A+E Television Networks

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by Aaron Goldsmith
A+E Television Networks Logo

A+E Networks (1)

A+E Television Networks
235 East 45th Street
New York, NY 10017
(212) 210-1400

Mission Statement:

“At A+E Networks, we are passionate about bringing human stories to life, knowing that it is in life itself that those stories originate. We are committed to empowering our employees, strengthening our partnerships and engaging audiences across the globe.

Life is what you make it. We make it entertaining,” (1).

The Executives:

Abbe Raven, President and Chief Executive Officer, A + E Networks

Abbe Raven, President and Chief Executive Officer, A+E Networks (1)

Nancy Dubac, President, Entertainment and Media, A+E Networks

Nancy Dubac, President, Entertainment and Media, A+E Networks (1)

Robert DeBitetto, President and General Manager, A&E Network and BIO

Robert DeBitetto, President and General Manager, A&E Network and BIO (1)

Melvin Berning, President, Ad Sales

Melvin Berning, President, Ad Sales (1)

About A+E Television Networks:

Beginning in 1984, A+E Television Networks is an “award-winning global media content company,” that serves the consumer base through primarily television networks as well as websites, DVD and Blu-Ray distribution, and education programming and software. With their headquarters based out of New York and offices in London and Singapore, A+E Television Networks prides itself on being a “Global Brand” with channels and branded programming in over 150 countries and 37 different languages, with over 300 million viewers. A+E Networks in divided into 10 different television networks as well as A+E Networks International, A+E Networks Digital, A&E IndieFilms, and A+E Networks Consumer Products (1).

Their Networks and Now:

A&E

A&E (1)

“A&E is Real Life. Drama.” This A+E Networks channel provides top-rated content from reality shows to scripted dramas (1). Current Top Shows: Duck Dynasty, Bates Motel, Storage Wars, The First 48, American Hoggers, and Intervention (4).

What’s Happening Now:

  • April 2, 2013: A&E reports its best quarter in network history due to its high ratings for Bates Motel, Duck Dynasty, and Storage Wars. This past March was the networks highest rated month since in network history (3).
  • March 19, 2013: Bates Motel, A&E’s newest scripted drama, premiered March 18 with a viewership of 3.0 million people making it A&E’s “most-watched original drama series debut among the key 18-49 and 25-54 demos.” The show serves as a prequel to Alfred Hitchcock’s Psycho (3).
  • February 28, 2013: The season three premiere of A&E’s nonfiction series Duck Dynasty on February 27 had a total viewership of 8.6 million. Duck Dynasty is now the network’s #1 telecast in the history of the network and “the #1 nonfiction series on cable in 2013,” (3).
  • January 4, 2013: Pre-production has begun on A&E’s newest reality series, Rodeo Girls. The show reveals the “chic and cutthroat” lives of professional woman rodeo competitors. A&E is working with The Weinstein Company for the eight one-hour episode order (3).
  • January 4, 2013: A&E is to premiere a new real life series, The Governor’s Wife, on February 27 after ordering 12 episodes from Leftfield Pictures. The series shows the life of former Louisiana Governor Edwin Edwards who is 85 years old, his wife Trina who is 34 years old, and the family they have joined together (3).
Lifetime

Lifetime (1)

Lifetime is A+E Television Networks’ premiere network made especially for women. The network features award-winning shows of different genres, targeting different demographics of women, including reality shows, dramas, and comedies (1). Current Top Shows: Army Wives, Dance Moms, Project Runway, Preachers’ Daughters, and The Client List (5).

What’s Happening Now:

  • March 21, 2013: After a judge issued an injunction four days before its premiere, Lifetime won the rights to Romeo Killer: The Chris Porco Story, and premiered it as originally scheduled on March 23  (3).
  • February 21, 2013: Lifetime announced the lineup of March season premieres, including hit shows Army Wives and The Client List, as well as the series premiere of  Preachers’ Daughters (1).
  • January 23, 2013: Lifetime’s world premiere of its original movie, Prosecuting Casey Anthony, had a viewership of 3.3 million people, making it that night’s “number one telecast across ad-supported cable,” (1).
  • January 2, 2013: The series three premiere of Dance Moms reached a series best in ratings with 2.8 million viewers, an increase of 33% from its summer premiere in June 2012 (1).

Movies to be premiered on Lifetime:

HISTORY

HISTORY (1)

A+E Television Networks’ HISTORY channel provides original content, combining entertainment and history to  deliver programming across multiple platforms (1). Current Top Shows: Vikings, Pawn Stars, Swamp People, The Bible, and American Pickers (6).

What’s Happening Now:

    • April 2, 2013: HISTORY had the most total viewers out of all cable networks this past months, and this past quarter was the highest in the network’s history. These are due to the network’s shows’ high ratings including The Bible having 11.4 million viewers for its whole running, and both Vikings and Pawn Stars having 5.0 million viewers (1).
    • March 4, 2013: Vikings, HISTORY’s first scripted series, premiered March 3 with 6.2 million viewers. Its premiere made the show cable’s #1 series launch so far this year (1).
    • March 4, 2013: Averaging out with 14.8 million viewers over two telecasts, HISTORY’s premiere of The Bible was “the #1 cable entertainment telecast of the year,” (1).
H2

H2 (1)

H2 offers a different view of the HISTORY channel, delivering history with more entertainment and “more to explore, more to understand, More 2 History™,” (1). Top Current Shows: Ancient Aliens, America Unearthed, Mankind Decoded, and Modern Marvels (7).

What’s Happening Now:

  • January 25, 2013: A+E Networks’ H2 is premiering Miracle Rising: South Africa on February 17. The film is about South Africa’s politics throughout the years since April 1994, and the story of how the country went from apartheid to a democracy (1).
bio.

bio. (1)

Bio. is all about the truth. With shows like I Killed My BFF, I Survived…, and Celebrity Ghost Stories (9), bio. “delivers an honest portrayal of stories that will leave you amazed,” (1).

