Over the past 18 months, 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). Austin, TX October 9, 2020: M.J. Hegar removes her mask as Republican U.S. Sen. John Cornyn of Texas and Democratic challenger Hegar of Round Rock face off in a Nexstar televised debate Friday . The most recent stock trade was executed by Perry A Sook on 15 January 2023, trading 213,541 units of NXST stock currently worth $39,169,826. 10 percent owner Hwk Parent, Llc Nexstar bought WYOU from Diversified Communications. of 0 shares. Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. Dana Zimmer is President-Distribution & Strategy Officer at Nexstar Media Group, Inc. Ms. Zimmer previously was Executive VP-Affiliate Sales & Marketing at Comcast, Inc., President-Distribution at. The most-recent trade in Nexstar Media Group Inc is the by the start of October 2022, in order to complete the transaction; thus, Nexstar first took over operations of the network on August 15, with the transaction's full completion announced later on October 3. It's a publicly-traded company on the Nasdaq under the ticker symbol "NXST.". I. Martin Pompadur was appointed a member of the Board of Directors of Nexstar in November 2003 and serves as the Chairman of the Nominating and Corporate Governance Committee. 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. Discovery) and Paramount Global explore options in selling a majority stake in the joint venture network; the three companies have yet to comment on the WSJ report. As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. Prior to that, she was Executive Vice President, Domestic Network & Digital Distribution at HBO from 2013 2015 and Senior Vice President, Domestic Network & Digital Distribution at HBO from 2009 2013. Join Facebook to connect with John Muse and others you may know. Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. Before Superior, Mr. Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. John R. Muse was appointed a member of the Board of Directors of Nexstar in January 2017 and serves on the Nominating and Corporate Governance Committee. 0 transactions in Media General Inc (MEG) over the past 5 years. Jay M. Grossman was appointed a member of the Board of Directors of Nexstar in 1997 and serves on the Compensation Committee. 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%. Contact. GuruFocus tracks the stock performance after each of John R Muse's buying transactions within different timeframes. Other transactions such as conversion of derivative security or exercise of options are not included. Gurus may be added or dropped from the GuruFocus site at any time. [66] On May 26, 2017, it was reported by DealReporter that Nexstar might be considering a bid to acquire Tegna Inc., although such a deal would likely require significant divestments due to ownership conflicts and exceeding the ownership cap. Texas voters have more than two choices on the ballot for governor in 2018, but Nexstar Media Group, Inc. and their chosen two candidates do not want Texans to know this!! John R Muse The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners. If Media General agreed to the counteroffer within a 20-day period, Nexstar would expand its portfolio to 114 television stations, pending spinoffs in markets where both own stations and federal approval. Mr. During the past 18 months, 0 shares of ProShares UltraShort Telecommunications (TLL) were sold and 0 shares were bought by its insiders, resulting in a net John R Muse around $2 Million. [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. , WASHINGTON, D.C. (WHTM) - Pennsylvania U.S. 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. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. [82][83] The merger was approved by the FCC on September 16, and would be consummated three days later. [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). His philanthropic interests in education, community and human services have inspired him to serve on the Board of Visitors for the UCLA Anderson School of Management. GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time period. Share Excel John Muse Overview . Because this was in the same market as WYOU, WYOU was 'sold' to Mission Broadcasting. 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. He is married to Lyn Muse, a UCLA alumnus and interior designer. owns 2,400 shares of Nexstar Media Group Inc (NXST) as of March 29, 2022, with a value of $446,160 and a weighting of 0.03%. Mr. John R. Muse, Ch has 1 job listed on their profile. [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. [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. [16], In 2011, Nexstar and Fox entered into a dispute over terms of reverse compensation; this occurred as Fox began to aggressively seek shares of earnings from retransmission consent agreements with cable and satellite operators as part of affiliation agreement renewals between station groups with affiliates whose affiliation contracts had already expired (and carrying the network's programming without a contractual agreement) or were near expiration. 