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From Wikipedia, the free encyclopedia

Randy Michaels (born Benjamin Homel) is an American broadcasting executive who is the Chief Executive Officer of the Tribune Company and a member of the National Association of Broadcasters TV Board.[1]

Randy Michaels was CEO of Jacor Communications in the 1990s selling to Clear Channel in 1999 and remaining there as CEO until 2002. Early in 2005, Michaels began working with Oak Hill Capital partners on acquisition opportunities, culminating in the creation of Local TV LLC, a company that acquired nine local network-affiliated television stations formerly owned by The New York Times Company.[2][3] In early 2007, Michaels became CEO of the company. On December 22, 2007, Local TV announced it was acquiring eight large market stations from Rupert Murdoch's News Corporation.[4]

On December 20, 2007 Michaels became executive vice president (EVP) of the Chicago-based Tribune Company and chief executive officer (CEO) of Interactive and Broadcasting operations as part of the management restructuring following the consummation of the Tribune Company privatization transaction.[5]

In April 2008 CFO Jerry Kersting, Second Vice President (SVP) for Programming executives Marc Chase and Sean Compton and VP of Technology Steve Gable all left Clear Channel to join the Tribune Company.[6]

On December 2, 2009, Michaels was named Chief Executive Officer of the Tribune Company

Notes

  1. ^ National Association of Broadcasters (2008-04-07). "Randy Michaels Named to NAB TV Board". Press release. http://www.nab.org/AM/Template.cfm?Section=News_Room&TEMPLATE=/CM/ContentDisplay.cfm&CONTENTID=12013. Retrieved 2008-05-14.  
  2. ^ "About Us" (Web). localtvllc.com. Local TV LLC. August 2008. http://www.localtvllc.com/aboutus/. Retrieved 2008-08-24. "We are currently in the process of acquiring a portfolio of 9 television stations. We intend to expand our media footprint, and are pleased to have the NYT stations as a foundation."  
  3. ^ Local TV (2008-08-22). "Press Room". Press release. http://www.localtvllc.com/pressroom/. Retrieved 2008-08-24. "Local TV LLC is a broadcast holding company created in 2007 to acquire nine heritage television stations in eight midsized markets. In 2008, the company acquired eight Fox Affiliates previously owned by News Corporation. Local TV is owned by Oak Hill Capital Partners, management and a consortium of bankers and high yield lenders...."  
  4. ^ Local TV (2007-12-21). "Oak Hill Capital Partners to Purchase Eight Television Stations From News Corporation". Press release. http://www.foxbusiness.com/markets/industries/media/article/oak-hill-capital-partners-purchase-television-stations-news-corporation_418186_15.html. Retrieved 2007-12-22.  
  5. ^ Tribune Company (2007-12-20). "Tribune Completes Going-Private Transaction; Sam Zell Named Chairman & CEO". Press release. http://www.tribune.com/pressroom/releases/2007/12202007.html. Retrieved 2008-08-24.  
  6. ^ Page Albiniak (2008-04-07). "Tribune Taps Clear Channel's Chase for Interactive Group". Broadcasting & Cable (broadcastingcable.com (Broadcasting & Cable)). http://www.broadcastingcable.com/article/CA6548738.html. Retrieved 2008-05-14.  

References

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