Friday, December 23, 2011

NBC alum Marc Graboff to become listed on CKX

Marc Graboff is poised to accept reins of CKX, the holding company that is the owner of "The American Idol ShowInch producer 19 Entertainment and privileges towards the title and similarities of Elvis and Muhammad Ali, among other assets. Graboff, former NBC prexy of West Coast procedures, is anticipated for everyone as prexy of CKX, that was bought out for $509 million in June after several weeks around the auction block by Leon Black's private equity finance giant Apollo Global Management. Graboff is anticipated to pay attention to driving Apollo's opportunities in other media and entertainment firms, and it is understood Apollo is able to spend to include some heft to CKX's motley range of holdings. The organization already is stated to become thinking of getting in an purchase of a minumum of one indie unscripted TV production company. Graboff introduced his exit from NBC in November. He spent yesteryear 11 years managing business procedures for NBC Entertainment. Contact Cynthia Littleton at cynthia.littleton@variety.com

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