Ion Media Networks

Posted on April 8, 2013 by Michael DelloStritto

by Mike DelloStritto

Ion Media Networks [14]

601 Clearwater Park Road West Palm Beach, FL 33401

Phone: (561) 659-4122

EXECUTIVES

: Brandon Burgess, Chairman and CEO [15]

: Chris Addeo, Marketing [16]

: Jeff Quinn, Finance [17]

: Douglas Holloway, Distribution [18]

ABOUT ION MEDIA NETWORKS

Ion Media Networks was founded in 1984 under the name “Paxson Communications”. It wasn’t until 2006 that the company rebranded itself into what is now known as Ion Media Networks. The company today focuses their efforts in three areas: general entertainment television, special interest television, and mobile television.

Ion is considered a pioneer when it comes to providing their audiences with special interest television. They are the first to have launched two 24/7 DTV channels: Qubo and Ion Life [1]. Qubo is a safe haven for young kids to access entertainment that is always “good fun”. Qubo claims to be one of the few networks that offer age-appropriate programming to the underserved age group of 5 to 8 year olds. Ion Life is a channel dedicated to those with healthy, active lifestyles. The various programming options on this channel look to inspire, entertain, and encourage people to live their best possible lives.

In addition to special interest television, Ion co-founded the industry movement to bring television to mobile devices. Ion is a founding member of Mobile Content Venture (MCV), along with NBCUniversal, Fox and leading broadcast station groups [2]. Their division of mobile television, Dyle, provides viewers with access to live, local broadcast television through compatible mobile devices in select markets.

General entertainment television is Ion’s most prominent media outlet. They are a leading, high quality U.S. network, constantly providing innovation and growth to the industry. They serve an adult audience ages 25-54, and have recently expanded their reach to 260 million Americans in over 100 million U.S. households [3]. Their viewership has doubled since rebranding to “Ion Television” in 2008, climbing from nowhere to inside the top 15 cable ratings [4]. Their slogan “Positively Entertaining” lives up to the bill with syndicated programming such as: Criminal Minds, Numbers, Cold Case, and their original series Flash Point, in addition to many others. Their programming also includes various movie titles.

THE BEGINNING OF THE CAMPAIGN

Ion Television’s lineup of fully syndicated programming makes it difficult to persuade marketers to advertise on their channel. It is presumably more attractive for marketers to reach out to one of Ion’s competitors such as CBS or Fox, and advertise where programming is more diverse. Ion isn’t holding an upfront in 2013 to gain advertising on their channels like ABC, A&E, truTV, and Bravo (to name a few) are holding [5]. Instead, Ion must develop unique and creative ways to reach their advertisers.

Announced on March 4, 2013, the rebranding of Ion television and their new multi-tiered B2B campaign, introducing the ‘Ionthusiasts’, is exactly the creative buzz the network needs [6]. To go along with the campaign, Ion television will be releasing their new network logo under their already established tagline “Positively Entertaining”.

: OLD [19]

: NEW [20]

INTRODUCING THE IONTHUSIASTS

The bulk of the campaign is centered on the “Ionthusiasts”. According to independent research studies conducted by the network, Ion leads all of cable in adult co-viewing in households watching TV together. The data shows Ion is number 1 in cable for hours watched per viewer, and 69% of these committed viewers are watching marathons on a routine basis. After digesting this data, Barker DZP, the New York-based agency that developed the creative decided, “Ion viewers are highly engaged and unique in their passion for the network’s programming, they make an appointment to watch this content live for several hours at a time, which is why ‘Ionthusiasts’ is such an appropriate descriptor” [7].

Barker DZP Advertising [21]

The campaign will carry media buys across many different platforms including spots in print and out-of-home; however, the most intricate are the online spots. The network chose Barker DZP’s approach because, “their campaign truly reflected the attributes of our viewers…we found the perfect moniker that fully represents the quality of our audience and their enthusiasm for the Ion Television brand” [8].

The Ionthusiasts have a separate website displaying the three fictional couples (the Ionthusiasts) based on Ion’s key demographics: adults 25-34, 35-44, and 45-54. Each couple has a “profile” explaining some key facts about the particular age demo. These facts include: why they watch Ion Television, the percentage of having kids, some hobbies they enjoy, and their personality traits [9].

Ion Demographics [22]

Each couple even has a little video so the advertisers can see each demographic in action.

Dean & Steph [23]

Next, there is a “Learn About Ion” tab that contains a sizzle reel of their top shows [10]. However, the site goes even more in depth with an interactive section, allowing advertisers and marketers to drill down even deeper into the types of people that watch Ion Television. In order to receive a username to partake in the interactive part of the site, you must be an employee of a media planning & buying agency, advertising agency, or an advertiser [11]. Once you receive a username, you can play an interactive game that follows one of the Ionthusiasts families through their day. At each stoppage you make a decision to progress the family further along; this is useful to an advertiser because an “Ionthusiasts Fact”, which gives the player even more intricate details about the exact viewer, supports each decision you end up making. As you can see in the picture, the fact explains, through an MRI Spring 2012 Study, that Ionthusiasts are pet owners, suggesting the answer to the question is to travel to the pet store [12].

Interactive game [24]

These Ionthusiasts Facts clue marketers and advertisers into the minute details of each demographic, creating opportunities for super specified advertising to develop. For example, if Pet Smart knows that Ion has a very dedicated viewing audience, and that same dedicated audience owns pets, purchasing a media buy on this channel would be ideal for both parties. In addition to gaining insight on viewers, the marketers that play the game can earn points that go towards prizes such as iPads, vacations, and gift cards.

THE ION LONGUE

Ion Lounge [25]

Ion Media Networks did not neglect their dedicated fans through their campaign and rebrand. They developed an offshoot from the Ion Television website called the “Ion Lounge” [13]. It is a fun, colorful, and interactive site for fans to get their Ion fix long after their favorite show is over. The Ion Lounge allows you to play games and answer trivia about the shows. Each time you complete a game or answer a question right, you earn points that can later be traded in for prizes. These prizes do not compare to the Ionthusiasts prizes the marketers can win, but rather act as a token of fan-hood for the network with items such as t-shirts, tumblers, and drawstring bags. In addition, fans can create their very own “Ion Lounge” and upload it to the gallery where others can view the creation. It’s simple, but a great way to keep the viewers active with the brand.

: Ion Longue homepage [27]

: Lounge example [26]

It takes a creative genius such as those working at Barker DZP to develop such an ambitious and unique plan for attracting advertisers, but it seems as though Ion certainly has a good thing in the works thus far. It is still early in the campaign, but I’m sure they are going to be very happy with the results when it comes to an end.

Sources:

[1] Ion Media Networks Milestones

[2] Mobile Content Venture

[3] Ad Age Branded Content

[4] Ion Media Networks Milestones

[5] 2013 Upfront Season Overview

[6] TV News Check – Ion New Look

[7] TV by the Numbers – Multi-Tiered B2B

[8] Broadcasting Cable – ‘IONTHUSIASTS’ Marketing Campaign

[9] Meet the Ionthusiasts

[10] Ion Television Sizzle Reel

[11] Ionthusiasts – How it Works

[12] Ionthusiasts – Dean & Stephanie

[13] Ion Lounge

[14] Ion Media Networks Logo

[15] Brandon Burgess

[16] Chris Addeo

[17] Jeff Quinn

[18] Douglas Holloway

[19] Old Ion Logo

[20] New Ion Logo

[21] Barker DZP Logo

[22] Ion Demographics

[23] Dean & Steph

[24] Interactive game

[25] Ion Lounge

[26] Lounge example

[27] Lounge homepage

DreamWorks SKG Studios

Posted on April 8, 2013 by eamoomey

by Emily Moomey

– Courtesy of dreamworksstudios.com [1]

DreamWorks Studios
100 Universal City Plaza
Universal City, CA 91608
818-733-7000

Company Overview

DreamWorks Studios is a motion picture company that focuses primarily on films and television programming. The original studio was founded In 1994 by Steven Spielberg, Jeffrey Katzenberg, and David Geffen as an independently owned entity. The studio had initial success with it’s hit television show “Spin City” and went on to release it’s first film “The Peacemaker” in 1997 [2]. The company also garnered high financial success with animated feature length films. In 2004 DreamWorks Animation was spun-off and became its own publicly traded company and Katezenberg left with the animation division to became the CEO. In 2006 the studio was sold to Viacom, the parent company of Paramount Pictures, but after two years of partnership DreamWorks left Paramount and signed a deal with the Reliance ADA Group [3]. The current DreamWorks Studios was co-created by Steven Spielberg and Stacey Snider along with funding from the Reliance ADA Group.

