Rick Spinner tapped CEO of Alpha Media
RTL takeover of Greek broadcaster approvedCOLOGNE, Germany -- Former ABC Television executive Rick Spinner has been named CEO of Alpha Media Group as Greek media watchdogs approved RTL Group’s majority takeover of Greece’s No. 3 broadcaster.
Spinner was president of European operations for Capital Cities/ABC Television from 1993-97. He has served as an adviser and in other capacities for RTL in various European territories.
RTL has acquired a 66.6% stake in Alpha Media from current owner Dimitris Contominas for 125.7 million euros ($163 million). Alpha operates one national and one regional television channel as well as two radio stations.
During the first half of 2008, Alpha claimed a 16.5% share of the Greek TV advertising market and nearly 15% of the nation's total TV audience.