The Fed has raised interest rates more than a point since 12 months ago. Meanwhile, an ever-expanding list of digital and non-linear platforms competes with broadcast media in the battle for eyes and ears. Is there still value in transmitters and towers? Can broadcast media’s digital assets convince investors that they deliver better than any other comers when combined with broadcast?
Three industry experts will join veteran radio and television business leader Randy Michaels to take a hard, pragmatic look at what investors think about broadcast media today at Forecast 2024 on November 15 in New York.
Warning: You may not like what you hear, but you need to hear it.
Join us at Forecast 2024 for what promises to be a provocative discussion.
Moderating the conversation is one of the most recognizable figures of the last three decades in both Radio and in Television: Randy Michaels.
Today, Michaels is the sole proprietor of radio station licensee Radioactive LLC and describes himself as a “mediocre broadcast technician who has dabbled in programming, management, and station ownership.” In fact, Michaels has been attributable in more U.S. broadcast licenses than anyone else “and therefore has extensive experience guessing what stations might be worth.” As CEO of Jacor Communications, Michaels led one of the nation’s most successful radio groups. In 2005, he began working with Oak Hill Capital Partners on acquisition opportunities and was eventually appointed CEO. He later served as EVP of the Chicago-based Tribune Company and CEO of Interactive and Broadcasting Operations as part of the management restructuring following the consummation of the Tribune privatization.
On the panel is John Catsimatidis, the entrepreneur known for Gristedes supermarkets in the City of New York who is also the owner of Red Apple Media. It purchased iconic News/Talk 77 WABC in 2020 and today also owns WLIR-FM 107.1, a simulcast partner serving Long Island’s Eastern Half.
Also on the panel are Bob Heymann, the Chicago-based media broker with Media Services Group, and Rob Folliard, the SVP of Government Relations and Distribution at Gray Television.