Key Figures

Steven Spielberg – Principal Partner and Co-Chairman [4]

Stacey Snider – Principal Partner/Co-Chairman/CEO [5]

Jeff Small – Chief Operating Officer [6]

Financials

DreamWorks Studios was created with initial financial backings from the original three founders. Spielberg, Katzenberg, and Gaffen all contributed $33 million and co-founder of Microsoft Paul Allen fronted $500 million to kick start the company. [7] The company worked hard to retain it’s ownership and remain an independent film studio, but some hard-hitting flops in its later years at the box office brought the company into concerning debt. In 2006 Spielberg and his constituents sold DreamWorks to Viacom and Paramount pictures for $1.6 billion, which included $400 million of debt assumptions. [8] Under Paramount the studio produced a large number of successful and critically acclaimed films. Still, just two years later Speilberg closed a deal with the Reliance ADA Group for an investment of $500 million, while J.P. Morgan Chase & Co. provided $700 million towards another independent venture. [9] Since 2008 the studio has again struggled at the box office and had to restructure it’s finances. Each year the company has tried to negotiate for more money from the Reliance ADA Group, and most recently just received another $200 million investment from them. [10]

Filmography

Although the company has had some financial struggles, DreamWorks Studios has produced many unforgettable films. In its early stages, Spielberg released “Saving Private Ryan” which earned him the Oscar for best Director that year along with four other wins out of the eleven nominations for the film. Additionally, it was the highest grossing domestic release of that year. [11] In 1999 the studio released “American Beauty” starring Kevin Spacey which kicked off a string of box office hits. These included “The Contender”, “Castaway”, “Meet the Parents”, “Almost Famous” and “Gladiator” which won the 2000 Oscar for Best Picture. With these films came a very successful year at the box office, earning the studio over $2 billion worldwide. [12] While the animation division was still a part of DreamWorks Studios they produced “Shrek” starring Mike Meyers and Cameron Diaz which brought home the first ever Oscar for Best Animated Feature Film. Over the years, the company also created such box office hits as “Dreamgirls” and the “Transformers” and “Paranormal Activity” franchises. Most recently the biggest buzz coming from the studio was for “The Help” which earned over $200 million at the box office and Spielberg’s “Lincoln” that just earned Daniel Day Lewis an Oscar for Best Actor at the 2013 Academy Awards. [13]

Click on this link to view the “Lincoln” trailer – [14]

In the News

When DreamWorks Studios transitioned back into an independent company they secured a deal with The Walt Disney Company to distribute their films worldwide. Just last month, in March 2013 it was confirmed that Disney along with Showtime renewed an output deal with the studio through 2018. The agreement states “DreamWorks Studios’ films theatrically released by Disney through 2018 will air across Showtime, The Movie Channel and Flix, as well as its multiplex channels”. [15]

In film news, DreamWorks Studios has decreased the amount of films released in the upcoming years significantly compared to the number they have been known to create. Previously, the company would release on average six films a year. In 2012 they only released two, “Lincoln” and “People Like Us”. They have the same plans for 2013 with Vince Vaughn’s comedy “The Delivery Man” and a film about the Wikileaks scandal called “The Fifth Estate”. [16]

Click here to view a clip about the upcoming film “The Fifth Estate” [17]

However, there seems to be hope for the future. The studio has announced that it has acquired the rights to some exciting new films, including the script based on the true story of the a Capella group Straight No Chaser, which the film will be titled. It will tell the story of the groups rise to success through YouTube. [18] Additionally, there are two other films in the works for the studio. The first is “Need For Speed”, a racing action movie based on the Electronic Arts video game set to be released in 2014. Just recently Michael Keaton signed on to star in the film. [19] The second is not yet set for production but DreamWorks is working to buy the script for “Merry Men”. The company just offered a six-figure number for the rights to the film. Although there have been numerous versions of the Robin Hood story, this film looks to attack it from the perspective of his fellow merry men. [20]

Finally, just this month it was announced that the studio obtained the life rights to the Boston Globe’s “Spotlight Team”, the news reporters that won a Pulitzer prize for revealing the cover-up of the pedophile priests in the Catholic churches of Massachusetts. Tom McCarthy and Josh Singer have signed on to co-write the script and the studio will work with Participate to produce the film. Josh Singer also wrote the script for the “The Fifth Estate” for DreamWorks. [21]

Sources
[1] Dream Works logo
[2] DreamWorks Studios
[3] New York Times – A Studio’s Real Life Drama
[4] Spielberg photo
[5] Snider photo
[6] Small photo
[7] DreamWorks Studios
[8] reuters.com – Paramounts DreamWorks Come True
[9] reuters.com – DreamWorks Completes Deal with Reliance ADA
[10] LA Times – DreamWorks Studios Stays Alive
[11] DreamWorks Studios History
[12] DreamWorks Studios History
[13] DreamWorks Studios History
[14] Lincoln Trailer
[15] deadline.com – Showtime and Disney Renew
[16] DreamWorks Studios
[17] News on “The Fifth Estate”
[18] Straight No Chaser
[19] “Need for Speed”
[20] deadline.com – Merry Men
[21] Upcoming film release for Catholic church scandal

Discovery Communications

Posted on April 8, 2013 by Whembley Sewell

by Whembley Sewell

Logo for Discovery Communications [1]

CONTACT:

One Discovery Place

Silver Spring, MD 20910

http://corporate.discovery.com/

COMPANY OVERVIEW & INFLUENCERS:

President and CEO David Zaslav [14]

Discovery Communications is the leading creator of non-fiction media content in the world.[2] Since its founding in 2005, Discovery’s influence has grown to span over 200 countries across multiple different media platforms.[3] Under the leadership of CEO and President David Zaslav, the company has been experiencing many successes, in the realms of both finance and popularity. The company’s stock has increased 51.1% since the previous year,[13] viewership for their various channels have been at all-time highs with an estimated 1.7 billion subscribers.[15] New ventures are also beginning to break even and gain a strong foothold within the world of cable television.

HOLDINGS & MAJOR SUCCESSES:

From websites, to various cable channels, to magazines, Discovery Communications does it all. Their dedication to providing both entertaining, yet educational and informative content, factor into their overall success with their audiences. They produce material on each of their sites and channels that have worked to generate a large following and strong ratings. Each one of Discovery Communications’ holdings has a loyal group of viewers that are drawn in day and day out by the unique content that Discovery creates.

Logo for Discovery Channel [12]

One of their most notable holdings includes the channel bearing their name, The Discovery Channel. Since its founding in 1985, it has served the purpose of exposing viewers to the inner workings and complexities of the world, be it subjects including technology, history, or science. The Discovery Channel has stationed itself as “the number one media and television brand in overall quality”, providing its audiences with content featuring top of the line cinematography. Some of the programs that are popular now include Deadliest Catch and MythBusters.

A poster for TLC’s hit show “Toddlers & Tiaras” [10]

The Learning Channel, or TLC also stands out amongst Discovery Communications as a heavy-hitter in the world of cable programming. In 1991, when Discovery acquired TLC for $31.5 Million, they used the opportunity to launch more reality programming. Early programs like “Trauma in the E.R” paved the way for other successful reality shows like “Trading Spaces” and “What Not to Wear”. Now, TLC is churning out multiple hit shows like “Jon & Kate, Plus 8”, “Toddlers & Tiaras”, “DC Cupcakes,” “Cake Boss”, and the craze that is “Here Comes Honey Boo Boo”.[9] Though shows like “Toddlers & Tiaras” and “Here Comes Honey Boo Boo” draw in some negative criticism from viewers, many of these non-fiction series and their respective casts have become “worldwide phenomena” that continuously draw ever broadening audiences in to the programming that Discovery Communications has to offer.

CURRENT VENTURES:

Logo for Revision3 [16]

In 2012, as an attempt to cater to the “internet generation”, Discovery Communications acquired Revision3. All of its content exists on Revision3.com, but it can also be viewed on a television. Their also features programming features content that can be accessed on various different mobile devices, and can be found across the internet on sites like YouTube, Dailymotion, and Metacafe. It is estimated that Revision3 rakes in about 23 million viewers, all looking to enjoy the network’s shows about technology, modern culture, and music amongst many other things.[7] Though the site and its extensions rake in an estimated 80 million views monthly, efforts are being made to improve these numbers. In order to increase the popularity amongst their target demographic, Revision3 recently launched an XBOX360 app for easy access. This will allow them to reach over 70 million people,[11] and aligns them with other over the top video services such as Netflix, Hulu, and HBOGO.

