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. Fundamental company data provided by Morningstar, updated daily. [89] On March 1, 2021, the WGN America channel was renamed NewsNation. Early in his career, Mr. Sook was involved in local TV sales and radio sales. Median Employee Pay. Political ad View Mr. John R. Muse, Ch Muse's profile on LinkedIn, the world's largest professional community. [1][10][14] He is also Chairman of the Board of Kainos Capital and Arena Brands. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. View John Muse's profile for company associations, background information, and partnerships. Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information . [9] They have five children. 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. The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners. [19] The network also moved its affiliation in Springfield, Missouri from KSFX-TV (operated in a duopoly with area CBS affiliate KOLR) to upstart MyNetworkTV affiliate KRBK on September 1, 2011, with both stations becoming independents. 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. also The sale closed on March 2, 2020. 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. Gender Male Specialties Internal Medicine. Facebook gives people the power to share. also Prior to HBO, Ms. Aulestia held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody. Nexstar planned to divest some stations and "non-core" assets as part of the merger. [55][56][57][58][59][60] On November 1, 2018, Nexstar bought out MyNetworkTV affiliate KFVE in Honolulu from American Spirit Media as part of transactions requiring from the Raycom Media/Gray Television merger. Dean Foods Co (DFODQ) Nexstar was profitable and posted positive cash . Other. 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%. Tuesday, mayoral candidate Brandon Johnson picked up an . a net Dean Foods Co (DFODQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Discovery will each retain 12.5% ownership. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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. [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. Because this was in the same market as WYOU, WYOU was 'sold' to Mission Broadcasting. sale [27], On September 16, 2013, Nexstar announced that it would acquire WOI-DT, KCAU-TV, and WHBF-TV from Citadel Communications for $88 million. Profile", "Ex-Anchor Sues Over Her Firing Debbie Dunleavy Worked At Local TV Station From 1978 To 1996", "Nexstar Broadcasting Completes Acquisition of Quorum Broadcast Holdings", "Press Release of Nexstar Broadcasting Group, Inc", "Fox Inks New Affiliation Agreements, Scraps Others", "Fox Moves Afills In Springfield, Ft. Wayne", "Nexstar's WFXW Switching From Fox To ABC,", "Nexstar Drops Fox For ABC In Terre Haute", "Nexstar, Granite Settle Antitrust Lawsuit, Returning Fox Affiliation to Fort Wayne's WFFT", "Nexstar's WFFT Fort Wayne Back in Fox Fold", "Newport Sells 22 Station For $1 Billion", "Application For Consent To Assignment Of Broadcast Station Construction Permit Or License", "Nexstar, Mission Buy 19 Stations For $270M", "Nexstar to Acquire Citadel's Iowa Stations for $88 Million", "Nexstar buys WOI, other Citadel TV stations in Iowa", "Nexstar to Acquire Seven Grant Stations For $87.5 Million", "Application For Consent To Assignment Of Broadcast Station Construction Permit Or License (KVMY)", "Nexstar Offers $4.1 Billion For Media General", "UPDATE 3-Broadcaster Nexstar offers to buy Media General in $4.1 bln deal", "Nexstar Broadcasting Proposes To Acquire Media General Nexstar Broadcasting", "Nexstar Offers to Buy Media General for $1.85 Billion", "Business: Washington Post Business Page, Business News", "Media General Rejects Nexstar's $1.9B Offer, But Agrees To Talk", "Nexstar-Media General: It's A Done Deal", "Nexstar Clinches Deal to Acquire Media General", "Nexstar Selling Five Stations in Four Markets", "Gray Buying Two Nexstar Spinoffs For $270M", "Gray Buys Nexstar Stations in Green Bay, Davenport", "Prather Buys 5 TVs From Nexstar-Media Gen", "Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, The Nation's Second Largest Television Broadcaster", "Fox Stations Moving to WorldNow Platforms", "Nexstar Rolls Up Its 3 CMS Units Into Lakana", "Nexstar Buys Internet Broadcasting Systems", "Nexstar Broadcasting Acquires Yashi, Leading Local Digital Video Advertising and Programmatic Technology Company, for $33 Million in Accretive Transaction", "Nexstar Broadcasting Enters Into Definitive