What’s Happening Now:

  • April 4, 2013: Bio.’s newest documentary, Citizen Hearst, is planned to premiere on April 23. It is about William Randolph Hearst and the story of the Hearst Corporation, directed by Leslie Iwerks (1).
Crime & Investigation Network

Crime & Investigation Network (1)

Crime & Investigation Network offers viewers with entertainment from behind-the-scenes looks at investigations, crimes, and mysteries (1). Its site features original webisodes, such as “Female Forces” and “Watching the Detectives,” while the television channel plays re-runs of popular dramas including Cold Case Files, SWAT, and The First 48 (8).

 A+E Networks Recent Ratings:

  • Cable’s Top 25 Viewership – Ending March 31, 2013 (3)
    Rank Shows Net Viewers Live + SD (000)
    2 The Bible HIST 11745
    3 Duck Dynasty A&E 8497
    6 Duck Dynasty A&E 5282
    9 Vikings HIST 4741
    14 Swamp People HIST 4557
    16 Duck Dynasty A&E 3909
    21 Duck Dynasty A&E 3470
    24 Duck Dynasty A&E 3404
  • Cable’s Top 25 Viewership – Ending March 24, 2013 (3)
    Rank Shows Net Viewers Live + SD (000)
    2 The Bible HIST 10267
    3 Duck Dynasty A&E 7839
    4 Duck Dynasty A&E 7671
    6 Swamp People HIST 4815
    7 Vikings HIST 4538
  • Cable’s Top 25 Viewership – Ending March 17, 2013 (3)
    Rank Shows Net Viewers Live + SD (000)
    1 The Bible HIST 10872
    3 Duck Dynasty A&E 8285
    4 Duck Dynasty A&E 7943
    6 Pawn Stars HIST 5059
    7 Pawn Stars HIST 5041
    10 Vikings HIST 4834
    15 American Pickers HIST 4352
    16 Swamp People HIST 4196
    17 Duck Dynasty HIST 4156
    25 Duck Dynasty A&E 3648

Sources

  1. “A+E Networks.” A+E Networks. A&E Television Networks, LLC., 2013. Web. 06 Apr. 2013. <http://www.aenetworks.com/>.
  2. “A+E Networks – Brand Identity.” YouTube. YouTube, 22 May 2012. Web. 06 Apr. 2013. <https://www.youtube.com/watch?v=egQzFdDYfXE>.
  3. “TV News.” TVbytheNumbers. N.p., n.d. Web. 06 Apr. 2013. <http://tvbythenumbers.zap2it.com/>.
  4. “A&E TV.” A&E TV. N.p., n.d. Web. 06 Apr. 2013. <http://www.aetv.com/>.
  5. “MyLifetime.com.” Lifetime. N.p., n.d. Web. 06 Apr. 2013. <http://www.mylifetime.com/>.
  6. “History.com.” HISTORY. A+E Television Networks, n.d. Web. 08 Apr. 2013. <http://www.history.com/>.
  7. “About H2 – Historical Television Network from the History Channel.” History.com. A+E Television Networks, n.d. Web. 08 Apr. 2013. <http://www.history.com/h2>.
  8. “Crime & Investigation.” Crime & Investigation. N.p., n.d. Web. 08 Apr. 2013. <http://www.crimeandinvestigationnetwork.com/crime-and-investigation/>.
  9. “Bio.” Bio.com. A+E Networks Television, n.d. Web. 08 Apr. 2013. <http://www.biography.com/>.

Disney/ABC Television

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by Richie Calabro
disney

Courtesy: Disney/ABC

 

Disney/ABC Television Group

500 South Buena Visita Street

Burbank, California 91521

                                                                                                           

Anne Sweeney - President

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

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

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

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

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

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 

Meredith Corporation

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Source: http://www.meredith.com/home.html

Source: http://www.meredith.com/home.html

Headquarters

1716 Locust Street

Des Moines, IA 50309

 

Phone: (515) 284-3000

Website: www.meredith.com

 Key Executives

Stephen M. Lacy – Chairman, President and CEO

Joseph H. Ceryanec – Vice President and Chief Financial Officer

John S. Zieser – Chief Development Officer, General Counsel

Tom Harty – President, Meredith National Media Group

Paul Karpowicz – President, Meredith Local Media Group

Steven M. Cappaert – Corporate Controller

 

Total employees: 3,410 persons

Stockholders: 1,310 persons

Company Profile

Founded in 1902 Meredith Corporation is a media and marketing conglomerate that specializes in content for American female audiences. Meredith oversees the publication of 18 magazine brands including Better Homes and Gardens, More, Fitness, and Family Circle that boast a combined circulation of 30 million [1]. Meredith’s local media division is comprised of 13 broadcast television stations, including network affiliates of CBS, FOX, MyNetworkTV, and NBC, which reach more than 10 million U.S. households [2]. Meredith Video Studios, a television production and distribution company, currently produces The Better Show, an information-talk show that airs in more than 160 markets nationwide [3].

 

Company Financials

Fiscal Year Ends: June 29

Most Recent Quarter: December 31, 2012

In its most recent financial statement, Meredith Corporation (NYSE: MDP) reported strong second quarter earnings as well as positive first half performance for the 2013 fiscal year. In the second quarter (October-December 2012) Meredith reaped $361 million in total company revenues, representing a 10-percent increase. Advertising revenues, climbed 18-percent to $217 million. Earnings per share increased 27-percent to a record high of $0.89, excluding a previously announced special charge of $0.10 per share.