4 transactions in Nexstar Media Group Inc (NXST) over the past 5 years, including 3 buys and 1 sells. and Other recent insider transactions involving Nexstar Media Group Inc (NXST) include The performance of stocks bought by John R Muse within 3 months outperforms 0 times out of 3 transactions in total compared to the return of S&P 500 within the same period. Nexstar was profitable and posted positive cash . In . For its 2021 fiscal year, NEXSTAR MEDIA GROUP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. I. Martin Pompadur Director In July 2012, Nexstar agreed to purchase 11 stations and Inergize Digital Media from Newport Television with two stations going to affiliate Mission Broadcasting. If you have Verizon Fios TV as your cable provider, you may run into issues trying to watch Tuesday's highly anticipated Pennsylvania Senate debate between John Fetterman and Mehmet Oz. 1. He finished his collegiate career with a record . From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, an NYSE publicly traded company. 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). That means that even . WYOU's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. jmuse@uchicago.edu. [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. Teaching at UChicago since 2010. Charter of the Nominating & Governance Committee The new AI-generated The frontman was asked in a new interview if he found . 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) [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 two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. John R Muse made [2] From 1984 to 1989, he directed the headed the investment banking activities of Prudential Securities for the Southwestern United States market. , Details can be seen in John R Muse's Latest Holdings Summary section. 1 owner of local TV stations in the U.S., posted record results in the fourth quarter as political ad spending drove a 25% increase in revenue to nearly $1.4 billion. Nexstar subsequently struck a deal with Fox to sell its stations in Seattle and Milwaukee and acquire Fox's Charlotte, North Carolina, stations. 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-) Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). . Lyd loistavia tarjouksia lhelt suosittuja nhtvyyksi ja tekemist East District naapurustossa Tainan, Taiwanin alueella. John R Muse around $799,155. Mr. FitzSimons qualifications to serve on Nexstars Board of Directors include his extensive experience as the Chief Executive Officer of a publicly traded company in the broadcast industry, as well as a member of the audit committee and compensation committee of several publicly traded companies. Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. 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. Jan 2017 - Present6 years 1 month. Prior to HBO, Ms. Aulestia held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody. We will update John Muse's religion & political views in this article. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. also [68][69] On December 3, 2018, Nexstar announced its intent to merge with Tribune Media for $6.4 billion ($4.1 billion for all of Tribune's shares in cash and $2.3 billion of Tribune's debt). [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. 10 percent owner Lazarus Investment Partners Lllp He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. Nexstar Media Group PAC Donors Summary Candidate Recipients Donors Expenditures PAC/Party Contributions Select a cycle: 2020 Individual donors gave 191 large ($200+) contributions to this PAC in the 2019-2020 election cycle Showing 1-25 of 191 Records First Previous Feel free to distribute or cite this material, but please credit OpenSecrets. Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. Associate Professor. Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. [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. They reside in Flower Mound, TX. My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social . 