The current estimated net worth of Nexstar Media Group, Inc's Director, John R Muse, is estimated to be about $127.39M . As a lifelong athlete and equine enthusiast, Muse's polo appreciation soon elevated from spectator to player while learning and playing club chukkers at the Guards Polo Club in Egham, England. Mr. He is married to Lyn Muse, a UCLA alumnus and interior designer. Mr. Sook was previously a member of the Board of Directors of the Television Bureau of Advertising (TVB), where he also served as Chairman. John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. CHICAGO It's crunch time on the campaign trail. Mr. John R. Muse is Independent Director at Dean Foods Co., Chairman at HM Capital Partners LLC, Arena Brands, Inc., and Lucchese Boot Co., Investment Committee Member at 21st Century Group. The new AI-generated [62][63][64][65] However, on May 8, 2017, it was announced that Tribune reached a deal to be acquired by Sinclair Broadcast Group. 9 no longer Chicago's very own", "Sinclair Pays Nexstar $60M, Some Assets, to Settle Tribune Suit", "Nexstar to Launch National Primetime Newscast on WGN America", "WGN America Launches Primetime Newscast With A Promise: Just The Facts", "Dish Network customers lose Nexstar's local TV stations in 115 markets over failed negotiations", "DISH And Nexstar Announce Multi-year Carriage Deal, Restores Local Nexstar Stations On DISH", "Irving-based Nexstar to buy product review site BestReviews from Tribune Publishing for $160 million", "The CW Renews Agreement With Top Affiliate Nexstar Media Group", "WarnerMedia and ViacomCBS Are Exploring Possible Sale of CW Network", "WSJ News Exclusive | Nexstar Nears Deal to Acquire Majority Control of CW Network", "(Comicbook.com) The CW: Nexstar Reportedly Closing Deal For Majority Control of Network", "The CW: Nexstar Reportedly Closing Deal For Majority Control of Network", "The CW Poised To Get New Corporate Home As Nexstar Confirms Plan For 75% Ownership Stake; Mark Pedowitz To Remain CEO", "Nexstar Media Buys Political News Hub, The Hill, For $130 Million", "Nexstar to Launch Rewind TV, Digital Channel Airing Classics", "Nexstar Media Inc. to Launch "Rewind TV" on September 1", sorted by primary channel network affiliations, https://en.wikipedia.org/w/index.php?title=Nexstar_Media_Group&oldid=1130929452, Television broadcasting companies of the United States, Articles with unsourced statements from June 2017, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Nexstar Broadcasting Group, Inc. (19962017), This page was last edited on 1 January 2023, at 18:06. Internal Medicine, 1996 . The majority of the company's income is generated from fluid milk sales. If Media General agreed to the counteroffer within a 20-day period, Nexstar would expand its portfolio to 114 television stations, pending spinoffs in markets where both own stations and federal approval. John Muse, HM Capital Partners Season 2 Episode 10 | 26m 39s KERA's Lee Cullum discusses HM Capital Partners with CEO John Muse. John Muse owns about 9,025 units of Nexstar Media Group, Inc common stock. [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. [1][2][3][7], He learned to play polo at the Ascot Park Polo Club in Ascot, Berkshire, England in 2001. by the start of October 2022, in order to complete the transaction; thus, Nexstar first took over operations of the network on August 15, with the transaction's full completion announced later on October 3. The purchase prices were between $60.4 and $73.15, with an estimated average price of $66.98. Over the last 19 years, insiders at Nexstar Media Inc have traded over $540,912,086 worth of Nexstar Media Inc stock and bought 875,610 units worth $3,197,323 [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. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. 773.702.2196. By Caleb Howe Oct 26th, 2022, 1:25 pm. [2], He serves on the board of the UCLA Anderson School of Management and the Cox School of Business at Southern Methodist University. John R Muse sale 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. Hemisphere Media Group Inc (HMTV)'s detailed insider trading history can be found in Insider Trading Tracker table. John R Muse is the director of Dean Foods Co. Nexstar Media Group Inc (NXST) of 0 shares. 53,100 shares on August 7, 2013, which John R Muse is the 10 percent owner of ProShares UltraShort Telecommunications. According to the SEC Form 4 filings, John R Muse has made a total of WYOU's sales staff was kept in Scranton while the production and news operations were moved to WBRE's offices in Wilkes-Barre. Among these stocks, Dallas/Fort Worth Area. That means that even . [5][6][7][8][12], From 1980 to 1984, he served as Senior Vice President and a Director of Schneider, Bernet & Hickman in Dallas. Mr. Sook also worked briefly as a television news anchor at the CBS affiliate in Clarksburg, WV. [citation needed], In 1997, Nexstar acquired WJET-TV in Erie, Pennsylvania from Jet Broadcasting, for which it paid $18.5million. It is built in the Neo-Palladian style. Mr. Pompadur currently serves as a member of the board of directors of Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), Director of Troika Media Group, Inc. (NASDAQ: TRKA), Director of Golden Falcon Acquisition Corp. (NYSE: GFX), Chairman of Metan Global Entertainment (private), and Director of RP Coffee Ventures (private). John Muse has co-founded HM Capital's predecessor firm in 1989. Internship University of Connecticut, 1987 - 1988 Medical School West Virginia University, 1983 - 1987 Residency Hartford Hospital, 1988 - 1991 Board Certifications. . of 786,777 shares. Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas, Midtown Manhattan, and Chicago. In June 2021, Mr. Sook was elected Television Board chair for the National Association of Broadcasters (NAB). Active Irving, TX Director for Nexstar Media Inc. Overview. and John R Muse around $2 Million. [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. 