. Nexstar Media Group Inc (NXST)'s detailed insider trading history can be found in Insider Trading Tracker table. Other. John Muse - $17,325 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . of 786,777 shares. Mr. Pompadurs qualifications to serve on Nexstars Board of Directors include his extensive expertise in the media industry and his ability to offer a broad international perspective on issues considered by Nexstars Board of Directors. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. On October 22, 2020, Nexstar underwent a corporate reorganization, under which its primary subsidiaries of Nexstar Broadcasting and Nexstar Digital were merged into the operating subsidiary Nexstar, Inc.[90], A carriage dispute with Dish Network began on December 2, 2020, and ended by Christmas Eve, which resulted in the removal of at least 164 Nexstar stations in 115 markets, covering about 63% of TV homes, from its services. In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. of 0 shares. . Mr. Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania. [2] He sits on the Board of Directors of Dean Foods, Swift and Co, two food corporations, and Cooper Gay Swett & Crawford, a reinsurance corporation. Mr. sale Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). also Democratic candidate Lt. Gov. Internal Medicine, 1996 . The transaction involving WPIX included a $75 million option condition allowing Nexstar to buy WPIX back between March 31, 2020, and the end of 2021. John R Muse the Director of Media General Inc and owns about 10,174,110 shares of Media General Inc (MEG) stock worth over $208 Million. My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social . "AI is ultimately a mirror, and it will reflect back exactly who we are; From the best of us, to the worst of us.". Other key executives at Dean Foods Co include View John Muse's profile for company associations, background information, and partnerships. sale John Muse was born in Fort Worth, Texas. a net Ms. McNabb was appointed a member of the Board of Directors of Nexstar in May 2006, serves on the Audit Committee and was the former Audit Committee Chairperson. Mr. Grossmans qualifications to serve on Nexstars Board of Directors include his long-term experience with Nexstar and his extensive experience in investing in media and communications companies enabling him to provide meaningful insight and guidance to the Company and the Board as Nexstar executes on its growth plan. Other key executives at Nexstar Media Group Inc include CEO Name. 53,100 shares on August 7, 2013, which The Independent Director, John Muse, made the biggest insider sale in the last 12 months. He also served on the board of directors of Time, Inc. (formerly public) from 2014 until its sale to Meredith Corporation in January 2018 and was a member of the audit committee and the compensation committee. POLITICAL . Nexstars digital properties, such as The Hill and BestReviews, are collectively a Top 10 U.S. digital news and information property that provide innovative digital marketing solutions and services to local and national media companies, advertisers, agencies, and brands. [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. John R. Muse. Sen. John Cornyn, R-Texas, told Nexstar that he sent a text message to the West Virginia Democrat on Tuesday morning saying, "Joe, if they don't want you we do." Plane collides with . John R Muse is the director of Nexstar Media Group Inc. As a lifelong athlete and equine enthusiast, Muse's polo appreciation soon elevated from spectator to player while learning and playing club chukkers at the Guards Polo Club in Egham, England. purchase Besides these, John R Muse also holds Perry A. Sook has over 43 years of professional experience in the television and radio broadcasting industries, covering all facets of the business, including ownership and M&A, management, sales, on-air talent, and news. "The fact is there are other much more immediate dangers and opportunities that we really need to start talking about," Oliver said. of 1,894,376 shares. Ph.D., Yale University, 2010. , Nexstar's communications chief said both candidates . Nexstar stated that these divestitures would be used to help fund the sale and cover debt. Hemisphere Media Group Inc is a Spanish-language media company. (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) Based on our data team's research, Perry A. Sook is the Nexstar Media Group's CEO. The sale closed on March 2, 2020. You can select different timeframes to see how John R Muse's insider trading performs compared to the benchmark. , Published Oct 25, 2022. Ms. McNabb is also an independent director, chair of audit, member of the nominating and governance and compensation committees of NeoGames (NASDAQ: NGMS), a global provider of iLottery solutions for national and state-regulated lotteries, and an independent director and chair of the audit committee of Acronis (private), a global leader in cybersecurity and data protection. He founded Nexstar in 1996 with one local television station in Scranton, PA, and began building the foundation of what became one of the worlds leading local marketing and content companies, leveraging localism to bring new services and value to consumers and advertisers across its traditional media, digital and mobile media platforms. WCWJ in Jacksonville, Florida, along with WSLS-TV in Roanoke, Virginia, was sold to the Graham Media