Steven Price (businessman)

Steven Price (born 1962) is an American businessman serving as executive chairman of Townsquare Media, and minority owner of the Atlanta Hawks.[1]

Steven Price
Born1962 (age 57–58)
EducationB.S. Brown University
J.D. Columbia University School of Law
OccupationExecutive Chairman, Townsquare Media
Known forCo-founder of 25madison, Co-founder of Townsquare Media
Minority owner of the Atlanta Hawks.
Spouse(s)Tina Gitlin
Parent(s)Margery and Robert Price

Biography

Price was born to a Jewish family, the son of Margery and Robert Price.[2] His father was the president of the Price Communications Corporation, a publishing and broadcasting company based in New York City.[2] Price graduated from Brown University Phi Beta Kappa, magna cum laude and then attended Columbia University School of Law.[1][2] After school, he practiced law at Davis Polk & Wardwell,[2] worked as an investment banker at Goldman Sachs, served as deputy assistant Secretary of Defense, and worked at two private equity firms before co-founding Townsquare Media and 25madison.[1] Townsquare Media owns and operates 360 radio stations in small to mid-sized markets throughout the USA.[1] In 2014, he bought a stake in the Atlanta Hawks from Bruce Levenson.[1] He maintained his share after the team was purchased by a group in 2015 led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Rick Schnall for $850 million.[3][4][5][6][7][8]

Philanthropy

Price directs his charitable activities through the Tina & Steven Price Charitable Foundation.[9] The fund is active in the New York area Jewish community and has provided funding for the Metropolitan Council on Jewish Poverty, the American Enterprise Institute, Commentary Magazine, the Jewish Theological Seminary, and the Council on Foreign Relations.[9] Price serves on the boards of the UJA Federation and Hillel International.[9]

Personal life

In 1991, he married Tina Gitlin in a Jewish ceremony at the Park Avenue Synagogue.[2]

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References
  1. The Ledger Enquirer: "Meet the Hawks' new owners" by Tim Tucker June 27, 2015
  2. New York Times: "Tina Gitlin Wed To Steven Price" March 17, 1991
  3. "NBA unanimously approves sale of Atlanta Hawks" (Press release). National Basketball Association. June 24, 2015. Retrieved June 24, 2015.
  4. "Hawks finalizing sale with billionaire Antony Ressler". Atlanta Journal Constitution. Retrieved 23 April 2015.
  5. NBA: "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks" June 25, 2015 | "Other investors include seven-time NBA All-Star Grant Hill, who will serve as Vice Chair of the Board, Townsquare Media Chair and CEO Steven Price, Clayton Dubilier & Rice partner Rick Schnall, and Spanx founder Sara Blakely and Marquis Jet co-founder Jesse Itzler, who are married"
  6. Bloomberg: "NBA Governors Approve $730 Million Hawks Sale to Ressler’s Group" By Scott Soshnick and Zeke Faux June 24, 2015
  7. "Atlanta Hawks Sold to Ares' Ressler for $850 million, Group Includes Sara Blakely and Grant Hill". Atlanta Business Chronicle. April 24, 2015. Retrieved January 27, 2016.
  8. Atlanta Hawks Selling for $850 Million. The Wall Street Journal. Ben Cohen. April 22, 2015. accessed February 9, 2016
  9. Inside Philanthropy: "Steven Price" retrieved November 4, 2017
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