Follow. Mr. Grossman has served on the board of directors of a wide variety of companies including Atlantic Broadband, Caprock Communications, Consolidated Theaters, Cyrus One Networks, Donuts, Executive Health Resources, Grande Communications, Hosted Solutions, Monitronics International, Q9 Networks, RCN Telecom Services, Sidera Networks and WideOpenWest Holdings. Above is the net worth, insider trading, and ownership report for John R Muse. [10], In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations). Published Oct 25, 2022. 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. [8], On January 12, 1998, Nexstar acquired three stations owned by the U.S. Broadcast Group, including KFDX-TV, KBTV-TV, and KSNF, for $64.3 million. 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 . To be detailed, the average return of stocks after 3 months bought by John R Muse is 8.48%. His service on the boards of public companies allows him to offer a broad perspective on corporate governance, risk management and operating issues facing corporations today. John R Muse around $22 Million. [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. Use the CB Insights Platform to explore John Muse's full profile. The division's portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. 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. CHICAGO It's crunch time on the campaign trail. 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. Previously Ms. McNabb served as a director and chair of the audit committee and on the compensation committee of Tandy Brands (public). View the profiles of people named John Muse. It's a publicly-traded company on the Nasdaq under the ticker symbol "NXST.". [30] The sale was completed on December 1, 2014. Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. sale You might contact John R Muse via mailing address: 2100 Mckinney Avenue, Suite 1600, Dallas Tx 75201. Nexstar Media Group Inc (NXST)'s detailed insider trading history can be found in Insider Trading Tracker table. Rosenwald 415D. Nexstar Media Group owns NewsNation. For its 2021 fiscal year, NEXSTAR MEDIA GROUP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. WYOU's staff who were not laid off were fired by Nexstar, hired by Mission, and eventually rehired by Nexstar. [32], On September 28, 2015, Nexstar announced that it presented an unsolicited offer to buy Media General for $4.1 billion (including debt). The company also accused Nexstar of using the divestiture of stations to a minority-owned broadcaster as a token to gain FCC approval for the associated acquisitions. [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 Muse is the director of HM Capital Partners. GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time period. Nexstar subsequently struck a deal with Fox to sell its stations in Seattle and Milwaukee and acquire Fox's Charlotte, North Carolina, stations. [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. . a net Connections. [5][7] Nexstar founder Perry Sook said that WYOU would be Nexstar's flagship station, keeping an office off the newsroom for years. He has over 25 years of experience in private equity and is currently the chair of the Lucchese, Inc. and Free Flow Wines, a leading packaging and logistics company serving the wine on tap segment. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Mr. McMillen was appointed a member of the Board of Directors of Nexstar in July 2014 and serves on the Nominating and Corporate Governance Committee. 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. 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. Associate Professor. Total Compensation. 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. The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. 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). The combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. , 10 percent owner Hwk Parent, Llc 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. of 12,500 shares. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. SVP & Business Innovation Bassey Ekpo His solution, much like Trump's, is for the U.S. to threaten to . 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. Hemisphere Media Group Inc is a Spanish-language media company. A visitor looks at artist Refik Anadol's "Unsupervised" exhibit at the Museum of Modern Art, Wednesday, Jan. 11, 2023, in New York. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. [42][43], On June 13, 2016, Nexstar announced that it would sell WFFT in Fort Wayne, Indiana; KQTV in St. Joseph, Missouri; KIMT in Rochester, Minnesota; WTHI-TV in Terre Haute; and WLFI in Lafayette, Indiana to Heartland Media, through its USA Television MidAmerica Holdings joint venture with MSouth Equity Partners, for $115 million. Other key executives at ProShares UltraShort Telecommunications include According to the SEC Form 4 filings, John R Muse has made a total of 4 transactions in Nexstar Media Group Inc (NXST) over the past 5 years, including 3 buys and 1 sells. Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. the Director of Linde PLC and owns about 3,206,424 shares of Linde PLC (LIN) stock worth over $1.1 Billion. 