Release poster for 3Net [20]

3Net is a revolutionary concept created by world class teams at Discovery and leading studios Sony, and IMAX.[18] The entire channel serves the purpose of creating top of the line, three-dimensional content. 3Net, released in early 2011 and fully launched in late 2012, is now functioning as the first and the only 24/7 3D network.[17] Its unique position as the first channel of its kind allows 3Net to have established one of the “most extensive” libraries of 3D content in the entire world.[19] It has something for everyone, offering a wide range of programming in every genre, be it documentary, action, lifestyle, cuisine, kids and family, or travel.[17] Even though it in its infancy, this network has been well received and has acquired a base of approximately 40 million viewers already. Their distribution affiliates have grown to include companies like DIRECTV, Comcast, and Netflix.[21] In order to provide their increasing influence and generate even more widespread appeal, 3Net has been looking to create the highest quality content. In the works is the development of 4K and UltraHD programming that will provide 3Net’s audience with best grade of entertainment possible.[21]

Promotional poster for the release of Oprah Winfrey’s network, OWN [6]

One of Discovery’s most recent and notable ventures is that of OWN, or Oprah Winfrey Network. OWN, a network with a very female-centric focus, has allowed Discovery Communications to market on Oprah Winfrey’s massive audience and has used Winfrey’s widespread appeal to launch extensions of the world reknown Oprah Winfrey show. Shows such as “Oprah’s Next Chapter”, “Oprah’s Lifeclass”, and “Oprah’s Masterclass” all utilized Winfrey’s fame to springboard her entire network. [4] Unfortunately, OWN was off to a rocky start and its potential for success was questioned early on. After starting with losses of $330 Million and upwards, rumors flew that the network would be quickly axed.[5] Fortunately, Winfrey has recently partnered with other heavy-hitters like Tyler Perry to produce new and diverse releases to draw in bigger audiences. [4] New shows debuting in May, like Perry’s “The Haves and the Have Nots” and “Love They Neighbor”, are OWN’s first ventures into scripted series, which hopefully will help them to bring in more viewers and compete with other networks with largely female audiences like Bravo and Lifetime.[8]

WORKS CITED:

[1] http://media.corporate.discovery.com/blog/wp-content/uploads/2012/04/DISC-COMM-pos-4c.png

[2] http://corporate.discovery.com/our-company/overview/

[3] http://www.reuters.com/finance/stocks/companyProfile?symbol=DISCA.O

[4] http://www.oprah.com/own

[5] http://www.dailymail.co.uk/news/article-2140773/Oprahs-OWN-network-Losses-approach-330m-amid-predictions-axed-year.html

[6] http://www.mediabistro.com/prnewser/files/2011/01/OWN.jpg

[7] http://corporate.discovery.com/brands/revision3/

[8] http://online.wsj.com/article/SB10001424127887324391104578225750715281798.html

[9] http://www.businessinsider.com/history-of-tlc-from-learning-channel-to-honey-boo-boo-2012-11?op=1

[10] http://www.canadianfreestuff.com/wp-content/uploads/2012/07/Toddlers-300×225.gif

[11] http://www.reelseo.com/revision3-xbox-360-perfect-match/

[12] http://www.vivatv.ro/wp-content/uploads/2011/12/discovery-channel-logo.jpg

[13] http://www.deadline.com/2013/04/discovery-david-zaslav-2012-compensation-salary/

[14] http://www2.pictures.zimbio.com/gi/Summer+TCA+Tour+Day+3+Di10W00Q6aql.jpg

[15] http://www.reuters.com/finance/stocks/companyProfile?symbol=DISCA.O

[16] http://media.corporate.discovery.com/blog/wp-content/uploads/2012/08/revision3-logo.jpeg

[17] http://press.discovery.com/us/3n/info/

[18] http://corporate.discovery.com/brands/us/3d-network/

[19] http://www.3net.com/about

[20] http://www.adweek.com/files/cable.3NET_SONY.ad.jpg

[21] http://corporate.discovery.com/discovery-news/3net-marks-second-anniversary-dramatic-growth-cons/

Weinstein Company

Posted on April 8, 2013 by Shawn Namet

by Shawn Namet

The Weinstein Company logo

History

Bob and Harvey Weinstein, the founders of Miramax, launched The Weinstein Company in October 2005. The studio handles the production and distribution of films as well as production of television content. Weinstein Company films took home the Academy Awards for Best Picture in 2011 and 2012, for The King’s Speech and The Artist, respectively. The Weinstein Company also owns Dimension Films, a label started by Bob Weinstein in 1993, which has produced films like Scream and Scary Movie. [1]

Key Executives

Harvey Weinstein
Courtesy of The Hollywood Reporter

Harvey Weinstein founded Miramax in 1979 with his brother Bob Weinstein. The two have been nominated for 303 Academy Awards between them, 75 of which they have won. [2]

Bob Weinstein
Courtesy of the New York Post

Bob Weinstein established Dimension Films in 1993 while still at Miramax. The Dimension Films label specializes in science fiction, action, and horror films like Piranha, Grindhouse, and Sin City, as well as family films like Spy Kids. [3]

Financials

After finishing 2012 in eighth place among film distributors with a 2.4% market share, the Weinstein Company has moved up to second place with a 12.1% market share as of April 4, 2013. The smaller independent studio beat out most of the major studios in box office grosses for the first quarter with $282.4 million in revenue, up from $75.6 million at the same time last year. The lead may not hold, however, since the upcoming Summer season of blockbuster action films like Iron Man 3 is sure to give larger studios a boost that could take them the top of the box office rankings. The studio climbed the list thanks to high grosses from Silver Linings Playbook and Django Unchained, which also garnered critical acclaim and numerous Oscar nominations. [4] [5] [6]

Recent Film Releases

Silver Linings Playbook

Courtesy of The Weinstein Company

Director David O. Russell’s Silver Linings Playbook, adapted from a book by Matthew Quick, is the story of Pat Solitano, a man struggling with bipolar disorder who is released from his court ordered stay in a mental institution and attempts to put his life in order and win back his wife. Pat then meets the recently widowed Tiffany, who convinces him to compete in a dance competition as a way to prove himself to his wife. [7]

Silver Linings Playbook began its theatrical run in a limited release in only 16 theaters, but would eventually spread across the country to play in more than 2,800 theaters in its twelfth week. [8]

The film has made a total domestic gross of almost $130 million on a budget of just $21 million, and received an average review score of 81 out of 100, representing universal acclaim from major film critics, according to review aggregator Metacritic. The film went on to receive eight Academy Award nominations, including Best Picture, and won lead actress Jennifer Lawrence her first Oscar. [6] [8] [9]

Django Unchained

Courtesy of the Weinstein Company

The latest in a series of director Quentin Tarantino’s collaborations with the Weinstein Company, Django Unchained, follows a slave, Django, who is freed and recruited by bounty hunter Dr. King Schultz. The pair track down and attempt to rescue Django’s wife at a plantation owned by the brutal Calvin Candie.[10]

Tarantino’s first foray into the western genre made $30 million dollars for it’s Christmas release, and went on to gross a total more than $162 million domestically. Like Silver Linings, Django received universal acclaim on Metacritic with an average review score of 81 out of 100. The film received five Academy Award nominations, winning in both the Original Screenplay category as well as the Supporting Actor category for Christoph Waltz’s performance as Dr. Schultz. [11] [12] [6]

Despite the critical and commercial success of Django Unchained, the picture drew criticism for the consistent use of racial slurs in the film’s dialogue. Director Spike Lee was especially outspoken on the issue. Controversy does not appear to have harmed the film’s box office revenues or Oscar hopes, and in fact brought the film more publicity and visibility in the news media. [13]

Upcoming Projects

Big Eyes

Tim Burton
Courtesy of Biography.com

The Weinstein Company is in the process of completing a deal to fund and distribute the next film from popular director Tim Burton, titled Big Eyes. The film is based on the true story of Walter and Margaret Keane, a couple who found success in creating some of the first mass marketed artwork, selling their paintings through retailers across the United States until their partnership and marriage bitterly ended. Christoph Waltz and Amy Adams are set to star.

Many of Burton’s recent films have been highly successful at the box office, with his film Alice in Wonderland grossing over $334 million domestically. Given Burton’s current popularity and the dedicated fan base he has gathered, Big Eyes could be a boost for the studio, even though the subject matter may not lend itself to a large scale event film like Alice. [14] [15]

Early Oscar Contenders

The Weinstein Company has already begun laying out release dates for some of its Oscar hopefuls, focusing on the traditional year end award season. The first will be August: Osage County, a dark comedy with an ensemble cast including Meryl Streep, Sam Shepard, and Julia Roberts. The studio has also acquired the distribution rights to Sundance Film Festival Grand Jury and Audience Award, Fruitvale, which is also likely to be an awards contender.

