TAMPA, Fla.–(BUSINESS WIRE)–#broadcast—CEA Group (“CEA”) today announced Dean Goodman, a longtime veteran of the Broadcast and Communications industries, has joined CEA as Senior Advisor for Broadcast.
Dean Goodman founded GoodCo Companies and its subsidiaries (GoodCo) to provide technical, programming, operations and financial expertise to broadcast, communications, and digital media enterprises. Built on Dean’s experience and relationships spanning 40+ years, GoodCo Companies invest in and improve returns for stakeholders. GoodCo’s primary focus is currently on radio, television, outdoor, spectrum, network, music and related businesses.
On his own from his early teenage years, Dean started working at radio stations first, on air and then in all facets of radio and television positions to ultimately operate station groups. From acquisition through operation and divestiture, Dean went on to be responsible for 3 significant radio and radio/TV portfolios including all radio formats as well as major television affiliates developed to top market performance and sold at significant cash flow multiples securing financial gains.
After selling a station to Bud Paxson, CEO of Paxson Communications (and the founder of Home Shopping Network), Dean joined Bud as President/COO of Paxson with primary responsibility for operations, acquisitions and corporate presentations.
Positioning the company for growth, a reverse merger resulted in Paxson Communications (NASDAQ PAX) becoming a public entity. PAX assembled the largest O&O television group in the U.S. PAX TV network (now ION) was created to produce original prime time programming.
Subsequent to PAX, Dean created Digity, LLC and acquired 116 radio stations from San Jose, California to Palm Beach, Florida assembling the nation’s fifth largest radio group. Digity grew to top performance and was sold to Alpha Media at a 43% IRR.
Dean supported the goals of all broadcasters through 30 years of service to the National Association of Broadcasters (NAB) as well as various leadership positions including Chairman of the Board for the Florida Association of Broadcasters.
Dean continues to support and is active in numerous charities providing assistance to disadvantaged children.
Chairman and Founder, Rick Michaels, stated, “Dean has been a friend and client for more than three decades and I am very grateful for his willingness to serve in this position. I consider CEA to be extremely privileged to have Dean join our Advisory Board as Senior Advisor for Broadcast. His distinguished reputation and prowess in the broadcast industry is invaluable to CEA and our clients.”
About CEA Group
Founded in 1973, CEA is a leading provider of investment banking services. With a team of experienced personnel worldwide, CEA has an unequaled depth and breadth of industry knowledge, expertise and long-standing industry relationships. CEA has completed over 900 transactions totaling $45 billion in 60 countries. CEA’s reputation and track record of success are built on delivering innovative, value-added solutions and services to clients worldwide.
CEA Atlantic Advisors, LLC is a FINRA Registered Broker-Dealer and a member of SIPC.
J. Patrick Michaels, Jr.
Chairman & CEO
101 East Kennedy Boulevard, Suite 3300
Tampa, Florida 33602