10 percent owner Justin B Borus He is past Chairman of the CBS Affiliate Board. Other key executives at Nexstar Media Group Inc include Median Employee Pay. 53,100 shares on August 7, 2013, which [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. From 2018 to 2019 Ms. Aulestia was President, Global Distribution and from 2015 to 2018 was Executive Vice President, Global Distribution at HBO, the premium programming subsidiary of WarnerMedia. It is built in the Neo-Palladian style. The Debate Starts Now! The company is the largest television station owner in the United States, owning 197 television stations across the U.S., most of which are affiliates with the four "major" U.S. television networks, and MyNetworkTV. Following the candidate debate between Republican Mehmet Oz and Democrat John Fetterman on Tuesday, a spokesman for the Fetterman campaign said the candidate . [1][10][14] He is also Chairman of the Board of Kainos Capital and Arena Brands. The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. 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. Based on ownership reports from SEC filings, as the reporting owner, John R Muse owns 4 companies in total, including In 2017, Ms. McNabb was interim Chief Financial Officer for Illuminate Education and from 2012 to 2015 was Founder of DigiWorksCorp, a digital and data analytics SaaS company for retail and enterprise companies. From 2014 until January 2017, Mr. Muse served on the board of directors of Media General, Inc. (Media General). Charter of the Audit Committee 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). [86] The company's founder, Perry Sook, had once been a principal of Superior Communications, who owned the WDKY property, making the sale to Nexstar a homecoming of sorts. , The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. . John R Muse is the 10 percent owner of ProShares UltraShort Telecommunications. Oz and Fetterman will face off at 8 p.m. Tuesday in Harrisburg in the first and only debate ahead of the Nov. 8 general election. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. [16][17] The house was designed by British architect Quinlan Terry, and completed in 2001. WASHINGTON, D.C. (WHTM) - Pennsylvania U.S. 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. 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. 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. also Among these stocks, She is an expert at driving finance, strategy, operations, data analytics and revenue strategies at the high growth scaling inflection stage. of 0 shares. According to the SEC Form 4 filings, John R Muse has made a total of You can select different timeframes to see how John R Muse's insider trading performs compared to the benchmark. 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.). ( NewsNation) After Pennsylvania Senate candidate John Fetterman had difficulty speaking during his highly anticipated debate with Mehmet Oz, the stroke survivor's campaign blamed the caption system provided for him as being "delayed" and "filled with errors.". Nexstar was profitable and posted positive cash . 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. Facebook gives people the power to share. John R. Muse is an American businessperson who founded Kainos Capital LLC and who has been the head of 5 different companies. 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. of 0 shares. From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, an NYSE publicly traded company. [10][11][14][15] Other players include Adolfo Cambiaso, Andres Weisz, Jason Crowder, Santiago Torres and Sebastian Merlos.[10][11][15]. Other transactions such as conversion of derivative security or exercise of options are not included. That single transaction was for US$2.0m worth of shares at a price of US$188 each. Muse CV. Past performance is a poor indicator of future performance. [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. Mr. Sook was previously a member of the Board of Directors of the Television Bureau of Advertising (TVB), where he also served as Chairman. the Director of Media General Inc and owns about 10,174,110 shares of Media General Inc (MEG) stock worth over $208 Million. Aired: 12/26/08 Rating: NR Continuous Play: Problems Playing. [54], On August 1, 2018, Nexstar bought out KRBK in Springfield from Koplar Communications for $16.45 million, and also bought out WHDF in Huntsville from Lockwood Broadcast Group for $2.25 million. [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. 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. There are 1 older and 25 younger executives at Nexstar Media Inc. Over the past 18 months, also During his career, he has been an active investor, principal and board member in companies in the cellular, paging, healthcare, motorcycle, environmental technology, broadcasting, real estate and insurance industries. of Teaching at UChicago since 2010. Hemisphere Media Group Inc (HMTV) Based on our data team's research, Perry A. Sook is the Nexstar Media Group's CEO. He finished his collegiate career with a record . Non-station assets. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol NXST. [27], On September 16, 2013, Nexstar announced that it would acquire WOI-DT, KCAU-TV, and WHBF-TV from Citadel Communications for $88 million. in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles. . John R Muse is the director of Nexstar Media Group Inc. This began the first-ever 'shared-services' agreement between stations. [4] The first television station bought by Nexstar was WYOU in Scranton, Pennsylvania. 