Network affiliates

Network owned-and-operated stations

In the United States, Federal Communications Commission (FCC) regulations limit the number of network-owned stations as a percentage of total national market reach. As such, networks tend to have O&Os only in the largest media markets (such as New York City and Los Angeles), and rely on affiliates to carry their programming in other, smaller markets. However, even the largest markets may have network affiliates in lieu of O&Os. For instance, Mission Broadcasting's WPIX serves as the New York City affiliate of The CW (which is 75% owned by station operator Nexstar Media Group, with Warner Bros. Discovery and Paramount Skydance each owning 12.5% stakes), while Paramount owns independent stationWLNY-TV in that market. On the other hand, several other television stations in the same market – WABC-TV (ABC), WCBS-TV (CBS), WNBC (NBC), WNJU (Telemundo), WNYW (Fox), WWOR-TV (MyNetworkTV), WPXN-TV (Ion Television), WXTV-DT (Univision) and WFUT-DT (UniMás) – are O&Os.