Second quarter gains capped an overall successful first half of the 2013 fiscal year. In the first six months Meredith grossed $715 million in total company revenues, representing a 9-percent increase. Advertising revenues also climbed 15-percent. Earnings per share were $1.44, up 22-percent from fiscal 2012, excluding the special charge. [4]

 

Local Media Group Financials

Meredith’s Local Media Group, comprised of 13 television broadcast stations as well as Meredith Video Studios, accounted largely for the company’s financial gains in fiscal 2013. The second quarter of fiscal 2013 marked the most successful financial period ever for Local Media Group. The Group grossed $45 million in operating profits, representing a 65-percent increase compared to the second quarter of fiscal 2012. The Group’s revenues rose 32-percent to $111 million. [11]

In the first half of fiscal 2013 Local Media Group set a record high of $198 million in revenues, representing a 30-percent increase. The Group earned $72 million in operating profits, marking an astounding 90-percent increase from the 2012 fiscal year. Local Media Group’s digital advertising revenues increased 15-percent. Net political advertising revenues, boasting a record $38 million, bolstered overall advertising revenue increases because of November elections. [4]

Projections for Second Half of Fiscal 2013

Analysts expect Meredith Corporation’s earnings per share to decrease somewhat in the third quarter falling to $0.78 but predict they will rebound in the fourth quarter to $0.84 [5]. Analysts predict Local Media will better than Meredith’s other divisions, indicating that the Group’s operating profits thus far for fiscal 2013 are poised to nearly return to pre-financial crisis levels from fiscal 2007. [6]

Meredith Video Studios

Phone: (212) 499-2212

Current and Upcoming Productions

In January Meredith Video Studios announced The Better Show will be renewed for its seventh season, scheduled to begin airing September 9, 2013. The Better Show is a national syndicated info-talk program that focuses on topics similar to those featured in Meredith’s magazine publications including cooking, health and wellness, decorating, beauty and style, family and relationships, and more. The show aired its 1200th episode at the end of 2012 and continues to attract growing audiences and achieve strong ratings in all of its markets. In December 2012, The Better Show added an additional CBS Television Station, WWJ-TV in Detroit, to its vast array of more than 160 markets nationwide. [7]

Source: http://www.better.tv/

Source: http://www.better.tv/

In March 2013, Meredith announced a partnership with the Hallmark Channel, which will begin airing The Better Show on its daytime-programming block in October 2013. The deal marks the culmination of years of partnership efforts between the two companies, which both specialize in content production for female audiences. The two-year licensing deal with Hallmark will also leverage Meredith’s gains in advertising, marketing and digital revenues. These gains represent Meredith’s efforts to extend its reach in TV and digital platforms as print ad revenue sources decelerate. [8]

Source: http://www.cozitv.com/shows/weekend-originals/Next-Great-Family-Band-198809121.html

Source: http://www.cozitv.com/shows/weekend-originals/Next-Great-Family-Band-198809121.html

In February 2013 Meredith Video Studios premiered a 30-minute reality television series Next Great Family Band on NBCUniversal’s COZI TV, a digital multicast TV network that is available in 38 million homes. The show concept revolves around 15 family music groups in their journeys to become the next Jackson 5, Jonas Brothers, or The Osmonds. [9]

Meredith Video Studios is also working on a show called The Aloha Project for a prime-time slot but has not yet released details on the project. [8]

Local Broadcast TV Stations

Meredith owns 12 local broadcast stations that reach more than 10 million households nationwide. The stations’ websites boast 58 million page views and 5 million unique visitors every month. [10]

CBS Atlanta WGCL 46 (Atlanta, GA)

Peachtree TV WPCH (Atlanta, GA) – owned by Turner Broadcasting, operated by Meredith

FOX 12 Oregon KPTV (Portland, OR)

WFSB Channel 3 (Hartford/New Haven, CT)

KCTV Channel 5 (Kansas City, MO)

FOX Carolina WHNS 21 (Greenville, SC – Asheville, NC)

WNEM Channel 5 (Flint/Saginaw, MI)

CBS 5 KPHO (Phoenix, AZ)

PDX TV KPDX (Portland, OR)

WSMV Channel 4 (Nashville, TN)

My KSMO TV (Kansas City, MO)

FOX 5 Vegas KVVU (Las Vegas, NV)

CBS 3 Springfield WSHM (Springfield/Holyoke, MA)

Inside CBS Atlanta

Source: http://www.cbsatlanta.com/

Source: http://www.cbsatlanta.com/

Recent changes in management at CBS Atlanta (WGCL 46), the control hub for eight of Meredith’s broadcast stations, may suggest upcoming transitions at the news outlet in Atlanta. Lane Michaelson, former news director at WCPO Cincinnati, was named WGCL’s news director in March 2013, replacing Eric Ludgood, who was let go after two years [12]. Trey Fabacher, former general manager at CBS-owned WWJ-WKBD Detroit, was appointed vice president and general manager in September 2012, succeeding Kirk Black, who resigned earlier that year in May [13]. Two members of the news team, anchor Guy Rawlings and meteorologist Justin Lock, left WGCL Atlanta last fall after working at the station for two years [14] [15]. Noting the station’s strong financial gains for the first half of fiscal year 2013, WGCL has demonstrated considerable growth; however, it still ranks around third or fourth in the ratings for the Atlanta market [16].

 

Sources:

  1. http://www.meredith.com/media_portfolio/magazines.html
  2. http://www.meredith.com/media_portfolio/broadcast.html
  3. http://meredith.mediaroom.com/index.php?s=2311&item=136809
  4. http://meredith.mediaroom.com/index.php?s=2311&item=136807
  5. http://topics.nytimes.com/top/news/business/companies/meredith_corporation/index.html
  6. https://www.schwab.wallst.com/RESEARCH/CLIENT/Stocks/Reports/ReportRetrieve?YYY101_z5K6INmijHk1FjmWAV7fGnKqTUMkBf3KrDDwSASw0NBmRKHjgX0yCsfyf4UmSlQA&reportType=SPStockReport&symbol=198517
  7. http://meredith.mediaroom.com/index.php?s=2311&item=136809
  8. http://adage.com.libezproxy2.syr.edu/article/media/hallmark-channel-daytime-lineup/240106/
  9. http://www.broadcastingcable.com/article/491817-Exclusive_Meredith_Cozi_TV_Partner_on_Music_Reality_Show.php
  10.  http://www.meredith.com/media_portfolio/broadcast.html
  11.  http://www.broadcastingcable.com/article/491495-Meredith_Station_Revenue_Up_32_.php
  12.  http://www.broadcastingcable.com/article/492458-Michaelsen_Named_WGCL_News_Director.php
  13.  http://www.broadcastingcable.com/article/489399-Fabacher_Named_WGCL_Atlanta_GM.php
  14.  http://blogs.ajc.com/radio-tv-talk/2012/11/12/where-is-anchor-guy-rawlings-at-cbs-atlanta/
  15.  http://blogs.ajc.com/radio-tv-talk/2012/12/15/justin-lock-leaves-cbs-atlanta/
  16.  http://blogs.ajc.com/radio-tv-talk/2013/01/04/are-big-changes-forthcoming-at-cbs-atlanta-news-director-eric-ludgood-is-out/

