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           Guest For  FRIDAY DECEMBER 12,  2008 



                                      (Originally aired: March 1984)

                               RICHARD  MENDELSON


              President & Chief Operating Officer

                       Katz Communications Inc.


                                     (An all Employee Owned

                      Very Successful Media Industry Company)

                               Michael Hugger


                      V.P. General Sales Manager

                      Katz American Television


                                       (An all Employee Owned

                     Very Successful Media Industry Company)

                                 William Fortenbaugh


                                V.P.  Katz Radio


                                     (An all Employee Owned

                       Very Successful Media Industry Company)

                                 James Greenwald


                                            Chairman CEO:

                         Katz Communications Inc. 


                                        (An all Employee Owned

                         Very Successful Media Industry Company)


The program can be viewed in its entirety by clicking the you tube link below:    

 http://www.youtube.com/watch?v=i1TApw99RDI - KATZ COMMUNICATIONS INC.




Katz Communications Inc. - March 1984 Original Air date
Katz Media Group is the leading media representation company in the United States. With more than 3,000 radio stations and 400 television stations retaining our services, Katz is the only media representation company to serve multiple electronic media. Founded in New York in 1888, the company was the nations first media representation firm. During the 1930s the agency broadened the scope of its activities to include the medium of radio. When a number of Katz's newspaper clients became owners of pioneering radio stations, the company began to peddle air time. By the mid-1930s Katz agents were selling advertising on ten radio stations. The company, which by this time had shortened its name to the Katz Agency, prospered throughout the 1930s and early 1940s, and in 1947 the company grew to represent television stations.

In 1952 Eugene Katz ascended to the presidency of the firm. Later in his tenure, in 1969, the company relinquished the business in which it had gotten its start: newspaper representation. Having had great success with the electronic media for more than two decades, the company concentrated exclusively on the growing field of radio and television.
In the early 1970s Eugene Katz decided to retire as company president. Lacking a suitable heir to the business, he established a stock ownership plan, dividing the company's assets among every employee. The arrangement was structured by Louis O. Kelso the Attorney and Investment Banker who is widely recognized as the father of the ESOP or Employee Stock Ownership Plan and Co-Author (With Mortimer Adler) of the 1958 book "The Capitalist Manifesto". After 84 years of exclusive Katz family control, Katz sold the family firm to its workers on January 1, 1972. The company's stock was put in a trust for each employee based on his or her rate of pay. As the value of the stock grew, dividends were re-invested, the stock remaining in trust until an employee left the firm. Katz Media Groups longstanding success is credited to the strength of their workforce. In 1975 Jim Greenwald, executive vice president of the Katz Agency, took over leadership of the firm. During Greenwald's tenure the company underwent striking growth, tripling its size over the next 15 years. To better serve its clients, the Katz Agency rearranged its television sales operations in 1976 by dividing customers into two groups on the basis of market size: Katz Continental Television would serve stations in medium-sized and smaller cities, and Katz American Television would sell air time on stations in the 50 largest markets. This division allowed salespeople to streamline their work to meet the needs of prospective clients.


                                        Friday December 12, 2008

                                 10:30 - 11:30 AM  / (NYC Time)

                 Channel 34 of the Time/Warner & Channel 83 of the RCN 
                       Cable Television Systems in Manhattan, New York.

The Program can now be viewed on the internet at time of cable casting at


                  NOTE: You must adjust viewing to reflect NYC time

                                          & click on channel 34 at site