CBS TV CEO Les Moonves to Keynote Kagan TV-Radio Conference Oct. 19-21 in New York; More Than 50 Top Execs & Financiers To Speak

Business Wire, Oct 7, 1999

CARMEL, Calif.--(BUSINESS WIRE)--Oct. 7, 1999--

Les Moonves, CEO of CBS TV, will be the keynote speaker at Paul Kagan's conference on TV STATION VALUES & FINANCE: New Deals for the New Century, on Tuesday, October 19, at The Park Lane Hotel in New York.

The TV conference kicks off Kagan's three-day broadcast meeting which continues with RADIO ACQUISITIONS & FINANCE on Wednesday-Thursday, October 20-21, also at the Park Lane. The radio conference is sponsored by Arbitron.

Moonves, who was appointed president of CBS TV in 1995 and promoted to CEO last year, will address the expanding role of TV networks in station and program ownership as well as growth prospects of broadcast networks in the new competitive environment. As keynote, Moonves will trigger a day-long discussion of the most urgent issues on TV's plate:

-- Station and program ownership

-- Network ratings and market share

-- New FCC duopoly rules

-- New technologies

-- Station affiliations

The Kagan meetings will bring more than 50 top broadcast industry executives from 15 radio and eight TV station groups together with leading financiers to share their views and visions of the rapidly changing radio-TV business.

The conference is especially timely because of a veritable flood of radio and TV consolidation in the past two weeks:

-- Viacom's proposed merger with CBS, which would create the

nation's largest TV station group

-- Clear Channel's announced acquisition of AMFM, Inc., forming the

biggest radio company in history with 830 U.S. stations and

interests in 240 internationally

-- NBC's investment in Paxson Communications

-- Gemstar buying TV Guide

Veteran broadcast analysts Paul Kagan and Robin Flynn will lead in-depth discussions on trends in deal values, markets and multiples as well as regulation, new revenue streams and raising capital in the next millennium.

The panel lineup and confirmed speakers:

TELEVISION--WEDNESDAY, OCTOBER 19

Keynote speaker: Les Moonves, President & CEO, CBS TV

-- THE PROGRAM PLAYOFF: The Changing Relationship of Stations and

Networks

-- Andy Fisher, Executive Vice President, Cox Broadcasting

-- Jim Yager, President/Benedek Broadcasting & NAB Joint Board

Chairman

-- John Loughlin, President/Broadcasting Group, Meredith

Broadcasting

-- Kenneth Werner, Exec. Vice President/Distribution, The WB

Television Network

-- GROUP CONSOLIDATION: Trends in Values, Markets and Multiples

-- Robert Prather, Exec. Vice President & COO, Gray

Communications

-- Wendell Reilly, CEO, Grapevine Communications

-- Perry Sook, President & CEO, Nexstar Broadcasting Group, Inc.

-- Dan Sullivan, President & CEO, Quorum Broadcasting Co.

-- TV REGULATION: Bringing TV into the 21st Century

-- Kevin Reed, Sr. Member/Broadcasting Practice, Dow Lohnes &

Albertson

-- Robert Levine, Partner, Vorys, Sater, Seymour & Pease

-- Mace J. Rosenstein, Partner, Hogan & Hartson

-- Wade Hargrove, Attorney, Brooks, Pierce, McLendon, Humphry &

Leonard

-- THE OTHER CAPITAL QUESTION: Raising Debt and Equity in a

Multichannel Millennium

-- Paul Sweeney, Vice President & Sr. Media Analyst, Salomon

Smith Barney

-- Jeff Kilrea, Sr. Vice President/Communications Finance, FINOVA

Capital Corp.

-- Ed York, Managing Director/Media & Communications, Donaldson,

Lufkin & Jenrette

-- Chris Young, Managing Director, Bank of Montreal

-- Bruce Levy, Managing Director/Media & Entertainment Group,

First Union Securities

-- Horace Zona, Managing Director, TD Securities (USA) Inc.

RADIO - DAY ONE - WEDNESDAY, OCTOBER 20

-- CONSOLIDATION STRATEGIES: Charting Trends in Values, Markets and

Multiples

-- Kenneth O'Keefe, COO, AMFM, Inc.

-- Alfred Liggins III, President & CEO, Radio One

-- Richard Weening, Executive Chairman, Cumulus Media, Inc.

-- Larry Wilson, Chairman & CEO, Citadel Communications

-- RADIO REVENUE & CASH FLOW: How to Generate Top-Line & Bottom-Line

Growth

-- Jeff Smulyan, Chairman & CEO, Emmis Broadcasting

-- Peter Smyth, Group Vice President & COO, Greater Media Radio

-- Gary Fries, President & CEO, Radio Advertising Bureau

-- Robert Sherman, President & CEO, Roberts Radio

-- REGULATION AT THE MILLENNIUM: What Changes are in Store in

Washington?

-- Jason Shrinsky, Mng. Prtnr./Wash. DC, Kaye, Scholer, Fierman,

Hays & Handler, LLP

-- Gregg Skall, Partner, Pepper & Corazzini, LLP

-- Harry Martin, Member, Fletcher, Heald & Hildreth, PLC

-- DEBT & EQUITY: Capitalizing on Radio's Growing Balance Sheets

-- Jeff Amling, Managing Director, Deutsche Banc Alex. Brown

-- Victor Miller, Managing Director, Bear Stearns

-- Kristin Allen, Managing Director, Credit Suisse First Boston

-- David Allen, Vice President/High Yield, Morgan Stanley Dean

Witter

-- Reginald Hollinger, Managing Dir./Media & Telecomm. Grp.,

Chase Manhattan

-- Mark Leavitt, Mng. Dir. & Grp. Head/Media, Ent. & Comm.,

Prudential Securities

RADIO - DAY TWO - THURSDAY, OCTOBER 21

-- GRASS ROOTS RADIO: Where the Deals Are

-- Terry Jacobs, Chairman & CEO, Regent Communications

-- Daniel Savadove, CEO, Root Communications Inc.

-- David Benjamin, President & CEO, Triad Broadcasting Co.