TVNewsCheck is reporting the Media Financial Management Association has named its five “People to Watch” for 2013 with two of the five, NBC Owned Stations chief financial officer, Christine Dorfler and Tim Busch, executive vice president and chief operating officer for Nexstar Broadcasting Group, directly responsible for making sure their local TV station groups turn a profit.
“The biggest challenge is anticipating how people are going to consume my product three, five, 10, 20 years from now,” Dorfler told Janet Stilson editor of MFM’s The Financial Manager magazine. Dorfler’s former boss, Michael Jack, president and general manager of WNBC told Stilson, ““She’s not only an expert in her own area of the business but she’s one of those people who are intellectually curious, who will take the time to find out about other parts of this business.”
Busch, who TVNewsCheck said is viewed as “chief revenue officer” at Nexstar, came to the company while it was figuring out how to make money from retransmission agreements. The station group has also expanded its role in management service agreements where it operate stations on behalf of other companies. Recently, Nexstar entered into such an agreement with Mission Broadcasting when it purchased Little Rock’s KLRT and KASN resulting changes at the stations.
“Tim has an unmatched work ethic and unbridled passion for this business,” said Perry Sook, the company’s founder, chairman, president and CEO. “He loves what he does and throws himself into it full tilt.”
You can read the article with the complete list of “People to Watch” by clicking here.