March 1, 2010
Principle Broadcasting Network Announced Today It Has Closed on the Acquisition of KCNL-FM from theAloha Station Trust (Clear Channel Communications).

November 13, 2009
Principle Broadcasting Network Announced Today That It Has Signed a Definitive Agreement with Aloha Station Trust (Clear Channel Communications) to Purchase KCNL-FM.

November 12, 2009
Principle Broadcasting Network Announced Today That It Has Closed on te Acquisition of KLOK-AM from Univision Radio. Inc.

May 20, 2009
Principle Broadcasting Network Announced Today That It Has Signed a Definitive Agreement with Univision Radio, Inc. to purchase KLOK-AM.

May 11 - 12, 2009
Mercury Capital Partners held its Annual Meetings in Buffalo, NY and New York City, NY.

July 22, 2007
Big Tent Entertainment’s Domo Brand Profiled in The New York Times

June 15, 2007
Big Tent Entertainment Bolsters Portfolio

January 9, 2007
PixFusion Signs Licensing Deal with Marvel for Spider-Man

September 19, 2006
Mercury Capital Partners Invests in PixFusion LLC

July 2006
Mercury Invests in Three Rings Design

 
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Charles W. Banta
President, Mercury Capital Partners. Between his two years at Harvard Business School, Mr. Banta worked for Time, Inc. developing a cable TV strategy for the company. In 1974 he co-founded Community Pacific Broadcasting which was based in Monterey, CA and which owned radio stations in Alaska, Washington State, Oregon and California. In 1989 Mr. Banta ran Rich Communications based in Buffalo, NY. In 1990 he became Group Head of Greater Media's radio division, the 10th largest radio group in the U.S. at the time, overseeing stations in Los Angeles, Detroit, Philadelphia, New Jersey, Long Island, Washington D.C. and Boston. In 1994 Mr. Banta founded Mercury Radio Communications and acquired radio stations in Buffalo, NY and Philadelphia, PA. In October, 2000 he founded Mercury Capital Partners, a private equity fund focused on a variety of media investments. Mr. Banta received his BA from Yale University (Magna Cum Laude) in 1970 and his MBA from Harvard Business School in 1972.
C. Teo Balbach
Principal of Mercury Capital Partners II and Mercury Capital Partners III. After college in 1991 he was a research associate in the Harvard Economics department for Department Chairman Dale Jorgenson. From 1992 to 1995 Mr. Balbach worked as a programmer-analyst for Kenan Systems, which developed expert systems, custom software systems, and telecommunications billing systems. During his business school summer, Mr. Balbach worked as a Program Manager for Microsoft and participated in shipping Windows NT 4.0. After business school, Mr. Balbach worked for Reciprocal, a SoftBank Group company and a pioneer in Digital Rights Management and secure digital media distribution over the Internet. Mr. Balbach joined Mercury Capital Partners in 2001. Mr. Balbach received his BA in economics from Harvard University (Magna Cum Laude) in 1991 and his MBA from the Tuck School at Dartmouth in 1997.
Allan I. Grafman
Principal of Mercury Capital Partners III. From 1971 to 1975 Mr. Grafman worked for Century Broadcasting, a well-known radio group founded by his father and his uncle with properties in major markets like Los Angeles, Chicago, San Francisco, Boston and St. Louis. He then pursued his own media career. From 1975 until 1980 Mr. Grafman attended Columbia University, where he attended Columbia University's School of International Affairs as an International Fellow and received an MBA (Beta Gamma Sigma). Between 1980 and 1983 he oversaw the development of new broadband technologies and new entertainment channels in the cable TV division at Capital Cities/ABC. From 1983 to 1996 Mr. Grafman started up a series of new ventures for the Tribune Company's Entertainment Division. In 1997 he was EVP/CFO of Hallmark Entertainment. Between 2000 and 2001 he served as President of Modelwire (an Internet technology company). From 2001 to 2003 Mr. Grafman served as President of AllMedia Ventures (a private equity business development company). From 2003-2005 he served as President of Archie Comics Entertainment. Mr. Grafman received a BA (Phi Beta Kappa) from Indiana University and an MBA (Beta Gamma Sigma honors) from Columbia University.
Sandra A. Miller
Controller and Principal of Mercury Capital Partners II and Mercury Capital Partners III. She has been employed in the media business for over 30 years. Ms. Miller worked as Business Manager at a variety of radio groups from 1971 to 1977. Ms. Miller was the Business Manager at WUTV-TV in Buffalo, NY, from 1977 to 1986. Ms. Miller served as the Controller for Singer Advertising, a major regional advertising agency based in Buffalo, NY, between 1987 and 1989. In 1989 she was hired by Mr. Banta as Controller of WGR-AM/ WGRF-FM in Buffalo, NY, owned by Rich Communications. In 1995 Ms. Miller was again hired by Mr. Banta as Controller of Mercury Radio Communications. In 2000 Ms. Miller became a Principal of Mercury Capital Partners. Ms. Miller received her BA from Niagara University in 1985 where she majored in Accounting.