Rocco Commisso
Title: CEO, Mediacom
Last Year: #26
Age: 58
Education: Columbia U., MBA, BS, Industrial Engineering

Why Him? The Comeback Kid is not a kid. He’s spent 30 years in cable, earning industry respect for his financial prowess. But after coming off a tough retrans fight with Sinclair and bleeding basic subs, Commisso was revived in ’08. Mediacom’s comeback included record RGU growth, basic sub adds and a buyback of some 30% of outstanding stock from Morris Communication’s Shivers Investments. The tax-free deal lines up the stars for Mediacom to go private, should Commisso desire. But Mediacom’s numbers weren’t the whole story. Des Moines and Cedar Rapids were devastated by summer floods. Mediacom not only worked tirelessly in those cities, but helped raise more than $100K for relief efforts. Commisso also co-chaired the ’08 Cable Show, which, speaking of comebacks, did a phenomenal job raising money to help New Orleans.

Proud Moment: Being the only public MSO with basic sub gains in Q3.

Year Ahead:
Not everyone anticipated Medicom’s strong ’08. With several retrans deals and programming contracts expiring, ’09 could be hairy. But we’ve learned to expect the unexpected with Commisso, so we’ll reserve judgment.

AM

Return to the CableFAX 100 table of contents.

The Daily

Subscribe

New Street Drops Altice USA to ‘Neutral’

New Street Research is downgrading Altice USA to “Neutral” after a warning from CEO Dexter Goei that the provider would lose subs in 3Q21. “The stock is too cheap, even with 12-18 months pause in share

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.