[71][72][73], In spring 2019, Nexstar launched Border Report, a website focusing on news stories from the MexicoUnited States border. 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. 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). [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. the Director of Linde PLC and owns about 3,206,424 shares of Linde PLC (LIN) stock worth over $1.1 Billion. There are 1 older and 25 younger executives at Nexstar Media Inc. Among these stocks, [9] They have five children. of 12,500 shares. [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). , The other 1 stocks From June 1998 to February 1999, Mr. Armstrong was Chief Operating Officer and a director of Capstar Broadcasting Corporation, which merged with AMFM in July 1999. of 1,024,154 shares made by Edenbrook Capital, Llc 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. Of those stations, only WPIX was not associated with a duopoly, but rather its Mr. Muse owns over 1,000 units of . John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. [5] [6] [7] [8] [12] Career [ edit] From 1980 to 1984, he served as Senior Vice President and a Director of Schneider, Bernet & Hickman in Dallas. of 647,297 shares made by Perry A Sook no insider transaction in Nexstar Media Group Inc (NXST). Homes - Celebrity - Business Links: www.homesoftherich.net By: kenny1 10 percent owner Gato Investments Lp John R Muse is EVP & Chief Financial Officer Lee Ann Gliha Nexstar planned to divest some stations and "non-core" assets as part of the merger. 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. CEO Pay. The estimated net worth of John R Muse is at least $1.3 Billion dollars as of 2023-03-01. The Debate Starts Now! [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. a net On January 15, 2020, Nexstar announced a national newscast called NewsNation on WGN America. Caitlyn Shelton. [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. 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). They reside in Flower Mound, TX. The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners. Nexstar was profitable and posted positive cash . 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. 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 . Over the past 18 months, of 870,222 shares made by Fine Capital Partners, L.p. 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. [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. This began the first-ever 'shared-services' agreement between stations. The deal also included contingent value rights for Media General shareholders if it sold spectrum from its stations during the FCC's spectrum incentive auction. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol NXST. John Muse was born in Fort Worth, Texas. among others The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [5] The sale was completed on September 28 of that year. $2,449,398. of 0 shares. Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. Mr. McMillen currently serves as the President and Chief Executive Officer of the LEAD1 Association (formerly the DIA Athletic Directors Association). In . $51,793. Gurus may be added or dropped from the GuruFocus site at any time. KCAU continued to use Citadel's standardized news sets, graphics and logos. CEO Name. The providers were merged to form Lakana, led by former ETG CEO Phillip Hyun. 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) Etsi ja vertaa hotellitarjouksia naapurustossa East District, Tainanyhteens 44 alueella saatavilla olevista hotelleista . WDKY's transaction was completed on September 17, 2020.[87]. , John Muse is 69, he's been the Independent Director of Nexstar Media Inc since 2017. Dallas, TX, based Investment company Muse John R buys Nexstar Media Group, sells Media General during the 3-months ended 2017-03-31, according to the most recent filings of the investment company . Non-station assets. On this Wikipedia the language links are at the top of the page across from the article title. Nexstar Media Group CEO and Executives. . Senator John Fetterman is "doing well" and remains in care at Walter Reed National Military Medical Center as he receives treatment for Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. 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. 63. 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. 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. sale 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. Dallas/Fort Worth Area. [80][81], On August 1, 2019, the United States Department of Justice approved the deal between Nexstar Media Group and Tribune Media. 1 owner of local TV stations in the U.S., posted record results in the fourth quarter as political ad spending drove a 25% increase in revenue to nearly $1.4 billion. John Muse. 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. Irving, TX . 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 . 10 percent owner Hwk Parent, Llc 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 . 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. 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. John R Muse is and sale [38], On January 27, 2016, Media General announced that it had entered into a definitive agreement to be acquired by Nexstar in a deal valued at $17.14 per share, valuing the company at $4.6 billion plus the assumption of $2.3 billion debt. John R Muse made From 1987 through 1993, Mr. McMillen served three consecutive terms in the U.S. House of Representatives representing the 4th Congressional District of Maryland. CEO Pay Ratio. [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. 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. 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 . 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. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Published Oct 25, 2022. Nexstar stated that these divestitures would be used to help fund the sale and cover debt. and [95] 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. 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. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, ProShares UltraShort Telecommunications (TLL). [31] In 2015, Nexstar sold off the licensee assets of WLYH-TV, the CW affiliate to Howard Stirk Holdings. 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 . Mr. Muse also serves on the Board of Visitors of the UCLA Anderson School of Management. According to the SEC Form 4 filings, John R Muse has made a total of Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. , 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. [citation needed], On November 6, 2013, Nexstar announced that it would purchase the Grant Broadcasting stations for $87.5 million. Nexstar immediately took over the stations' operations through a time brokerage agreement. Nexstars digital properties, such as The Hill and BestReviews, are collectively a Top 10 U.S. digital news and information property that provide innovative digital marketing solutions and services to local and national media companies, advertisers, agencies, and brands. Above is the net worth, insider trading, and ownership report for John R Muse. 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%. This investment adviser does not provide advice to individual investors. He is also on the board of directors of Dean Foods (public) and CSM Bakery Solutions (private). Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. EVP General Counsel Rachel Morgan 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.). Transaction was completed on September 17, 1996, initially backed by ABRY Partners based Irving! 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