| Pappas Telecasting Companies is the largest privately-held, commercial television broadcast group in the United States in terms of U.S. Household coverage as defined by Nielsen Media Research. The company owns 27 stations, including market-leading FOX, The CW, ABC, CBS, Azteca America, and MyNetworkTV affiliates, and operates four other stations pursuant to local marketing agreements, in most regions of the United States. Additionally, Pappas owns 16 on-air digital channels, operates three others under LMAs, and holds construction permits to build 10 additional television stations. Pappas also is moving KTRB-AM 860 from Modesto to the San Francisco-San Jose radio market, and recently launched KMPH-AM 840 in Modesto. According to statistics from Nielsen, Pappas Telecasting television stations serve more than 16% of all U.S. television households. In addition, the company owns or operates television stations in markets reaching nearly 36% of U.S. Hispanic households and 38% of all U.S. Hispanic persons age 2+. In total, Pappas owns or operates stations in 24 Designated Market Areas.
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