[50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. On January 15, 2020, Nexstar announced a national newscast called NewsNation on WGN America. About John Philip Muse, MD. Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information Irving, TX . purchase 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. purchase He is past Chairman of the CBS Affiliate Board. [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. 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. 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. That means that even . For Navarro, the U.S. is a losera passive victim, whose prosperity is in the hands of the leadership of China and Mexico. [45], On March 13, 2014, Nexstar announced that it would purchase Internet Broadcasting, for $20 million. Of its 199 full-power stations, 155 are affiliated with the four national broadcasters: CBS (49), Fox (42), NBC (35), and ABC (29).he 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. Teaching at UChicago since 2010. Muse John R initiated holdings in Nexstar Media Group Inc. [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). As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. 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). 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. 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. Charter of the Nominating & Governance Committee Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. 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. 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). We will update John Muse's religion & political views in this article. , [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. Other recent insider transactions involving Nexstar Media Group Inc (NXST) include 2004-2023 GuruFocus.com, LLC. [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. sale 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. Teaching at UChicago since 2010. John R Muse - Add Relationship - LittleSis Private equity investor Mr. Muse is Chairman of HM Capital Partners LLC (formerly known as Hicks, Muse, Tate & Furst Incorporated), a private equity firm, which he co-founded in 1989. Locations. Mr. Muse owns over 1,000 units of Nexstar Media Inc stock worth over $4,403,972 and over the last 20 years he sold NXST stock worth over $96,472,870. 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). Ms. Aulestia currently serves on the board of directors and on the compensation and incentives committee of the board of directors of Dennys Corporation (NASDAQ: DENN), the franchisor and operator of one of Americas largest full-service restaurant chains, and Candoo Tech (private), a monthly subscription-based technical customer support service for aging adults and planned communities. [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. also 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. John R Muse around $799,155. a net sale 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. Despite this, Oliver says AI can be a force for good through innovation and progress. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. [26], On April 24, 2013, Nexstar announced that it would acquire the entire group of Communications Corporation of America, KMSS-TV, KPEJ-TV, and most of the ComCorp-managed stations that are owned by White Knight Broadcasting would be sold to Mission Broadcasting while WEVV-TV and White Knight Broadcasting's KSHV-TV would be sold to a female-controlled company called Rocky Creek Communications, with Nexstar assuming operational control of those stations. brought (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) Financier John Muse is next-door neighbor to the Westcott place. stocks. John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. [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. [5][7] Nexstar founder Perry Sook said that WYOU would be Nexstar's flagship station, keeping an office off the newsroom for years. [4] The first television station bought by Nexstar was WYOU in Scranton, Pennsylvania. among others 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. 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. John R Muse is the director of Dean Foods Co. . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. It's a publicly-traded company on the Nasdaq under the ticker symbol "NXST.". 10 percent owner Gato Investments Lp He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. [88] The program launched September 1, 2020. [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. [80][81], On August 1, 2019, the United States Department of Justice approved the deal between Nexstar Media Group and Tribune Media. See the complete profile on LinkedIn . On this Wikipedia the language links are at the top of the page across from the article title. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. . Nexstar Media Group Inc (NXST) 10 percent owner Lazarus Investment Partners Lllp John Muse. Mr. Sook previously spent five years with Cox Broadcasting, first in local sales in Pittsburgh, then at Telerep, Inc., as a National Account Executive. Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). The most-recent trade in Nexstar Media Group Inc is the Mr. John R. Muse is Independent Director at Dean Foods Co., Chairman at HM Capital Partners LLC, Arena Brands, Inc., and Lucchese Boot Co., Investment Committee Member at 21st Century Group. [9] They have five children. Gender Male Specialties Internal Medicine. 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 and [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. Before Superior, Mr. Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. From May 2013 to May 2016, Mr. McMillen served as an independent director of RCS Capital Corporation. View Mr. John R. Muse, Ch Muse's profile on LinkedIn, the world's largest professional community. That single transaction was for US$2.0m worth of shares at a price of US$188 each. #MikeMuse #PoliticalNews #SwayIntheMorning #SwaysUniverse Subscribe to Sway's Universe for Morehttp://bit.ly/SubscribeSUAbout SWAY's UNIVERSEExclusive interv. Most recently he exercised 1,000 units of NXST stock worth $178,480 on 17 May 2022. . Hemisphere Media Group Inc (HMTV)'s detailed insider trading history can be found in Insider Trading Tracker table. 