According to a panel of high-level executives gathered Thursday morning at the freshly renamed Kagan Media Summit, TV industry growth will come from a number of sources — including private equity, core and emerging advertising categories, a huuuuge bump in 2020 political dollars, and digital expansion and the promise that ATSC 3.0 holds. At the session, Mike Nelson, EVP-CFO of Fox Television Stations, said his company is interested in buying stations that fit the group’s profile, a top-25 market with a sports presence. “At the right price, Fox is very much interested,” he said.
Mike Nelson succeeds Joseph Dorrego as CFO of Fox television Stations, while Dorrego becomes chief investor relations officer and EVP of corporate initiatives at the new Fox Corp.
Mike Nelson will continue to be the lead spokesperson for the group’s 29 stations and will also oversee the stations’ media relations and internal communications functions and provides support to other business units and corporate functions across CBS Corp.