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GREAT AMERICAN COMMUNICATIONS COMPANY'S PRESIDENT TO RETIRE

 GREAT AMERICAN COMMUNICATIONS COMPANY'S PRESIDENT TO RETIRE
 CINCINNATI, Feb. 27 /PRNewswire/ -- Great American Communications Company (NASDAQ: GACC) announced today that its President and Chief Operating Officer, George E. Castrucci, has decided to retire. Castrucci will continue to serve on the GACC and Spelling Entertainment Company boards of directors, and will enter into a three-year consulting agreement under which he will provide consultation services on communications and entertainment operations and industry matters.
 Carl H. Lindner, chairman of the board and chief executive officer, stated, "Mr. Castrucci has served GACC and our family faithfully and well. He is a first-rate executive, and we are pleased that he has agreed to continue to serve as a consultant and director."
 Castrucci commented, "I have had a successful and satisfying career with Great American and its predecessor, Taft Broadcasting. I have been here for 28 years and will be 55 in a few months. This feels like the right time to move on. GACC has an outstanding operating management team that I have put in place, and I want them to have this opportunity to take full charge. While officially I am retiring from GACC, I have a broad range of business and community interests which I intend to continue to pursue with great vigor.
 "I cannot adequately express my appreciation for the extraordiary support and encouragement I have received from the Lindner family during my tenure here. They are among the finest people with whom I have ever had the privilege to be associated," Castrucci said.
 Castrucci assumed his responsibilities as president and chief operating officer of Great American Communications Company in May 1990. At the same time he was named chairman and chief executive officer of Great American Broadcasting Company. Prior to that, he served as president, chief operating officer of Great American Broadcasting (formerly Taft Broadcasting Company).
 Castrucci participates in several industry organizations, including membership on the boards of the Television Operators Caucus and the Association of Maximum Service Television, Inc. He is active in a number of civic and charitable organizations, currently serving as vice chairman of the Xavier University board of trustees and chairman of its development committee. He also serves on the Children's Hospital Medical Center board of trustees and is chairman of its finance committee. Castrucci is a director on the boards of Baldwin Piano and Organ Company, BMF Savings Bank and Sencorp, and is a trustees of the Bartlett Management Trust and the Bartlett Capital Trust.
 Great American Communications owns and operates six network-affiliated television stations, 10 FM and five AM radio stations in the nation's top 50 markets. GACC is in negotiations over the purchase of KSLX (FM) and KOPA (AM), Phoenix, Ariz. GACC's common stock trades in the over-the-counter market under the symbol GACC.
 -0- 2/27/92
 /CONTACT: Sandra W. Heimann of Great American Communications Company, 513-579-2177/
 (GACC) CO: Great American Communications Company ST: Ohio IN: ENT SU: PER


KK -- CL012 -- 3363 02/27/92 15:02 EST
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Publication:PR Newswire
Date:Feb 27, 1992
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