Former Columbia TriStar Television Distribution and Ellis Communications senior exec Terry Mackin has become president of StoryFirst Communications.
A privately held U.S. company, StoryFirst owns and operates CTC, a national TV network which was launched in Russia last month. It has 74 affiliates on the broadcast side and also co-owns six radio stations in Russia.
In the Ukraine, StoryFirst owns ICTV, a national network that broadcasts in 44 cities. It also has a radio station in Kiev.
“The telecommunications industry has quickly become a global business, and, accordingly, most major communications companies are reshaping their strategic directions to include international investments such as StoryFirst,” Mackin said.
He said the company is capitalized with $40 million in equity, and Morgan Stanley Asset Management is the company’s largest shareholder.
Mackin most recently was executive vice president and chief operating officer of group owner Ellis Communications, which was sold last year to Retirement Systems of Alabama for $738 million. Before that, he was a vice president at CTTD, where he was part of the sales team distributing off-net sitcoms “Who’s the Boss,” “Married … With Children,” “Designing Women” and “Seinfeld” as well as firstrun talker “Ricki Lake.”