Universal Pictures

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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

Radio One

Posted on by 
by Charles Gilbert
radio-one-urban-media-logo

Website: http://www.radio-one.com

1010 Wayne Ave.

Silver Spring, MD  20910

A Brief Overview [1] [2]: 

Radio One is a multi-media company whose content is mainly targeted at the African American and urban based consumer markets. Their primary business focus lies in their radio broadcasting franchise, which owns 55 broadcast stations operating out of 15 major urban markets throughout the United States. However, in more recent years they have expanded outside radio into the television industry with TV One, into online social media platforms with Interactive One, and strengthened their African American-based, urban brand through companies like Reach Media. Radio One claims to successfully reach 82% of the African American demographic with this multimedia approach.

History [1]:

Radio One (originally known as Almic Broadcasting) was founded in 1979 by Catherine and Dewey Hughes.  In 1980, they purchased their first AM radio station, WOL 1450, and strategically re-formatted the then-R&B station into the first African American centric 24-hour talk radio station. In 1987, they acquired their first FM station, WMMJ, and cemented Radio One’s reputation as an essential African American broadcast media outlet. 2004 marked the widening of Radio One’s business spectrum through the establishment of their first television channel, TV One. Later years saw the development of Interactive One, a digital, online platform meant to engage African American and Latino audiences through social media.

-Alfred C. Liggins III [5]

-Alfred C. Liggins III [5]

[4]

-Catherine L. Hughes [4]

Key Executives [3]:

 

  • Linda J. Vilardo– Vice President. Assistant Secretary and Chief Administrative Officer

Company Divisions [1]:

Radio One’s broadcast stations operate out of 15 major urban centers throughout the US, including: Atlanta, Baltimore, Washington DC, Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Detroit, Houston, Indianapolis, Philadelphia, Raleigh-Durham, Richmond, and St. Louis. Station formats range from R&B to Gospel, Inspirational Praise to Talk Radio, and Oldies to Adult Contemporary. [7]

Starting in the early 2000s, along with the founding of the cable television network TV One in 2004, Radio One began investing in media platforms outside of the radio industry.

The TV One cable network currently serves a combination of reality television, original and licensed sitcoms, feature length films, and other entertainment programming appealing to the African American perspective to over 57 million households. TV One’s most popular program is Unsung, a music biography series chronicling the lesser known stories of famous R&B and soul musicians. Other popular shows include R&B Divas, The Rickey Smiley Show  and TV One’s first scripted series Love That Girl: [9]

[10]

 

In 2008, in order to attract the increasing population of online users, Radio One launched Interactive One, the first major online platform targeted specifically at the African American and urban communities. Interactive One is a multi-faceted, multi-platform outlet for social interaction, information, news, and entertainment content for the Black community. Interactive One also has a heavy focus on brand development, which manifests in their niche news, beauty, and lifestyle websites including:  NewsOne, HelloBeautiful and TheUrbanDaily. TrafficSlide_lg[12]

Also under the Interactive One company operates Community Connect, a social networking company, whose minority-aimed, social community sites include BlackPlanet, MiGente and Asian Avenue. All of these attempt to provide a much sought-after online platform for urban markets to connect through, while creating a more accessible, cultivated target for advertisers attempting to effectively reach the urban and African American markets. [1]

Finally, Radio One also owns and operates Reach Media, the home of The Tom Joyner Morning Show, the single largest urban-targeted radio show in the US. The syndicated show draws an audience of over 8 million listeners in more than 105 unique markets, statistically reaching about 1 in 4 African Americans nationwide. Reach Media has also aggregated a substantial online presence, with more than 1.5 million registered users on the Blackamericaweb.com website. [15]

Financials (For 2012) [16]:

  • Revenue: $424,573,000
  • Operating Income: $353,058,000
  • Total Assets: $1,460,770,000
  • Share Price [ROIAK]: $1.74 

Notable Developments:

  • Television One division saw a 6.8% increase in revenues from 2011
  • Core radio revenues up 11%
  • Adjusted EBITDA for Radio Division increased by 33% from 2011

View Official Financial Reports

Recent News:

  • January 3rd, 2013- Television One announced a change for their First Quarter Primetime Programming Lineup. Find Our Missing, a docu-drama produced in association with the Black and Missing Foundation, Inc., featuring Law & Order actress S. Epatha Merkerson, shifted from Wednesday nights at 9 pm to Mondays at 9 pm. The docu-series Unsung premiere was moved to Wednesday the 23rd at 10 pm. The season premiere of Belle’s was shifted to Friday, February 1st at 10 pm. [18]
  • March 11th, 2013- Radio One signed an affiliation agreement with Telemundo which  reformatted the Indianapolis television station WDNI into a Telemundo affiliate. The television channel now carries Telemundo’s complete line-up of Spanish-language programming, including sports, news, entertainment, all of which will fulfill the Hispanic demand for more Spanish-friendly entertainment options in the Indianapolis market. [20]
  • March 25th, 2013- TV One premiered a new docu-drama series titled Deceived. This new series explores through 7 episodes the true stories of the struggle and pain of victims who fall prey to villains posing as a doctor, a con-real estate agent, a sinister husband, a fake police officer, a smooth swindler, a tooling sports agent, and a woman who steals from her church. Deceived is produced by Juma Entertainment. [21]

Future Endeavors: 

  • TV One’s hit series R&B Divas was renewed for a second season. The reality television series began production in early January, and will feature two new artists Angie Stone and LaTocha Scott, in addition to the original cast of Faith Evans, Nicci Gilbert-Daniels, Monifah Carter, Syleena Johnson and Keke Wyatt as they strive to produce a compilation album. The second season is set to premiere on May 1st, 2013.
  • Additionally, TV One plans to capitalize on the success of the original series with a spin-off series, R&B Divas: LA. It will chronicle the lives of five LA-based R&B artists Kelly Price,Chante Moore, Lil’ Mo, Claudette Ortiz, Michel’le and Dawn Robinson, as they work their way through their music careers. The spin-off series is slated to premiere in Q3 2013. The Divas series are produced by ThinkFactory Media. [22]

