Pillsbury Examines Radio’s Financial Future at 2016 Radio Show

August 16, 2016

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WASHINGTON, D.C./NEW YORK — Leading financial forecasters and radio group executives will provide insight on radio’s economic future in a session titled “Pillsbury’s Broadcast Finance Forecast- 2016 Leadership Breakfast,” Wednesday, September 21 from 8:30 a.m.-10:00 a.m. at the 2016 Radio Show. Now in its 26th year, the session is again hosted by law firm Pillsbury Winthrop Shaw Pittman LLP, with breakfast provided by Media Services Group. The Radio Show, produced by the Radio Advertising Bureau (RAB) and the National Association of Broadcasters (NAB), takes place September 21-23 at the Omni Nashville Hotel.

Scott Flick, a partner at Pillsbury, will lead a discussion between top radio business executives and representatives from lending and investment firms. This year’s panel features Caroline Beasley, interim CEO, Executive Vice President and CFO, Beasley Media Group; Bill Hendrich, EVP of Radio, Cox Media Group; Larry Wilson, Founder and Chairman, Alpha Media; Garret Komjathy, Senior Vice President, Media & Communications Division, US Bank, NA; and Ray Shu, Managing Director/Team Leader, Tech, Media & Telecom, Capital One, N.A. Prior to the panel, J. Davis Hebert, CFA, Director, High Yield Media Cable & Telecom Research, Wells Fargo Securities, will present Wells Fargo’s annual report on the financial state of the radio industry.

Caroline Beasley serves as interim CEO, Executive Vice President and CFO of Beasley Media Group, Inc. Since joining the company in 1983, she has served in various capacities, including business manager, assistant controller, and corporate controller. She is also a past Chairman and current member of the NAB Radio Board.

As a partner at Pillsbury Winthrop Shaw Pittman, LLP, Scott Flick represents media entities on transactional, regulatory, business, finance, litigation, and policy matters. He has handled over $30 billion in broadcast acquisitions and mergers, and is the founder and chief editor of CommLawCenter.com. He has represented many of the largest companies in the broadcast industry, and is regularly quoted by both mainstream and trade press on communications law and policy matters.

Davis Hebert is Director of Wells Fargo Securities’ High Yield Media, Cable and Telecommunications research sectors. Hebert started with the company in 2007 as an associate analyst covering the healthcare and gaming sectors. Previously, Hebert provided loan underwriting and portfolio management functions for media and telecom.

Bill Hendrich is Executive Vice President of Radio for Cox Media Group. In this role, he is responsible for programming, operations and sales for Cox’s 59 radio stations in 11 markets. Previously, Hendrich was the Vice President and Market Manager of Cox’s six station radio cluster in Jacksonville, Florida. He is currently on the NAB Radio Board of Directors and has served as the Chairman of the Florida Association of Broadcasters.

Garret Komjathy has 31 years of corporate banking experience, including 20 years in media and communications new deal origination and relationship management. Prior to joining U.S. Bank, he was responsible for managing the New Jersey Department of Banking as part of Governor Chris Christie’s Administration. He has also served as Managing Director & Originator in GE Capital’s Media, Entertainment & Communications Group in New York and as an originator in Bank of America’s (formerly FleetBoston Financial) Media, Communications & Entertainment Group. In 2015, Garret received the U.S. Bank’s Summit Award as recognition for being among the top wholesale bankers.

Ray Shu joined Capital One in April 2016 and currently serves as Managing Director and Head of Originations for Capital One’s Technology, Media and Telecom (TMT) lending platform. Prior to joining Capital One, he served as Senior Managing Director and Team Leader for GE Capital’s TMT business. In this position, he led his team in providing senior secured financing to middle-market companies and sponsor-based activities in various TMT sectors.

As founder and Chairman of Alpha Media, Larry Wilson oversees more than 2,400 employees working in 250 radio stations in 51 markets across the country. Alpha Media is the fourth largest broadcast company in the United States and specializes in live and local radio content, community involvement and the creation of live events. Earlier in his 35-year radio career, he co-founded Citadel Communications in Phoenix, Arizona. There, he assumed the roles of Chairman and CEO and took the company public in 1998.

Explore additional 2016 Radio Show sessions here.

News media registration is available here.

About the Radio Show
The 2016 Radio Show, produced by the Radio Advertising Bureau (RAB) and the National Association of Broadcasters (NAB), will be held September 21-23 in Nashville. This year’s show brings radio broadcasters and industry colleagues together to share knowledge, discover the latest innovations, network with industry leaders and explore creative business strategies for the digital age. To learn more about the 2016 Radio Show, visit www.radioshowweb.com.

About RAB
The Radio Advertising Bureau serves more than 6,000 member Radio stations in the U.S. and over 1,000 member networks, representative firms, broadcast vendors, and international organizations. RAB leads and participates in educational, research, sales, and advocacy programs that promote and advance Radio as a primary advertising medium. Learn more at www.rab.com.

About NAB
The National Association of Broadcasters is the premier advocacy association for America’s broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.

Article Courtesy NAB