Mission Broadcasting, Inc. is a television station group that owns 20 television stations in 17 markets in the United States. The group’s Chair is Nancie Smith, the widow of David S. Smith (who died in March 2011), who founded the company in 1996. All of Mission’s stations are located in markets where the Nexstar Media Group also owns a station, and are managed by Nexstar through shared services and local marketing agreements—effectively creating duopolies between the top two stations in a market or in markets with too few stations or unique station owners to legally allow duopolies.

Mission Broadcasting, Inc., a television broadcasting company, engages in the acquisition, development, and operation of television stations in medium-sized markets in the United States. The company sells commercial air time to local and national advertisers. As of March 31, 2011, it owned and operated 16 television stations and 1 digital multicast…