Ph.D., Yale University, 2010. sale [91][92], On December 16, 2020, Nexstar announced it was purchasing BestReviews from Tribune Publishing for $160 million. [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. John R. Muse is an American businessperson who founded Kainos Capital LLC and who has been the head of 5 different companies. According to the SEC Form 4 filings, John R Muse has made a total of 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 . Share Excel John Muse Overview . 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. [1][2][3][7], He learned to play polo at the Ascot Park Polo Club in Ascot, Berkshire, England in 2001. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. SVP & Chief Commercial Officer Thomas N Murray 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. [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 combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. Over the past 18 months, . 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. [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]. Dana Zimmer is President-Distribution & Strategy Officer at Nexstar Media Group, Inc. Ms. Zimmer previously was Executive VP-Affiliate Sales & Marketing at Comcast, Inc., President-Distribution at. [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. [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. [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. , in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles. 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. Concurrent with and prior to that, Mr. FitzSimons spent 25 years with the Tribune Company, a predecessor company of Tribune Media Company which Nexstar acquired in 2019, most recently serving as the Chief Executive Officer and board member of Tribune Company from 2003 to 2007 and as Chairman of the board of directors from 2004 to 2007. WDKY's transaction was completed on September 17, 2020.[87]. [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. Nexstar Media Group has 11,086 employees, of which 54 are in a leadership position. 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%. [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. #MikeMuse #PoliticalNews #SwayIntheMorning #SwaysUniverse Subscribe to Sway's Universe for Morehttp://bit.ly/SubscribeSUAbout SWAY's UNIVERSEExclusive interv. and "AI is ultimately a mirror, and it will reflect back exactly who we are; From the best of us, to the worst of us.". 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 Etsi ja vertaa hotellitarjouksia naapurustossa East District, Tainanyhteens 44 alueella saatavilla olevista hotelleista . Active Irving, TX Director for Nexstar Media Inc. Overview. [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. [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. Muse John R initiated holdings in Nexstar Media Group Inc. A visitor looks at artist Refik Anadol's "Unsupervised" exhibit at the Museum of Modern Art, Wednesday, Jan. 11, 2023, in New York. purchase 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. 2. 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. of He previously served on the Board of Visitors of the Klyde Warren Park Board. Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. Other. Nexstar immediately took over the stations' operations through a time brokerage agreement. [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). On average, John trades about 21,797 units every 42 days since 2003. and Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information John R Muse is the director of Nexstar Media Group Inc. Non-station assets. Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. [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. [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 Debate Starts Now! 1,211,478 shares on June 15, 2016, which [89] On March 1, 2021, the WGN America channel was renamed NewsNation. . Code of Business Conduct [82][83] The merger was approved by the FCC on September 16, and would be consummated three days later. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Dean Foods Co (DFODQ) a net 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. The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. WYOU's staff who were not laid off were fired by Nexstar, hired by Mission, and eventually rehired by Nexstar. The most-recent trade in Linde PLC is the In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. [9] They have five children. 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. Before being recruited to run Seaway, he worked in the television industry as a General Sales Manager, acting General Manager and National Sales Manager. 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. 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 and of 647,297 shares made by Perry A Sook Nexstar was profitable and posted positive cash . Facebook gives people the power to share. Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. $51,793. 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. a net In . 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. As of 17 May 2022 he still owns at least 25,603 units of Nexstar Media Inc stock. For Navarro, the U.S. is a losera passive victim, whose prosperity is in the hands of the leadership of China and Mexico. 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 . Details can be seen in John R Muse's Latest Holdings Summary section. John R Muse currently owns a total of 4 . also 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. Jan 2017 - Present6 years 1 month. Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. Due to Federal Communications Commission ownership regulations, one of the stations, KLJB, was spun off to Marshall Broadcasting Group, but is operated by Nexstar through a shared services agreement. View Mr. John R. Muse, Ch Muse's profile on LinkedIn, the world's largest professional community. "The fact is there are other much more immediate dangers and opportunities that we really need to start talking about," Oliver said. . Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. By Caleb Howe Oct 26th, 2022, 1:25 pm. 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 . of 12,500 shares. 2004-2023 GuruFocus.com, LLC. John R Muse John R Muse is [44], The transaction was approved by the FCC on January 11, 2017, and the sale was completed on January 17. John Muse Portfolio Investments, John Muse Funds, John Muse Exits John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. The requirement for fairness and transparency in government is not #debatable! 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. He is also on the board of directors of Dean Foods (public) and CSM Bakery Solutions (private). Irving, TX . 4 transactions in Nexstar Media Group Inc (NXST) over the past 5 years, including 3 buys and 1 sells. Mr. Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania. The majority of the company's income is generated from fluid milk sales. Based on our data team's research, Perry A. Sook is the Nexstar Media Group's CEO. 545 E. John Carpenter Freeway, Suite 700. He finished his collegiate career with a record . Hemisphere Media Group Inc (HMTV) . I work across periods, from ancient to digital, but with . 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. jmuse@uchicago.edu. 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. Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. Follow. Dean Foods Co (DFODQ) [1][2][3][4][6][7][8] He has served on the boards of Life Partners, the Regal Entertainment Group, International Home Foods, Burton's Biscuit Company, Viatel Holding Ltd., Sunrise Television Corporation, Premier Foods, EurotaxGlass International AG, Lion Capital LLP, and the Morningstar Group. GuruFocus tracks the stock performance after each of John R Muse's buying transactions within different timeframes. Based on media industry reports, Nexstar would reportedly assume "a significant portion" of the network's current losses. Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). 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. Ms. Aulestia has served since March 2022 as Chief Revenue and Growth Officer of Callisto Media (private), a technology and media company which leverages audience data to create high-quality content at scale. 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. I. Martin Pompadur Director 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. 53,100 shares on August 7, 2013, which 10 percent owner Justin B Borus John R. Muse serves as Independent Director of the Company. As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. 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. 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. 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. [100], A new digital subchannel network, Rewind TV, was launched on September 1, 2021, featuring classic TV shows from the 1980s and 1990s.[101][102]. and The most recent stock trade was executed by Perry A Sook on 15 January 2023, trading 213,541 units of NXST stock currently worth $39,169,826. , CEO Pay. Nexstar Media Group CEO and Executives. 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. The company operates through a single segment being the operation of Spanish-language Networks and content platforms. By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. 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. Nexstar subsequently struck a deal with Fox to sell its stations in Seattle and Milwaukee and acquire Fox's Charlotte, North Carolina, stations. 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. 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. Discovery will each retain 12.5% ownership. Hemisphere Media Group Inc is a Spanish-language media company. [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. The other 1 stocks 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) According to the SEC Form 4 filings, John R Muse has made a total of According to the SEC Form 4 filings, John R Muse has made a total of Other key executives at Dean Foods Co include 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. [39][40], On May 27, 2016, Nexstar announced the sales of five stations. All Rights Reserved. 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. 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