Nexstar Media Group Names Bill Mondora Washington, DC Bureau Chief

March 7, 2017

Accomplished 24-year CBS News Veteran and Former Los Angeles News Director to Lead Nexstar’s Expanding Washington DC News Bureau

WASHINGTON, DC and IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar” or “the Company”) announced today that Bill Mondora has been named to the new position of Washington, DC Bureau Chief, responsible for overseeing the production of news that is relevant to the local communities the Company serves in 100 markets across the United States. Mr. Mondora assumes his new role immediately and reports to Jerry Walsh, Director of Local Content Development for Nexstar Broadcasting, Inc.

Nexstar previously announced that it was doubling the size of its Washington, DC, bureau to be highly responsive to the content needs of its local stations and their focus on political reporting and to ensure that the bureau is providing daily custom coverage to Nexstar markets. Nexstar’s DC bureau is located at 400 North Capitol Street in Washington, DC, two blocks from the U.S. Capitol in the NBC News Channel offices. Mr. Mondora’s appointment reflects Nexstar’s strategy to appoint proven broadcast and digital media leaders to oversee the development of its innovative multi-platform local news and community-focused content on a regional basis, while enhancing its service to viewers, clients and advertising partners. Nexstar will be adding four more positions to the Washington, DC, bureau, including three multimedia journalists/reporters and an executive producer.

In his new role, Mr. Mondora will oversee the expanded team of 10 journalists and news production personnel based in Washington, DC, who will leverage the expanded resources of the capital news bureau to deliver local content to communities across Nexstar’s markets. The Washington reporters will be responsible for producing compelling local stories and exclusive interviews with local lawmakers focused on specific issues that are impacting individual local markets, as well as topics of national interest. The Washington news bureau will offer extensive multiplatform coverage of events and developments including live reporting for broadcast television newscasts, detailed digital media stories for local websites / mobile apps and ongoing social media engagement with local audiences.

Mr. Mondora is an accomplished broadcast journalist with extensive experience in local and network news programming, production and service. He spent 24 years at CBS where he held several leadership roles including Director of News and Executive Producer of Newspath for 15 years. During his tenure he was responsible for developing and distributing key news content to CBS affiliates across the country, while managing the day-to-day services CBS Newspath provided to local affiliates. Prior to joining Nexstar, Mr. Mondora most recently served as Vice President and Director of News for KTTV-TV in Los Angeles, CA (DMA #2), where he launched an aggressive social media and digital strategy that grew audience share and further enhanced viewer engagement with stations’ local news, live-events, sports and other community-focused programming.

Commenting on the appointment, Jerry Walsh noted, “As the nation’s largest local media group, Nexstar has cultivated an organization-wide commitment to providing unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local audiences. Nexstar’s expanded, Washington, DC, resources and news reporting capabilities and the appointment of a proven industry executive to serve as our bureau chief will further our industry-wide reputation of delivering exceptional local programming and service.

“Bill brings to his new position a deep understanding of local news programming and production, digital and social media integration, content monetization, strategic planning and brand positioning across multiple media platforms. Throughout his impressive career at CBS, Bill consistently provided exceptional programming and services to the local affiliates by leading the strategic planning of major event coverage, working with news producers to facilitate relevant local reporting and successfully building relationships with key contributors and public figures. We are confident in his ability to successfully lead our Washington, DC, news bureau and look forward to his contributions as we continue to advance the programming, products and services we provide to local communities and advertisers.”

Commenting on his new role, Bill Mondora said, “Nexstar’s long-term success is a result of its deep dedication to the local communities it serves across the United States, and I am grateful for this opportunity to lead the Company’s expanded news bureau in Washington. This is a critical time for our nation and we have an obligation to bring each of the local communities we serve exclusive coverage of local and national news from Capitol Hill. Over 57% of the sitting members in the U.S. House of Representatives have constituents that can get their local news from a Nexstar television station or digital platform in their home district. The Nexstar Washington, DC, team will be regular guests in congressional offices and will conduct interviews with members of Congress on local issues impacting their district. I look forward to working with Jerry, other corporate personnel, the local news directors and the dedicated team in Washington to enhance our broadcast and digital local content offerings from Capitol Hill for the benefit of our viewers and users across the nation.”

About Nexstar Media Group, Inc.

Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 171 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar’s portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Nexstar’s community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities. For more information please visit www.nexstar.tv.

Forward-Looking Statements

This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Forward-looking statements include information preceded by, followed by, or that includes the words “guidance,” “believes,” “expects,” “anticipates,” “could,” or similar expressions. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication, concerning, among other things, future financial performance, including changes in net revenue, cash flow and operating expenses, involve risks and uncertainties, and are subject to change based on various important factors, including the impact of changes in national and regional economies, the ability to service and refinance our outstanding debt, successful integration of acquired television stations and digital businesses (including achievement of synergies and cost reductions), pricing fluctuations in local and national advertising, future regulatory actions and conditions in the television stations’ operating areas, competition from others in the broadcast television markets, volatility in programming costs, the effects of governmental regulation of broadcasting, industry consolidation, technological developments and major world news events. Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this communication might not occur. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see Nexstar’s other filings with the SEC.

Contact:

Jerry Walsh

Director of Local Content Development

Nexstar Broadcasting, Inc.

214/240-5704 or jwalsh@nexstar.tv

Joseph Jaffoni, Jennifer Neuman

JCIR

212/835-8500 or nxst@jcir.com