With all of the hubbub over the real-life soap opera surrounding Casey 
Kasem's family, his long time business partner Tom Rounds died Sunday--he 
and Kasem, along with producer Don Bustany, created "American Top 40" in 
1970 and saw it grow from a handful of stations to 500 stations worldwide 
by 1982, when his syndication company Watermark was sold to ABC.  Before 
Watermark, while PD at San Francisco Top 40 giant KFRC, he put together 
what was arguably the first big outdoor rock festival (which beat Monterey 
Pop by a week) and after Watermark formed the international syndication 
firm Radio Express (ironically, among other things handling "AT40" with 
Shadoe Stevens taking over for Kasem after Casey switched to Westwood One). 
 Mr. Rounds also produced what we would call music videos with Jimi Hendrix 
and Steppenwolf long before the term became common:

http://www.hollywoodreporter.com/news/pioneering-radio-syndicator-tom-rounds-708754

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