Sneha Girap (Editor)

Marc Nathanson

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Residence
  
Name
  
Marc Nathanson

Occupation
  
Business executive

Education
  
BA and MA

Nationality
  
American


Marc Nathanson csreportsaspeninstituteorgimagesMarcNathanson

Known for
  
Founding Falcon Cable, American billionaire

Alma mater
  
University of Denver, University of California, Santa Barbara

Marc nathanson oral and video collection interview


Marc Nathanson (May 12, 1945) is an American entrepreneur. He is best known for his founding of Falcon Cable, which he sold in 1999 for $3.7 billion. He is a member of the Cable TV Hall of Fame, awarded with Inc.s Entrepreneur of the Year and a former chairman of the Broadcasting Board of Governors.

Contents

Marc Nathanson Marc Nathanson Zimbio

Marc nathanson honored at 2011 ema awards


Early life

Marc Nathanson Marc Nathanson Pictures Photos amp Images Zimbio

Nathanson was born in Los Angeles and raised in Glencoe, Illinois and Highland Park, Illinois. His father, Don Paul "D.P." Nathanson was an investor in the radio and cable industry, operated an advertising agency, and was the publisher of Radio Showmanship, a magazine that focused on how to use radio for advertising. Nathanson graduated from Highland Park High School and graduated the University of Denver in 1967. In 1969 he took a job with Cypress Communications Corporation (owned by Harriscope Broadcasting). in Los Angeles, California, where he then became head of marketing, which was later sold to Warner Cable in 1973. He also earned an MA from the University of California Santa Barbara.

Cable television career

Marc Nathanson Marc Nathanson Pictures Photos amp Images Zimbio

After working with Cypress Communications, Nathanson became the vice-president of marketing and programming for TelePrompTer Corporation. In 1973 he left the company to start his own firm called Falcon Cable, with a self-investment of $25,000. He then received a $2 million investment from his father and father-in-law, in addition to $6 million from a bank loan. The first cable systems he ran were in Gilroy, Porterville. Altadena, and San Luis Obispo, California. The umbrella corporation for the cable company and Nathanson's other ventures was Falcon Holding Group, which Nathanson served as president for until 1999. The corporation included Falcon International Communications and Falcon International. He also served as the company's CEO from 1975 until its sale in 1999. From 1988 to 1999 he also served as chief executive officer and president of Enstar Communications Corp. He served as chairman of the board for each of the companies as well.

Marc Nathanson History NFRC UCLA Nathanson Family Resilience Center

Falcon Cable grew to over one million subscribers in 26 states between the early 1980s and 1992, becoming the largest independent cable company in California. According to the Los Angeles Times, "While many larger cable TV companies have scrambled to wire major metropolitan areas with flashy, 75-channel, state-of-the-art cable TV systems, Falcon has found success in operating no-frills systems in areas that get poor TV reception."

Marc Nathanson Marc Nathanson Jane Nathanson Pictures Photos amp Images

Falcon also purchased other smaller cable companies in order to enter new markets. The Falcon Group formed in 1984 with Nathanson co-owner of the cable company. According to the Los Angeles Times, the company was formed with other co-owners, including the Mutual Life Insurance of New York, following a $50 million deal for 18 cable systems in seven states that were owned jointly by Warner Communications and American Express. Nathanson was a part of larger mergers between cable entities during the 1990s as well. In 1998 Tele-Communications Inc. took a 47 percent stake in Falcon, and the following year the company was sold to Paul Allen's Charter Communications for $3.7 (initial reports pegged the price closer to $3.6 billion). The deal provided Nathanson with the second largest stock holding among the Charter shareholders. According to the St. Louis Business Journal, the deal made "Charter the fourth-largest cable TV operator in the country, with 5.5 million customers."

Boards and investments

Nathanson invested the profits from the sale into his investment firms Mapleton Investments and Mapleton/RDS Real Estate Group, which has investments in industries ranging from radio to real estate to waterless urinal companies with Falcon Waterfree Technologies, which he first invested with in 2000. He is currently Chairman of each firm. Falcon Waterfree Technologies is the largest manufacturer of waterless urinals in the world.

Nathanson became vice-chairman of Charter Communications upon the sale of Falcon and a director of the board, until 2008. He also served as director of the National Cable & Telecommunications Association and a trustee of the Aspen Institute. He had also previously served as president of the California Cable Television Association, as a member of Cable Pioneers, and founded both the Cable Television Administration and Marketing Society (CTAM) and the Southern California Cable Television Association. In addition he is co-chair of the Pacific Council on International Policy, a member of the Council on Foreign Relations, the World Affairs Council, and several charity boards in Southern California. He is also a member of the board of directors for the Los Angeles Philharmonic.

