Don Paul Nathanson | California | radio group | Mapleton
A Golden Oldie
by
Chris Warren"Super-serve" has become a mantra that Nathanson and his colleagues
work in to conversations with almost alarming frequency, which is
understandable, given that it's the nub of Mapleton's philosophy
for catering to advertisers and listeners in markets like San Luis
Obispo and Chico, both in
California, and Medford,
Oregon. And
super-serving is an approach that seems to be working. Since the
company was founded, in 2001, it has grown to become the
second-largest radio group in California, exceeded only by industry
goliath Clear Channel Communications. Mapleton's gross revenue in
2006 was $21.5 million, and some of its stations saw a doubling or
tripling of revenue. While radio is not exactly a Wall Street
darling these days - which is understandable, as the advent of
iPods and digital music certainly poses a threat to the industry -
last year, the Lazard Alternative Investments' Corporate Partners
II Fund purchased a 39 percent stake in Mapleton, giving it the
kind of cash it needs in order to continue expanding.
IT WAS PROBABLY inevitable that Nathanson
would carve out a career for himself in radio. For one thing, his
grandfather Don Paul Nathanson was the publisher of
Radio Showmanship Magazine and even
owned a radio station. When Nathanson was growing up in Los
Angeles, he was neighbors with Irving Azoff, the manager of
bands such as the Eagles, Journey, and Van Halen. Not
surprisingly, he developed a passion for music early on, and
after attending Tulane University in
New Orleans - where he
was introduced to that city's vibrant live-music scene - he
got what he describes as a dream job: working for
MTV in
London.
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