of 1,894,376 shares. . Then, in 2021, Nexstar nabbed political news . Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. [9] They have five children. About John Philip Muse, MD. [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. Above is the net worth, insider trading, and ownership report for John R Muse. On this Wikipedia the language links are at the top of the page across from the article title. [1][2][3][4][5][6][7][8][9][10][11], John Muse was born in Fort Worth, Texas. View the profiles of people named John Muse. the Director of Linde PLC and owns about 3,206,424 shares of Linde PLC (LIN) stock worth over $1.1 Billion. [32], On September 28, 2015, Nexstar announced that it presented an unsolicited offer to buy Media General for $4.1 billion (including debt). 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. 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. 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. Mr. Sook previously spent five years with Cox Broadcasting, first in local sales in Pittsburgh, then at Telerep, Inc., as a National Account Executive. the Director of Nexstar Media Group Inc and owns about 2,400 shares of Nexstar Media Group Inc (NXST) stock worth over $446,160. , 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. , a net She is an expert at driving finance, strategy, operations, data analytics and revenue strategies at the high growth scaling inflection stage. The oldest executive at Nexstar Media Group Inc is I. MartinPompadur, 84, who is the Independent Director. Nexstar was profitable and posted positive cash . and The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners. . On average, Nexstar Media Inc executives and independent directors trade stock every 12 days with the average trade being worth of $13,073,603. Previously Ms. McNabb served as a director and chair of the audit committee and on the compensation committee of Tandy Brands (public). [2][4] In 1989, he co-founded HM Capital Partners, a hedge fund, with Tom Hicks. (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) 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. SVP & Chief Commercial Officer Thomas N Murray As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. 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) sale According to the SEC Form 4 filings, John R Muse has made a total of From May 2013 to May 2016, Mr. McMillen served as an independent director of RCS Capital Corporation. 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. [11][12][13] Also that year, it purchased KARK-TV and WDHN-TV from Morris Multimedia. New CW network owner Nexstar reported its third-quarter 2022 earnings Tuesday before the bell . The Independent Director, John Muse, made the biggest insider sale in the last 12 months. In summary, during the past 3 months, insiders sold 0 shares of Hemisphere Media Group Inc (HMTV) in total and bought 0 shares, with a net and [33][34][35][36][37] On November 16, Media General rejected the offer but agreed to negotiate after concluding its merge with Meredith. [88] The program launched September 1, 2020. Nexstar stated that these divestitures would be used to help fund the sale and cover debt. the Director of Media General Inc and owns about 10,174,110 shares of Media General Inc (MEG) stock worth over $208 Million. Rosenwald 415D. 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. 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. He previously served as Timios National Corporations (formerly Homeland Security Capital Corporation) Chief Executive Officer and Chairman of the Board from August 2005 and as its President from July 2011 to February 2014. Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV. Follow. John Muse. 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. Contribute. From 1987 through 1993, Mr. McMillen served three consecutive terms in the U.S. House of Representatives representing the 4th Congressional District of Maryland. 10 percent owner Gemini Latin Holdings, Llc Other transactions such as conversion of derivative security or exercise of options are not included. Mr. Pompadur served as Global Vice Chairman, Media and Entertainment at Macquarie Capital from 2009 to 2016. 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. 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. Sen. John Cornyn, R-Texas, told Nexstar that he sent a text message to the West Virginia Democrat on Tuesday morning saying, "Joe, if they don't want you we do." Plane collides with . The company operates through a single segment being the operation of Spanish-language Networks and content platforms. purchase , Director of Graduate Studies; Associate Professor in the Department of English Language and Literature. and of 0 shares. 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. Irving, TX . Prior to HBO, Ms. Aulestia held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody. 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. The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. John R Muse made Facebook gives people the power to share. They reside in Flower Mound, TX. John R Muse owns about 2,400 units of Nexstar Media Group, Inc common stock . CEO Pay Ratio. 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 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. Nexstar Media Group owns NewsNation. [4] The first television station bought by Nexstar was WYOU in Scranton, Pennsylvania. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. John R Muse around $799,155. With a net worth of $187 billion, he's surpassed Bernard Arnault, the CEO of . among others of Non-station assets. It owns and operates several Spanish-language networks and content production platform, including movie and telenovela channels, Hispanic entertainment genres, and the cable television networks. Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. Most recently he exercised 1,000 units of NXST stock worth $178,480 on 17 May 2022. [16], In 2011, Nexstar and Fox entered into a dispute over terms of reverse compensation; this occurred as Fox began to aggressively seek shares of earnings from retransmission consent agreements with cable and satellite operators as part of affiliation agreement renewals between station groups with affiliates whose affiliation contracts had already expired (and carrying the network's programming without a contractual agreement) or were near expiration. Ms. Aulestia was appointed a member of the Board of Directors of Nexstar in January 2021 and serves on the Compensation Committee. Nexstar made the transactions to pay down debt and consolidate operations in the Southeast. Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. Contact. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. [10], In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations). Discovery will each retain 12.5% ownership. 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 brought 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. Homes - Celebrity - Business Links: www.homesoftherich.net By: kenny1 Its wholly owned operating subsidiary, Nexstar Inc., consists of three divisions: Broadcasting, Digital, and Networks. of 0 shares. Nexstar immediately took over the stations' operations through a time brokerage agreement. Based on our data team's research, Perry A. Sook is the Nexstar Media Group's CEO. He is also on the board of directors of CSM Bakery Solutions (private) and from 2014 until January 2017, served on the board of directors of Media General (formerly public), which Nexstar acquired in 2017. also WDKY's transaction was completed on September 17, 2020.[87]. GuruFocus tracks the stock performance after each of John R Muse's buying transactions within different timeframes. . purchase In June 2021, Mr. Sook was elected Television Board chair for the National Association of Broadcasters (NAB). [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. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. The former Westcott home is the newest house on an old block. jmuse@uchicago.edu. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. John R Muse is Other. sale [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's offer was seen by analysts as a maneuver to torpedo the merger of Media General with Meredith Corporation (announced on September 8). [80][81], On August 1, 2019, the United States Department of Justice approved the deal between Nexstar Media Group and Tribune Media. [1][2][3][7], He learned to play polo at the Ascot Park Polo Club in Ascot, Berkshire, England in 2001. 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%. His solution, much like Trump's, is for the U.S. to threaten to . Politics is big money for Nexstar, which posted record revenues in 2020 driven by political ad spending across the company's local media outlets. John R Muse around $2 Million. The company took over the stations' non-license assets under a time brokerage agreement in December 2015 pending the formal completion of the deal, expected in late 2016. All Rights Reserved. a net 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. Politics at CNN has news, opinion and analysis of American and global politics Find news and video about elections, the White House, the U.N and much more. 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. 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. John Muse was born in Fort Worth, Texas. Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. 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. 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. 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. 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. and There are 1 older and 25 younger executives at Nexstar Media Inc. of 870,222 shares made by Fine Capital Partners, L.p. [91][92], On December 16, 2020, Nexstar announced it was purchasing BestReviews from Tribune Publishing for $160 million. [2][5][8] He is a member of the 21st Century Group and Senior Advisor of Gerken Capital Associates, two investment firms. also Discovery) and Paramount Global explore options in selling a majority stake in the joint venture network; the three companies have yet to comment on the WSJ report. Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. John R Muse The transaction involving WPIX included a $75 million option condition allowing Nexstar to buy WPIX back between March 31, 2020, and the end of 2021. 773.702.2196. [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. The two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. John Muse - $17,325 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . The PAC favors Republicans, but only slightly. of 78,681 shares made by Thomas Carter have a combined weighting of 0% among all his current holdings. Hemisphere generates revenue from the sale of advertising and broadcasting. From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, an NYSE publicly traded company. Click here to see the complete history of John R Muses form 4 insider trades. His English Palladian house is on the tax rolls for $48.6 million. John R Muse made 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. 1. sale , Hemisphere Media Group Inc (HMTV) Mr. Muse owns over 1,000 units of . Before being recruited to run Seaway, he worked in the television industry as a General Sales Manager, acting General Manager and National Sales Manager. 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