The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. From 2014 until January 2017, Mr. Muse served on the board of directors of Media General, Inc. ("Media General"). and Nexstar Media Group Inc (NXST)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. , Teaching at UChicago since 2010. He also served on the board of directors of Time, Inc. (formerly public) from 2014 until its sale to Meredith Corporation in January 2018 and was a member of the audit committee and the compensation committee. [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. John Muse. 773.702.2196. John R Muse made 1,211,478 shares on June 15, 2016, which , "AI is ultimately a mirror, and it will reflect back exactly who we are; From the best of us, to the worst of us.". 0 transactions in Media General Inc (MEG) over the past 5 years. 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. He is married to Lyn Muse, a UCLA alumnus and interior designer. 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.). Based on media industry reports, Nexstar would reportedly assume "a significant portion" of the network's current losses. The Debate Starts Now! ( NewsNation) After Pennsylvania Senate candidate John Fetterman had difficulty speaking during his highly anticipated debate with Mehmet Oz, the stroke survivor's campaign blamed the caption system provided for him as being "delayed" and "filled with errors.". Then, in 2021, Nexstar nabbed political news . Caitlyn Shelton. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. Nexstar made the transactions to pay down debt and consolidate operations in the Southeast. Dean Foods Co (DFODQ) I work across periods, from ancient to digital, but with . John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. 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. 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. [94] Almost eight months later, on January 5, 2022, The Wall Street Journal reported that Nexstar is a potential leading buyer of said network, as CW co-owners WarnerMedia (since merged with Discovery, Inc. to form Warner Bros. . 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. Jay M. Grossman was appointed a member of the Board of Directors of Nexstar in 1997 and serves on the Compensation Committee. 10 percent owner Gemini Latin Holdings, Llc Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). 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. Internal Medicine, 1996 . Mr. of Mr. Sook was previously a member of the Board of Directors of the Television Bureau of Advertising (TVB), where he also served as Chairman. Insiders are limited to only officers and/or directors of the company. and sale John R. Muse. Of those stations, only WPIX was not associated with a duopoly, but rather its Contact. John R Muse around $2 Million. 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 also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. , Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV. 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. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. no insider transaction in Hemisphere Media Group Inc (HMTV). [5][7] Nexstar founder Perry Sook said that WYOU would be Nexstar's flagship station, keeping an office off the newsroom for years. 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. 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. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. 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. owns 10,174,110 shares of Media General Inc (MEG) as of June 15, 2016, with a value of $208 Million and a weighting of 15.7%. [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. On this Wikipedia the language links are at the top of the page across from the article title. Nexstar subsequently struck a deal with Fox to sell its stations in Seattle and Milwaukee and acquire Fox's Charlotte, North Carolina, stations. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. You might contact John R Muse via mailing address: 2100 Mckinney Avenue, Suite 1600, Dallas Tx 75201. The combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. KCAU continued to use Citadel's standardized news sets, graphics and logos. John R Muse is 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. He previously served on the Board of Visitors of the Klyde Warren Park Board. The PAC favors Republicans, but only slightly. The most-recent trade in Nexstar Media Group Inc is the GuruFocus.com is not operated by a broker or a dealer. 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. John R Muse is the 10 percent owner of Hemisphere Media Group Inc. The majority of the company's income is generated from fluid milk sales. 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. 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. [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. In 2020, Mr. Sook oversaw the launch of NewsNation, now Americas fastest growing cable news network, reaching 70 million television homes. Details can be seen in John R Muse's Latest Holdings Summary section. [53] The sale was completed on January 31, 2017. Hemisphere generates revenue from the sale of advertising and broadcasting. The current estimated net worth of Nexstar Media Group, Inc's Director, John Muse, is estimated to be about $127.46M . Political ad . 10 percent owner Gato Investments Lp The debate will be hosted by Nexstar Television . Above is the net worth, insider trading, and ownership report for John R Muse. She is an expert at driving finance, strategy, operations, data analytics and revenue strategies at the high growth scaling inflection stage. [91][92], On December 16, 2020, Nexstar announced it was purchasing BestReviews from Tribune Publishing for $160 million. 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