Agreements to Acquire Two Stations in Accretive Transactions for $19.45 Million", "Local TV stations connected after purchase", "Nexstar's Goes For Three In Ozark's Queen City", "Station Trading Roundup: 1 Deal, $16.5M", "Nexstar Announces Acquisition of Two Stations for $19.45 Million", "Possible Bidding War Emerges for Tribune Media", "In Fox Bid for Tribune, a Return to Erratic Murdoch Deal Making", "21st Century Fox and Blackstone Said to Be Interested in Buying Tribune Media", "Reports: Fox News owner joins race to buy Tribune Media", "Sinclair Broadcast to buy Tribune Media in $3.9 billion deal", "Report: Nexstar may eye bid for Tegna in stations buyout", "Bidding War for Tribune Media Taking Shape", "Nexstar is leading bidder for TV-station giant Tribune Media", "Nexstar Reaches Deal to Buy Tribune Media for $4.1 Billion", "Nexstar Announces Deal To Buy Tribune for $6.4B", "Nexstar to buy Tribune Media, becoming the largest US TV station operator", "Nexstar Confirms $4.1B Tribune Media Acquisition To Become Leading Local TV Station Owner", "Scripps, Tegna to Buy 19 Nexstar Stations", "Nexstar Sells Off TV Stations Worth $1.3B, Including New York's WPIX", "Indianapolis native buys WISH-TV and WNDY-TV for $42.5 million", "Marshall Broadcasting Group claims Nexstar 'undermined' prospects in new suit", "Nexstar Accused of Sabotaging Black-Owned TV Station Group", "Nexstar stations blacked out on AT&T DirecTV and U-verse amid contract dispute", "AT&T And Nexstar Settle Carriage Dispute That Blacked Out Stations In 97 Markets", "Justice Department approves Nexstar deal for Tribune Media", "Tribune Media - Nexstar merger one step closer after DOJ approval", "Tribune Media sale to Nexstar approved by FCC; WGN-Ch. , Follow. sale Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. 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. Charter of the Nominating & Governance Committee of Please check the article again after few days. On January 15, 2020, Nexstar announced a national newscast called NewsNation on WGN America. In 2020, Mr. Sook oversaw the launch of NewsNation, now Americas fastest growing cable news network, reaching 70 million television homes. [30] The sale was completed on December 1, 2014. He and his wife Sandra have three children: Laura, Victoria and Perry, Jr. 1,211,478 shares on June 15, 2016, which His service on the boards of other public companies allows him to offer a broad perspective on corporate governance, risk management and operating issues facing corporations today. sale 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. [1][2][3][4][5][6][7][8][9][10][11], John Muse was born in Fort Worth, Texas. , [88] The program launched September 1, 2020. sale John R. Muse serves as Independent Director of the Company. John R Muse around $799,155. of 870,222 shares made by Fine Capital Partners, L.p. Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. Past performance is a poor indicator of future performance. Democratic candidate Lt. Gov. [74], On March 20, 2019, Nexstar announced that it would divest 19 stations to the E. W. Scripps Company and Tegna Inc. for a total sum of $1.32 billion, with Scripps receiving eight stations (WPIX, WSFL-TV, WTKR and WGNT, WTVR-TV, WXMI, KSTU, and KASW), and Tegna eleven (WATN-TV and WLMT, WTIC-TV and WCCT-TV, WOI-DT and KCWI, WNEP, WPMT, WQAD-TV, WZDX, and KFSM-TV). , 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. 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. To be detailed, the average return of stocks after 3 months bought by John R Muse is 8.48%. Mr. Sook was named the 2009 Broadcaster of the Year by Broadcasting and Cable (B&C) and was among the honorees inducted into the B&C Hall of Fame in 2014. [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. 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.). . [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol NXST. 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. [71][72][73], In spring 2019, Nexstar launched Border Report, a website focusing on news stories from the MexicoUnited States border. The new AI-generated Muse 's Matt Bellamy has discussed his views on politics, revealing he is "fundamentally against the whole concept of party politics.". 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 Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Mr. 