InterMedia Partners

{{Short description|American private equity investment firm}}

{{Infobox company

| name = InterMedia Advisors LLC

| logo = Intermedia-partners-logo.PNG

| logo_size = 250px

| type = Private

| foundation = {{start date and age|1992}}

| founder = Leo Hindery

| key_people = Tom Daschle,
Alan Sokol

| location = 48th floor on the Chrysler Building
New York, New York, United States

| industry = Private equity

| products = Leveraged buyout, Growth capital

| assets = $1 billion

| homepage = [http://www.intermediaadvisors.com/ www.intermediaadvisors.com]

| num_employees =

}}

File:Chrysler Building by David Shankbone Retouched.jpg, the location of the headquarters]]

InterMedia Advisors, LLC (a..k.a. InterMedia Partners), is a private equity investment firm focused on leveraged buyout and growth capital investments in the media sector.

The firm, which was founded in 1992 by notable private equity investor Leo Hindery,{{citation needed|date=October 2011}} is based on the 48th floor of the Chrysler Building in Midtown Manhattan, New York City."[https://archive.today/20110713045949/http://www.intermediaadvisors.com/main.cfm?actionId=globalShowStaticContent&screenKey=cmpContact&s=interMedia Contact Us]." InterMedia Partners. Retrieved on October 18, 2011. "InterMedia Advisors, LLC 405 Lexington Avenue, 48th Floor New York, NY 10174""[http://www.peterleemail.co.uk/sport/toon_for_sale_1_1028955 Toon for sale?]" Peterlee Mail. Friday July 4, 2008. Retrieved on October 20, 2011. "Ashley is said to have told private equity investors InterMedia Partners - based in the swanky Chrysler Building -[...]"

Until 1996, the firm's most notable investments were through its InterMedia Outdoor Holdings media company subsidiary which included Thomas Nelson, Hemisphere Media Group, NBCUniversal, Universal Sports, Control Room, Aspire, BlackBook Media, @Home Network, Sportsman Channel, Soul Train Holdings, Vibe Lifestyle Network, Up, Cinelatino, Pececitas, Comedias TV, Azteca Latino, Sudamerica Television, Pasiones, Television Dominicana, Telemicro Internacional, Pantallazo, MegaMix TV, TVN Internacional, Ecuadorvision, CentroAmerica TV, WAPA América, and Puerto Rican station WAPA-TV. The firm sold the division to Kroenke Sports & Entertainment which renamed the company Outdoor Sportsman Group.

Tom Daschle

In 2005, Tom Daschle joined the firm as a senior adviser. It was during his time at InterMedia that Daschle reportedly had the use of a limousine and chauffeur that he did not report in his income taxes.Jake Tapper, "[http://blogs.abcnews.com/politicalpunch/2009/01/bumps-in-the-ro.html Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver] {{Webarchive|url=https://web.archive.org/web/20110718105724/http://blogs.abcnews.com/politicalpunch/2009/01/bumps-in-the-ro.html |date=2011-07-18 }}," ABC News, January 30, 2009. (Accessed January 30, 2009)Jonathan Weisman, "[https://www.wsj.com/articles/SB123335984751235247 Daschle Paid Back Taxes After Vetting]," Wall Street Journal, January 31, 2009. (Accessed January 31, 2009)

References

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Sources

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  • [https://www.forbes.com/2000/10/12/1012faces.html Forbes Faces: Leo Hindery]. Forbes, October 12, 2000