Nexstar Media Group, the largest U.S. broadcast TV station group, extended the employment agreement of chairman and CEO Perry Sook through March 31, 2029.

Sook, who is the company’s third largest shareholder, oversees Nexstar, which has just over 200 owned or partner stations in 116 U.S. markets. Now Nexstar wants to get even bigger: In August, the company announced an agreement to acquire rival station group Tegna, which has 64 stations, for $6.2 billion .

Sook founded Nexstar in 1996 and has served as CEO of the Irving, Texas-based company ever since. During his tenure as chief executive, Sook has led the completion and integration of more than 40 acquisitions. In 2024, he had a compensation package worth $35.9 million (up 23% from the year prior), including stock awards valued at

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