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Home > Company Index > Media > TV Broadcasting > Raycom Media Inc.

Raycom Media Inc.
 NEWS FROM THE STANDARD
IBlast Gets Digital-Spectrum Boost
Jul 07 2000 12:40 PM PDT

 PROFILE
Small-screen sports mean big-time action for Raycom Media. The company owns 36 TV stations in 19 states and Puerto Rico, as well as a marketing division that owns the broadcasting rights to Atlantic Coast Conference college basketball games (with Jefferson-Pilot Sports). Raycom Sports also owns the MicroPC.com bowl, and three LPGA golf tournaments. In addition, it produces such syndicated sports shows as "The Sports Edge, More Than A Game," and "Get Golf." Its stations reach 10% of all US households. Rick Ray and his wife Dee founded Raycom Sports in 1979 and sold it to Ellis Communications in 1994. Raycom Media was formed in 1996 to buy Ellis. It is backed by Retirement Systems of Alabama.

 COMPETITION
ABC, Inc. (dossier)
Fox Entertainment Group, Inc. (FOX)
Sinclair Broadcast Group, Inc. (SBGI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 326.20
1-Yr. Sales Growth: 7.3%
Employees: 2,800
Revenue per employee: $116,500.00

 KEY PEOPLE
• John Hayes
    CEO
• Paul McTear
    CFO

 CONTACT INFO
201 Monroe St., RSA Tower, 20th Fl.
Montgomery, AL 36104
US
Phone: 334-206-1400
Fax: 334-206-1555
Online: Web Site

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