“As a result of widely embraced deregulation in the radio industry broadcast companies including Marathon Media began to acquire multiple radio stations in a single market. Companies also began wide expansion into markets where consolidation was a key value creation option. As Marathon grew from a modest small market operator into major consolidator and ultimately established a national operating platform with nearly 135 stations Larry Levy (CFO) was retained to maximize efficiencies which resulted in meaningful cost savings and a centralized accounting and administrative staff. The results Larry achieved helped Marathon produce EBITDA margins which well exceeded industry standards. Larry’s relationship with the Company’s lenders met their strict reporting standard and resulted in a successful outcome for the lending institutions and the company. We continue to consult with Larry on initiatives which involve management’s continued work in broadcasting.”   

–Chris Devine, Chief Executive Officer

Marathon Media

Geo Broadcast Solutions