[23]

  • TV One also has renewed The Rickey Smiley Show, which gained the cable channel its highest network ratings to date with its premiere in Summer 2012. The comedy TV show is losely based on the life of comedian and syndicated radio personality Rickey  Smiley, as he tries to balance his wild professional career and turbulent family life. In the vein of other notable African American comedians such as Eddie Murphy and Tyler Perry, one of Smiley’s comedic staples is the fact that he plays multiple characters such as “Mrs. Bernice Jenkins,” “Joe Willie” and “Beauford.” The 26-episode order will start production with in late April, and is slated to premiere in summer 2013. [24]

 References:

[1] http://www.radio-one.com/about-us/

[2] http://www.fundinguniverse.com/company-histories/radio-one-inc-history/

[3] http://www.radio-one.com/about-us/who-we-are/

[4] http://womeninbusiness.about.com/od/workattireandetiquette/ig/Hairstyles-for-Black-Women/Catherine-L–Hughes.htm

[5] http://interactiveone.com/archives/307

[6]/[7] http://www.radio-one.com/our-properties/radio-one/

[8] http://www.hollywoodreporter.com/news/tv-one-rebrand-life-after-unsung-340294 

[9] http://www.tvoneonline.com/inside-tv-one/about-tv-one.html

[10] http://www.youtube.com/watch?v=nlAi7btLqOc

[11] http://interactiveone.com/archives/135#!prettyPhoto

[12] http://interactiveone.com/about#!prettyPhoto/0/

[14] http://www.radio-one.com/our-properties/reach-media/

[15] http://www.reachmediainc.com/

[16] http://finance.yahoo.com/news/radio-one-inc-reports-fourth-114500346.html

[17] http://ycharts.com/companies/ROIAK/price

[18] http://www.radio-one.com/2013/01/03/tv-one-annouces-changes-to-first-quarter-2013-primetime-lineup/

[19] http://www.blackcelebritygiving.com/2012/10/tv-one-green-lights-acclaimed-docu-series-find-our-missing-for-a-second-season/

[20] http://www.radio-one.com/2013/03/06/radio-one-launches-telemundo-affiliate-in-indianapolis/

[21] http://www.radio-one.com/2013/02/25/tv-one-announces-new-docu-series-deceived-to-premiere-monday-march-25-2013-at-900-pm-et/

[22] http://www.radio-one.com/2013/01/22/tv-one-renews-hit-series-rb-divas-and-announces-new-los-angeles-franchise/

[23] http://www.youtube.com/watch?v=ONmquFjmPl8

[24] http://www.radio-one.com/2013/03/18/tv-one-orders-more-comedy-with-second-season-pick-up-of-hit-sitcom-the-rickey-smiley-show/

[25] http://rickeysmileymorningshow.com/776871/the-rickey-smiley-show-episode-1-video/

Scripps Networks Interactive

Posted on by

 

by Melissa Clawges

thumb

[1]

9721 Sherrill Boulevard

Knoxville, TN 37932

(865) 694-2700

www.scrippsnetworksinteractive.com

[2]

Executives

Ken Lowe CEO

Courtesy of Scripps Networks Interactive [3]

Kenneth W. Lowe – Chairman of the Board, President and Chief Executive Officer

Joe NeCastro, Chief Financial & Administrative Officer, Scripps Networks Interactive

Courtesy of Scripps Networks Interactive [4]

Joseph G. NeCastro – Chief Financial and Administrative Officer

JohnLansingScripps

Courtesy of Scripps Networks Interactive [5]

John F. Lansing – President, Scripps Network

[6]

Company Overview

Scripps Network Interactive is the leader in lifestyle content for a variety of media platforms that include publishing, mobile, digital, and television. Their brands include HGTV, DIY Network, Cooking Channel, Food Network, Great American Country (GAC), and Travel Channel. They have a variety of online content, including video and social media and e-commerce, that acts as a compliment to the on-air programming. Scripps Network Interactive strives to deliver content to the consumer when and wherever the consumer wants it. The lifestyle content that Scripps provides has a series of niche audiences that makes Scripps a desirable company to advertise with. Scripps programming is available and has been viewed on every continent in the world. Also, their websites gets over 18 million visitors each month. Scripps Networks Interactive distributes their content in a variety of ways. They include: Internet, books, satellite radio, video-on-demand, DVDs, magazines, video games, and more recently mobile. They also have a variety of branded merchandise in categories such as kitchenware, food venues, cruises, and festivals. Although they are headquartered in Knoxville, TN, they also have offices in Chicago, Los Angeles, Washington, New York, San Francisco, Atlanta, Nashville, Detroit, Dallas, Cincinnati, and an international office in London. [7]

SN_preferred_pms293

Scripps Networks [8]

History

Scripps Networks Interactive was started in 1878 when Edward W. Scripps founded The Penny Press in Cleveland, Ohio. Scripps quickly became one of the most successful newspaper publishers and began to build its reputation as one of the top operators of local television stations. During the 1980s, Scripps decided to start buying and building cable television systems in order to create revenue that didn’t depend on advertising. Scripps later sold these Cable TV systems to Comcast.

In the 1990s, Scripps decided to direct its free cash flow to invest in entertainment and information content. Then, Scripps purchased Cinetel Productions. This was a creator for cable programming. With this new asset, Scripps announced its launch of HGTV in 1994.

After the success of HGTV, Scripps created various other lifestyle based networks, including Food Network (1997), DIY Network (1999), and Fine Living Network (2002). They also acquired GAC (2004) and Travel Channel (2009).

The E.W. Scripps Company quickly became a visionary media company that had created value for its shareholders. In 2007, the board of directors spilt The E.W. Scripps Company into two publicly-traded companies. Scripps Networks Interactive was created to focus on fast growing television lifestyle brands and Internet services while The E.W. Scripps Company focused on local media businesses.

