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Craig Karmazin

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Nationality
  
United States

Name
  
Craig Karmazin

Spouse(s)
  
Kelli Gabel


Occupation
  
GKB Founder/CEO

Ethnicity
  
Jewish

Role
  
Craig Karmazin Craig Karmazin Photos World Congress of Sports Executive

Born
  
July 11, 1975 (age 49) (
1975-07-11
)

Alma mater
  
Known for
  
founder of Good Karma Brands (GKB)

Residence
  
Fox Point, Wisconsin, United States

Parents
  
Mel Karmazin, Sharon Karmazin

Similar People
  
Mel Karmazin, Martine A Rothblatt PhD - JD, David Margolese, Robert Briskman

Inside craig karmazin and mark chmura


Craig Karmazin (born July 11, 1975) is the founder and Chief Executive Officer of Good Karma Brands (GKB), and the son of Mel Karmazin, CEO of Sirius Satellite Radio and former CEO of Viacom.

Contents

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Early life and education

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Karmazin was born to a Jewish family in northern New Jersey, the son of Sharon and Mel Karmazin. His father is the former chief operating officer of Sirius Satellite Radio and former president and chief operating officer of Viacom. His mother is the retired director of the East Brunswick Library and established the Karma Foundation dedicated to the development and enrichment of Jewish life. He attended Hebrew school. His parents divorced in 1994. His first job was selling bikes at The Sports Authority. He graduated from Emory University with a B.B.A. He has one sister, Dina Leslie Karmazin Elkins (born 1971).

Career

Craig Karmazin Craig Karmazin Zimbio

In 1997, Karmazin interned at Infinity-owned WIP in Philadelphia. In 1998, Karmazin founded Good Karma Broadcasting, a sports radio firm in Beaver Dam, Wisconsin, 40 miles northeast of Madison, Wisconsin. Karmazin liked the area due to its proximity to the University of Wisconsin campus as well as being in the heart of Green Bay Packer territory. In 1997, he secured a $3.5 million loan from a New York City bank and purchased three radio stations in the Madison area and then went on to purchase more stations in small towns: two in Wisconsin and one in Rockford, Illinois. He then entered larger markets purchasing a station West Palm Beach, Florida and two in Milwaukee, Wisconsin (WAUK-AM and WSSP-AM) where he also purchased the rights to ESPN syndicated programming.

Craig Karmazin OnMilwaukeecom Buzz Milwaukee Talks Milwaukee39s ESPN

In 2006, he entered the Cleveland market simultaneously purchasing the gospel music station WABQ 1540 and the rights to the ESPN brand from sports talk station 850 WKNR, reformatting WABQ as a sports station. A short time later, he purchased WKNR. The net cost for both stations was $9.5 million. As of 2012, Good Karma Broadcasting owns twelve radio stations in four states including eight ESPN-affiliated, sports radio stations. In 2012, Good Karma expanded its operations opening three remodeled houses near Lambeau Field in Green Bay to entertain clients and fans as well as a Verizon Wireless store in Beaver Dam.

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On July 16, 2014, it was reported that Karmazin and GKB purchased a minority stake in the Milwaukee Bucks of the National Basketball Association (NBA).

Personal life

Karmazin is married to Kelli Gabel and has one child, Harper Grace.

References

Craig Karmazin Wikipedia


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