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. Nexstar Media Group CEO and Executives. 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) 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. He founded Nexstar in 1996 with one local television station in Scranton, PA, and began building the foundation of what became one of the worlds leading local marketing and content companies, leveraging localism to bring new services and value to consumers and advertisers across its traditional media, digital and mobile media platforms. EVP General Counsel Rachel Morgan Mr. FitzSimons currently serves as Chairman of the Robert R. McCormick Foundation (non-profit), a charitable organization with extensive assets where he has held his position since 2004. KCAU continued to use Citadel's standardized news sets, graphics and logos. and Teaching at UChicago since 2010. WYOU's staff who were not laid off were fired by Nexstar, hired by Mission, and eventually rehired by Nexstar. John Muse Portfolio Investments, John Muse Funds, John Muse Exits [53] The sale was completed on January 31, 2017. Synopsis My research and teaching explore theater as an embodied practice and as a powerful set of aesthetic and social assumptions. 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. 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 His English Palladian house is on the tax rolls for $48.6 million. [14] In 2006, Nexstar bought out WTAJ-TV and the licensee rights of WLYH-TV from SJL Broadcasting for $56 million. $51,793. Austin, TX October 9, 2020: M.J. Hegar removes her mask as Republican U.S. Sen. John Cornyn of Texas and Democratic challenger Hegar of Round Rock face off in a Nexstar televised debate Friday . Over the past 18 months, 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 is the largest television station owner/operator in the United States, with 199 stations in 116 markets. [16][17] The house was designed by British architect Quinlan Terry, and completed in 2001. Based in Irving, TX, Nexstar trades on NASDAQ under the symbol NXST. The Independent Director, John Muse, made the biggest insider sale in the last 12 months. Teaching at UChicago since 2010. 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. [100], A new digital subchannel network, Rewind TV, was launched on September 1, 2021, featuring classic TV shows from the 1980s and 1990s.[101][102]. [26], On April 24, 2013, Nexstar announced that it would acquire the entire group of Communications Corporation of America, KMSS-TV, KPEJ-TV, and most of the ComCorp-managed stations that are owned by White Knight Broadcasting would be sold to Mission Broadcasting while WEVV-TV and White Knight Broadcasting's KSHV-TV would be sold to a female-controlled company called Rocky Creek Communications, with Nexstar assuming operational control of those stations. 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 . The estimated Net Worth of John R Muse is at least $102 milli dollars as of 17 May 2022. Pennsylvania Democratic Senate nominee John Fetterman has committed to a televised debate with his Republican challenger, Dr. Mehmet Oz, next month. [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. 10 percent owner Gato Investments Lp 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.). About John Philip Muse, MD. 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. Dean Foods Co (DFODQ) Over the past 18 months, Search our database of over 100 million company and executive profiles. Dean Foods Co (DFODQ) of 12,500 shares. [9] In 1999, Nexstar bought out WROC-TV in Rochester, New York from Smith Broadcasting. of 0 shares. Dean Foods Co (DFODQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Nexstar also owns popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. 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. John R Muse - Add Relationship - LittleSis Private equity investor Mr. Muse is Chairman of HM Capital Partners LLC (formerly known as Hicks, Muse, Tate & Furst Incorporated), a private equity firm, which he co-founded in 1989. [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. 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. . 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. , 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. That single transaction was for US$2.0m worth of shares at a price of US$188 each. [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. Gender Male Specialties Internal Medicine. [19] Nexstar chose to drop Fox from WFXW in Terre Haute, Indiana and re-affiliate with ABC on September 1, 2011 (becoming the only Nexstar station thus far to affiliate with another network following the removal of the Fox affiliation) as part of a long-term renewal agreement between Nexstar and ABC for the group's nine existing ABC stations, reversing a 1995 switch that saw Terre Haute losing over-the-air carriage of ABC programs (since then, ABC has been seen in the market via Indianapolis affiliate WRTV on area cable and satellite providers);[20][21] the Fox affiliation then moved to a digital subchannel of CBS affiliate WTHI-TV which also added MyNetworkTV as a secondary affiliation. [23][24] Nexstar would purchase KRBK in late 2018, restoring its ownership of the Fox affiliation in the Springfield, Missouri market. CEO Name. [89] On March 1, 2021, the WGN America channel was renamed NewsNation. purchase [9] They live in a US$50 million mansion in Highland Park, Texas (a suburb of Dallas, Texas). The former Westcott home is the newest house on an old block. EVP & Chief Revenue Officer Michael Strober In addition, he makes $241,774 as Independent Director at Nexstar Media Inc. John has made over 65 trades of the Nexstar Media Inc stock since 2004, according to the Form 4 filled with the SEC. [39][40], On May 27, 2016, Nexstar announced the sales of five stations. Use the CB Insights Platform to explore John Muse's full profile. Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. Following the $7.1 billion accretive acquisition of Tribune Media and the $4.6 billion accretive acquisition of Media General, Nexstar Media Group, Inc. is the largest local broadcast television operator in the United States, with 200 stations reaching 116 markets, or more than 68% of all television households, and annual revenue in excess of $4.5 billion. It's a publicly-traded company on the Nasdaq under the ticker symbol "NXST.". Mini Bio (1) John R. Muse was appointed a member of the Board of Directors of Nexstar effective January 2017. Mr. Pompadur served as Global Vice Chairman, Media and Entertainment at Macquarie Capital from 2009 to 2016. John R Muse is [2][4] In 1989, he co-founded HM Capital Partners, a hedge fund, with Tom Hicks. Published Oct 25, 2022. 1,666 Jobs. From 2018 to 2019 Ms. Aulestia was President, Global Distribution and from 2015 to 2018 was Executive Vice President, Global Distribution at HBO, the premium programming subsidiary of WarnerMedia. John Muse. View the profiles of people named John Muse. Share Excel John Muse Overview . WASHINGTON, D.C. (WHTM) - Pennsylvania U.S. As the Independent Director of Nexstar Media Inc, the total compensation of John Muse at Nexstar Media Inc is $241,774. [50][51], On February 2, 2015, Nexstar finalized its acquisition of Yashi, a location-focused, video-advertising and programmatic-technology company, for $33 million. 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. The other 1 stocks [citation needed], On November 6, 2013, Nexstar announced that it would purchase the Grant Broadcasting stations for $87.5 million. 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. The estimated Net Worth of John R Muse is at least $101 Million dollars as of 17 May 2022. [15], On March 20, 2009, Nexstar operated television stations that were owned by Four Points Media Group through an outsourcing agreement. 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 . Ms. McNabb served as the Chief Financial Officer and Chief Operating Officer of Linux Foundation, an open-source technology consortium, from 2018 to 2020. (They gave $5,000 to Marsha Blackburn (R-Tenn.) in the 2018 cycle, but also gave $2,500 to Tammy Baldwin (D-Wis.)) [96][97][98][99], On August 20, 2021, Nexstar acquired political news website The Hill for $130 million. In the summer of 2020, the option was transferred to Mission Broadcasting (whose station acquisitions are largely funded by Nexstar) and exercised shortly thereafter. . [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. Mr. Muse received his B.S. [10], In 2003, Nexstar acquired Quorum Broadcasting (owner of 10 television stations). sale John R. Muse is an American businessperson who founded Kainos Capital LLC and who has been the head of 5 different companies. Prior to that, she held positions with w2wlink, Match, Sodexo, PepsiCo Frito-Lay, American Airlines, AT&T and JP Morgan Chase. Rosenwald 415D. The Digital Division operates 122 local websites and 316 mobile apps offering hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content and creating new revenue opportunities for the company. GuruFocus also compares John R Muse's trading performance to market benchmark return within the same time period. POLITICAL . We will update John Muse's religion & political views in this article. The two companies viewed the acquisition as being a complement to Nexstar's WHAG-TV, whose coverage area includes the Eastern Panhandle region. , 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. 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 1,024,154 shares made by Edenbrook Capital, Llc and The Broadcasting Division operates, programs, or provides sales and other services to 198 television stations and related digital multicast signals reaching 116 markets or approximately 39% of all U.S. television households (reflecting the FCC's UHF discount). 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. The PAC favors Republicans, but only slightly. sale sale The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. WDKY's transaction was completed on September 17, 2020.[87]. The company processes, sells, and distributes dairy products under more than 50 local and regional dairy brands and private labels such as DairyPure and TruMoo. The most-recent trade in Nexstar Media Group Inc is the ( 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.". Because this was in the same market as WYOU, WYOU was 'sold' to Mission Broadcasting. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The stock is now traded at around. In July 2012, Nexstar agreed to purchase 11 stations and Inergize Digital Media from Newport Television with two stations going to affiliate Mission Broadcasting. [2][5][8] He is a member of the 21st Century Group and Senior Advisor of Gerken Capital Associates, two investment firms. 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. Charter of the Audit Committee From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, an NYSE publicly traded company. [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]. [16], In 2011, Nexstar and Fox entered into a dispute over terms of reverse compensation; this occurred as Fox began to aggressively seek shares of earnings from retransmission consent agreements with cable and satellite operators as part of affiliation agreement renewals between station groups with affiliates whose affiliation contracts had already expired (and carrying the network's programming without a contractual agreement) or were near expiration. Nexstar stated that these divestitures would be used to help fund the sale and cover debt. Nexstar operates traditional media as well as digital and mobile media . John R. Muse. jmuse@uchicago.edu. of 0 shares. 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. 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