Nicole Kidman as Grace Kelly in “Grace of Monaco”
Courtesy of guardian.co.uk

In recent months the company has also announced acquisition of United States distribution rights for two high-profile biopics that are likely to garner nominations in acting categories. The Weinsteins will distribute Grace of Monaco, starring Nicole Kidman as classic Hollywood actress Grace Kelly, as well as Mandela: Long Walk to Freedom, which will star Idris Elba as South African president and apartheid activist Nelson Mandela. [16]

Coming Soon

The Weinstein Company has begun promoting Only God Forgives, starring Ryan Gosling. A May 2013 release date has been announced for France, hinting at a showing at the Cannes Film Festival. [17]

The studio’s next film to release will be Scary Movie 5, the newest installment in the horror parody franchise. The film is expected to draw in an established fan base, and advertisements show a focus on cameos from celebrities like Charlie Sheen and Lindsay Lohan. [18]

Sources

[1] About the Weinstein Company

[2] About Harvey Weinstein

[3] About Bob Weinstein

[4] Box Office Mojo – Studio Market Share

[5] Hollywood Reporter – Box Office Report

[6] Cinema Blend – Oscar Nominations and Winners

[7] IMDb -Silver Linings Playbook

[8] Box Office Mojo Silver Linings Playbook

[9] Metacritic – Silver Linings Playbook

[10] IMDb – Django Unchained

[11] Box Office Mojo – Django Unchained

[12] Metacritic – Django Unchained

[13] LA Times – Django Unchained controversy rages on

[14] Deadline – Tim Burton to direct ‘Big Eyes’

[15] Box Office Mojo – Alice in Wonderland

[16] Indiewire – Weinstein Company sets Oscar release dates

[17] Latinos Post – Cannes Film Festival predictions 2013

[18] Scary Movie 5 website

Spyglass Entertainment

Posted on April 8, 2013 by Hadley Rosenbaum

SPYGLASS ENTERTAINMENT

by Hadley Rosenbaum

Courtesy of Spyglass

245 N Beverly Dr

Beverly Hills, CA 90210

Tel: 1 310 443 5800

Fax: 1 310 443 5912

History/Overview

Spyglass Entertainment, LLC is an American Film and Television production company that was co-founded by Roger Birnbaum and Gary Barber in 1998. European media giants, Kirch Group in Germany, and Mediaset in Italy, were the founders of Spyglass and agreed to invest for 5 years in the films that were produced in the studio. The deal was estimated to be worth $250 million (1). This deal was backed by The Walt Disney Company, and they aimed to produce around 3 to 5 movies a year through “a combination of studio money, global alliances with international distributors and media companies, and backed by a large financial institution”(2). Cerberus Capital Management currently owns the company.

Key Figures (3)

CO-Founders of Spyglass Entertainment

Gary Barber- Co-Chairman

Courtesy of Spyglass Entertainment

Gary Barber is the co-founder of Spyglass Entertainment along with his partner Roger Birnbaum. He has produced and executive produced a handful of films and he has run many entertainment businesses, including production, music, foreign distribution etc. He is a true mastermind of the entertainment business. Before Spyglass, Barber was the Vice Chairman and Chief Operating Officer of Morgan Creek, which is another American production studio. Even before Morgan Creek, Barber was the President of Vestron International Group, which focused on home video distribution. Barber received his college degrees fro the University of Witwatersrand in South Africa. Mr. Barber was named Co-Chairman and Chief Executive Officer of Metro-Goldwyn-Mayer Inc. in December 2010, but he continues to serve as Co-Chairman of the Board of Spyglass.

Roger Birnbaum- Co-Chairman

Roger Birnbaum is the co-founder of Spyglass Entertainment along with his partner Gary Barber. Birnbaum started his career as Vice President of Arista Records and A&M Records before starting his career in the film industry. Before he co-founded Spyglass Entertainment, Birnbaum co-founded Caravan Pictures, where he helped to produce

Courtesy of Spyglass Entertainment

many box office hits like “Rush Hour,” “Inspector Gadget,” “ “The Three Musketeers,” “Angels in the Outfield” and “While You Were Sleeping.” Even before working at Caravan, Birnbaum was the President of Worldwide Production and Executive Vice President of Twentieth Century Fox, where he helped produce a multitude of great films, like“Home Alone,” “Sleeping with the Enemy,” “Edward Scissorhands,” “My Cousin Vinny,” “The Last of the Mohicans,” “Die Hard 2” and “Mrs. Doubtfire,” among others. Lastly, prior to that, Birnbaum was President of Production for United Artists, where he helped to develop and produce the Oscar winning film “Rain Man.”

Jose Gutierrez

Jose is the Chief Financial Officer and the Chief Executive officer. He takes care of everything financially- related to Spyglass entertainment- banking and financial reporting, day-to-day activities, etc.

Success (3) (7)

Spyglass films have made a huge source of revenue in the box office, grossing over $5 billion worldwide to this day. Spyglass started its success with The Sixth Sense Spyglass was launched with the phenomenal box office success The Sixth Sense, starring Bruce Willis, which grossed over $661 million and achieved six Academy Award nominations. It also had another 32 wins and 37 nominations across the board (7). Other successes include Bruce Almighty, starring Jim Carrey, which grossed over $485 million in worldwide box office and is considered one of the blockbuster comedies of all time, and Memoirs of a Geisha, based on the best-selling novel, which earned Spyglass three Oscar wins out of six nominations, bringing the company a total, to date, of 34 nominations.

MGM

A lot of the movies Spyglass Entertainment helped produce were in collaboration with other production companies, and have slowly stopped producing movies in their studio. This is because in 2010, Spyglass purchased Metro-Goldwyn-Mayer Inc., which lifted the

MGM Logo

company out of bankruptcy. Spyglass Entertainment and its investor Carl Ichan wrote off around $5 billion in debts in exchange for the studio. I was announced that Gary Barber and Roger Birnbaum would become co-chairmen and chief executive officers of the studio (4).

Metro- Goldwyn-Meyer Studio owns one of the largest modern collections of feature films in the world, including 4,100 theatrically released feature film titles and approximately 10,800 television episodes. Films in the MGM Library have won over 200 Academy Awards, including 15 Best Picture Awards (5). This iconic company has so many operating units, including Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in domestic and international TV channels reaching over 130 countries (6).

Right Here, Right Now (8)

Spyglass Entertainment now serves as more of a distribution company of the movies they already have, and they have scaled back a lot on their movie production because of the merge. There are still some movies in production, just not 20 year.

One movie in production right now is Hercules: The Thracian Wars, which is set to start filming this upcoming may, and the release date is set for July 25^th, 2014. The movie is based off of a comic book, and has Dwayne Johnson playing Hercules. It will basically be a comic book-action- spinoff.

Spyglass has a few movies right now currently in development. One is called The Undomestic Goddess, which is a comedy about an American attorney who loses her job and finds work as a housemaid in England. This is based off of a book, and has no set date to begin production.

Another movie in development for Spyglass is called The Game, which is going to be an action/comedy about a man who hires a professional seduction expert to help him become the world’s best pick-up artist. Brian Koppelman and David Levien are attached to the movie as the directors/writers, and this movie is based off of a novel.

One last movie Spyglass has signed on to co-produce is called The Brood, which is an adaption of a 1970’s horror television show, which is now being remade into a movie by Breck Eisner.

References

(1) http://pqasb.pqarchiver.com/latimes/access/35507765.html?dids=35507765:35507765&FMT=ABS&FMTS=ABS:FT

(2) http://pqasb.pqarchiver.com/latimes/access/33285845.html?dids=33285845:33285845&FMT=ABS&FMTS=ABS:FT&type=current&date=Aug+21%2C+1998&author=CLAUDIA+ELLER&pub=Los+Angeles+Times&desc=Company+Town%3B+THE+BIZ%3B+Spyglass+Offers+Disney+Lower-Risk+Deals&pqatl=google

(3) http://www.spyglassentertainment.com

(4) http://www.globaltimes.cn/business/world/2010-12/603275.html

(5) http://online.wsj.com/public/resources/documents/CopyMGM.pdf

(6) http://www.prnewswire.com/news-releases/mgm-restructuring-plan-becomes-effective-112209709.html

(7) http://www.imdb.com/title/tt0167404/

(8) http://pro.imdb.com/company/co0031181/

Disney/ABC Television

Posted on April 8, 2013 by Richard Calabro

by Richie Calabro

Courtesy: Disney/ABC

Disney/ABC Television Group

500 South Buena Visita Street

Burbank, California 91521

Anne Sweeney – President
Courtesy: Disney/ABC

If you’re a TV watcher, a fan of sports, entertainment or movies, it is highly likely that at one point you have stumbled upon content that has been produced by Disney/ABC. The Disney/ABC Television group operates all kinds of entertainment platforms such as ESPN, ABC News, Lifetime, The History Channel and Disney’s wide network of films just to name a few. This vast encompassing company employees nearly 150,000 in the United States and around the world, can be seen in 97 million homes and has yearly revenue of in the tens of billions.[1]

Programming

2013 has been a banner year so far for the ABC/Television group. There has been a lot of exciting changes going on within the company in terms of programming, digital innovation and strategic partnership. One of those partnerships, a crossover plan between Marvel Comics and Disney/ABC, looks to be a revolutionary experiment for the TV industry. [2]

Courtesy: Hollywood Reporter

Under the proposed plan announced at the end of March, a wide range of the network’s scheduled television programming would be affected by bringing them into the Marvel world through a series of crossover events with the upcoming Avengers related show S.H.I.E.L.D.

“With each major story line other stories in ongoing books are brought in, featuring characters that might not otherwise be seen in the main event,” said Joss Whedon, director of the movie The Avengers. [3] Other shows that are possibly in the mix are Once Upon A Time, Scandal, Red Widow and Rookie Blue. The plan is sure to be an interesting event to watch and if successful, will look to be duplicated by other networks.