Today, Scripps Networks Interactive includes its lifestyle anchored networks, interactive businesses, and shopping services that include its easily recognized television and internet brands. Meanwhile, The E.W. Scripps Company is a leader in providing communities through television stations, newspapers, and a variety of digital options. [9]

Competitors

Discovery Communications, Inc.

MTV Networks Company

NBCUniversal Media, LLC

[10]

Finances

Scripps Networks Interactive Class A Common Share stock is currently valued at $65.95. The change for today is +0.68 or 1.04%. Its volume is 850,900 and its 52 week high is $66.41 while its 52 week low is $45.67. [11]

Screen Shot 2013-04-08 at 3.45.40 AM

Stock Quote [12]

financials

Scripps Networks Interactive, Stock Information [13]

Scripps Networks Interactive made a substantial amount more in 2012 than 2011. According to its income statement, Scripps Network Interactive had a net income of $681, 478 in 2012 versus $411,558 in 2011. Their total revenue for 2012 is $2.31 Billion. [14]

Recent News

The Food Network began 2013 by redefining its look. It is celebrating its 20th anniversary by getting a brand makeover that will be featured on the network over the course of the next fews months. [15]

The food service distribution company, Sysco, has launched a marketing relationship with the Food Network. The campaign is slated to last for a year. Sysco will sponsor “Restaurant: Impossible” in return for product integration and TV commercials. They will also hold multiple customer sweepstakes over the course of the next year. [16]

Food Network Star winner, Justin Warner, has a new show ‘Rebel Eats’ on Food Network. The show premiered on March 30th and consists of Justin going out with $300 in his pocket in search for culinary rule breakers. [17]

PAGE-FOOD_JustinWarnerFNS02

Justin Warner, The star of the new Food Network Show ‘Rebel Eats’ [17]

GAC recently filmed an ‘ACM New Artist’ Special. Florida Georgia Line, Brantley Gilbert, Jana Kramer, and Scotty McCreery were all in attendance. Florida Georgia Line, Jana Kramer, and Brantley Gilbert will be competing for the coveted ACM New Artist of the Year Award at this year’s Academy of Country Music Awards. [18]

Page-GAC-ACM-Aritsts-2013-0

Artists featured on the ‘ACM New Artist’ Special [18]

Future

HGTV is currently gearing up for its first ever Smart Home Giveaway. The contest opens for entries on April 11 and will last until May 31, 2013. The house is located in Jacksonville Beach, FL and the winner receives the fully furnished home, a 2013 GMC Terrain Denali, and $100,000. [19]

Great Room of the new HGTV Smart Home.

Great Room of the new HGTV Smart Home. [19]

A new Food Network Series will be premiering Thursday, April 25th. The show has four employees who will endure a series of events to test their management skills. They will be recorded on hidden camera working at one of the busiest pizza places in Manhattan. Whoever wins the show will be awarded their own franchise. Franchises that will be showcased include Jersey Mike’s Subs, 16 Handles, Muscle Maker Grill, and more.[20]

The Travel Channel will be premiering six new shows this summer. There will be over 100 hours of new, original programming. The new shows include, “Rock My RV with Bret Michaels,” “Bikinis & Boardwalks,” and “RIDE-iculous.” “Bizarre Food America,” “Xtreme Waterparks” and “Insane Coaster Wars: World Domination” will also make their return on the Travel Channel this summer. [21]

Page-TRAVEL-BretMichaelsRV0

Bret Michaels, star of new show on Travel Channel [21]

Scripps Networks Interactive plans to continue to be the leading provider of lifestyle-oriented content and also to expand their reach through all media platforms. Scripps will continue to evolve by introducing new television shows and products as the year continues.

Sources

1. Google:

http://adthinktank.com/wp-content/themes/apex/functions/thumb.php?src=http://adthinktank.com/wp-content/uploads/2012/06/adthink_scrippsr.jpg&h=360&w=640&zc=1

2. Yahoo! Finance

http://finance.yahoo.com/q/pr?s=SNI+Profile

3. Google:

http://homeshoppingista.files.wordpress.com/2010/01/exlowe.jpg

4. Google:

http://www.scrippsnetworksinteractive.com/newsroom/Documents/Joe-NeCastro.jpg

5. Google:

http://www.scrippsnetworksinteractive.com/newsroom/Documents/John-Lansing.JPG

6. Scripps Networks Interactive (Leaders):

http://www.scrippsnetworksinteractive.com/our-company/leaders/ 

7. Scripps Networks Interactive (About Us):

http://www.scrippsnetworksinteractive.com/our-company/about-us/

8. Google:

http://journalism.fiu.edu/lib/img/intern/hostcomp_scripps.jpg

9. Scripps Networks Interactive (History):

http://www.scrippsnetworksinteractive.com/our-company/history/

10. Yahoo! Finance (Competitors):

http://finance.yahoo.com/q/co?s=SNI+Competitors

11. Scripps Networks Interactive (Stock Information):

http://ir.scrippsnetworksinteractive.com/phoenix.zhtml?c=222475&p=irol-stockquote

12. Scripps Networks Interactive (Investor Relations):

http://ir.scrippsnetworksinteractive.com/phoenix.zhtml?c=222475&p=irol-irhome

13. Yahoo! Finance SNI Charts

http://finance.yahoo.com/q/bc?s=SNI+Basic+Chart

14. Yahoo! Finance (Income statement):

http://finance.yahoo.com/q/is?s=SNI+Income+Statement&annual

15. Scripps Networks Interactive (Food Network News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Food-Network-begins-new-year-with-new-look/

16. Scripps Networks Interactive (Food Network News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Sysco-launches-multi-platform-marketing-relationship-with-Food-Network/

17. Scripps Networks Interactive (Food Network News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Pages/Food-Network-Star-winner-Justin-Warner’s-‘Rebel-Eats’-premieres-March-30-at-10pm-ET-PT.aspx

18. Scripps Networks Interactive (GAC News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Pages/GAC-has-Florida-Georgia-line,-Brantly-Gilbert,-Jana-Kramer,-Scotty-McCreery-for-‘ACM-New-Artist’-special.aspx

19. Scripps Networks Interactive (HGTV):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/HGTV-Smart-Home-2013-Giveaway-Opens-for-Entries-April-11/

20. Scripps Networks Interactive (Food Network News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Employees-unknowingly-compete-for-own-food-franchise-in-new-Food-Network-series/

21. Scripps Networks Interactive (Travel Channel News & Media):

http://www.scrippsnetworksinteractive.com/newsroom/company-news/Pages/Travel-Channel-heats-up-summer-with-six-hot-new-shows-under-‘We-Are-Summer’-banner.aspx

 

 

 

CBS Corp.

