-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WVAb0D0f+ipAOUziWVr5YgHuBkiDVZux9ALa3A4GZHVZ5IWP8mbjhFrzecKXjxKz
 6CFIREGoEmU2uh888DrIeA==

<SEC-DOCUMENT>0001181431-08-063117.txt : 20081120
<SEC-HEADER>0001181431-08-063117.hdr.sgml : 20081120
<ACCEPTANCE-DATETIME>20081120121051
ACCESSION NUMBER:		0001181431-08-063117
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081119
FILED AS OF DATE:		20081120
DATE AS OF CHANGE:		20081120

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DEVINE MATTHEW E
		CENTRAL INDEX KEY:			0001034873

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50478
		FILM NUMBER:		081203061

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		9728699020

	MAIL ADDRESS:	
		STREET 1:		433 E LAS COLINAS BLVD
		STREET 2:		SUITE 1300
		CITY:			IRVING
		STATE:			TX
		ZIP:			75039

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEXSTAR BROADCASTING GROUP INC
		CENTRAL INDEX KEY:			0001142417
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				233083125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5215 N. O'CONNOR BLVD.
		STREET 2:		SUITE 1400
		CITY:			IRVING
		STATE:			TX
		ZIP:			75039
		BUSINESS PHONE:		972-373-8800

	MAIL ADDRESS:	
		STREET 1:		5215 N. O'CONNOR BLVD.
		STREET 2:		SUITE 1400
		CITY:			IRVING
		STATE:			TX
		ZIP:			75039
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd224188.xml
<DESCRIPTION>MATTHEW DEVINE FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-11-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001142417</issuerCik>
        <issuerName>NEXSTAR BROADCASTING GROUP INC</issuerName>
        <issuerTradingSymbol>NXST</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001034873</rptOwnerCik>
            <rptOwnerName>DEVINE MATTHEW E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NEXSTAR BROADCASTING GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>5215 N. O'CONNOR BLVD., SUITE 1400</rptOwnerStreet2>
            <rptOwnerCity>IRVING</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75039</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CFO &amp; Executive Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>50000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.6432</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>612500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <remarks>The total amount of shares of Class A Common Stock includes previously acquired 30,000 shares of restricted Class A Common Stock and previously acquired options to purchase 435,000 shares of Class A Common Stock (which have not been exercised).</remarks>

    <ownerSignature>
        <signatureName>/s/ Matthew E. Devine</signatureName>
        <signatureDate>2008-11-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----