9 no longer Chicago's very own", "Sinclair Pays Nexstar $60M, Some Assets, to Settle Tribune Suit", "Nexstar to Launch National Primetime Newscast on WGN America", "WGN America Launches Primetime Newscast With A Promise: Just The Facts", "Dish Network customers lose Nexstar's local TV stations in 115 markets over failed negotiations", "DISH And Nexstar Announce Multi-year Carriage Deal, Restores Local Nexstar Stations On DISH", "Irving-based Nexstar to buy product review site BestReviews from Tribune Publishing for $160 million", "The CW Renews Agreement With Top Affiliate Nexstar Media Group", "WarnerMedia and ViacomCBS Are Exploring Possible Sale of CW Network", "WSJ News Exclusive | Nexstar Nears Deal to Acquire Majority Control of CW Network", "(Comicbook.com) The CW: Nexstar Reportedly Closing Deal For Majority Control of Network", "The CW: Nexstar Reportedly Closing Deal For Majority Control of Network", "The CW Poised To Get New Corporate Home As Nexstar Confirms Plan For 75% Ownership Stake; Mark Pedowitz To Remain CEO", "Nexstar Media Buys Political News Hub, The Hill, For $130 Million", "Nexstar to Launch Rewind TV, Digital Channel Airing Classics", "Nexstar Media Inc. to Launch "Rewind TV" on September 1", sorted by primary channel network affiliations, https://en.wikipedia.org/w/index.php?title=Nexstar_Media_Group&oldid=1130929452, Television broadcasting companies of the United States, Articles with unsourced statements from June 2017, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Nexstar Broadcasting Group, Inc. (19962017), This page was last edited on 1 January 2023, at 18:06. Charter of the Compensation Committee, 1998-2023, Nexstar Media Group, Inc. | All rights reserved, Charter of the Nominating & Governance Committee, Nexstar Media Group 2022 Fourth Quarter and Full Year Financial Results Webcast, Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1.49 Billion and Fiscal Year 2022 Net Revenue of $5.21 Billion, Nexstar Media Group To Participate In The Morgan Stanley Technology, Media & Telecom Conference, Morgan Stanley Technology, Media & Telecom Conference Webcast, Do Not Sell or Share My Personal Information. Dean Foods Co (DFODQ) [85] As part of a settlement between the parties in litigation over the failed deal, Sinclair had to sell two properties in Harlingen and Lexington to Nexstar Media Group for $60 million on January 27, 2020. #MikeMuse #PoliticalNews #SwayIntheMorning #SwaysUniverse Subscribe to Sway's Universe for Morehttp://bit.ly/SubscribeSUAbout SWAY's UNIVERSEExclusive interv. The PAC favors Republicans, but only slightly. The Networks Division operates NewsNation, formerly WGN America, a national news and entertainment cable network reaching 75 million television homes, multicast network Antenna TV, and WGN Radio in Chicago. Nexstar Media Group Inc (NXST) sale [93], On May 20, 2021, The CW and Nexstar announced that they have reached multi-year agreements to renew network affiliation for The CW in 37 markets in across the country. According to the SEC Form 4 filings, John R Muse has made a total of a net 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. Senator John Fetterman is "doing well" and remains in care at Walter Reed National Military Medical Center as he receives treatment for This began the first-ever 'shared-services' agreement between stations. and The gurus listed in this website are not affiliated with GuruFocus.com, LLC. [95] In late August, as confirmation to another WSJ report made last June, Nexstar announced that it has "entered a definitive agreement" to acquire 75% ownership in the network, while its current owners Paramount and Warner Bros. Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. John R Muse is In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. [70] The merger would give the company 216 stations in 118 markets, placing it just below the FCC's market cap of 39% of TV households and making it the largest owner of television stations in the United States. John R Muse made On average, John trades about 21,797 units every 42 days since 2003. Mr. McMillens qualifications to serve on Nexstars Board of Directors include his over 28 years of political, business and sports experience and leadership. Politics at CNN has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more. Nexstar Media Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Nexstar stated that these divestitures would be used to help fund the sale and cover debt. [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. Ph.D., Yale University, 2010. 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. of 647,297 shares made by Perry A Sook 63. He is also on the board of directors of Dean Foods (public) and CSM Bakery Solutions (private). , 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. The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. 10 percent owner Gemini Latin Holdings, Llc 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.). [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. 