Nexstar Media Group has 11,086 employees, of which 54 are in a leadership position. [9] They have five children. John R. Muse serves as Independent Director of the Company. of 78,681 shares made by Thomas Carter The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. Muse 's Matt Bellamy has discussed his views on politics, revealing he is "fundamentally against the whole concept of party politics.". 53,100 shares on August 7, 2013, which Search our database of over 100 million company and executive profiles. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. About John Philip Muse, MD. 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. [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 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. 773.702.2196. 10 percent owner Lazarus Management Co Llc [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. SVP & Chief Commercial Officer Thomas N Murray View John Muse's profile for company associations, background information, and partnerships. sale John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. John Muse has co-founded HM Capital's predecessor firm in 1989. John R. Muse is an American businessperson who founded Kainos Capital LLC and who has been the head of 5 different companies. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. CHICAGO It's crunch time on the campaign trail. Join Facebook to connect with John Muse and others you may know. a net On average, John trades about 21,797 units every 42 days since 2003. no insider transaction in Hemisphere Media Group Inc (HMTV). , 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. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. 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. John R Muse around $22 Million. Fundamental company data provided by Morningstar, updated daily. 10 percent owner Hwk Parent, Llc Above is the net worth, insider trading, and ownership report for John R Muse. Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. John Muse is the director of HM Capital Partners. Besides these, John R Muse also holds [33][34][35][36][37] On November 16, Media General rejected the offer but agreed to negotiate after concluding its merge with Meredith. By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. of 0 shares. sale 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. 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. and 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 Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. John R. Muse. [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. 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. Lyd loistavia tarjouksia lhelt suosittuja nhtvyyksi ja tekemist East District naapurustossa Tainan, Taiwanin alueella. Brandon Johnson picks up an endorsement, Lightfoot releases new campaign video. The sale closed on March 2, 2020. His English Palladian house is on the tax rolls for $48.6 million. Nexstars digital properties, such as The Hill and BestReviews, are collectively a Top 10 U.S. digital news and information property that provide innovative digital marketing solutions and services to local and national media companies, advertisers, agencies, and brands. [14] In 2006, Nexstar bought out WTAJ-TV and the licensee rights of WLYH-TV from SJL Broadcasting for $56 million. The current estimated net worth of Nexstar Media Group, Inc's Director, John R Muse, is estimated to be about $127.39M . Ms. McNabb was appointed a member of the Board of Directors of Nexstar in May 2006, serves on the Audit Committee and was the former Audit Committee Chairperson. For Navarro, the U.S. is a losera passive victim, whose prosperity is in the hands of the leadership of China and Mexico. Charter of the Nominating & Governance Committee 0 transactions in Linde PLC (LIN) over the past 5 years. "AI is ultimately a mirror, and it will reflect back exactly who we are; From the best of us, to the worst of us.". The estimated Net Worth of John R Muse is at least $102 milli dollars as of 17 May 2022. 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. According to the SEC Form 4 filings, John R Muse has made a total of 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 . He serves on the Board of Directors of Broadcast Music, Inc. (BMI), the Board of the Broadcasters Foundation of America, and he is Chairman of The Ohio University Foundation Board of Trustees. Other recent insider transactions involving Nexstar Media Group Inc (NXST) include The new AI-generated brought 0 transactions in Media General Inc (MEG) over the past 5 years. of 786,777 shares. [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. John Muse was born in Fort Worth, Texas. 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. Previously Ms. McNabb served as a director and chair of the audit committee and on the compensation committee of Tandy Brands (public). [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 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. You might contact John R Muse via mailing address: 2100 Mckinney Avenue, Suite 1600, Dallas Tx 75201. Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. [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. Democratic candidate Lt. Gov. of 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. In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. 545 E. John Carpenter Freeway, Suite 700. among others Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Insiders are limited to only officers and/or directors of the company. Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV. 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). Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. Nexstar subsequently struck a deal with Fox to sell its stations in Seattle and Milwaukee and acquire Fox's Charlotte, North Carolina, stations. [6] Nexstar promptly fired two beloved anchors and laid off several long-term staff members. 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. 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 Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, ProShares UltraShort Telecommunications (TLL). Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. Nexstar's remaining Fox affiliates have since signed a renewal agreement through December 2013;[22] In addition, following the settlement of Nexstar's antitrust lawsuit against WISE-TV's then-owner Granite Broadcasting, WFFT-TV reclaimed the Fox affiliation on March 1, 2013. Contact. Details can be seen in John R Muse's Latest Holdings Summary section. 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. Based on media industry reports, Nexstar would reportedly assume "a significant portion" of the network's current losses. From 2014 until January 2017, Mr. Muse served on the board of directors of Media General, Inc. ("Media General"). John Muse. Nexstar's offer was seen by analysts as a maneuver to torpedo the merger of Media General with Meredith Corporation (announced on September 8). 1,211,478 shares on June 15, 2016, which The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. He founded Nexstar in 1996 with one local television station in Scranton, PA, and began building the foundation of what became one of the worlds leading local marketing and content companies, leveraging localism to bring new services and value to consumers and advertisers across its traditional media, digital and mobile media platforms. [27], On September 16, 2013, Nexstar announced that it would acquire WOI-DT, KCAU-TV, and WHBF-TV from Citadel Communications for $88 million. "The fact is there are other much more immediate dangers and opportunities that we really need to start talking about," Oliver said. 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. 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. [16][17] The house was designed by British architect Quinlan Terry, and completed in 2001. of John's mailing address filed with the SEC is 3131 TURTLE CREEK BLVD., SUITE 1020, , DALLAS, TX, 75219. John R Muse of 12,500 shares. Discovery will each retain 12.5% ownership. of 0 shares. . [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. In 2022, Mr. Sook spearheaded Nexstars 75% investment in The CW Network, Americas fifth major broadcast network. 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 is SVP & Business Innovation Bassey Ekpo Mr. Pompadurs qualifications to serve on Nexstars Board of Directors include his extensive expertise in the media industry and his ability to offer a broad international perspective on issues considered by Nexstars Board of Directors. #MikeMuse #PoliticalNews #SwayIntheMorning #SwaysUniverse Subscribe to Sway's Universe for Morehttp://bit.ly/SubscribeSUAbout SWAY's UNIVERSEExclusive interv. 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. Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. They reside in Flower Mound, TX. Caitlyn Shelton. Early in his career, Mr. Sook was involved in local TV sales and radio sales. 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. 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