Politics

Former President Bill Clinton appointed Nathanson to a three-year term on the Board of Governors of International Broadcasting of the United States Information Agency in 1998. He served as chairman of the Broadcasting Board of Governors during the Clinton and Bush administrations, is a member of the American Democracy Institute, the U.S. Institute of Peace's International Advisory Council, and the USC Annenberg School for Communication and Journalism. His tenure as chairman of the Broadcasting Board of Governors lasted from 1995 to 2002, and included leading the Broadcasting Board of Governors through its international response to the September 11 attacks.

He has said of the role of the Board that, "The role of U.S. international broadcasting today is as important as ever. It plays an important part in the broad support of democracy and the open exchange of accurate and objective news in countries and regions of the world where, because of geographic, developmental, or political reasons, there is a dearth of free and open information. U.S. international broadcasting empowers and educates. And in many cases, it is the only alternative voice." In 2012, then-Secretary of State Hillary Clinton named Nathanson as her representative to the Board of the East-West Center in Honolulu, Hawaii. He is currently vice-chair of the National Democratic Institute for International Affairs and was founding Chair of the Homeland Security Advisory Council (HSAC) for Los Angeles." Nathanson was also an early supporter of Barack Obama during his 2008 presidential nomination campaign.

Philanthropy

Nathanson bequeathed the endowment for the Marc Nathanson Fellowship program at the University of Denver, Nathanson's alma mater. According to the program description, "The Marc Nathanson Fellowship was first awarded in 2011 and has been awarded each subsequent year to a high-achieving, second-year MA student at the Korbel School of International Studies. Working with the Office of the Dean and Sié Center, the Nathanson Fellow is responsible for planning two annual events: together with the Aspen Institute, the Aspen Institute's annual Dialogue on Diplomacy and Technology (ADDTech), and the Public Diplomacy Speaker Series hosted by the Sié Center." He is also the namesake and endowering patron of the Nathanson Fellowships at USC, which Nathanson was acknowledged by President George W. Bush during a 2002 speech commemorating the 60th anniversary of Voice of America.

Following a $10 million donation of art to the Los Angeles County Museum of Art, the museum named a gallery for he and his wife. He has also served as a trustee for the UCLA Foundation and Anderson School of Management and USC Annenberg School of Communication. In 2006 they also financed the purchase of a series of prints by Edward Ruscha for LACMA. He has also been a patron and sponsor for exhibitions at the Museum of Contemporary Art, Los Angeles, including a retrospective of Andy Warhol.

The Jane and Marc Nathanson Family Foundation, both invests charitably and sponsors scientific studies into environmental problems like water shortages and usage efficiency. They are also known for being early supporters of AIDS victims during the early years of the epidemic. At UCLA an endowment produced their namesake Jane and Marc Nathanson Family Professor in Psychiatry chair.

On January 20, 2015, LACMA received eight pieces of modern and contemporary art from Nathanson and his wife, Jane (who is also a LACMA trustee and a founder and trustee of the Museum of Contemporary Art, Los Angeles); the gift was estimated at over $50 million. The works include Andy Warhol's Two Marilyns silkscreen, James Rosenquist's Portrait of the Scull Family, George Segal's Laundromat, Gilbert and George's Falling, Frank Stella's La Columba Ladra, Julian Schnabel's Fox Farm Painting X, Roy Lichtenstein's Interior with Three Hanging Lamps, Damien Hirst's And Death Will Have His Day and 10 gelatin silver prints.

Recognition

Nathanson is a member of the Cable TV Hall of Fame and in 1994 he was Inc. Magazine's Entrepreneur of the Year. According to the Milken Institute, "Nathanson is a recipient of Global Green's Millennium Award and the Environmental Media Association's Lifetime Achievement Award for his environmental work."

Personal life

Nathanson's wife is Jane Nathanson, a psychologist and philanthropist, whom he met in college. They have two sons, Adam and David, and a daughter, Nicole. Adam is married actor Lauren Waisbren in 2010 and is the founder of radio station owner and operator Mapleton Communications. David is head of business development for Fox Sports and is married to Sabina Spigel. Nicole has two children, Andrew and Katherine.

References

Marc Nathanson Wikipedia