Courtesy: Politico

Disney/ABC and Univision

Strategic partnership has been a theme so far this spring for Disney/ABC. In early February, ABC and Univision announced a fresh and exciting news and lifestyle network for U.S. Hispanics. The new network, called Fusion, is set to launch in the fall of 2013. [4] The new network will bring together the powerful journalistic and reporting assets of ABC News and Univision, creating a unified place for U.S. Hispanics to go for news surrounding their world and culture. “Our collaboration will bring unmatched reporting capabilities and understanding of issues and entertainment that resonate with the Hispanic community,”says Anne Sweeney, President of Disney/ABC. [5]

Courtesy: Mediabistro

Fusion will be able to reach millions of Hispanic and American viewers, already having 5 of the nations largest cable distributors on board to broadcast the content. The network will focus mainly on issues relevant to U.S. Hispanics like the economy, health, entertainment and immigration. [6]

Good Morning America At The Top

For years NBC’s “The Today Show” had been at the top of the morning show network ratings. However, this past February, ABC’s Good Morning America won the first quarter ratings for the first time since the mid-1990s. [7] GMA’s rise in popularity is due in part to the heart wrenching story of anchor Robin Roberts’ battle with a rare blood disease and the public relations nightmare that was Matt Lauer and Anne Curry.

Courtesy: TV Listings

GMA topped the morning show wars for the first quarter of 2013 in total viewers. They won the critical 25-54 demographic over the Today show, averaging an audience of 5.389 million. It was the first time the top-rated morning show has won the quarter in total viewers since 1994. GMA also won for the second quarter in a row in the 25-54 demo, first time since the second and third quarters of 1994. [8] It is thought that Robin Roberts’ illness has helped GMA jump NBC. The disease, myelodysplastic syndrome, causes the body to produce fewer red blood cells and forced Roberts to have a bone marrow transplant that came from her sister. Below is a clip of Robin Roberts’ journey.

Digital Innovation

Along with the many programming feats Disney/ABC has achieved this spring, there has been a new wave of digital innovation that has swept across the company. Disney/ABC announced in the middle of March plans to develop a live streaming TV app that can be groundbreaking in an industry where smart phones and tablets are becoming more prevalent and a danger to TV audiences. [9] The company has plans to continue work on a new live streaming television app for its broadcast network ABC that will make the platform’s content available to cable and satellite subscribers.

Courtesy: Disney/ABC

Although ABC is a free over-the-air public network, the streaming capabilities would only be available to cable and satellite subscribers so that Disney would not upset providers. [10]

Disney/ABC is no stranger to making groundbreaking digital application moves. The launch of the “Watch ESPN” app has been a phenomenal success for the company. It has expanded viewership on all platforms making content more accessible on the go.

This comes at a monumental time for digital innovation at Disney/ABC. Recently it was announced that the Disney/ABC app released several years ago ahead of the first iPad, has reached 10 million downloads. [11] With the reaching of this mark, the app has become one of the most successfully downloaded applications of all time.

ABC.com Comedy Shorts

With the success of recent comedy shorts in the past and the desire to boost exposure online, Disney/ABC has recently announced plans to add more digital elements to its network. [12]

Courtesy: Disney/ABC

In an effort to expand offerings online, the network will debut pop culture and show related videos under its ABC.comedy platform. The first will be Taye Diggs Destroys Hip Hop and Dancing With the Stars Judge Bruno Tonioli’s Writer’s Room.

“Humor is a hallmark of the ABC Network, so it makes sense that we infuse our digital video content with as much comedy as possible,” said Chris Thomes, Vice President of Disney/ABC Television Group’s Digital Media Studio. [13]

The ABC comedy series began in fall 2011 with video recaps for the network’s Wednesday comedies and grew the following year to include comedic rundowns of the network’s dramas. The success of Modern Family’s Halloween short has inspired the push for new content on this platform.

Sources

[1] LA Times: Disney/ABC Television Group Workforce

[2] Geek Exchange: Disney/ABC Crossover Plan

[3] Geek Exchange: Disney/ABC Crossover Plan

[4] ABC News: Network Gets New Name

[5] Mediabistro: Univision Channel to be Called Fusion

[6] ABC News: Network Gets New Name

[7] Deadline: GMA Wins First Quarter

[8] ABC News: GMA Beats NBC’s Win Streak

[9] Apple Insider: Disney’s ABC Working on New Live App

[10] Apple Insider: Disney’s ABC Working on New Live App

[11] Media Daily News: App Reaches 10 Million Downloads

[12] Hollywood Reporter: ABC to Debut Comedy Shorts

[13] TV Broadway: Taye Diggs Partners For New Comedy Shorts

Universal Pictures

Posted on April 8, 2013 by Moon Park

by Moon Park

Universal Pictures logo [1]

Address: 100 Universal City Plaza Universal Studios, CA. 91608

Contact Information: 818.777.1000

Major Media Company: Comcast

Parent Company: NBC Universal

Key Executives:

Ron Meyer, President and Chief Operating Officer

Adam Fogelson, Chairman

Jimmy Horowitz, President

Rick Finkelstein, Vice Chairman and Chief Operating Officer

James Schamus, Chief Executive Officer

(Ronald Meyer)

Profile: Universal Studios Inc. also known as Universal Pictures is an American motion picture and television studio which is located in Universal City in California. Universal Pictures is owned my Comcast and is a subsidiary of NBC Universal. It is one of the six major studios in the United States and one of the longest existing motion picture studios as well. Its main purpose is to develop, produce, and market entertainment[2]. Along with making movies, Universal also has theme parks located in Hollywood, California and Orlando, Florida[3]. Through its international production group, the studio teams up with the international studios to make blockbuster movie. They also make wide commercial and special releases in not so familiar regions. For almost a century now, Universal Pictures made diverse films such as classics: Jaws, E.T., Jurassic Park series, and Mamma Mia!. It also made franchise movies such as: Meet the Parents, Fast and Furious, Back to the Future, and the Bourne Series. Not only did they make high grossing movies, they also made quality movies which won them the Academy Awards such as: King Kong, Brokeback Mountain, The Pianist, and many more[4] . Over the years of movie making, Universal Pictures grossed over $25 billion all time (movies before 1982 has not been recorded)[5]. On the course of making movies, Universal is very successful and is on the top of the list when it comes to studios.

Universal Pictures History: Carl Laemmle was the man to start Universal Pictures. While he was planning to start a clothing shop in Chicago in 1905, he came across people waiting in line for a nickelodeon. At that moment Laemmle decided to change his job, and opened his first theater The White Front Theater. From then on, Laemmle started to make more branches of theaters with partners and started making money. Carl Laemmle met Robert Cochrane and expanded their theaters. They made the Laemmle Film Service, which became the largest movie distributor of the country in the early 1900s. After having problems with the motion pictures, Laemmle and Cochrane made their own movies. In 1912 the Universal Film Manufacturing Company was formed and this led to Universal Pictures’ 100th anniversary in 2012 [6].

Where the company is headed today: Most good film today push towards the holidays or before it so that it could be a contender for an award ceremony held in early times of the year. Films such as: Zero Dark Thirty and Les Miserables were nominated for both the Golden Globes and the Oscars. The movie Ted also did great in the box office to end Universal’s 2012 [7].

January 2013 : On January 6, Universal renewed its domestic domestic output deal with HBO with a long term extension. This is the tenth year they are working with HBO and has been successful [8]. The epic film Jurassic Park, which was made in 1993, is scheduled to be released in IMAX and 3D on April [9]. Universal Pictures signed with Nintendo’s marketing director and assistant general manager, Dawn Paine to be their vice president of marketing mostly in overseas. In addition he is responsible for the publicity of Universal’s home entertainment business [10].

February 2013: Universal showed their new release: Fast and Furious 6 on the day of Superbowl. The movie is expected to be seen everywhere on theaters May 24 [11]. The character Ted(from the movie Ted) came out with its co-star Mark Wahlburg in the 85th Oscars. Seth McFarlane who created and played Ted hosted the show and asked Universal Pictures to pay for the appearance due to technical issues [12]. In addition, Les Miserables’ Anne Hathaway won best supporting actress and many were nominated for both Les Miserables and Zero Dark Thirty.

March 2013: Universal Pictures were fighting for legal rights with a porn producer, who adapted a pornography adaptation of Fifty Shades of Grey. Universal won the rights in the end, which turned out for Smash Pictures to pay Universal for their doing [13]. Marc Abraham and Eric Newman of Strike Entertainment (an Universal Pictures co-company) decided to dissolve the company and step away from Universal after a 15 year run [14]. StudioCanal has launched legal actions against Universal, who was their former partners. StudioCanal claims that Universal’s violation was “fiduciary and contractual obligations.” They also claim that Universal hid some payments and did not report incomes. [15].

April 2013: Jurassic Park premiered on April 5th and is made $18 million in its opening weekend where budget was just at the $10 million mark [16] . From January-April, Universal Pictures came in at number one in the studio market share with its distribution. They marked 13.1% and grossed over $300 million with five movies, two of them being released in 2013 [17].

What is coming next for Universal: Universal Pictures are pushing for roughly twelve more movies to come out for 2013. Summer movies are: Fast and Furious 6, Kick Ass 2, The Purge, Despicable Me 2, R.I.P.D, etc… [18].

