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. market size (an outright acquisition under current FCC rules would cause Nexstar to exceed the 39 percent cap). 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. Charter of the Nominating & Governance Committee Previously Ms. McNabb served as a director and chair of the audit committee and on the compensation committee of Tandy Brands (public). The majority of the company's income is generated from fluid milk sales. of 0 shares. Then, in 2021, Nexstar nabbed political news . Muse CV. [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). In 2022, Mr. Sook spearheaded Nexstars 75% investment in The CW Network, Americas fifth major broadcast network. The estimated Net Worth of John R Muse is at least $102 milli dollars as of 17 May 2022. POLITICAL . Rosenwald 415D. [74], On March 20, 2019, Nexstar announced that it would divest 19 stations to the E. W. Scripps Company and Tegna Inc. for a total sum of $1.32 billion, with Scripps receiving eight stations (WPIX, WSFL-TV, WTKR and WGNT, WTVR-TV, WXMI, KSTU, and KASW), and Tegna eleven (WATN-TV and WLMT, WTIC-TV and WCCT-TV, WOI-DT and KCWI, WNEP, WPMT, WQAD-TV, WZDX, and KFSM-TV). The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. , Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. Other key executives at Dean Foods Co include also 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 . Stock quotes provided by InterActive Data. Facebook gives people the power to share. On average, John trades about 21,797 units every 42 days since 2003. Ms. McNabs qualifications to serve on Nexstars Board of Directors include her leadership skills in entrepreneurial and executive roles in media, digital and technology companies. Insiders are limited to only officers and/or directors of the company. , among others $51,793. Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information 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. [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. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. In turn, it also announced that it would sell its duopoly of Seattle-based KCPQ and KZJO (along with Milwaukee-based WITI) to FTS in a separate deal worth $350 million. During the past 18 months, 0 shares of Dean Foods Co (DFODQ) were sold and 0 shares were bought by its insiders, resulting in a net Mr. FitzSimons currently serves as Chairman of the Robert R. McCormick Foundation (non-profit), a charitable organization with extensive assets where he has held his position since 2004. Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. 773.702.2196. EVP & Chief Revenue Officer Michael Strober , 10 percent owner Gemini Latin Holdings, Llc , John Muse is an American businessman, polo player and philanthropist. Non-station assets. This began the first-ever 'shared-services' agreement between stations. John Muse. The largest trade he's ever made was selling 1,211,478 units of Nexstar Media Inc stock on 14 June 2016 worth over $21,733,915. 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 Nexstar was profitable and posted positive cash . Based on media industry reports, Nexstar would reportedly assume "a significant portion" of the network's current losses. . 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!! The company took over the stations' non-license assets under a time brokerage agreement in December 2015 pending the formal completion of the deal, expected in late 2016. of 786,777 shares. [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. , Homes - Celebrity - Business Links: www.homesoftherich.net By: kenny1 Nexstar Media Group CEO and Executives. Senator John Fetterman is "doing well" and remains in care at Walter Reed National Military Medical Center as he receives treatment for 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. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). a net John R Muse [9] They have five children. John R. Muse serves as Independent Director of the Company. 2004-2023 GuruFocus.com, LLC. , The sale closed on March 2, 2020. Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. [30] The sale was completed on December 1, 2014. Hemisphere Media Group Inc (HMTV)'s detailed insider trading history can be found in Insider Trading Tracker table. The requirement for fairness and transparency in government is not #debatable! Previously, Mr. Pompadur served on the boards of IMAX Corporation, ABC, Inc., Ziff Corporation, News Corporation Europe, Sky Italia, News Out of Home, Balkan Bulgarian, BSkyB, Metromedia International Group, Elong, Seatwave Limited, Linkshare Corporation and Truli Media Group. Muse also backstopped for BC's Hockey East regular-season championship in 2010, as well as Beanpot Tournament and Hockey East tournament championships in 2008, 2010, and 2011. 10,775 shares on March 29, 2022, which Nexstar planned to divest some stations and "non-core" assets as part of the merger. 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. sale I. Martin Pompadur Director [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. John R Muse is [citation needed] In 1998, Nexstar purchased WBRE-TV in Wilkes-Barre, Pennsylvania. [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. Dean Foods Co (DFODQ) From June 1998 to February 1999, Mr. Armstrong was Chief Operating Officer and a director of Capstar Broadcasting Corporation, which merged with AMFM in July 1999. Geoff Armstrong was appointed a member of the Board of Directors of Nexstar in November 2003, serves as the Chairman of the Audit Committee and was the former Chairman of the Compensation Committee and as the Chairman of the Audit Committee prior to Ms. McNabbs tenure as Audit Committee Chairperson. [14] In 2006, Nexstar bought out WTAJ-TV and the licensee rights of WLYH-TV from SJL Broadcasting for $56 million. Over the past 18 months, John R Muse is Mr. FitzSimons was appointed a member of the Board of Directors of Nexstar in January 2017 and serves on the Audit Committee. (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) [82][83] The merger was approved by the FCC on September 16, and would be consummated three days later. In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. Above is the net worth, insider trading, and ownership report for John R Muse. Use the CB Insights Platform to explore John Muse's full profile. [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. In summary, during the past 3 months, insiders sold 0 shares of Dean Foods Co (DFODQ) in total