Posted on by 
Marcia Gillespie
CBS_Television_Studios

http://en.memory-alpha.org/wiki/CBS_Television_Studios

CBS Headquarters
51 W. 52nd Street
New York, NY 10019-6188
1-212-975-4321

http://www.cbscorporation.com/

Key Executives: [1]

Sumner M. Redstone: Executive Chairman

Sumner M. Redstone

Picture courtesy of CBS Corporation Website

 

Redstone currently serves as the chairman of both CBS Corporation and Viacom. He became the chairman of Viacom in June of 1987 and became the executive chairman of Viacom in January of 1996. In January of 2006 Viacom separated into tow publicly traded companies. After this split Redstone became the executive chairman in both companies and currently is the controlling shareholder of both companies.

Leslie Moonves: President, Cheif Executive Officer

96386_D0079b.jpg

Picture courtesy of CBS Corporation Website

After serving as the president of Warner Bros. Television, Moonves made the transition to CBS in 1995. After starting shows like “Everybody Loves Raymond” and “CSI: Crime Scene Investigation” Moonves and his team brought CBS out of the bottom of the ratings and was promoted to president and CEO of CBS Television in 1998. Currently Moonves oversees  all of the aspects of the company including all of the television networks in affiliation with CBS.

Anthony G. Ambrosio: Executive Vice President, Human Resources and Administraion

Courtesy of CBS Corporation Webstie

Picture Courtesy of CBS Corporation Webstie

Ambrosio joined the CBS team in March of 1985 and got promoted to his current position in May of 2000. He is in charge of all Human Resources functions for the company.

1264609770

Picture Courtesy of CBS Corporation Webstie

Joseph Ianniello: Executive Vice President and Chief financial Officer

Getting promoted from Deputy Chief Financial Officer in 2008 Ianniello oversees all of the financial operations that happen with the CBS Corporation.

The CBS Company

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

CBS Television Network: [2]

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

Established in 1928, CBS television network has over 200 tv stations and affiliates. Their programming includes CBS entertainment, CBS news and CBS sports. They started when founder william Paley bought 16 independent radio stations. Paley called this new company the Columbia Broadcast System. The CBS Television Netwok ranges from entertainment to news to sports. Today the CBS Television Network has the #1 scripted drama (NCIS), the #1 sitcom (Two and a Half Men), the #1 newsmagazine (60 Minutes), and the #1 daytime drama (The Young and the Restless).

CBS Television Stations: [3]

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

With 29 owned-and-operated stations, CBS Television Stations reach all over the United States. 16 of these stations are part of the CBS Television Network, eight of the stations are affiliates of The CW Network, three are independent stations, and the remaining two stations are MyNetwork TV affiliates.

CBS Television Studios: [4]

Screen shot 2013-04-06 at 2.22.44 PM

Picture courtesy of CBS Corporation Website

As one of the leading suppliers of primetime network programming in the television industry, CBS Television Studios produces the #1 and #2 scripted series, as well as six of the top ten most watched scripted series. The shows have earned them many Emmys over the years.

CBS Entertainment: [5]

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

CBS Entertainment acquires and develops entertainment programming. This includes primetime comedy and dramas, television movies and miniseries, reality shows, theatrical films, children’s programs, games shows, daytime dramas, and late-night programs.

 

CBS News: [6]

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

This devision if focused on news and information. CBS News is a 24 hours a day, seven days a week programming. They have interviews, reporting, investigations, analysis and breaking news to keep their viewer up to date on things happening in their communities and in the world.

CBS Sports: [7]

(Picture courtesy of CBS Corporation Website)

Picture courtesy of CBS Corporation Website

Covering sports year round, CBS sports attracts all sports fans. They broadcast the NFL, college basketball (including the highly watched NCAA Division I Men’s Basketball Championship , golf (including The Masters and PGA Championship), college football, tennis, track and field, auto racing and gymnastics. On the CBS Sports Network has 24 hour sports programing.

 

Finances [8]

2012 Full year Results:                                                                                                Revenue: $14.09 Billion                                                                                                Adjusted OIBDA: $3.49 Billion                                                                                   Operating Income: $2.98 Billion                                                                                  Adjusted diluted earnings per share from continuing operations: $2.55                        Diluted earnings per share from continuing operations: $2.48

CBS revenues increased 3% from $13.64 billion in 2011 to $14.09 billion 2012.

Courtesy of the CBS 2012 Earnings Release

Courtesy of the CBS 2012 Earnings Release

CBS Stock Information:

Courtesy of CBS Corporation Website

Courtesy of CBS Corporation Website

What is Happening Now?

TV Guide Network and TVGuide.com: [9]

It was announced on March 26, 2013 that CBS purchased 50% stake in TV Guide Network and TVGuide.com. The other 50% is owned by Lionsgate. The TV Guide Network is a netwok focused on entertainment that reaches over 80 million homes. Leslie Moonves, the President and Chief Executive Officer of the CBS Corporation is excited for the deal, “Lionsgate, led by my friend Jon Feltheimer, is a forward-thinking content company and a great partner for us here.  We’re excited to bring CBS’s programming and production assets to the venture, and work with Lionsgate to rebrand and grow a channel that will be increasingly valuable to our carriage partners.” CBS plans to capitalize on this purchase by using its content brands and to gain access to the highly distributed basic cable network of the TV Guide Network.

Amazon Prime and CBS Expansion: [10]

It was announced on February 13, 2013 that Amazon.com and CBS Corporation were to expand their content licensing agreement. This new agreement allows Amazon Prime members to watch more CBS and SHOWTIME programming online at no extra charge. This agreement allows series to be streamed on Amazon Prime for the first time. Some shows that are now available to stream through this agreement are America’s Next Top Model, Jericho, Everybody Loves Raymond, Undercover Boss, Medium, Star Trek, and I Love Lucy. 

