October 22, 2014 6:35 PM ET

Media

Company Overview of Raycom Media, Inc.

Company Overview

Raycom Media, Inc., through its subsidiaries, engages in the businesses of television broadcasting, video production, production and post-production/digital signage, and sports and entertainment production. It owns and operates television stations; and marketing, production, and events management and distribution business. The company was founded in 1996 and is based in Montgomery, Alabama.

201 Monroe Street

RSA Tower

20th Floor

Montgomery, AL 36104

United States

Founded in 1996

Phone:

334-206-1400

Fax:

334-206-1555

Key Executives for Raycom Media, Inc.

Chief Executive Officer and President
Age: 65
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Executive Vice President
Chief Technology Officer and Vice President of Technology
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2014.

Raycom Media, Inc. Key Developments

Raycom Media Restores 43 Local Stations to DIRECTV Homes

DIRECTV and Raycom Media have entered into a new agreement that will restore Raycom Media's 43 local broadcast stations into DIRECTV customers' homes immediately. The resolution guarantees New Orleans Saints, Cleveland Browns and other NFL fans will see their home team's opening games starting at 1 p.m. ET this afternoon. Terms were not disclosed.

Raycom Media Appoints Ken Reiner as its New VP of Programming

Raycom Media announced the appointment of Ken Reiner as its new VP of programming. Reiner will assume the new role from September 1, 2014 and will report to Susana Schuler, senior VP of content, marketing and programming. He has been corporate director of programming for the group, based out of L.A., where he will remain. Reiner manages program content, development and syndication purchases, scheduling and the budget for the mix of affiliates of the Big Four and smaller nets. Earlier, Reiner served in programming at Tribune Broadcasting and Newport Television.

New Orleans Saints Says Report That Raycom Is In Acquisition Talks For Fox 8 Is Incorrect

News regarding Raycom Media, Inc. eyeing Emmis Communications, WVUE-TV was incorrect. According to Head of the organization that published the news, the recent report that Raycom Media is in negotiations to purchase WVUE-TV in New Orleans was a ‘mistake’. The statement came a day after a spokesman for station owner, Tom Benson said there are no plans to sell the station, billed as ‘Fox 8’. Chief Executive Officer of Retirement Systems Of Alabama, David Bronner said that the brief item in the group’s October 2013 newsletter, stating Raycom Media was in talks to buy the station for $55.6 million, was incorrect. According to the news report, the official declined to comment further. On October 7, 2013, New Orleans Saints, Inc.’s Senior Vice President of communications, Greg Bensel that the report was ‘inaccurate’ and has no plans to sell WVUE. The report added that de declined to say if Raycom had approached Benson about purchasing the station.

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Target
Merger/Acquisition
October 2, 2014
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