- Apple Surpasses Nokia as Top Handset Maker by Profit
- Three Things the US Can Do To Stop the Dollar's Decline
- Toll Brothers: More Contracts Signed, but Sales Down
- Fed's Lacker: US in a 'Good Place' With Inflation
- Bear Stearn Fund Managers Not Guilty on All Counts
- Commodity ETFs: Returns May Not Match Expectations
- JPMorgan Chase to Hire 1,200 Mortgage Officers
- Ponzi Proceeds: Bidding on Madoff's Toys
- Quiz: Do You Know Your Coca-Cola Myths?
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- Starbucks Brews Up Growth
- Farr: An Extended Period—No Fat Lady in Sight
- More Upside if S&P Passes This Number: Market Pro
- Murdoch Lashes Out At Google
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- Logitech to buy LifeSize Communications for $405M
- Werner Enterprises to pay special dividend
- Emdeon 3Q loss widens on costs
- Ambac warns it may file for bankruptcy protection
- UN chief prods US Senate to tackle climate change
- Cliffs Natural raises quarterly dividend
- Atmos posts 4Q loss on drop in natural gas prices
- PepsiCo withdraws FTC filings in bottler deals
- Bob Evans 2Q profit rises 37 percent
Text Size 
SARATOGA, Wyo. - Radio, television and cable industry leader and prominent philanthropist Peter Francis Storer has died. He was 81.
Storer died Sunday at his home in Saratoga, his daughter, Elizabeth Storer, said Tuesday.
Peter Storer was chief executive officer of Storer Communications, the nation's fourth-largest multiple system cable operator with stock valued at $2 billion at the time of its sale in 1986.
Born in Toledo, Ohio, Storer was the third of four sons of Mary Perley and George B. Storer.
He graduated in 1951 from the University of Miami and began his career in broadcasting at WJBK-TV in Detroit, a Storer Broadcasting Company television station owned by his father. He also worked for CBS Radio but returned to the family business as sales manager at WJW-TV in Cleveland.
Storer later became general manager of WSPD (now WTVG) in Toledo. In 1960, he opened one of the first national television representative firms, Storer TV Sales, in New York City.
Seven years later, Storer became executive vice president of Miami-based Storer Broadcasting. He became CEO following his father's death in 1975 and renamed the company Storer Communications.
He remained chief executive officer until the company was bought out in 1986.
Storer was a founding member of the Wyoming Community Foundation and the Wyoming chapter of The Nature Conservancy. He also helped establish the Wyoming Water Project at Trout Unlimited and served on Trout Unlimited's national board.
His survivors include two brothers and four children. He was preceded in death by his wife, Virginia, and a brother.
A memorial service will be held at 3:30 p.m. Saturday at the Platte Valley Community Center in Saratoga.
Print
Email
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.
- If you are lucky enough to have money and the time, this is a great time to see America, says CNBC's Jane Wells.
- What’s powering your microwave, fridge and computer? Part of it is fuel from Russian nuclear weapons. The NYT reports.
- One author sees lessons for you in Disney’s recent Makeover of Mickey Mouse: “Nice” doesn’t always win.
- With 123 years of history, slogans and commercials, Coca-Cola is the most recognized brand on earth.
- The opening of a virtual pet store in “World of Warcraft” could prove a cash bonanza for Activision-Blizzard.
Data is a real-time snapshot *Data is delayed at least 15 minutes