and bought 0 shares, with a net [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. the Director of Nexstar Media Group Inc and owns about 2,400 shares of Nexstar Media Group Inc (NXST) stock worth over $446,160. John R Muse made Mr. Pompadur currently serves as a member of the board of directors of Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), Director of Troika Media Group, Inc. (NASDAQ: TRKA), Director of Golden Falcon Acquisition Corp. (NYSE: GFX), Chairman of Metan Global Entertainment (private), and Director of RP Coffee Ventures (private). and SVP & Business Innovation Bassey Ekpo EVP & Chief Financial Officer Lee Ann Gliha Mr. Muse's qualifications to serve on Nexstar's Board of Directors include his investing, financial and leadership skills in entrepreneurial and executive roles in a wide range of industries in which he has invested directly and indirectly. [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. He is past Chairman of the CBS Affiliate Board. Ph.D., Yale University, 2010. 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. . The current estimated net worth of Nexstar Media Group, Inc's Director, John Muse, is estimated to be about $127.46M . jmuse@uchicago.edu. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. The most-recent trade in Media General Inc is the During the past 18 months, 786,777 shares of Nexstar Media Group Inc (NXST) were sold and 0 shares were bought by its insiders, resulting in a net of 0 shares. and John R Muse Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. of . According to the SEC Form 4 filings, John R Muse has made a total of Dallas, TX, based Investment company Muse John R buys Nexstar Media Group, sells Media General during the 3-months ended 2017-03-31, according to the most recent filings of the investment company . [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. There are 12 executives at Nexstar Media Inc getting paid more, with PerrySook having the highest compensation of $16,365,700. Nexstar Media Group owns NewsNation. MUSE, JOHN R DALLAS, TX 75219: Nexstar Media Group, Inc./Nexstar Media Group, Inc./Director: $5,000: 02/20/2019: P: NEXSTAR BROADCASTING GROUP INC. 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. Dean Foods Company is a food and beverage company based in the United States. About John Philip Muse, MD. Presently, he is Chairman of Free Flow Wines LLC, Investment Committee Member at 21st Century Group LLC and Chairman at Lucchese Boot Co., Inc. John R. Muse is also on the board of 5 other companies. The frontman was asked in a new interview if he found . Other key executives at Hemisphere Media Group Inc include the Director of Media General Inc and owns about 10,174,110 shares of Media General Inc (MEG) stock worth over $208 Million. Nexstar Media Group Inc (NXST)'s detailed insider trading history can be found in Insider Trading Tracker table. sale Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. SVP & Chief Commercial Officer Thomas N Murray That single transaction was for US$2.0m worth of shares at a price of US$188 each. Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. [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. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. [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. WASHINGTON, D.C. (WHTM) - Pennsylvania U.S. of 647,297 shares made by Perry A Sook Mini Bio (1) John R. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. [1][2][3][4][5][6][7][8][9][10] He moved to London in 1998 to expand the hedge fund in the European market. The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. Jay M. Grossman was appointed a member of the Board of Directors of Nexstar in 1997 and serves on the Compensation Committee. [52] On November 17, 2015, Nexstar announced its intent to purchase West Virginia Media Holdings' stations (WOWK-TV in Charleston, WBOY-TV in Clarksburg, WVNS-TV in Ghent, and WTRF-TV in Wheeling) for $130 million. [2] From 1984 to 1989, he directed the headed the investment banking activities of Prudential Securities for the Southwestern United States market. Executive Summary. Gurus may be added or dropped from the GuruFocus site at any time. 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. [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. john muse political affiliation https://iccleveland.org/wp-content/themes/icc/images/empty/thumbnail.jpg 150 150 ICC ICC https://iccleveland.org/wp-content/themes/icc . View Mr. John R. Muse, Ch Muse's profile on LinkedIn, the world's largest professional community. 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 . Ph.D, Yale University, 2010. 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 . Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. His English Palladian house is on the tax rolls for $48.6 million. 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. The Debate Starts Now! Only the transactions in Open Market or Private Sale at the market prices are included. The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. GuruFocus.com is not operated by a broker or a dealer. He is also on the board of directors of Dean Foods (public) and CSM Bakery Solutions (private). Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. [46][47][48][49] On October 23, 2014, Nexstar bought out KASW in Phoenix from SagamoreHill Broadcasting and Meredith Corporation, and it was completed on January 30, 2015. 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 . [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. Despite this, Oliver says AI can be a force for good through innovation and progress. Brandon Johnson picks up an endorsement, Lightfoot releases new campaign video. [28] The deal followed Phil Lombardo's decision to "slow down," as well as a desire by Lynch Entertainment to divest its investments in WOI and WHBF; Citadel would continue to own KLKN, WLNE-TV, and its Sarasota properties. The Independent Director, John Muse, made the biggest insider sale in the last 12 months. Mr. Sook was named the 2009 Broadcaster of the Year by Broadcasting and Cable (B&C) and was among the honorees inducted into the B&C Hall of Fame in 2014. Muse Family Enterprises. 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. Represent a recommendation to buy or sell a security agreement between stations traders include Royce Yudroff, Broadcast Ii... Requirement for fairness and transparency in government is not operated by a or... 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