Sabo-Mason International Partners With Tiger Global
September 26, 2005 at 10:00 AM (PT)
SABO-MASON INTERNATIONAL partners DAN MASON and WALTER SABO have announced a new management agreement with TIGER GLOBAL MANAGEMENT to identify and acquire radio stations in Central and Eastern EUROPE.
"Radio in EUROPE is poised to enter a period of explosive growth. The values will increase significantly. That's why we have chosen TIGER GLOBAL MANAGEMENT as our financial partner. They have extraordinary knowledge of this unique market, " commented DAN MASON.
Regarding the Central and Eastern EUROPEAN market, WALTER SABO said, "It's in a building and growth mode much like the US radio landscape in the late 1960's and early 1970's. For the first time there are entire countries free of government run radio and TV stations. We strongly believe this is the right time to enter the Central and Eastern EUROPEAN market."