John Catsimatidis Acquires New York Media Outlet WABC
What happened
John Catsimatidis added WABC, a New York media outlet, to his business portfolio. The station features personalities like Dominic Carter and Greg Kelly, whose programs cover law enforcement issues in New York. The Detectives’ Endowment Association recently honored John and Margo Catsimatidis for their commitment to the New York law enforcement community and the station’s coverage of police officers and detectives.
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Why it matters
The acquisition expands the business portfolio and assets of John Catsimatidis. WABC’s coverage of law enforcement issues gives the station an influential role in public debate regarding police services in New York.
From talkers.com
Who's involved
- John CatsimatidisAcquired WABC and expanded his business portfolio.
- Dominic CarterPersonality at WABC whose coverage of law enforcement is noted.
- Greg KellyPersonality at WABC whose coverage of law enforcement is noted.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Dominic CarterSpeculative
A change in WABC ownership could affect his employment and revenue stream.
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The entities involved
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John Catsimatidis
American billionaire, radio talk show host, and politician
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New York
state of the United States of America