Follow. "The fact is there are other much more immediate dangers and opportunities that we really need to start talking about," Oliver said. 63. 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. The most-recent trade in Media General Inc is the Dean Foods Co (DFODQ) Contribute. The company also accused Nexstar of using the divestiture of stations to a minority-owned broadcaster as a token to gain FCC approval for the associated acquisitions. [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]. Hosting a debate for the "benefit" of voters or the general "public good" is a great idea, but the "debate" being . Nexstar Media Group owns NewsNation. 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. [45], On March 13, 2014, Nexstar announced that it would purchase Internet Broadcasting, for $20 million. Muse's first full professional season saw him spending time in both the ECHL and AHL, recording 15 games in Charlotte and 25 in Florida, where he shared netminding duties with Pat Nagle.Muse helped to lead Florida to their first Kelly Cup and their third Kelly Cup Final, recording a shutout win against Kalamazoo (7-0, with 32 saves), and the first 2/3 of a shutout against the Elmira (5-0 . sale 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. Only the transactions in Open Market or Private Sale at the market prices are included. . 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. [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. 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. purchase [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. This began the first-ever 'shared-services' agreement between stations. SVP & Chief Commercial Officer Thomas N Murray 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. 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. 4 transactions in Nexstar Media Group Inc (NXST) over the past 5 years, including 3 buys and 1 sells. [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. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, ProShares UltraShort Telecommunications (TLL). 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. WCWJ in Jacksonville, Florida, along with WSLS-TV in Roanoke, Virginia, was sold to the Graham Media Group; and KADN-TV, as well as KLAF-LD in Lafayette, Louisiana, was sold to Bayou City Broadcasting, with KREG-TV in Glenwood Springs, Colorado going to Marquee Broadcasting as part of a series of divestitures required following Nexstar's acquisition of Media General due to Federal Communications Commission ownership caps (the sale of the Roanoke and Lafayette stations are required as Media General and Nexstar both own stations in those markets). 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. Aired: 12/26/08 Rating: NR Continuous Play: Problems Playing. Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. WYOU's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. 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 [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. [89] On March 1, 2021, the WGN America channel was renamed NewsNation. 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. , Internal Medicine, 1996 . John R Muse around $799,155. Nexstar Media Group Inc (NXST) The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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 . Fundamental company data provided by Morningstar, updated daily. According to the SEC Form 4 filings, John R Muse has made a total of For its 2021 fiscal year, NEXSTAR MEDIA GROUP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. [11][12][13] Also that year, it purchased KARK-TV and WDHN-TV from Morris Multimedia. [96][97][98][99], On August 20, 2021, Nexstar acquired political news website The Hill for $130 million. John R Muse made Lyd loistavia tarjouksia lhelt suosittuja nhtvyyksi ja tekemist East District naapurustossa Tainan, Taiwanin alueella. [9] In 1999, Nexstar bought out WROC-TV in Rochester, New York from Smith Broadcasting. 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. Dean Foods Co (DFODQ) 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. Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. Mr. (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) Mr. Muses qualifications to serve on Nexstars 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. 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. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. On January 15, 2020, Nexstar announced a national newscast called NewsNation on WGN America. On this Wikipedia the language links are at the top of the page across from the article title. [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. 53,100 shares on August 7, 2013, 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. With a net worth of $187 billion, he's surpassed Bernard Arnault, the CEO of . John R Muse currently owns a total of 4 of 1,024,154 shares made by Edenbrook Capital, Llc 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 of 78,681 shares made by Thomas Carter Search our database of over 100 million company and executive profiles. 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 . KCAU continued to use Citadel's standardized news sets, graphics and logos. Gurus may be added or dropped from the GuruFocus site at any time. Etsi ja vertaa hotellitarjouksia naapurustossa East District, Tainanyhteens 44 alueella saatavilla olevista hotelleista . Muse 's Matt Bellamy has discussed his views on politics, revealing he is "fundamentally against the whole concept of party politics.". Born: c. 1951 Gender: Male Race or Ethnicity: White Occupation: Business Party Affiliation: Republican Nationality: United States Executive summary: HM Capital University: BA, US Air Force Academy (1973) University: MBA, Anderson School of Business, University of California at Los Angeles (1974) HM Capital CEO (2005-) HM Capital Co-Founder and Chairman (1989-) She is an expert at driving finance, strategy, operations, data analytics and revenue strategies at the high growth scaling inflection stage. of 870,222 shares made by Fine Capital Partners, L.p. [6] Nexstar promptly fired two beloved anchors and laid off several long-term staff members. Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. and [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. no insider transaction in Nexstar Media Group Inc (NXST). 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. [9] They have five children. He previously served on the Board of Visitors of the Klyde Warren Park Board. [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. 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 The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [80][81], On August 1, 2019, the United States Department of Justice approved the deal between Nexstar Media Group and Tribune Media. sale also 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. By joining, or logging in via Facebook, you accept Change.org's Terms of Service and Privacy Policy. [10], In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations). jmuse@uchicago.edu. Gender Male Specialties Internal Medicine. The most-recent trade in Nexstar Media Group Inc is the [82][83] The merger was approved by the FCC on September 16, and would be consummated three days later. Payroll taxes are expected to generate $1.56 trillion this year, but the combined costs of Social Security and Medicare are likely to be $2.16 trillion, according to a Congressional Budget Office . sale sale Irving, TX . John's mailing address filed with the SEC is 3131 TURTLE CREEK BLVD., SUITE 1020, , DALLAS, TX, 75219. [88] The program launched September 1, 2020. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. By Caleb Howe Oct 26th, 2022, 1:25 pm. of . A visitor looks at artist Refik Anadol's "Unsupervised" exhibit at the Museum of Modern Art, Wednesday, Jan. 11, 2023, in New York. During the past 18 months, 786,777 shares of Nexstar Media Group Inc (NXST) were sold and 0 shares were bought by its insiders, resulting in a net 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. . Over the past 18 months, . 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 transaction involving WPIX included a $75 million option condition allowing Nexstar to buy WPIX back between March 31, 2020, and the end of 2021. John R Muse is According to the SEC Form 4 filings, John R Muse has made a total of and [citation needed] In 1998, Nexstar purchased WBRE-TV in Wilkes-Barre, Pennsylvania. WDKY's transaction was completed on September 17, 2020.[87]. 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. The two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. [53] The sale was completed on January 31, 2017. Mr. Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania. a net 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. [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. Other key executives at Nexstar Media Group Inc include She also previously served on the advisory board of American Airlines. The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. Austin, TX October 9, 2020: M.J. Hegar removes her mask as Republican U.S. Sen. John Cornyn of Texas and Democratic challenger Hegar of Round Rock face off in a Nexstar televised debate Friday . Hemisphere generates revenue from the sale of advertising and broadcasting. 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. [1][2][3][4][5][6][7][8][9][10] He moved to London in 1998 to expand the hedge fund in the European market. The requirement for fairness and transparency in government is not #debatable! $51,793. Caitlyn Shelton. sale There are 1 older and 25 younger executives at Nexstar Media Inc. a net Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. in Engineering Management from the United States Air Force Academy and his M.B.A. from the University of California, Los Angeles. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. 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. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. Prior to that, she was Executive Vice President, Domestic Network & Digital Distribution at HBO from 2013 2015 and Senior Vice President, Domestic Network & Digital Distribution at HBO from 2009 2013. [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. 1,211,478 shares on June 15, 2016, which , Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). [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. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. Dean Foods Co (DFODQ) [citation needed], On November 6, 2013, Nexstar announced that it would purchase the Grant Broadcasting stations for $87.5 million. Before Superior, Mr. Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. and View John Muse's profile for company associations, background information, and partnerships. Based on ownership reports from SEC filings, as the reporting owner, John R Muse owns 4 companies in total, including Mr. Muse has over 25 years of experience in private equity and is currently the chairman of the board of directors of Lucchese, Inc. (private), a boot company, and Free Flow Wines (private), a leading packaging and logistics company serving the wine on tap segment. The deal did not require regulatory approval, but had to perform financial closure conditions at the company's fiscal third quarter, i.e. Political ad John R Muse owns about 2,400 units of Nexstar Media Group, Inc common stock . 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. John R. Muse. The stock is now traded at around. 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. 87 ] you accept Change.org & # x27 ; s profile for company associations, background,! The WGN America channel was renamed NewsNation in 116 markets 's standardized news,! In Engineering Management from the United States Air Force Academy and his M.B.A. from the article title Visitors. By joining, or logging in via Facebook, you accept Change.org #. Information posted on GuruFocus.com represent a recommendation to buy or sell a.. Effective January 2017 member of the page across from the article title worth of $ billion! 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