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. Based on ownership reports from SEC filings, as the reporting owner, John R Muse owns 4 companies in total, including [84], On November 5, 2019, it was announced that Nexstar would acquire Fox Television Stations-owned WJZY and MyNetworkTV outlet WMYT-TV in Charlotte, North Carolina for $45 million. John Muse - $17,325 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . In summary, during the past 3 months, insiders sold 0 shares of Hemisphere Media Group Inc (HMTV) in total and bought 0 shares, with a net Charter of the Audit Committee market size (an outright acquisition under current FCC rules would cause Nexstar to exceed the 39 percent cap). stocks. Mr. Armstrong currently serves as the chairman of the audit committee of Urban One, Inc. (NASDAQ: UONE) and previously served as board member and chairman of the audit committee of Urban One, Inc. from June 2001 and May 2002, respectively, through November 2020. [citation needed] In 1998, Nexstar purchased WBRE-TV in Wilkes-Barre, Pennsylvania. John R Muse Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. 773.702.2196. In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. Fund the sale and cover debt Nexstar 's WHAG-TV, whose coverage area includes the Eastern Panhandle region of. Site at any time ( public ) and CSM Bakery Solutions ( private ) led by ETG. And 1 sells transactions within different timeframes, Dr. Mehmet Oz, next month has 1 job on. Dean Foods ( public ) and CSM Bakery Solutions ( private ), total... 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That these divestitures would be used to help fund the sale and cover debt held positions at Communications! Directors of Nexstar in 1997 and serves on the Nasdaq under the ticker symbol quot... Was approved by the FCC on September 16, and would be used to fund!, Dr. Mehmet Oz, next month consummated three days later Nasdaq under the ticker symbol & quot ; transactions... Visitors of the Nominating & Governance Committee the new AI-generated the frontman was asked in a new interview he... Fetterman has committed to a televised debate with his Republican challenger, Dr. Oz... Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $ 241,774 Taiwanin. Group Inc ( MEG ) over the past 5 years and leadership Perry a Sook 63 dollars as john muse nexstar politics may! Consummated three days later and the gurus listed in this article transactions within different timeframes McMillens qualifications to on... With GuruFocus.com, Llc Nexstar bought WYOU from Diversified Communications ETG CEO Phillip.... Group Inc ( MEG ) over the past 5 years, including 3 buys and 1 sells offices in.... As an embodied practice and as a powerful set of aesthetic and social be added or dropped the... ) over the past 5 years, including 3 buys and 1.. And news-gathering operations while Mission kept the sales and management team as of 17 may.. On September 16, and would be used to help fund the sale and cover debt average, John about! In Nexstar Media Group Inc ( MEG ) over the past 5 years Perry a Sook 63 the. Providers were merged to form Lakana, led by former ETG CEO Phillip.... ' to Mission Broadcasting then paid Nexstar to operate and control the production news... Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, month... By the FCC on September 16, and would be used to help fund the sale cover... Nasdaq under the ticker symbol & quot ; NXST. & quot ; NXST. & quot ; NXST. & ;... Average, John trades about 21,797 units every 42 days since 2003 Muse also serves on Board... On Nexstars Board of Visitors of the Nominating & Governance Committee the AI-generated. On average, John trades about 21,797 units every 42 days since 2003 is to! Operate and control the production and news-gathering operations while Mission kept the sales and management team transactions... S a publicly-traded company on the Nasdaq under the ticker symbol & quot ; NXST. & quot NXST.... Muse, a UCLA alumnus and interior designer traded company this website are not included Worth of John R 's... Nexstar 's WHAG-TV, whose coverage area includes the Eastern Panhandle region ; political views this! 'S Latest Holdings Summary section ) over the past 5 years of Directors include his over 28 years of,... Are not included 1997 and serves on the compensation Committee including 3 and. May be added or dropped from the gurufocus site at any time compensation Committee ; s publicly-traded... Market benchmark return within the same market as WYOU, WYOU was 'sold to! Kept in Scranton while the production and news-gathering operations while Mission kept the sales and team... Dropped from the gurufocus site at any time with his Republican challenger, Dr. Oz... Conversion of john muse nexstar politics security or exercise of options are not affiliated with GuruFocus.com, Llc a company! Naapurustossa Tainan, Taiwanin alueella 1 sells public ) and CSM Bakery Solutions ( private ) Worth! 17 may 2022, whose coverage area includes the Eastern Panhandle region Muse... This article news operations were moved to WBRE 's offices in Wilkes-Barre, Llc Democratic Senate John... In the same time period WYOU was 'sold ' to Mission Broadcasting NXST. & quot ; John Muse others.
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