FCC and a cast of thousands look into financing


Well, maybe it won’t be thousands, but the off-campus FCC July Open Meeting will bring together the five commissioners, an impressive lineup of minority and female broadcasters, various members of the watchdog community and – perhaps most important – a healthy contingent of capital connections. Would-be station buyers, start your pitches.

The FCC announced that the session has been moved from Barnard College. Instead, it will be held at the Schomburg Center for Research in Black Culture, in the Langston Hughes Auditorium.  The Schomburg Center is located at 515 Malcolm X Blvd. in New York City. Also, an hour has been added – it will now from from 1PM-5PM. The Minority Media and Telecommunications Council notes that the moderator will be CNBC’s Erin Burnett. MMTC is urging all of its members who are within range of the meeting to be in attendance.

Introductory remarks will come from Martin L. King, Chairman of the Rainbow PUSH Coalition and presentations on the state of capital markets by Mark Fratrik, Vice President, BIA Financial Network and the elements associated with completing a financing deal by Susan Patrick, Co-owner, Managing Partner, Patrick Communications.

The first panel is entitled Successfully Securing Equity Financing. The panel includes Raul Alarcon, Chief Executive Officer, Spanish Broadcasting System; Percy Berger, Managing Partner, Dempster Group; Pastor Delman Coates, Enough Is Enough Campaign for Corp. Responsibility in Entertainment; James Fleming, Jr., Partner, Columbia Capital; Ronald Gordon, President & CEO, ZGS Communications; Anita Stephens Graham, Partner, Opportunity Capital Partners; Reginald Hollinger, Managing Partner, Quetzal/JPMorgan Partners; Terry L. Jones, Managing General Partner, Syncom Funds; Brian Rich, Managing Partner, Catalyst Investors; Andy Schwartzman, President & CEO, Media Access Project; Diane Sutter, President & CEO, ShootingStar Broadcasting; and Frank Washington, Chairman & CEO, Tower of Babel LLC.

The second panel is called Successfully Securing Loans, and will Charles J. Dreifus, Managing Director, CIT Communications, Media & Entertainment; Leo Hindery, Jr., Managing Partner, InterMedia Partners; George Ivie, CEO & Executive Director, Media Ratings Council; William Lisecky, Managing Director, Oppenheimer & Co. Inc./Investment; Chesley Maddox-Dorsey, President & COO, Access.1 Communications Corp.; Steve Morris, Chairman, President, CEO, Arbitron; Susan Patrick, Co-owner, Managing Partner, Patrick Communications;
Michael V. Roberts, JD, Chairman & CEO, The Roberts Companies; John Stevens Robling, Jr., Managing Director, LIATI Capital; Mayela Rosales, Executive Vice President of Azteca America, SWFL; Charles Warfield, President, Inner City Broadcasting Corporation; and James Winston, Executive Director, National Association of Black-Owned Broadcasters.