Mission Broadcasting, a privately owned company founded in 1996, operates 29 full-power television stations across 26 U.S. markets. Chaired by Nancie Smith, the company's 20 employees generated approximately $10 million in revenue in 2023. Relocating its headquarters from Westlake, Ohio to Wichita Falls, Texas in 2018, Mission's stations are primarily located in markets also served by Nexstar Media Group. A shared services and local marketing agreement exists between Mission and Nexstar, resulting in operational and marketing collaborations that effectively create duopolies in most of its markets. These markets range in size from major metropolitan areas like New York City to smaller ones such as Grand Junction, Colorado.

Revenue

Founded

1996

Headcount

16

Headquarters

US

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

News Summary:

On June 30, 2025, Nexstar Media Group Inc. announced the successful refinancing of revolving credit facilities, Term Loan A and Term Loan B, for both Nexstar Media Inc. and Mission Broadcasting Inc. This refinancing extended the maturities of the revolving credit facility and term loans and reduced the interest rate margin. Separately, Mission Broadcasting promoted Sharon K. Moser to Vice President and Corporate Controller. Also, WPIX-11, a Mission Broadcasting-owned CW Network station in New York managed by Nexstar Media Group, appointed Ben Dobson as its new News Director, starting July 24.

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Mission Broadcasting offers 21 products in the media and telecoms services industry. Mission Broadcasting's product portfolio comprises of broadcast television and radio and media and TV services.
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Mission Broadcasting's revenues were less than $25M in 2023. Caretta Research has split Mission Broadcasting's revenue into 2 different product categories, the largest of which is linear (local broadcaster). For full access to Mission Broadcasting's revenue breakdown subscribe to Caretta Portal.
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