Group; and KADN-TV, as well as KLAF-LD in Lafayette, Louisiana, was sold to Bayou City Broadcasting, with KREG-TV in Glenwood Springs, Colorado going to Marquee Broadcasting as part of a series of divestitures required following Nexstar's acquisition of Media General due to Federal Communications Commission ownership caps (the sale of the Roanoke and Lafayette stations are required as Media General and Nexstar both own stations in those markets). During the past 18 months, 0 shares of Hemisphere Media Group Inc (HMTV) were sold and 1,894,376 shares were bought by its insiders, resulting in a net sale of 0 shares. [29] On March 5, 2014, the Federal Communications Commission approved the sale of these stations to Nexstar outright and the deal was completed on March 13. Muse's first full professional season saw him spending time in both the ECHL and AHL, recording 15 games in Charlotte and 25 in Florida, where he shared netminding duties with Pat Nagle.Muse helped to lead Florida to their first Kelly Cup and their third Kelly Cup Final, recording a shutout win against Kalamazoo (7-0, with 32 saves), and the first 2/3 of a shutout against the Elmira (5-0 . [55][56][57][58][59][60] On November 1, 2018, Nexstar bought out MyNetworkTV affiliate KFVE in Honolulu from American Spirit Media as part of transactions requiring from the Raycom Media/Gray Television merger. Per share, shareholders of Media General would receive $10.50 in cash and 0.0898 shares of Nexstar, a total equivalent of $14.50 per share. John's mailing address filed with the SEC is 3131 TURTLE CREEK BLVD., SUITE 1020, , DALLAS, TX, 75219. In summary, during the past 3 months, insiders sold 0 shares of ProShares UltraShort Telecommunications (TLL) in total and bought 0 shares, with a net It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Rosenwald 415D. Mr. Muse received his B.S. brought He is married to Lyn Muse, a UCLA alumnus and interior designer. [2] [19] Nexstar chose to drop Fox from WFXW in Terre Haute, Indiana and re-affiliate with ABC on September 1, 2011 (becoming the only Nexstar station thus far to affiliate with another network following the removal of the Fox affiliation) as part of a long-term renewal agreement between Nexstar and ABC for the group's nine existing ABC stations, reversing a 1995 switch that saw Terre Haute losing over-the-air carriage of ABC programs (since then, ABC has been seen in the market via Indianapolis affiliate WRTV on area cable and satellite providers);[20][21] the Fox affiliation then moved to a digital subchannel of CBS affiliate WTHI-TV which also added MyNetworkTV as a secondary affiliation. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Following the $7.1 billion accretive acquisition of Tribune Media and the $4.6 billion accretive acquisition of Media General, Nexstar Media Group, Inc. is the largest local broadcast television operator in the United States, with 200 stations reaching 116 markets, or more than 68% of all television households, and annual revenue in excess of $4.5 billion. and Mr. Armstrongs qualifications to serve on Nexstars Board of Directors include his extensive experience as the Chief Financial and Chief Operating Officer in the broadcast and communications industry, as well as a board member of several publicly traded companies. About John Philip Muse, MD. Politics is big money for Nexstar, which posted record revenues in 2020 driven by political ad spending across the company's local media outlets. and owns 10,174,110 shares of Media General Inc (MEG) as of June 15, 2016, with a value of $208 Million and a weighting of 15.7%. jmuse@uchicago.edu. Mr. FitzSimons was appointed a member of the Board of Directors of Nexstar in January 2017 and serves on the Audit Committee. See the complete profile on LinkedIn . [45], On March 13, 2014, Nexstar announced that it would purchase Internet Broadcasting, for $20 million. The several Spanish Spanish-language networks and content production platform owned by the company includes Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica TV and Television Dominicana. of 0 shares. However, on September 8, 2011, Sinclair Broadcast Group announced its intent of purchasing the Four Points stations outright and took over the MSA for the stations that October upon Federal Trade Commission (FTC) approval of the deal (the Federal Communications Commission (FCC) gave final approval of the group deal on December 21, and the Sinclair purchase of the Four Points stations was completed on January 1, 2012). [10] He graduated from the United States Air Force Academy in 1973, where he played intercollegiate lacrosse, and received an M.B.A. from UCLA in 1974. Reportedly, the amount from retransmission consent fees from cable and satellite operators that Fox wanted its affiliates to pay the network would be 25 cents per subscriber during the first year of the affiliation agreement, increasing to 50 cents by the fourth year. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. John Muse. [61], On April 30, 2017, The Wall Street Journal reported that there were competing bids for Tribune Media from Nexstar and a partnership between 21st Century Fox and private equity firm Blackstone Group. The oldest executive at Nexstar Media Group Inc is I. MartinPompadur, 84, who is the Independent Director. Lyd loistavia tarjouksia lhelt suosittuja nhtvyyksi ja tekemist East District naapurustossa Tainan, Taiwanin alueella. On January 15, 2020, Nexstar announced a national newscast called NewsNation on WGN America. sale John R Muse owns about 2,400 units of Nexstar Media Group, Inc common stock . The current estimated net worth of Nexstar Media Group, Inc's Director, John Muse, is estimated to be about $127.46M . 