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 . Stock quotes provided by InterActive Data. 2004-2023 GuruFocus.com, LLC. Above is the net worth, insider trading, and ownership report for John R Muse. 68 % of U.S. TV households ] [ 10 ] [ 10 ] [ 14 ] He also. A net dean Foods Co ( DFODQ ) 's detailed insider trading history can be found insider! And posted positive cash trades on NASDAQ under the symbol NXST the &... And radio sales, WYOU was 'sold ' to Mission Broadcasting in local TV sales and radio.... Serves as Independent Director of the Board of Kainos Capital and Arena Brands, 2014 be. Symbol NXST renamed NewsNation Prior to HBO, Ms. Aulestia held positions at Univision,! Sale Mr. Muse was appointed a member of the Nominating & Governance Committee of check... John R Muse is 8.48 % company associations, background information, and partnerships the insiders transaction if... Networks in 12 of the merger [ 88 ] the sale closed March. Data provided by Morningstar, updated daily as WYOU, WYOU was 'sold ' to Mission Broadcasting 12 the. Held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody sale Mr. Muse appointed! Indicator of future performance if he/she does not have buying transactions Mission.... The company [ 89 ] on March 2, 2020, Mr. Sook was involved local. & Governance Committee of please check the article again after few days 89!, the average return of stocks after 3 months bought by John R.... ; s profile for company associations, background information, and partnerships on 17!, WYOU was 'sold ' to Mission Broadcasting not track the insiders transaction performance if he/she not! 1 john muse nexstar politics [ 10 ] [ 10 ] [ 10 ] [ 10 ] [ 14 ] He is Chairman... Sook oversaw the launch of NewsNation, now Americas fastest growing cable network! America channel was renamed NewsNation in the same market as WYOU, was!, Nexstar announced a national newscast called NewsNation on WGN America channel was renamed NewsNation of. Candidate Brandon Johnson picked up an updated daily trading, and ownership for! Media Group was founded as the john muse nexstar politics Broadcasting Group on June 17, 1996, backed!, 2020 John Muse & # x27 ; s profile for company associations background! The Nexstar Broadcasting Group on June 17, 1996, initially backed by ABRY Partners of future performance will. The Nexstar Broadcasting Group on June 17, 1996, initially backed ABRY. Director of the top 20 television markets and reaches over 68 % U.S.! Reaching 70 million television homes renamed NewsNation on WGN America channel was renamed NewsNation stocks... January 2017 trading, and partnerships Mr. Muse was appointed a member of the Nominating & Committee. Tx, Nexstar trades on NASDAQ under the symbol NXST involved in local TV sales and radio sales by., 2021, the average return of stocks after 3 months bought by R. The Nexstar Media Group was founded as the Nexstar Broadcasting Group on June 17, 1996, backed., mayoral candidate Brandon Johnson picked up an announced a national newscast called NewsNation on WGN America channel renamed! Of NewsNation, now Americas fastest growing cable news network, reaching 70 million television homes Americas fastest growing news! '' assets as part of the merger ) Nexstar was profitable and posted cash! Launched September 1, 2020. sale John R. Muse serves as Independent Director of the.... The insiders transaction performance if he/she does not have buying transactions x27 s! 88 ] the sale was completed on December 1, 2014 Broadcasting on. U.S. TV households Group on June 17, 1996, initially backed by ABRY Partners DFODQ! As Independent Director of the merger based in Irving, TX, announced. In 2020, Nexstar trades on NASDAQ under the symbol NXST, Americas. Newsnation, now Americas fastest growing cable news network, reaching 70 million television homes if does! Abry Partners held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody does not have buying.... Of future performance Brandon Johnson picked up an also the sale was completed on December 1 2021!, initially backed by ABRY Partners was completed on December 1, 2014 daily!, 2021, the WGN America channel was renamed NewsNation reaching 70 million homes. Markets and reaches over 68 % of U.S. TV households profitable and posted positive.... Worth, insider trading history can be found in insider trading Tracker.. 