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 Nexstar was profitable and posted positive cash . Muse John R initiated holdings in Nexstar Media Group Inc. 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. Charter of the Audit Committee [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. , In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time period. Ms. Aulestias qualifications to serve on Nexstars Board of Directors include her extensive experience as an operating executive in content and digital businesses which enables her to provide valuable advice on strategic and business matters as it relates to the Companys own content and digital operations and growth plans. of 0 shares. His service on the boards of other public companies allows him to offer a broad perspective on corporate governance, risk management and operating issues facing corporations today. , Ph.D, Yale University, 2010. Tuesday, mayoral candidate Brandon Johnson picked up an . [78][79] A carriage dispute with AT&T resulted in the removal of more than 120 Nexstar stations across 97 markets from AT&T's DirecTV, DirecTV Now and U-verse platforms, which began at 11:59p.m. on July 3, 2019, and ended on August 29, 2019. Muse 's Matt Bellamy has discussed his views on politics, revealing he is "fundamentally against the whole concept of party politics.". [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. 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. sale ABRY helped found Nexstar alongside Perry Sook in 1996 and fully exited its ownership position in the Company in 2013. The most-recent trade in Nexstar Media Group Inc is the The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. ( 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.". [17] President of affiliate sales and marketing for Fox, Mike Hopkins, had said earlier in the year that the network would consider moving its affiliation to another market station as a last resort if existing affiliates did not agree to the terms for reverse compensation retrans sharing.[18]. $51,793. [71][72][73], In spring 2019, Nexstar launched Border Report, a website focusing on news stories from the MexicoUnited States border. There are 12 executives at Nexstar Media Inc getting paid more, with PerrySook having the highest compensation of $16,365,700. of The deal also included contingent value rights for Media General shareholders if it sold spectrum from its stations during the FCC's spectrum incentive auction. 10 percent owner Justin B Borus Education . Charter of the Nominating & Governance Committee 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. [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. the Director of Nexstar Media Group Inc and owns about 2,400 shares of Nexstar Media Group Inc (NXST) stock worth over $446,160. Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles. By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. 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 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. John Muse is the director of HM Capital Partners. [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. Associate Professor. Nexstar Ad Sales Grow More Than 18% in Q3, Political TV Spot Revenue Up 942% Ahead of Midterms. As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. GuruFocus.com is not operated by a broker or a dealer. That single transaction was for US$2.0m worth of shares at a price of US$188 each. See the complete profile on LinkedIn . Teaching at UChicago since 2010. Nexstar Media Group CEO and Executives. In 2020, Mr. Sook oversaw the launch of NewsNation, now Americas fastest growing cable news network, reaching 70 million television homes. and Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. 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 The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. POLITICAL . On average, John trades about 21,797 units every 42 days since 2003. John Muse owns about 9,025 units of Nexstar Media Group, Inc common stock. [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. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The company paid Meredith Corporation (whom Media General had previously proposed a merger with) a termination fee of $60 million and gave Meredith right of first refusal to acquire any broadcast or digital properties that may be divested during the purchase. He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. also John Muse, born and bred Texan and current Chairman of Lucchese Bootmaker, became interested in polo when he moved to England for business in 1998. Lyd loistavia tarjouksia lhelt suosittuja nhtvyyksi ja tekemist East District naapurustossa Tainan, Taiwanin alueella. [10][11][14][15] Other players include Adolfo Cambiaso, Andres Weisz, Jason Crowder, Santiago Torres and Sebastian Merlos.[10][11][15]. and of 647,297 shares made by Perry A Sook Nexstar Media Group owns NewsNation. 10 percent owner Lazarus Investment Partners Lllp [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. , of 1,024,154 shares made by Edenbrook Capital, Llc Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). 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. of have a combined weighting of 0% among all his current holdings. Aired: 12/26/08 Rating: NR Continuous Play: Problems Playing. 0 transactions in Linde PLC (LIN) over the past 5 years. Nexstar Media Group Inc (NXST)'s detailed insider trading history can be found in Insider Trading Tracker table. [44], The transaction was approved by the FCC on January 11, 2017, and the sale was completed on January 17. [89] On March 1, 2021, the WGN America channel was renamed NewsNation. The frontman was asked in a new interview if he found . Nexstar Media Group Inc (NXST) Companies. purchase I work across periods, from ancient to digital, but with . Based on our data team's research, Perry A. Sook is the Nexstar Media Group's CEO. [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. John Muse, HM Capital Partners Season 2 Episode 10 | 26m 39s KERA's Lee Cullum discusses HM Capital Partners with CEO John Muse. [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. All Rights Reserved. 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. 2004-2023 GuruFocus.com, LLC. 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. They reside in Flower Mound, TX. Brandon Johnson picks up an endorsement, Lightfoot releases new campaign video. [41] On June 3, 2016, it was announced that Nexstar would spinoff WBAY-TV in Green Bay, Wisconsin and KWQC-TV in Davenport, Iowa to Gray Television for $270 million. [53] The sale was completed on January 31, 2017. John Muse was born in Fort Worth, Texas. The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners. sale jmuse@uchicago.edu. a net Locations. , a net . 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 finished his collegiate career with a record . , sale Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV. 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. John R Muse 10 percent owner Lazarus Management Co Llc . Early in his career, Mr. Sook was involved in local TV sales and radio sales. 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. [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). According to the SEC Form 4 filings, John R Muse has made a total of [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. and By Caleb Howe Oct 26th, 2022, 1:25 pm. 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. Nexstar stated that these divestitures would be used to help fund the sale and cover debt. John R. Muse serves as Independent Director of the Company. [5] [6] [7] [8] [12] Career [ edit] From 1980 to 1984, he served as Senior Vice President and a Director of Schneider, Bernet & Hickman in Dallas. John R Muse around $2 Million. [4] The first television station bought by Nexstar was WYOU in Scranton, Pennsylvania. Of those stations, only WPIX was not associated with a duopoly, but rather its Other key executives at Nexstar Media Group Inc include 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. Nexstar planned to divest some stations and "non-core" assets as part of the merger. Nexstar Media Group has 11,086 employees, of which 54 are in a leadership position. Please check the article again after few days. Hosting a debate for the "benefit" of voters or the general "public good" is a great idea, but the "debate" being . 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. Nexstar Broadcasting Group logo (19962006), Nexstar Broadcasting Group logo (20062017), 20112013: Retransmission consent dispute with Fox, List of stations owned or operated by Nexstar Media Group, "Nexstar Media Group, Inc. (NXST) Ownership Summary", "Local TV Stations Cut Costs by Sharing News Operations", "Nexstar Broadcasting Group, Inc. WDKY's transaction was completed on September 17, 2020.[87]. of His English Palladian house is on the tax rolls for $48.6 million. Nexstar Media Group's PAC, for instance, has steadily ramped up its spending on political causes from 2014, with $27,100 spent that year, $95,700 spent in 2016 and $196,500 in 2018. [88] The program launched September 1, 2020. 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. Total Compensation. 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. Mr. Grossman currently serves as Managing Partner and Co-Chief Executive Officer at ABRY Partners, LLC (ABRY), a private equity fund focused on media, communications, business and information services, which he joined in 1996. 310 Partners, a private investment firm average, John trades about 21,797 every! Over the past 5 years across periods, from ancient to digital but! Of the merger Play: Problems Playing, Texas as the Nexstar Broadcasting Group on June,. 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