Financial Reports: For the fourth quarter report of Universal Pictures in 2012, they increased 9% from 1.3 to 1.4 compared with 2011 fourth quarter financial report from films such as, Les Miserables Ted, This is 40, and Bourne Legacy. Their Operating Cash Flow decreased 4.7% from $89 million to $84. For the year, they ended $5.2 billion, which was a 12.4 increase from their 2011 revenue $4.7 billion [19]Comcast Corporation (the owner of Universal) announced on March that they will release their 2013 first quarter financial report on May 1, 2013 [20].

Competition: Competition for Universal Pictures are as followed: Paramount Pictures, 20th Century Fox, Walt Disney Pictures, Columbia Pictures, and Warner Bros. Pictures. They are known as the Major Big Six Film studios in the United States.

Universal Pictures Affiliated Groups:

Bravo Media
CNBC
E!
Esquire Network
Fandango
Focus Features
Golf Channel
International Television
MSNBC
mun2
NBC Entertainment
NBC News
NBC Owned Television Stations
NBC Sports Group
NBCUniversal
NBCUniversal Cable and New Media Distribution
NBCUniversal Digital Distribution
NBCUniversal Domestic Television Distribution
NBCUniversal Television Networks Distribution
Oxygen Media
Sprout
Style Media
Syfy
Telemundo
Universal Parks & Resorts
Universal Pictures
Universal Television
USA Network

Sources:

1. http://www.google.com/imgres?imgurl=http://www.myfilmviews.com/wp-content/uploads/2012/12/universal-pictures-100th-anniversary-logo1.jpg&imgrefurl=http://www.myfilmviews.com/2012/02/16/the-story-behind-the-universal-pictures-logo/&h=811&w=1500&sz=891&tbnid=azNGy7FcyZtUPM:&tbnh=65&tbnw=120&zoom=1&usg=__8V1u5F0D3KgGXBGBzwXIMnzueIM=&docid=XETkV1Rks8ResM&hl=en&sa=X&ei=hkRiUa_mH-nh4AO5h4DQCg&sqi=2&ved=0CDcQ9QEwAQ&dur=1874

2. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=804881

3. http://www.universalstudios.com/

4. http://www.nbcuni.com/film/universal-pictures/

5. http://www.boxofficemojo.com/studio/chart/?page=7&yr=&view=company&view2=allmovies&studio=universal.htm&p=.htm

6. http://www.fundinguniverse.com/company-histories/universal-studios-inc-history/

7. http://www.movieinsider.com/c13/universal-pictures/

8. http://www.deadline.com/2013/01/universal-pictures-extends-domestic-output-deal-with-hbo/

9. http://www.deadline.com/2013/01/jurassic-park-imax-3d-release-april-5/

10. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=804881

11. http://www.deadline.com/2013/02/fast-and-furious-6-trailer-extended-universal-pictures/

12. http://www.deadline.com/2013/02/oscars-2013-ted-appearance-mark-wahlberg/

13. http://www.deadline.com/2013/03/settlement-reached-in-universals-fifty-shades-of-grey-porn-adaptation-suit/

14. http://www.deadline.com/2013/03/producing-partners-marc-abraham-and-eric-newman-dissolve-strike-entertainment/

15. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=804881

16. http://boxofficemojo.com/weekend/chart/

17. http://www.boxofficemojo.com/studio/

18. http://www.boxofficemojo.com/schedule/?view=distributor&id=universal.htm

19. http://www.reuters.com/article/2013/02/12/pa-comcast-idUSnBw4kmz68a+100+BSW20130212

20. http://www.cmcsk.com/releasedetail.cfm?ReleaseID=750147

Lionsgate Entertainment

Posted on April 8, 2013 by Taylor Kowalski

Taylor Kowalski

Courtesy of Lionsgate Entertainment [1]

Company Contact Information

Los Angeles Address:

Lionsgate Corporate

2700 Colorado Ave.

Santa Monica, CA 90404

(310)-449-9200

[1]

Executives

Jon Feltheimer, CEO since March 2000.

Michael Burns, Vice Chairman since March 2000.

Steve Beeks, President since February 2004

Joe Drake, Preisdent of the Motion Picture Group since August 2007

Jim Keegan, Chief Financial Officer since April 2002

[1]

Company Overview

Lionsgate Entertainment Corporation is a leading multimedia entertainment company that maintains a presence in film and television production and distribution, home and family entertainment, digital distribution, as well as international distribution and new channel platforms. Committed to low overhead, entrepreneurial business models, cost discipline, and niche focus, Lionsgate has recently seen the success of their 12-year growth strategy, which led to Lionsgate becoming a major name in the world marketplace. [6]

Lionsgate Film’s list of successful films includes The Hunger Games, The Saw Saga, and a long list of Tyler Perry’s films. In addition, Lionsgate Television’s current programming includes successes such as FX’s Anger Management, AMC’s Mad Men, ABC’s Nashville, and Showtime’s Nurse Jackie.

Other Lionsgate holdings and subsidiaries include Lionsgate Music and Publishing, Tigergate, Mandate Pictures, Maple Pictures, Kix, Epix, Thrill, TVGuide.com, FEARnet.com, Debmar-Mercury, Elevation Sales, and Break.com.

Brief History

Lionsgate Entertainment Corporation was founded by Frank Giustra in 1997 in Vancouver, British Columbia. A majority of the funding for its founding was put forth by Yorktown Securities, a bank with stake in Frank Giustra’s mining assets. [2]

To further itself in the industry, Lionsgate acquired other small production houses, purchasing Cinepix Film Properties, which was then dubbed Lionsgate Films, as well as North Shore Studios, then renamed to be Lionsgate Studios. After more purchases, the Lionsgate Media subsidiary was founded to produce content for television. [2]

After Feltheimer became CEO, Lionsgate Entertainment acquired Trimark Pictures for approximately $50 million in June of 2000. Lionsgate also purchased Artisan Entertainment in 2003. They went on to purchase Rebus Film Distribution of the United Kingdom in October 2005, which became Lionsgate UK on February 23^rd, 2006. Also in 2006, Lionsgate sold Lionsgate Studios to Bosa Development Corporation. In June of 2007, Lionsgate Music and Publishing was founded. [2]

In 2009, Lionsgate acquired the TV Guide Network. [3]

In January of 2012, Lionsgate acquired Summit Entertainment, the producers of The Twilight Saga, which helped Lionsgate cross the $1 billion dollar threshold for the first time. This success is also attributed to the release of The Hunger Games. [1]

Courtesy of The Hunger Games [16]

Competitors

DreamWorks Studios

Imagine Entertainment

Metro-Goldwyn-Mayer Incorporated

[18]

Finances

As the fiscal year ended March 31^st, 2013, the annual financial reports for Lionsgate have not been released yet.

Their first-quarter financial report for 2013 reported revenue of $471.8 million, with a price of $.33 per share with the first quarter of fiscal 2013 ending June 30, 2012. [4]

The second-quarter earnings release reports revenue of $707.0 million with a price of $.56 per share with the second quarter of fiscal 2013 ending September 30, 2012. [4]

The third-quarter earnings release reports revenue of $743.6 million with a price of $.28 per share with the third quarter of fiscal 2013 ending December 31, 2012. [4]

View Available Financial Reports

Courtesy of Yahoo Finance [5]

At the closing of April 5^th, Lionsgate’s stock had gone up .74 of a point, a 3.29% increase.

With blockbuster films such as The Hunger Games: Catching Fire being released in 2013, Lionsgate is likely to have a comparable year to that of 2012, during which the release of franchised movies, including The Twilight Saga and The Hunger Games, led to more than $2.5 billion being made at the worldwide box office in 2012. [6]

Recent News

Courtesy of IMDB [14]

January 22, 2013– Lionsgate’s comic-based film DREDD achieved a DVD and Blu-Ray release that made it the best-selling new release title of the year. DREDD also became the top film download of the week, beating out all other films in digital sales as well. This feat adds to Lionsgate’s list of films that have made up for a lacking box office performance through DVD and Blu-Ray sales, helping Lionsgate be the industry leader in DVD-to-box office conversion. [7]

Official DREDD Trailer

February 12 and 13, 2013– Media Investor Gordon Crawford joined Lionsgate’s board of directors, increasing the size of the board to 13 members. In addition, Wayne Levin signed a long-term agreement to act as Lionsgate’s General Counsel and Chief Strategic Officer. [8] [9]

March 5, 2013– Andrew Kramer was named Chief Operating Officer of International Distribution. [10]

BD-2-wallpapers-breaking-dawn-part-2-32962100-1680-1050

Courtesy of The Twilight Saga: Breaking Dawn – Part 2 [15]

March 5, 2013– Lionsgate reported that Summit Entertainment’s The Twilight Saga: Breaking Dawn – Part 2 sold 3.85 million DVD’s and Blu-Rays in its first weekend of release. This news is more significant due to the fact that 27% of the sales were Blu-Ray copies, up from the 22% seen for The Twilight Saga: Breaking Dawn – Part 1, which further indicates the growing acceptance of the Blu-Ray format. Similarly, 20% more transactions were electronic, such as Video On Demand, for this film. [11]

Official Twilight Saga: Breaking Dawn – Part 2 Trailer

March 21^,2013– Lionsgate and the new digital entertainment service M-GO announced that they are partnering to bring Lionsgate’s library of films and television programs, such as The Hunger Games, Twilight, Madea, and Mad Men, to the digital service for customers to purchase or rent. [12]

Courtesy of TV Guide [15]

March 26, 2013– CBS Corporation and Lionsgate officially partner in a 50/50 ownership of the TV Guide Network as well as TVGuide.com, a cable channel that reaches 80 million households. [3]

Future

Though Lionsgate may not have as profitable of a fiscal year in 2013 and 2014 due to The Twilight Saga wrapping up and no longer overlapping The Hunger Games, The Hunger Games: Catching Fire as well as the rest of the trilogy are sure to be box office successes for Lionsgate.