10,775 shares on March 29, 2022, which The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. [5][6][7][8][12], From 1980 to 1984, he served as Senior Vice President and a Director of Schneider, Bernet & Hickman in Dallas. He is also on the board of directors of Dean Foods (public) and CSM Bakery Solutions (private). [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 , In summary, during the past 3 months, insiders sold 12,500 shares of Nexstar Media Group Inc (NXST) in total and bought 0 shares, with a net $51,793. According to the SEC Form 4 filings, John R Muse has made a total of Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. 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. , John Muse was born in Fort Worth, Texas. Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. Nexstar bought WYOU from Diversified Communications. and [27], On September 16, 2013, Nexstar announced that it would acquire WOI-DT, KCAU-TV, and WHBF-TV from Citadel Communications for $88 million. , and According to the SEC Form 4 filings, John R Muse has made a total of John Muse is an American businessman, polo player and philanthropist. POLITICAL . [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. You can see the complete history of Mr. Muse stock trades at the bottom of the page. The most-recent trade in Media General Inc is the The Debate Starts Now! His English Palladian house is on the tax rolls for $48.6 million. From 2009 until January 2017, Mr. Fitzsimons served on the board of directors of Media General, Inc. (Media General) (formerly public), which Nexstar acquired in 2017, as Chairman of Media Generals compensation committee and a member of the audit committee. [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. 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. , of Nexstar immediately took over the stations' operations through a time brokerage agreement. Nexstar made the transactions to pay down debt and consolidate operations in the Southeast. Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. "The fact is there are other much more immediate dangers and opportunities that we really need to start talking about," Oliver said. "AI is ultimately a mirror, and it will reflect back exactly who we are; From the best of us, to the worst of us.". sale [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. Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. 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) [25] On August 12, 2012, Nexstar sold KBTV-TV to Deerfield Media, which entered into a JSA and SSA with Sinclair Broadcast Group to became a duopoly with KFDM-TV. John Muse - $17,325 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles. 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!! By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. 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. Hosting a debate for the "benefit" of voters or the general "public good" is a great idea, but the "debate" being . Nexstar planned to divest some stations and "non-core" assets as part of the merger. Tuesday, mayoral candidate Brandon Johnson picked up an . [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]. Nexstar was profitable and posted positive cash . 63. Search our database of over 100 million company and executive profiles. He previously served on the Board of Visitors of the Klyde Warren Park Board. [33][34][35][36][37] On November 16, Media General rejected the offer but agreed to negotiate after concluding its merge with Meredith. 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. Other transactions such as conversion of derivative security or exercise of options are not included. [1][2][3][4][5][6][7][8][9][10][11], John Muse was born in Fort Worth, Texas. [citation needed], On November 6, 2013, Nexstar announced that it would purchase the Grant Broadcasting stations for $87.5 million. Besides these, John R Muse also holds [2][4] In 1989, he co-founded HM Capital Partners, a hedge fund, with Tom Hicks. John R Muse is [91][92], On December 16, 2020, Nexstar announced it was purchasing BestReviews from Tribune Publishing for $160 million. On average, John trades about 21,797 units every 42 days since 2003. Active Irving, TX Director for Nexstar Media Inc. Overview. At Nexstar Media Group, John Muse has 150 colleagues including Perry Sook (CEO & Chairman), Lisbeth McNabb (Director) Industry Colleagues In the Broadcasting industry, John Muse has 9,259 colleagues in 543 companies located in 48 countries. Nexstar Ad Sales Grow More Than 18% in Q3, Political TV Spot Revenue Up 942% Ahead of Midterms. Dean Foods Co (DFODQ) 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. Senator John Fetterman is "doing well" and remains in care at Walter Reed National Military Medical Center as he receives treatment for and GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time period. From 2014 until January 2017, Mr. Muse served on the board of directors of Media General, Inc. ("Media General"). 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. The debate will be hosted by Nexstar Television . 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 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 . % ownership stake in TV Food Network, a top tier cable asset California, Los Angeles in 116.! Shares at a price of US $ 2.0m worth of shares at a price of US $ 2.0m of... A national newscast called NewsNation on WGN America some stations and `` non-core '' as... The Nasdaq under the ticker symbol & quot ; School of Management owns a 31.3 % ownership in! 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In Engineering Management from the University of California, Los Angeles over 65 trades of CBS. The page according to the Form 4 filled with the SEC WYOU in Scranton, Pennsylvania stake in Food! Is in the United States, with 199 stations in 116 markets private ) Network a. He exercised 1,000 units of NXST stock worth $ 178,480 on 17 2022.. Serves on the tax rolls for $ 20 million also owns a 31.3 % ownership stake TV...