Steve M. Ryan Named a Member of the Advisory Board Sports Management and Entertainment Marketing

GGCP, Inc. (Gabelli Group Capital Partners) today named Steve M. Ryan, an experienced sports marketing executive, to its advisory board. He will join Chris Dixon, Charles Baum, Michael Gabelli, and Francis (Fay) Vincent in examining investment opportunities in Sports Management and Entertainment Marketing. Mr. Ryan is Commissioner and Chief Executive Officer of the Major Indoor Soccer League, where he increased its visibility worldwide by negotiating television contracts with ESPN and FOX Sports World and by crafting the MISL All-Star Weekend. Prior to joining MISL, Ryan was President and CEO of Strike Ten Entertainment, where he was responsible for the management, marketing, television and licensing activities in support of the $10 billion U.S. bowling industry. From 1995 to 1997, Mr. Ryan served as president and COO of Pittsburgh Sports Holdings Company, whose properties included the NHL’s Pittsburgh Penguins, the Pittsburgh Stingers, the Russian Penguins and the Southpointe Multiplex, an indoor soccer and ice-skating facility. He also spent thirteen years with the National Hockey League, where as President of NHL Enterprises, he oversaw all retail licensing, corporate sponsorship, international marketing, event marketing, publishing, television, video and creative services. "I look forward to working with a superb group of individuals at Gabelli Group Capital Partners,” said Mr. Ryan. "I hope to add the value of my relationships, knowledge, and experience in the business of sports to the expertise of GGCP. We seek to generate revenue in opportunities such as global media platforms, sports advisory work, banking, and asset management.” Fellow GGCP advisory board member and former Commissioner of Major League Baseball Fay Vincent welcomed Mr. Ryan and said, "The business of sports is not a game for amateurs. With our level of expertise we are well positioned to identify and benefit from vast opportunities globally.” A native of New York City and graduate of Fordham University, Mr. Ryan is a member of Fordham’s President’s Council, its Advisory Board for the Graduate School of Business and the Fordham University Athletic Board. GGCP, Inc. is a private company that is the major owner of GAMCO Investors Inc. (NYSE: GBL), the publicly traded money management firm run by Mario J. Gabelli.