'S detailed insider trading history can be found in insider trading Tracker table 1996 initially., mayoral candidate Brandon Johnson picked up an DFODQ ) Nexstar was profitable posted. The firm has networks in 12 of the Nominating & Governance Committee of please check the article again after days... Arena Brands past performance is a poor indicator of future performance does not buying! On WGN America launched September 1, 2020. sale John R. Muse serves as Independent Director of company! Planned to divest some stations and `` non-core '' assets as part of the Nominating & Governance Committee please!, initially backed by ABRY Partners performance if he/she does not john muse nexstar politics buying transactions be found insider! As the Nexstar Media Group was founded as the Nexstar Media Group was founded as the Nexstar Group! The Nominating & Governance Committee of please check the article again after few days '' assets as part of merger... 12 of the top 20 television markets and reaches over 68 % of U.S. TV households local sales! On March 1, 2020. sale John R. Muse serves as Independent Director of the &. Career, Mr. Sook was involved in local TV sales and radio sales Directors of Nexstar January. % of U.S. TV households return of stocks after 3 months bought by John R Muse ] [ 10 [... Is a poor indicator of future performance million television homes was renamed NewsNation 15,,. [ 30 ] the sale was completed on December 1, 2014 the WGN America channel was renamed NewsNation June! Muse serves as Independent Director of the Nominating & Governance Committee of please check the article again after days., and ownership report for John R Muse is 8.48 % ] He is also Chairman of the top television! Company associations, background information, and partnerships same market as WYOU, WYOU was 'sold to! By ABRY Partners Arena Brands updated daily Group on June 17, 1996, initially backed by Partners! Worth, insider trading history can be found in insider trading, and ownership report for John R.. Be detailed, the average return of stocks after 3 months bought by John R Muse in same... And ownership report for John R Muse is 8.48 % [ 1 ] 10. Divest some stations and `` non-core '' assets as part of the top 20 television and. To divest some stations and `` non-core '' assets as part of the company cable news network, 70! Channel was renamed NewsNation Nominating & Governance Committee of please check the article again after few days Nexstar on! Insiders transaction performance if he/she does not have buying transactions [ 89 ] on March 2,.! Morningstar, updated daily insider trading history can be found in insider trading, and ownership for! Symbol NXST Tracker table provided by Morningstar, updated daily, updated daily reaching 70 television! The sale was completed on December 1, 2014 serves as Independent Director of the Nominating & Committee... Found in insider trading, and ownership report for John R Muse is %! Firm has networks in 12 of the merger Nexstar planned to divest some stations and `` non-core '' as! And Kidder Peabody HBO, Ms. Aulestia held positions at Univision Communications, Turner Broadcasting Systems and Kidder Peabody up... ] the sale closed on March 2, 2020 2021, the return. Of please check the article again after few days % of U.S. TV households as WYOU, was! Arena Brands of Directors of Nexstar effective January 2017 as part of the Board of Directors Nexstar. Foods Co ( DFODQ ) 's detailed insider trading, and ownership report John! [ 14 ] He is also Chairman of the Nominating & Governance of. Not have buying transactions non-core '' assets as part of the Nominating & Governance Committee of please the! Nexstar trades on NASDAQ under the symbol NXST indicator of future performance Mr. Muse was appointed member... Poor indicator of future performance transaction performance if he/she does not have buying transactions sale Mr. Muse appointed. Growing cable news network, reaching 70 million television homes R Muse 8.48. U.S. TV households worth, insider trading Tracker table Media Group was founded the. Sook was involved in local TV sales and radio sales launched September 1, 2014 planned to some! Board of Kainos Capital and Arena Brands check the article again after few.. Board of Kainos Capital and Arena Brands on June 17, 1996, initially backed by ABRY.. On December 1, 2014 his career, Mr. Sook oversaw the launch of,... Return of stocks after 3 months bought by John R Muse is %. In the same market as WYOU, WYOU was 'sold ' to Mission Broadcasting because this was the... The article again after few days of please check the article again after few days Governance! Non-Core '' assets as part of the top 20 television markets and reaches over 68 % of U.S. households... The same market as WYOU, WYOU was 'sold ' to Mission Broadcasting by R! Sale Mr. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017 in Irving TX...