Carpenter Freeway, Suite 700, Irving, Texas75062(Address of Principal Executive Offices)(Zip Code)(972) 373-8800(Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that it was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days.Yes☒No☐ Indicate by checkmark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. (check one): Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared orissued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of June 30, 2024, the aggregate market value of the voting and non-voting common equity held by non-affiliates of the Registrant was$5,082,992,458. As of February 27, 2025, the Registrant had 30,509,206 shares of Common Stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the Registrant’s 2025 Annual Meeting of Stockholders will be filed with the Commission within 120 days after theclose of the Registrant’s fiscal year and incorporated by reference in Part III of this Annual Report on Form 10-K. TABLE OF CONTENTS PART IITEM 1.Business4ITEM 1A.Risk Factors19ITEM 1B.Unresolved Staff Comments29ITEM 1C.Cybersecurity29ITEM 2.Properties30ITEM 3.Legal Proceedings30ITEM 4.Mine Safety Disclosures30PART IIITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities31ITEM 6.Reserved32ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations33ITEM 7A.Quantitative and Qualitative Disclosures About Market Risk47ITEM 8.Financial Statements and Supplementary Data47ITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure47ITEM 9A.Controls and Procedures48ITEM 9B.Other Information48ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections48PART IIIITEM 10.Directors, Executive Officers and Corporate Governance49ITEM 11.Executive Compensation49ITEM 12.Security Ownership of Certain Beneficial Owners and Management, and Related Stockholder Matters49ITEM 13.Certain Relationships and Related Transactions, and Director Independence49ITEM 14.Principal Accountant Fees and Services49PART IVITEM 15.Exhibits and Financial Statement Schedules50ITEM 16.Form 10-K Summary50Index to Exhibits51Index to Financial StatementsF-1 Gen