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Former Cumulus SVP Gary Pizzati Joins Lew Dickey's Modern Luxury Media As Pres./CRO
How Will Their $209 Million War Chest Be Spent?
September 7, 2018 at 3:54 AM (PT)
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Former CUMULUS MEDIA SVP/Major Markets GARY PIZZATI is back with his old boss, joining LEW DICKEY's MODERN LUXURY MEDIA as Pres./CRO.
"MODERN LUXURY is the country’s largest local luxury media company, with 84 titles in the top 24 markets in the UNITED STATES," said PIZZATI via a post on LINKEDIN. "We live where luxury lives, with editors and marketers in all our cities: ASPEN; ATLANTA; BOSTON; CHICAGO; DALLAS; THE HAMPTONS; HAWAII; HOUSTON; LAS VEGAS; LOS ANGELES; MIAMI; NEW YORK; ORANGE COUNTY; PALM BEACH; PHILADELPHIA; SAN DIEGO; SAN FRANCISCO; SCOTTSDALE, AZ; SILICON VALLEY; WASHINGTON, D.C.; and SOUTH FLORIDA & THE CARIBBEAN. No one gets closer to the luxury community than MODERN LUXURY." The post notes, "As President/Chief Revenue Officer, GARY will oversee their 100 million dollar local, national, event and digital revenue portfolio."
As ALL ACCESS reported last year (NET NEWS 5/19/17), on MAY 17th, 2017, MODERN MEDIA ACQUISITION CORP. completed its initial public offering of 20,700,000 units, including the full exercise of the underwriters’ Over-Allotment Option (as defined below) of 2,700,000 units. The company has 18 months to spend $209 million.