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. Early in his career, Mr. Sook was involved in local TV sales and radio sales. [2] From 1984 to 1989, he directed the headed the investment banking activities of Prudential Securities for the Southwestern United States market. As one of the nations leading providers of local news, entertainment, sports, lifestyle, and network programming, Nexstar produces and distributes nearly 300,000 hours of original video content each year. [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). The two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. Active Irving, TX Director for Nexstar Media Inc. Overview. the Director of Nexstar Media Group Inc and owns about 2,400 shares of Nexstar Media Group Inc (NXST) stock worth over $446,160. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Nexstar Media Group Inc (NXST) John R Muse Hemisphere generates revenue from the sale of advertising and broadcasting. Prior to that from 1998 through 2008, Mr. Pompadur worked for News Corporation in a variety of positions including Executive Vice President of News Corporation, President of News Corporation Eastern and Central Europe, as a member of News Corporations Executive Management Committee and as Chairman of News Corp. Europe. [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. , The Broadcasting Division operates, programs, or provides sales and other services to 198 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC's UHF discount). John Fetterman and Republican Pennsylvania Senate candidate Dr. Mehmet Oz shake hands prior to the Nexstar Pennsylvania Senate at WHTM abc27 in Harrisburg, Pa., on . Discovery will each retain 12.5% ownership. sale Profile", "Ex-Anchor Sues Over Her Firing Debbie Dunleavy Worked At Local TV Station From 1978 To 1996", "Nexstar Broadcasting Completes Acquisition of Quorum Broadcast Holdings", "Press Release of Nexstar Broadcasting Group, Inc", "Fox Inks New Affiliation Agreements, Scraps Others", "Fox Moves Afills In Springfield, Ft. Wayne", "Nexstar's WFXW Switching From Fox To ABC,", "Nexstar Drops Fox For ABC In Terre Haute", "Nexstar, Granite Settle Antitrust Lawsuit, Returning Fox Affiliation to Fort Wayne's WFFT", "Nexstar's WFFT Fort Wayne Back in Fox Fold", "Newport Sells 22 Station For $1 Billion", "Application For Consent To Assignment Of Broadcast Station Construction Permit Or License", "Nexstar, Mission Buy 19 Stations For $270M", "Nexstar to Acquire Citadel's Iowa Stations for $88 Million", "Nexstar buys WOI, other Citadel TV stations in Iowa", "Nexstar to Acquire Seven Grant Stations For $87.5 Million", "Application For Consent To Assignment Of Broadcast Station Construction Permit Or License (KVMY)", "Nexstar Offers $4.1 Billion For Media General", "UPDATE 3-Broadcaster Nexstar offers to buy Media General in $4.1 bln deal", "Nexstar Broadcasting Proposes To Acquire Media General Nexstar Broadcasting", "Nexstar Offers to Buy Media General for $1.85 Billion", "Business: Washington Post Business Page, Business News", "Media General Rejects Nexstar's $1.9B Offer, But Agrees To Talk", "Nexstar-Media General: It's A Done Deal", "Nexstar Clinches Deal to Acquire Media General", "Nexstar Selling Five Stations in Four Markets", "Gray Buying Two Nexstar Spinoffs For $270M", "Gray Buys Nexstar Stations in Green Bay, Davenport", "Prather Buys 5 TVs From Nexstar-Media Gen", "Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, The Nation's Second Largest Television Broadcaster", "Fox Stations Moving to WorldNow Platforms", "Nexstar Rolls Up Its 3 CMS Units Into Lakana", "Nexstar Buys Internet Broadcasting Systems", "Nexstar Broadcasting Acquires Yashi, Leading Local Digital Video Advertising and Programmatic Technology Company, for $33 Million in Accretive Transaction", "Nexstar Broadcasting Enters Into Definitive Agreements to Acquire Two Stations in Accretive Transactions for $19.45 Million", "Local TV stations connected after purchase", "Nexstar's Goes For Three In Ozark's Queen City", "Station Trading Roundup: 1 Deal, $16.5M", "Nexstar Announces Acquisition of Two Stations for $19.45 Million", "Possible Bidding War Emerges for Tribune Media", "In Fox Bid for Tribune, a Return to Erratic Murdoch Deal Making", "21st Century Fox and Blackstone Said to Be Interested in Buying Tribune Media", "Reports: Fox News owner joins race to buy Tribune Media", "Sinclair Broadcast to buy Tribune Media in $3.9 billion deal", "Report: Nexstar may eye bid for Tegna in stations buyout", "Bidding War for Tribune Media Taking Shape", "Nexstar is leading bidder for TV-station giant Tribune Media", "Nexstar Reaches Deal to Buy Tribune Media for $4.1 Billion", "Nexstar Announces Deal To Buy Tribune for $6.4B", "Nexstar to buy Tribune Media, becoming the largest US TV station operator", "Nexstar Confirms $4.1B Tribune Media Acquisition To Become Leading Local TV Station Owner", "Scripps, Tegna to Buy 19 Nexstar Stations", "Nexstar Sells Off TV Stations Worth $1.3B, Including New York's WPIX", "Indianapolis native buys WISH-TV and WNDY-TV for $42.5 million", "Marshall Broadcasting Group claims Nexstar 'undermined' prospects in new suit", "Nexstar Accused of Sabotaging Black-Owned TV Station Group", "Nexstar stations blacked out on AT&T DirecTV and U-verse amid contract dispute", "AT&T And Nexstar Settle Carriage Dispute That Blacked Out Stations In 97 Markets", "Justice Department approves Nexstar deal for Tribune Media", "Tribune Media - Nexstar merger one step closer after DOJ approval", "Tribune Media sale to Nexstar approved by FCC; WGN-Ch. 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