New CW network owner Nexstar reported its third-quarter 2022 earnings Tuesday before the bell . Muse John R initiated holdings in Nexstar Media Group Inc. , View John Muse's profile for company associations, background information, and partnerships. Charter of the Nominating & Governance Committee GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time 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). Total Compensation. [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. That single transaction was for US$2.0m worth of shares at a price of US$188 each. It also operates all of the stations owned by affiliated companies, such as Mission Broadcasting and Vaughan Media, under local marketing agreements,[2][3] and operates major TV network The CW through a 75% majority stake, two terrestrial television networks airing classic shows, Antenna TV and Rewind TV, and has full or partial ownership stakes in three pay television networks (cable news and entertainment network NewsNation and food and cooking networks Food Network and Cooking Channel, the latter two through a 31% stake in Television Food Network G.P.). 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. [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 is the largest television station owner/operator in the United States, with 199 stations in 116 markets. The company processes, sells, and distributes dairy products under more than 50 local and regional dairy brands and private labels such as DairyPure and TruMoo. 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 . [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. 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. 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. My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social . 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. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. John Muse is the director of HM Capital Partners. 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. Nexstar planned to divest some stations and "non-core" assets as part of the merger. sale The most-recent trade in Nexstar Media Group Inc is the 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. However, on September 8, 2011, Sinclair Broadcast Group announced its intent of purchasing the Four Points stations outright and took over the MSA for the stations that October upon Federal Trade Commission (FTC) approval of the deal (the Federal Communications Commission (FCC) gave final approval of the group deal on December 21, and the Sinclair purchase of the Four Points stations was completed on January 1, 2012). Then, in 2021, Nexstar nabbed political news . 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. Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. Prior to Nexstar, Mr. Sook was one of the principals of Superior Communication Group, Inc., which was sold in 1995 to Sinclair Broadcast Group. [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. [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. 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. 10 percent owner Lazarus Management Co Llc From 1987 through 1993, Mr. McMillen served three consecutive terms in the U.S. House of Representatives representing the 4th Congressional District of Maryland. Muse Family Enterprises. The combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. 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. [1][10][14] He is also Chairman of the Board of Kainos Capital and Arena Brands. In late August, as confirmation to another WSJ report made last June, Nexstar announced that it has "entered a definitive agreement" to acquire 75% ownership in the network, while its current owners Paramount and Warner Bros. Mr. Pompadur currently serves as a member of the board of directors of Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), Director of Troika Media Group, Inc. (NASDAQ: TRKA), Director of Golden Falcon Acquisition Corp. (NYSE: GFX), Chairman of Metan Global Entertainment (private), and Director of RP Coffee Ventures (private). The sale closed on March 2, 2020. have a combined weighting of 0% among all his current holdings. CEO Name. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. It is built in the Neo-Palladian style. On average, John trades about 21,797 units every 42 days since 2003. a net The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. GuruFocus.com is not operated by a broker or a dealer. [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. KCAU continued to use Citadel's standardized news sets, graphics and logos. The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. of 786,777 shares. Based on media industry reports, Nexstar would reportedly assume "a significant portion" of the network's current losses. 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. Other key executives at ProShares UltraShort Telecommunications include The largest trade he's ever made was selling 1,211,478 units of Nexstar Media Inc stock on 14 June 2016 worth over $21,733,915. 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. Irving, TX . Published Oct 25, 2022. 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. Nexstar also owns a 31.3% ownership stake in TV Food Network, a top tier cable asset. [9] In 1999, Nexstar bought out WROC-TV in Rochester, New York from Smith Broadcasting. 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 , Ms. Aulestia was appointed a member of the Board of Directors of Nexstar in January 2021 and serves on the Compensation Committee. John R Muse made The PAC favors Republicans, but only slightly. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. the Director of Linde PLC and owns about 3,206,424 shares of Linde PLC (LIN) stock worth over $1.1 Billion. 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. Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information of Stock quotes provided by InterActive Data. MUSE, JOHN R DALLAS, TX 75219: Nexstar Media Group, Inc./Nexstar Media Group, Inc./Director: $5,000: 02/20/2019: P: NEXSTAR BROADCASTING GROUP INC. I work across periods, from ancient to digital, but with . 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. of 7,869 shares made by Dana Zimmer 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 . Locations. [84], On November 5, 2019, it was announced that Nexstar would acquire Fox Television Stations-owned WJZY and MyNetworkTV outlet WMYT-TV in Charlotte, North Carolina for $45 million. Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. John Muse was born in Fort Worth, Texas. Median Employee Pay. John R Muse owns about 2,400 units of Nexstar Media Group, Inc common stock . Other. and [89] On March 1, 2021, the WGN America channel was renamed NewsNation. Code of Business Conduct brought [52] On November 17, 2015, Nexstar announced its intent to purchase West Virginia Media Holdings' stations (WOWK-TV in Charleston, WBOY-TV in Clarksburg, WVNS-TV in Ghent, and WTRF-TV in Wheeling) for $130 million. Before Superior, Mr. Sook was President/CEO of Seaway Communication, Inc., owner of network affiliated stations in Bangor, ME and Wausau, WI. John Muse has co-founded HM Capital's predecessor firm in 1989. 1,666 Jobs. CHICAGO It's crunch time on the campaign trail. [88] The program launched September 1, 2020. sale [5] The sale was completed on September 28 of that year. Use the CB Insights Platform to explore John Muse's full profile. That means that even . sale [68][69] On December 3, 2018, Nexstar announced its intent to merge with Tribune Media for $6.4 billion ($4.1 billion for all of Tribune's shares in cash and $2.3 billion of Tribune's debt). Ph.D, Yale University, 2010. Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. purchase Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). As of 17 May 2022 he still owns at least 25,603 units of Nexstar Media Inc stock. of 0 shares. 63. 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. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, ProShares UltraShort Telecommunications (TLL). During his career, he has been an active investor, principal and board member in companies in the cellular, paging, healthcare, motorcycle, environmental technology, broadcasting, real estate and insurance industries. Nexstar operates traditional media as well as digital and mobile media . 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 Director of Graduate Studies; Associate Professor in the Department of English Language and Literature. John R Muse is With a net worth of $187 billion, he's surpassed Bernard Arnault, the CEO of . 1. John R Muse is the 10 percent owner of ProShares UltraShort Telecommunications. and WYOU's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. Nexstar CEO Perry A. Sook is an alumnus of WOWK. His solution, much like Trump's, is for the U.S. to threaten to . 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