Other upcoming films for Lionsgate include The Big Wedding, We the Peeples, You’re Next, I, Frankenstein, and Tyler Perry’s A Madea Christmas. Lionsgate is also planning to add to the Texas Chainsaw 3D franchise. [13]

Official We The Peeples Trailer

Official You’re Next Trailer

Official Tyler Perry’s A Madea Christmas Trailer

In addition, Summit Entertainment’s upcoming 2013 slate includes Now You See Me, Red 2, The Tomb, and Ender’s Game.

Sources

1. Lionsgate Official Website http://www.lionsgate.com

2. Lionsgate History http://www.fundinguniverse.com/company-histories/lions-gate-entertainment-corporation-history/

3. Lionsgate and CBS for TV Guide Network http://www.hollywoodreporter.com/news/lionsgate-eyes-sale-tv-guide-282649

4. Lionsgate Quarterly Earnings http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=quarterlyEarnings

5. Yahoo Finance Report http://finance.yahoo.com/q?s=LGF

6. Lionsgate Company Overview http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-homeprofile

7. DREDD Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1776610&highlight=

8. Gordon Crawford Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1784145&highlight=

9. Wayne Levin Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1784588&highlight=

10. Andrew Kramer Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1792410&highlight=

11. Twilight Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1792214&highlight=

12. M-GO Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1798829&highlight=

13. Lionsgate Films http://www.lionsgate.com/?section=film

14. DREDD on IMDb http://www.imdb.com/title/tt1343727/

15. Breaking Dawn – Part 2 Photo Page http://www.breakingdawn-themovie.com

16. The Hunger Games Official Website http://www.thehungergamesmovie.com/index.html

17. TV Guide Network http://www.tvguide.com

18. Yahoo Finance, Lionsgate Competitors http://finance.yahoo.com/q/co?s=LGF+Competitors

Hearst Television Inc.

Posted on April 8, 2013 by Amanda Moser

By Amanda Moser

Hearst Television Inc.

Courtesy of Hearst Television INC

300 West 57th Street
New York, New York
10019-3789
United States
Phone Number: 212-887-6800
Fax Number: 212-887-6855
Company Website: www.hearsttelevision.com [1]

Company Overview:

Hearst Television Inc., formerly known as Hearst-Argyle Television, is a subsidiary of Hearst Corporation and compromises of twenty-nine television stations and two radio stations. This department reaches 18% of United State’s households making it one of America’s largest television station groups. It was founded in 1997 from a merger between Heart Broadcasting and Argyle Television Holdings II. In 2009, became wholly-owned by Hearst Corporation. Today the company owns thirteen ABC affiliated stations, two CBS affiliates, and ten NBC affiliated stations.Heart Television Inc. partnered with Internet Broadcasting, which congregated local broadcast television and Internet. The company has stations in the Boston, Tampa, Pittsburgh, Sacramento, Orlando, and Baltimore markets. Today, Hearst is the largest group owner of ABC-affiliated stations, and the second-largest group owner of NBC affiliates. Additionally they own 20% of ESPN. Heart Television Inc. is a leader among independent broadcasting companies. [2]

Their television programs focus on news leaders and they have been awarded six consecutive Walter Cronkite Awards, the Peabody award, the duPont-Columbia University Journalism Award, the Sigma Delta Chi Award, the Gabriel, the Ad Council Silver Bell, the National Headliner Award, the Edward R. Murrow Award and the Emmy. [2]

Executives:

CEO and Chairman, David J. Barrnett. Photo courtesy of www.hearsttelevision.com

CEO and Chairman, David J. Barrnett. Photo courtesy of Heart Television INC.

In 1984, David Barrnett became the General Manager of the company’s Baltimore radio stations. By 1991, he was the Vice President of Heart Corporation and Deputy General Manager of Broadcasting. When Hearst merged with Argyle Television in 1997, he became Chairman and CEO of the subsidiary. In addition to his success within the company, he is also on the boards of Federal Communications Commission’s Media Security and Reliability Council, the International Radio and Television Society Foundation, and the Advertising Council. He has won numerous awards; his most prestigious being named Broadcasting and Cable magazine’s “Broadcaster or the Year” and being inducted into the National Academy of Television Arts and Sciences Management Hall of Fame in 2005. [3]

President, Jordan Wetlieb. Photo courtesy of Hearst Television INC.

Only recently in December of 2012 was Jordan Wertlieb named President of Hearst Television INC. Wetlieb’s job consists of the management oversight responsibility for a portion of the 29 Hearst teleivison stations as well as collaborating with David Barrett on corporate matters. He is currently the President-Chairman of the NBC Affiliate Board. Prior to this position, Wetlieb deputy general manager of Hearst Broadcasting for six years and executive VP and CEO of Hearst-Argyle Television for four years. [4]

Senior Vice President, Frank Biancuzzo. Photo courtesy of Hearst Television Inc.

Frank Biancuzzo was elected Senior Vice President in 2007, a position he used to share with Senior Vice President Phillip Stolz. Mr. Stolz is in the process of retiring and Mr. Biancuzzo is currently taking over his responsibilities. His role in the company is to share management oversight of the company’s stations. Mr. Biancuzzo has developed a large international clientele for the company and personally consulted to television stations and networks in six different countries. [5]

Senior Vice President, Phillip M. Stolz. Photo courtesy of Hearst Television Inc.

Phillip M. Stolz’s, who is in the process of retiring, role in the company is to assist in the general management of the Company’s station groups and directs a portion of the Company’s 29 television stations. Stolz is a former member of the NBC Affiliate Board, and served as chairman of its News Committee. He then served on the CBS affiliate board. He announced in May, 2012 that he would retired in February of 2013. He is still working and delegating his roles to other members in the company. [6] [7]

Finances:

Heart Television Inc. had a revenue of $785.4 million with an operation income of $228.8 million and a net income of $98.7 million in 2009. As of August 5th, 2009, Heart Television Inc. no longer files and shares periodic and annual reports to the public. Additionally they employ approximately 3,000 full-time employees. Their major competitors are Sinclair Broadcast Group Inc., Raycom Media Inc., and Local TV LLC. [8] [9] [10]

Recent News:

In December of 2012, Hearst Corporation made a deal to buy 50% of NorthSouth Productions, which will affect their television subsidiary. Hearst Corporation Chairman, Frank Bennack, said, “This partnership gives us a significantly stronger presence in cable network production, which is experiencing a steady growth in overall demand.” Hearst Television INC. will now own the rights to TLC’s “Say Yes To The Dress” and other shows on A&E, History, LifeTime, and ESPN; all of which they have ownership in. [11]

In February of 2013, Vice President Phillip Stolz officially retired, yet he is still working with Hearst Television Inc. to delegate his roles throughout the company. He announced his retirement in May 2012. He is now making the transition to an advisory role in advance of his retirement from the company. During this period, Stolz will assist Jordan Wertlieb and Frank Biancuzzo as tale Stolz’s position of management oversight of the ten stations currently in his supervisory portfolio. CEO David Barrnett said, “Phil has had an outstanding 25-year career with Hearst Television and he’s been a key senior executive through our period of significant expansion from a seven-station television group to our current 29-station group covering 18% of U.S. TV households. We are indebted to Phil for his superb contributions.” [12]

On March 12th of 2013, NBC announced they would renew “The Ellen Degeneres Show” until 2017. Since Hearst Television Inc. is affiliated with NBC, the show will run on their stations as well. This increases Hearst Televison Inc.s’ revenue and the show’s ratings and popularity continue to grow. [13]

Photo courtesy of The Los Angeles Times

On April 2nd of 2013, Heart Teleivison INC. announced they would renew their “PolitiFact” Partnernship with the Tampa Bay Times. PolitiFact is a fact-checking website of the Tampa Bay Times and they have an exclusive partnership with Hearst. [14]

Stations:

Television Stations
WCVB – Boston, MA – ABC affiliate
WMUR – Manchester, NH – ABC affiliate
WMOR – Tampa-St. Petersburg, FL – NC affiliate
WESH – Orlando, FL – NBC affiliate
WKCF – Orlando, FL – CW affiliate
WTAE – Pittsburgh, PA – ABC affiliate
WBAL – Baltimore, MD – NBC affiliate
WYFF – Greenville-Spartanburg, SC – NBC affiliate
WPBF – West Palm Beach, FL – ABC affiliate
WGAL – Lancaster, PA – NBC affiliate
WXII – Greensboro/Winston-Salem, NC – NBC affiliate
WLKY – Louisville, KY – CBS affiliate
WMTW – Portland-Auburn, ME – ABC affiliate
WPTZ – Burlington, VT – NBC affiliate
WNNE – Plattsburgh, NY – NBC affiliate
KMBC – Kansas City, MO – ABC affiliate
KCWE – Kansas City, MO – CW affiliate
WISN – Milwaukee, WI – ABC affiliate
WLWT – Cincinnati, OH – NBC affiliate
KOCO – Oklahoma City, OK – ABC affiliate
WDSU – New Orleans, LA – NBC affiliate
KCCI – Des Moines, IA – CBS affiliate
KETV – Omaha, NE – ABC affiliate
WAPT – Jackson, MS – ABC affiliate
KHBS – Fort Smith, AR – ABC affiliate
KHOG – Fayettville, AR – ABC affiliate
KCRA – Sacramento/Stockton/Modesto, CA – NBC affiliate
KQCA – Sacramento/Stockton/Modesto, CA – MNT affiliate
KOAT – Albuquerque, NM – ABC affiliate
KITV – Honolulu, HI – ABC affiliate
KSBW – Monterey-Salinas, CA – NBC affiliate

RADIO STATIONS
WBAL 1090 – Baltimore, MD
WIYY 97.9 – Baltimore MD
[15]

Sources:

[1] Hearst Television Inc.’s contact information
www.hearsttelevision.com

[2] Company background information
http://www.hearsttelevision.com/our_company/about_Our_Company/index.html

[3] Information on CEO and Chairman, David J. Barrnett
http://www.hearsttelevision.com/david-barret/

[4] Information on President Jordan Wetlieb
http://www.hearsttelevision.com/jordan-wertlieb/

[5] Information on Senior Vice President Frank Biancuzzo
http://www.hearsttelevision.com/frank-biancuzzo/

[6] Information on Senior Vice President Phillip M. Stolz
http://www.hearsttelevision.com/philip-stolz/

[7] Information on the retirement of Phillip M. Stolz
http://www.hearsttelevision.com/in-the-news/newsarticle38.html

[8] Financial Information of Hearst Television Inc.
http://www.hoovers.com/company-information/cs/revenue-financial.Hearst_Television_Inc.cf2c24532230fba9.html

[9] Hearst Television Inc.’s Competitiors
http://www.hoovers.com/company-information/cs/company-profile.Hearst_Television_Inc.cf2c24532230fba9.html

[10] Hearst Television Company Financial Records/ Annual Reports
http://www.hearsttelevision.com/annual-reports/

[11] Hearst Corporation’s deal with NorthShore Productions
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-hearst-northsouth-20121206,0,573723.story

[12] Information on Phillip M. Stolz’s retirement
http://www.hearsttelevision.com/in-the-news/newsarticle38.html

[13] Information on “The Ellen Degeneres Show” being renewed
http://www.latimes.com/entertainment/envelope/cotown/la-nbc-stations-renew-ellen-20130312,0,6555751.story

[14] Information on Hearst Television Inc.’s deal with The Tampa Bay Times
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25044

[15] Station list

http://www.hearsttelevision.com/our_company/our_stations/index.html

Clear Channel Communications

Posted on April 8, 2013 by Sarah Arlotto

by Sarah Arlotto

Clear Channel Communications’ logo- courtesy of clearchannel.com

Company Information

http://www.clearchannel.com

Address: 200 East Basse Road, San Antonio, Texas, 78209

Telephone: (210) 822-2828

A Brief History and Overview

Clear Channel Communications, Inc. was founded in 1972 with the purchase of its first FM radio station in San Antonio, Texas. After expanding throughout Texas, and then globally, Clear Channel has become one of the world’s largest media and entertainment companies. Besides Clear Channel’s Media & Entertainment sector, it also has an outdoor advertising division called Clear Channel Outdoor. Clear Channel Outdoor has over one million displays in over 30 countries. Clear Channel aims to be America’s only radio company that offers local presence with national reach and to develop innovative and dynamic campaigns for advertisers.[1]

Clear Channel Media and Entertainment

With 850 radio stations broadcast to over 150 markets, Clear Channel reaches over 243 million listeners every month and has a greater reach than any other radio or television outlet in the United States. They deliver a variety of content including music, news, talk, sports, and comedy, on a number of platforms such as AM/FM stations, in-vehicle satellite radio, HD radio, and online radio. Clear Channel also offers a digital music service called iHeartRadio. It is free and can be accessed through online internet streaming and through a mobile app. iHeartRadio gives listeners access to over 1,500 live radio stations and the opportunity to create customized stations based on their artist and song and genre preferences. Clear Channel also offers live music events such as their annual iHeartRadio Music Festival.[1]

What Is iHeartRadio? [13]

Key Executives

Bob Pittman [2]

Bob Pittman is Clear Channel Communications’ Chief Executive Officer.[2]

Tom Casey [2]

Tom Casey is Chief Financial Officer and Executive Vice President of Clear Channel Communications.[2]

Wendy Goldberg [2]

Wendy Goldberg serves as Chief Communications Officer and Senior Vice President for Clear Channel Communications. She oversees and executes strategic communications for all of the Clear Channel Brands.[2]

Robert H. Walls, Jr. [2]

Robert H. Walls, Jr. is General Counsel and Executive Vice President of Clear Channel Communications. He oversees the legal and government affairs departments within the company.[2]

John Hogan [2]

John Hogan is the Chairman and Chief Executive Officer of Clear Channel’s Media and Entertainment Division. He oversees the development and organization of Clear Channel’s radio stations.[2]

John Skyes [2]

John Skyes is the President of Entertainment Enterprises for Clear Channel. He helps to develop new business for Clear Channel Communications. He is also on the board of many organizations including Syracuse University’s Newhouse School of Public Communications.[2]

Financials

Clear Channel Communications is a privately traded company. Shares of their parent company, CC Media Holdings, Inc. are traded under the ticker symbol CCMO. Clear Channel Outdoor Holdings, Inc. is traded separately under the ticket symbol CCO.[3]

CCMO’s revenues have been increasing slowly since December 31, 2009. The recorded revenues for December 31, 2012 were $6,246.9 million. Operating expenses have also been on a steady increase. Since December 31, 2009 CCMO has also been experiencing a net loss of income every year. The net income recorded for December 31, 2012 was $424.5 million. This loss of income can be explained by rising operating expenses and only a very small increase in revenues.[4]

In the News

January: On January 7^thClear Channel Media and Entertainment updated their iHeartRadio app. They added a “Perfect For” feature that will allow users to choose a playlist based on their current mood or activity. They have also added an alarm clock and a sleep timer feature to the application, making it so iHeartRadio can be the first thing that listeners hear when they wake up in the morning and the last thing they hear before they fall asleep at night.[5]

Clear Channel’s iHeartRadio app “Perfect For” feature [15]

Clear Channel also announced that iHeartRadio will be made compatible in Chrysler Group and General Motors Company vehicles. The new made-for-driving application will be called “iHeartAuto” and will make it easier and safer for users to listen to their favorite radio stations and artists straight from their car.[6]

February: On February 11^th Clear Channel Media and Entertainment released their findings from recent research study that concluded that by reallocating a small amount of money to radio advertising can help companies increase their brand’s reach. These findings are explained by the notion that radio reaches an audience that is more receptive and open to marketing ideas and suggestions.[7] On February 13^th Clear Channel announced that they have a new partnership with Robbins Entertainment, a music label. As part of the deal, Clear Channel will be sharing all of its radio revenues as well as its digital broadcast revenues with the artists under the Robbins Entertainment label. Clear Channel has closed similar deals over the past few months with other record labels.[8]

March: On March 11^th Clear Channel unveiled an “Add-Ins” feature to their iHeartRadio app. This feature will allow listeners to insert local news, weather, and traffic to their custom stations. This innovation will allow Clear Channel to grow as a national radio provider while still localizing and personalizing their services.[9] On March 15^th Clear Channel announced their partnership with Target to promote Justin Timberlake’s new album: “The 20/20 Experience.” Together, Target and Clear Channel will host an iHeartRadio album release party on March 18^th. 120 lucky winners will be flown to Los Angeles for the event.[10]

“The 20/20 Experience” album release party [16]

On March 28^th Clear Channel announced that their annual iHeartRadio Music Festival will be held at the MGM Grand in Vegas for its third year. Part of the festival includes the Macy’s iHeartRadio “Rising Star Campaign” where 25 new artists compete for a spot in the festival alongside big names in the industry. Clear Channel also puts on a “Road to Vegas” campaign to promote the event, where hundreds of listeners will be awards trips to the concert. The event will take place September 21 and 22, 2013.[11]

Voting page for Macy’s Rising Star Campaign [13]

April: On April 1^st Clear Channel Media and Entertainment announced a partnership with Big Machine Label Group. Together the two companies will release The Band Perry’s second album, called PIONEER. The idea of the campaign is to increase audience awareness through an on-air Artist Integration Program to introduce the new album to listeners. The campaign will also include on-air interviews with the artists and a live performance.[12]