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Home > Company Index > Diversified Services > Marketing & Public Relations Services > The Ackerley Group, Inc.

The Ackerley Group, Inc.
NYSE: AK
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 PROFILE
For The Ackerley Group, the signs of success are covered with paid advertising. The company is a leading outdoor advertising company with more than 6,000 billboard displays in Massachusetts, New Jersey, New York, Oregon, and Washington. It is also active in broadcasting with a portfolio of 18 TV stations and four radio stations in Alaska, California, New York, Oregon, and Washington. In addition, the company owns a handful of regional Web sites. In 2001 Ackerley sold the Seattle SuperSonics professional basketball team (which founder Barry Ackerley had owned since 1983) and the Seattle Storm WNBA franchise. The Ackerley family controls 88% of the company.

 COMPETITION
Granite Broadcasting Corporation (GBTVK)
Infinity Broadcasting Corporation (dossier)
Lamar Advertising Company (LAMR)

 DEALS
Deal: RadioCentral Closes $2.5 Million Funding Round
Date Announced: 04.20.01
Value of transaction (US $Mil): Not Disclosed
Description: Internet radio company secures funding from two institutional investors.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 224.60
1-Yr. Sales Growth: (19.3)%
Employees: 1,735
Revenue per employee: $129,452.45

 KEY PEOPLE
• Barry A. Ackerley
    CEO
• Kevin E. Hylton
    CFO

 CONTACT INFO
1301 5th Ave., Ste. 4000
Seattle, WA 98101
US
Phone: 206-624-2888
Fax: 206-623-7853
Online: Web Site

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