[10] He graduated from the United States Air Force Academy in 1973, where he played intercollegiate lacrosse, and received an M.B.A. from UCLA in 1974. and Tuesday, mayoral candidate Brandon Johnson picked up an . sale [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. sale Hemisphere generates revenue from the sale of advertising and broadcasting. 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. . Mr. Armstrong currently serves as Chief Executive Officer of 310 Partners, a private investment firm. Discovery will each retain 12.5% ownership. . The deal did not require regulatory approval, but had to perform financial closure conditions at the company's fiscal third quarter, i.e. 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. The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. [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. They reside in Flower Mound, TX. SVP & Business Innovation Bassey Ekpo ABRY helped found Nexstar alongside Perry Sook in 1996 and fully exited its ownership position in the Company in 2013. She also previously served on the advisory board of American Airlines. brought I work across periods, from ancient to digital, but with . 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 . of 0 shares. A visitor looks at artist Refik Anadol's "Unsupervised" exhibit at the Museum of Modern Art, Wednesday, Jan. 11, 2023, in New York. Median Employee Pay. Dean Foods provides products including ice cream, cultured products, juices, teas, bottled water, and other products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities throughout the United States. 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. no insider transaction in Hemisphere Media Group Inc (HMTV). a net , He previously served as Timios National Corporations (formerly Homeland Security Capital Corporation) Chief Executive Officer and Chairman of the Board from August 2005 and as its President from July 2011 to February 2014. Click here to see the complete history of John R Muses form 4 insider trades. The company operates through a single segment being the operation of Spanish-language Networks and content platforms. In 2022, Mr. Sook spearheaded Nexstars 75% investment in The CW Network, Americas fifth major broadcast network. , The current estimated net worth of Nexstar Media Group, Inc's Director, John Muse, is estimated to be about $127.46M . Executive Summary. , sale Facebook gives people the power to share. 2. . Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. 10 percent owner Hwk Parent, Llc [61], On April 30, 2017, The Wall Street Journal reported that there were competing bids for Tribune Media from Nexstar and a partnership between 21st Century Fox and private equity firm Blackstone Group. He finished his collegiate career with a record . Oz and Fetterman will face off at 8 p.m. Tuesday in Harrisburg in the first and only debate ahead of the Nov. 8 general election. 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) The most active insiders traders include Royce Yudroff, Broadcast Partners Iii Lp Abry, and Broadcast Partners Ii L P Abry. 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. sale 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. 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. John R Muse is Mission Broadcasting then paid Nexstar to operate and control the production and news-gathering operations while Mission kept the sales and management team. Active Irving, TX Director for Nexstar Media Inc. Overview. Search our database of over 100 million company and executive profiles. 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.). John R Muse around $22 Million. Nexstar was profitable and posted positive cash . [10][11][14][15] Other players include Adolfo Cambiaso, Andres Weisz, Jason Crowder, Santiago Torres and Sebastian Merlos.[10][11][15]. [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. 10 percent owner Justin B Borus Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Dean Foods Company is a food and beverage company based in the United States. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. This began the first-ever 'shared-services' agreement between stations. 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. Dana Zimmer is President-Distribution & Strategy Officer at Nexstar Media Group, Inc. Ms. Zimmer previously was Executive VP-Affiliate Sales & Marketing at Comcast, Inc., President-Distribution at. WYOU's staff who were not laid off were fired by Nexstar, hired by Mission, and eventually rehired by Nexstar. Rosenwald 415D. Other key executives at Nexstar Media Group Inc include [96][97][98][99], On August 20, 2021, Nexstar acquired political news website The Hill for $130 million. John's mailing address filed with the SEC is 3131 TURTLE CREEK BLVD., SUITE 1020, , DALLAS, TX, 75219. Non-station assets. Other key executives at Hemisphere Media Group Inc include View John Muse's profile for company associations, background information, and partnerships. brought John R Muse made The former Westcott home is the newest house on an old block. Hemisphere Media Group Inc (HMTV) The Debate Starts Now! Based on ownership reports from SEC filings, as the reporting owner, John R Muse owns 4 companies in total, including 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. Published Oct 25, 2022. The current estimated net worth of Nexstar Media Group, Inc's Director, John R Muse, is estimated to be about $127.39M . Details can be seen in John R Muse's Latest Holdings Summary section. The most-recent trade in Media General Inc is the Last edited on 24 September 2022, at 17:40, UCLA Anderson Continues Celebrating 75 Years of Business Beyond Usual, Business Partner Says Co-Founder of Tom Hicks' Private Equity Firm Screwed Him Over, The 100 Most Expensive Homes in Dallas 2009, https://en.wikipedia.org/w/index.php?title=John_Muse_(businessman)&oldid=1112101580, This page was last edited on 24 September 2022, at 17:40. and Muse Family Enterprises. I. Martin Pompadur Director of 870,222 shares made by Fine Capital Partners, L.p. [31] In 2015, Nexstar sold off the licensee assets of WLYH-TV, the CW affiliate to Howard Stirk Holdings. CHICAGO It's crunch time on the campaign trail. Nexstar Media Group CEO and Executives. of 0 shares. 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 John R Muse Because this was in the same market as WYOU, WYOU was 'sold' to Mission Broadcasting. If you have Verizon Fios TV as your cable provider, you may run into issues trying to watch Tuesday's highly anticipated Pennsylvania Senate debate between John Fetterman and Mehmet Oz. of 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 . He was inducted to The Library of American Broadcasting Foundations 2016 Giants of Broadcasting and Electronic Arts and received The Media Institutes 2016 American Horizon Award, recognizing his leadership, promoting the vitality and independence of American media. Fundamental company data provided by Morningstar, updated daily. and [4] The first television station bought by Nexstar was WYOU in Scranton, Pennsylvania. From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, an NYSE publicly traded company. 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. The Independent Director, John Muse, made the biggest insider sale in the last 12 months. John Muse has co-founded HM Capital's predecessor firm in 1989. [30] The sale was completed on December 1, 2014. , [16][17] The house was designed by British architect Quinlan Terry, and completed in 2001. In summary, during the past 3 months, insiders sold 0 shares of ProShares UltraShort Telecommunications (TLL) in total and bought 0 shares, with a net In June 2021, Mr. Sook was elected Television Board chair for the National Association of Broadcasters (NAB). 545 E. John Carpenter Freeway, Suite 700. WYOU's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. [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). 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