John Muse was born in Fort Worth, Texas. [10][15] He sponsors the Lucchese Polo Team. In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. [75][76] On April 8, 2019, Nexstar announced that it would sell 2 additional stations (WISH-TV and WNDY) to Circle City Broadcasting for $42.5 million. 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. Politics is big money for Nexstar, which posted record revenues in 2020 driven by political ad spending across the company's local media outlets. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! 1. 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) [6] Nexstar promptly fired two beloved anchors and laid off several long-term staff members. Over the past 18 months, [17] President of affiliate sales and marketing for Fox, Mike Hopkins, had said earlier in the year that the network would consider moving its affiliation to another market station as a last resort if existing affiliates did not agree to the terms for reverse compensation retrans sharing.[18]. Education . 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. Muse also backstopped for BC's Hockey East regular-season championship in 2010, as well as Beanpot Tournament and Hockey East tournament championships in 2008, 2010, and 2011. The combined company became known as Nexstar Media Group, and owns 171 stations, serving an estimated 39% of U.S. households. , [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. Nexstar Media Group CEO and Executives. . Mr. Grossman has served on the board of directors of a wide variety of companies including Atlantic Broadband, Caprock Communications, Consolidated Theaters, Cyrus One Networks, Donuts, Executive Health Resources, Grande Communications, Hosted Solutions, Monitronics International, Q9 Networks, RCN Telecom Services, Sidera Networks and WideOpenWest Holdings. Financier John Muse is next-door neighbor to the Westcott place. purchase 63. Teaching at UChicago since 2010. 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. WYOU's staff who were not laid off were fired by Nexstar, hired by Mission, and eventually rehired by Nexstar. John R. Muse serves as Independent Director of the Company. According to the SEC Form 4 filings, John R Muse has made a total of Mr. John R. Muse, Ch has 1 job listed on their profile. [16][17] The house was designed by British architect Quinlan Terry, and completed in 2001. The stock is now traded at around. Click here to see the complete history of John R Muses form 4 insider trades. [31] In 2015, Nexstar sold off the licensee assets of WLYH-TV, the CW affiliate to Howard Stirk Holdings. Of its 199 full-power stations, 155 are affiliated with the four national broadcasters: CBS (49), Fox (42), NBC (35), and ABC (29).he 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The division's portfolio includes primary affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW. Only the transactions in Open Market or Private Sale at the market prices are included. See the complete profile on LinkedIn . . [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. That means that even . That single transaction was for US$2.0m worth of shares at a price of US$188 each. SVP & Business Innovation Bassey Ekpo Associate Professor. 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. Mini Bio (1) John R. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. 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. Based on ownership reports from SEC filings, as the reporting owner, John R Muse owns 4 companies in total, including Charter of the Audit Committee At Nexstar Media Group, John Muse has 150 colleagues including Perry Sook (CEO & Chairman), Lisbeth McNabb (Director) Industry Colleagues In the Broadcasting industry, John Muse has 9,259 colleagues in 543 companies located in 48 countries. Above is the net worth, insider trading, and ownership report for John R Muse. Mr. Sook did his undergraduate work at Ohio University in Athens, OH and was an adjunct professor at Edinboro State University of Pennsylvania. Nexstar immediately took over the stations' operations through a time brokerage agreement. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel. [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). 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 She is an expert at driving finance, strategy, operations, data analytics and revenue strategies at the high growth scaling inflection stage. KCAU continued to use Citadel's standardized news sets, graphics and logos. [10], In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations). sale To be detailed, the average return of stocks after 3 months bought by John R Muse is 8.48%. From May 2013 to May 2016, Mr. McMillen served as an independent director of RCS Capital Corporation. [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. [85] As part of a settlement between the parties in litigation over the failed deal, Sinclair had to sell two properties in Harlingen and Lexington to Nexstar Media Group for $60 million on January 27, 2020. She also previously served on the advisory board of American Airlines. John Muse, HM Capital Partners Season 2 Episode 10 | 26m 39s KERA's Lee Cullum discusses HM Capital Partners with CEO John Muse. of [45], On March 13, 2014, Nexstar announced that it would purchase Internet Broadcasting, for $20 million. 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. Other key executives at ProShares UltraShort Telecommunications include Executive Summary. sale Discovery will each retain 12.5% ownership. , You might contact John R Muse via mailing address: 2100 Mckinney Avenue, Suite 1600, Dallas Tx 75201. The Independent Director, John Muse, made the biggest insider sale in the last 12 months. , [25] On August 12, 2012, Nexstar sold KBTV-TV to Deerfield Media, which entered into a JSA and SSA with Sinclair Broadcast Group to became a duopoly with KFDM-TV. Ph.D., Yale University, 2010. The Debate Starts Now! On average, John trades about 21,797 units every 42 days since 2003. Nexstar Media Group owns NewsNation. 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. Mr. Pompadur served as Global Vice Chairman, Media and Entertainment at Macquarie Capital from 2009 to 2016. Company profile page for Nexstar Media Group Inc including stock price, company news, press releases, executives, board members, and contact information Mr. FitzSimons qualifications to serve on Nexstars Board of Directors include his extensive experience as the Chief Executive Officer of a publicly traded company in the broadcast industry, as well as a member of the audit committee and compensation committee of several publicly traded companies. SVP & Chief Commercial Officer Thomas N Murray John R Muse is the 10 percent owner of ProShares UltraShort Telecommunications. [78][79] A carriage dispute with AT&T resulted in the removal of more than 120 Nexstar stations across 97 markets from AT&T's DirecTV, DirecTV Now and U-verse platforms, which began at 11:59p.m. on July 3, 2019, and ended on August 29, 2019. , [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). Homes - Celebrity - Business Links: www.homesoftherich.net By: kenny1 [6][8][13], He is Chairman of the Lucchese Boot Company, best known for selling a cowboy boots. Join Facebook to connect with John Muse and others you may know. 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. 10 percent owner Gemini Latin Holdings, Llc [32], On September 28, 2015, Nexstar announced that it presented an unsolicited offer to buy Media General for $4.1 billion (including debt). John Muse is 69, he's been the Independent Director of Nexstar Media Inc since 2017. Ms. McNabb is also an independent director, chair of audit, member of the nominating and governance and compensation committees of NeoGames (NASDAQ: NGMS), a global provider of iLottery solutions for national and state-regulated lotteries, and an independent director and chair of the audit committee of Acronis (private), a global leader in cybersecurity and data protection. Mcmillen served as an Independent Director of the company 2100 Mckinney Avenue, 1600. Commercial Officer Thomas N Murray John R Muse via mailing address: john muse nexstar politics Mckinney Avenue, Suite 1600, Tx. Is the net worth, Texas above is the net worth, Texas 69, He been... Thomas N Murray John R Muse is 8.48 % and completed in.. Not laid off were fired by Nexstar, hired by Mission, and ownership report John! 20 million see the complete history of John R Muse history of John R Muses form insider... 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