Mr. Sokoloff began his investment banking career in 1980 working for Bill Daniels. Mr. Daniels was known as the "father of cable television,” and his firm, Daniels and Associates, was the leading investment banking house serving the telecommunications field. Mr. Sokoloff provided financial analysis and developed the support infrastructure for the investment banking and brokerage organization. While with Daniels, he also assisted The Centennial Fund in raising its first fund’s capital. Today, it is the largest Rocky Mountain venture capital organization.
Mr. Sokoloff has advised and consulted with many major companies in the telecommunications field, including Time-Warner, TCI, McCaw Communications, U.S. West, Comcast Corp., Cox Communications, Century Telephone and many other firms serving the cable television, wireless and telephone industries. He has served as an appraiser and expert witness regarding telecommunications valuations for numerous clients ranging from the Internal Revenue Service to Paul Kagan Associates.
Mr. Sokoloff also founded and was chairman and CEO of National Ticket Network, Inc. NTN combined television, retail sales, network communications, software and hardware to sell tickets for live sports and entertainment events. He sold NTN to Home Shopping Network, Inc. and was awarded the contract from the Colorado Rockies Major League baseball team to provide all ticketing services. He oversaw the construction of the Rockies' ticketing operations, including sixty-eight on-line outlets in supermarkets throughout Colorado and a telemarketing center in San Diego. Under his direction, the operation surpassed first-year projections by 50%.
As a General Partner of cable operator, Cablevision of Texas, Mr. Sokoloff completed some forty acquisitions, representing almost 80,000 subscribers and placed all funding to build this rural multiple-system cable operator into a top industry firm with over 200 employees in 14 states. When sold, this company provided over a 2,000% return to its original investors. Mr. Sokoloff also secured a cable TV franchise for Aruba, arranged financing and began construction. The system's success provided the original investors with a 400% return on their investment.
Mr. Sokoloff was a founder of cable TV trade publication Multichannel News. Among a crowded field, Multichannel News established, in less than six months, its position as the leading publication serving the cable television industry. Mr. Sokoloff supervised advertising sales and, by the six-month point, Multichannel News had 40% more ad pages than its nearest competitor.
Mr. Sokoloff also founded Lighting Dimensions Magazine. This highly successful and important trade journal remains today as the primary "bible" of the entertainment and architectural lighting businesses.
Peter A. Sokoloff & Co.’s mission is to provide intelligent, capable and timely advisory services to its clients, serving as a catalyst for healthy corporate growth by bringing together value-added financial and industry partnerships.
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