1,666 Jobs. The company processes, sells, and distributes dairy products under more than 50 local and regional dairy brands and private labels such as DairyPure and TruMoo. Payroll taxes are expected to generate $1.56 trillion this year, but the combined costs of Social Security and Medicare are likely to be $2.16 trillion, according to a Congressional Budget Office . [1][2][3][4][6][7][8] He has served on the boards of Life Partners, the Regal Entertainment Group, International Home Foods, Burton's Biscuit Company, Viatel Holding Ltd., Sunrise Television Corporation, Premier Foods, EurotaxGlass International AG, Lion Capital LLP, and the Morningstar Group. and [2] From 1984 to 1989, he directed the headed the investment banking activities of Prudential Securities for the Southwestern United States market. Executive Summary. Discovery will each retain 12.5% ownership. Due to Federal Communications Commission ownership regulations, one of the stations, KLJB, was spun off to Marshall Broadcasting Group, but is operated by Nexstar through a shared services agreement. 773.702.2196. John R. Muse is an American businessperson who founded Kainos Capital LLC and who has been the head of 5 different companies. Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. In Indiana, two markets saw Fox go from a primary affiliation of one station to joining an existing MyNetworkTV-affiliated digital subchannel of a competing Big Three station, with MyNetworkTV going to a secondary affiliation: in Evansville, Fox moved from WTVW (which then became an independent station and later joined The CW) to a MyNetworkTV-affiliated subchannel of CBS affiliate WEVV-TV on July 1, while in Fort Wayne, the Fox affiliation moved from WFFT-TV to a MyNetworkTV-affiliated subchannel of NBC affiliate WISE-TV on August 1. sale of 0 shares. Brandon Johnson picks up an endorsement, Lightfoot releases new campaign video. This investment adviser does not provide advice to individual investors. John Fetterman's campaign claimed after Tuesday's debate with Dr. Mehmet Oz that Nexstar's closed captioning system was delayed and filled with errors. Follow. Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. The majority of the company's income is generated from fluid milk sales. [1][10][14] He is also Chairman of the Board of Kainos Capital and Arena Brands. According to the SEC Form 4 filings, John R Muse has made a total of Last edited on 24 September 2022, at 17:40, UCLA Anderson Continues Celebrating 75 Years of Business Beyond Usual, Business Partner Says Co-Founder of Tom Hicks' Private Equity Firm Screwed Him Over, The 100 Most Expensive Homes in Dallas 2009, https://en.wikipedia.org/w/index.php?title=John_Muse_(businessman)&oldid=1112101580, This page was last edited on 24 September 2022, at 17:40. WDKY's transaction was completed on September 17, 2020.[87]. Over the past 18 months, Owner: John Muse (largest insider shareholder); Public (controlling) Net income: US$808.06 million (2020) Total assets: US$2.97 billion (2016) Number of employees: 11,086 (2020) Democrat U.S. Senate nominee John Fetterman and Republican Mehmet Oz have agreed to attend an exclusive prime-time debate hosted by Nexstar Media Inc. on October 25 at 8 p.m. at the abc27 studio . Born: c. 1951 Gender: Male Race or Ethnicity: White Occupation: Business Party Affiliation: Republican Nationality: United States Executive summary: HM Capital University: BA, US Air Force Academy (1973) University: MBA, Anderson School of Business, University of California at Los Angeles (1974) HM Capital CEO (2005-) HM Capital Co-Founder and Chairman (1989-) John R Muse around $799,155. [citation needed] In 1998, Nexstar purchased WBRE-TV in Wilkes-Barre, Pennsylvania. [9] They have five children. John R Muse is the 10 percent owner of ProShares UltraShort Telecommunications. There are 12 executives at Nexstar Media Inc getting paid more, with PerrySook having the highest compensation of $16,365,700. Fox dropped its affiliation from Nexstar-owned/managed stations in four markets, with three of the replacement stations adding Fox in addition to existing affiliations with the MyNetworkTV program service (owned by Fox parent company News Corporation). [67], On November 14, 2018, after Tribune cancelled its proposed sale to Sinclair, it was reported that Nexstar was a leading bidder to acquire Tribune. Nexstar made the transactions to pay down debt and consolidate operations in the Southeast. stocks. In July 2012, Nexstar agreed to purchase 11 stations and Inergize Digital Media from Newport Television with two stations going to affiliate Mission Broadcasting. Prior to HBO, Ms. Aulestia held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody. 2004-2023 GuruFocus.com, LLC. [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. In 2020, Mr. Sook oversaw the launch of NewsNation, now Americas fastest growing cable news network, reaching 70 million television homes. owns 3,206,424 shares of Linde PLC (LIN) as of August 7, 2013, with a value of $1.1 Billion and a weighting of 84.26000000000001%. The U.S. Senate race in Pennsylvania may be showing the worst side of politics as Democratic Lieutenant Governor John Fetterman battles Republican Dr. Mehmet Oz in the potentially crucial contest . [39][40], On May 27, 2016, Nexstar announced the sales of five stations. The debate will be hosted by Nexstar Television . He previously served on the Board of Visitors of the Klyde Warren Park Board. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. SVP & Business Innovation Bassey Ekpo Homes - Celebrity - Business Links: www.homesoftherich.net By: kenny1 jmuse@uchicago.edu. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements,[2][3] and operates major TV network The CW through a 75% majority stake, two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31% stake in Television Food Network G.P.). Dean Foods Co (DFODQ) Locations. The divestitures were in order to allow Nexstar to comply with FCC ownership rules (specifically pertaining to national market coverage for station owners) in advance of the approval proceedings of the merger of both groups (Nexstar already owned NBC affiliate WTWO and operates ABC affiliate WAWV-TV in Terre Haute, and planned to acquire Media General-owned CBS affiliate WANE-TV in Fort Wayne). Code of Business Conduct The company had also recently acquired competitor Inergize Digital through its purchase of assets from Newport Television, followed by Enterprise Technology Group, a spun-off joint venture between LIN Media and Fox Television Stations. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. [94] Almost eight months later, on January 5, 2022, The Wall Street Journal reported that Nexstar is a potential leading buyer of said network, as CW co-owners WarnerMedia (since merged with Discovery, Inc. to form Warner Bros. [19] The network also moved its affiliation in Springfield, Missouri from KSFX-TV (operated in a duopoly with area CBS affiliate KOLR) to upstart MyNetworkTV affiliate KRBK on September 1, 2011, with both stations becoming independents. [82][83] The merger was approved by the FCC on September 16, and would be consummated three days later. Mr. Muse owns over 1,000 units of . Jan 2017 - Present6 years 1 month. All Rights Reserved. He is also on the board of directors of CSM Bakery Solutions (private) and from 2014 until January 2017, served on the board of directors of Media General (formerly public), which Nexstar acquired in 2017. Gender Male Specialties Internal Medicine. [38], On January 27, 2016, Media General announced that it had entered into a definitive agreement to be acquired by Nexstar in a deal valued at $17.14 per share, valuing the company at $4.6 billion plus the assumption of $2.3 billion debt. Mr. McMillens qualifications to serve on Nexstars Board of Directors include his over 28 years of political, business and sports experience and leadership. Hemisphere generates revenue from the sale of advertising and broadcasting. Nexstar's remaining Fox affiliates have since signed a renewal agreement through December 2013;[22] In addition, following the settlement of Nexstar's antitrust lawsuit against WISE-TV's then-owner Granite Broadcasting, WFFT-TV reclaimed the Fox affiliation on March 1, 2013. John Muse owns about 9,025 units of Nexstar Media Group, Inc common stock. According to the SEC Form 4 filings, John R Muse has made a total of The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. Total Compensation. Prior to that, Mr. Armstrong was a founder of SFX Broadcasting, which went public in 1993, and subsequently served as Chief Financial Officer, Chief Operating Officer and a director until the company was sold in 1998 to AMFM. , CEO Pay. The combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. Over the last 19 years, insiders at Nexstar Media Inc have traded over $540,912,086 worth of Nexstar Media Inc stock and bought 875,610 units worth $3,197,323 Other key executives at Hemisphere Media Group Inc include [77], On April 3, 2019, Marshall Broadcasting Group sued Nexstar for breach of contract, alleging that the company was trying to "undermine" its operations so it could buy back the stations at a later date and lower cost in the present regulatory environment. New CW network owner Nexstar reported its third-quarter 2022 earnings Tuesday before the bell . You can see the complete history of Mr. Muse stock trades at the bottom of the page. Muse 's Matt Bellamy has discussed his views on politics, revealing he is "fundamentally against the whole concept of party politics.". Caitlyn Shelton. Other key executives at ProShares UltraShort Telecommunications include He was inducted to The Library of American Broadcasting Foundations 2016 Giants of Broadcasting and Electronic Arts and received The Media Institutes 2016 American Horizon Award, recognizing his leadership, promoting the vitality and independence of American media. Nexstar's offer was seen by analysts as a maneuver to torpedo the merger of Media General with Meredith Corporation (announced on September 8). Muse is the Independent Director at Nexstar Media Group Inc is a Spanish-language Media company 39 % U.S.... Units of Nexstar Media Group Inc ( NXST ) 's detailed insider trading history can be in. You can select different timeframes to see how john R Muse owns about 9,025 units of Media!. [ 87 ] of U.S. households SUITE 1020,, DALLAS TX., 2020, Nexstar & # x27 ; s communications chief said both.. Appointed a member of the Board of Kainos Capital LLC and who been. 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