CBS and Grey Television [11]

On March 19, 2013 CBS announced that they had signed an affiliation agreement with Gray Television. Their hope for this new affiliation agreement is to increase CBS’s servies to their viewers in central Nebraska. They will be adding an over-the-air, on cable and satellite television station, KNPL. They hope to launch the station on Sunday, September 1, 2013.

 

Sources:

[1]: http://www.cbscorporation.com/ourcompany-executives.php?id=67&exec=156

[2]: http://www.cbscorporation.com/portfolio.php?division=93

[3]: http://www.cbscorporation.com/portfolio.php?division=96

[4]: http://www.cbscorporation.com/portfolio.php?division=98

[5]: http://www.cbscorporation.com/portfolio.php?division=94

[6]: http://www.cbscorporation.com/portfolio.php?division=256

[7]: http://www.cbscorporation.com/portfolio.php?division=106

[8]: http://investors.cbscorporation.com/phoenix.zhtml?c=99462&p=quarterlyearnings

[9]: http://www.cbscorporation.com/news-article.php?id=947

[10]: http://www.cbscorporation.com/news-article.php?id=935

[11]: http://www.cbscorporation.com/news-article.php?id=946

Entercom

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Entercom Logo [1]

Jasmine Holloway

Contact: 401 City Ave., Suite 809 Bala Cynwyd, PA 19004

Tel: 610-660-5610 ~ Fax: 610-660-5620

Web: www.entercom.com ~ Twitter: @Entercom

Overview:

Entercom Communications Corporation is one of the largest US radio broadcasting companies. Boasting 121 stations across 23 markets, Entercom is dedicated to providing listeners compelling content through music, news, and talk formats. It is also the official broadcaster for major league sports franchises such as Memphis Grizzlies, Boston Red Sox, New Orleans Saints and Hornets, and more. [2]

The company, led by President and CEO, David Field, relies on its 1,400 full-time and 800 part-time employees for day-to-day operations. [3] Entercom focuses on offering advertisers marketing strategies to reach large targeted audiences. In recent years, Entercom has increased its digital presence and has offered media clients multiple platforms for more successful advertising campaigns.

 

History:

Entercom began in 1968 when Joseph M. Field gave up law to enter the broadcasting business. Convinced in the future of FM radio , Field founded Entertainment Communications Inc. and began with three radio stations in Philadelphia. In 1973, the company entered into what would become one of its most important markets, Seattle. [4]

Joseph Field [5]

Field continued to grow the company slowly until the passing of the prominent Telecommunications Act of 1996. The Telecom Act enabled companies to have as many as eight stations in a single market. Backed by this legislation, Entercom entered into a trade deal with Viacom swapping a NYC station for three Seattle stations and becoming the eighth largest radio broadcasting company. [4]

1999 saw the company going public and receiving about $236 million in its initial public offering. This year also saw the company acquiring Sinclair Broadcasting Group. The deal gave the company an additional 46 stations in nine markets. This made Entercom the fifth largest US radio broadcasting company with 88 stations in 17 markets. [4]

Since then, the company has continued to grow into the 121-station group it is today. Larger markets such as Seattle provide a financial foundation for the company, complemented by smaller markets such as Buffalo. [4] “Entercom generally wants to be the big fish in medium sized markets than a small fish in a major market.” [6]

Key Executives [7]

David Field, Pres. and CEO 

David Field, CEO

Steve Fisher, CFO and Exec. VP of Operations

Weezie Kramer, Station Group President

Andrew Sutor, Sr. VP and General Counsel

Pat Paxton, Sr. VP of Programming

Deborah Kane, Regional Pres.

Michael Doyle, Regional Pres.

 

Financials (NYSE: ETM)

The company’s major revenue source comes from local and national advertising sales. 50% of Entercom’s 2012 net revenues came from 7 of its 23 markets: Boston, Denver, Kansas City, Portland, Sacramento, San Francisco, and Seattle. 2012 net revenues totaled $388.9 million, a 1.6% uptick. Revenues increased primarily from station reformats in 2011, political advertising, and 2012 acquisitions. The company lowered its operating expenses by 4%. [9]

Currently, the earnings per share are 1.0700. Earnings from Q1 2013 will be released May 8, 2013. [10] Click here for full 2012 financial report.

News

April 2013

4/3: Triton Releases February Webcasting Ranks – Entercom #10

Entercom ranks #10 in Triton Digital’s monthly online audio Top 20 ranker. It lists “top performing” Internet stations and networks. [11]

4/1: Entercom Joins Triton Digital’s a2x Platform

a2x [12]

Entercom becomes an early adopter of Triton Digital’s a2x platform. [13] a2x is an “audience-based programmatic buying platform.” Real-time bidding on targeted online and mobile audio ads allow for more effective managing, buying, and selling of third party ads. [14]

 

 

 

March 2013

3/26: Weezie Kramer Named Station Group President

Weezie Kramer [15]

Weezie Kramer is now one of the highest-ranking women in radio with her promotion to the newly created Station Group President. Her responsibilities would include overseeing Regional Presidents Michael Doyle and Deborah Kane and becoming the chair of the company’s operating committee. Abandoning the previous model of three Regional Presidents, the position was created to streamline operations and provide company-wide cohesiveness under a single operational leader.

Weezie is very excited to begin the duties of her role stating, “Having the opportunity to lead this team will be fun.” [16]

3/19: Entercom Dominates BEMAs

Entercom is leading the way with the most nominations for 2013’s Buffalo’s Excellence in Media Awards (BEMAs) which will take place on April 26, 2013. Entercom’s WGR Sports Radio 550 has the most nominations including Radio Station of the Year. WBEN’s Tom Puckett is nominated for Radio Personality of the Year and Sue Sullivan is nominated for Sales Executive of the Year. [17]

3/12: Rick Crandall Named Colorado’s Broadcaster of the Year

KEZW’s program director and host of “The Breakfast Club”, Rick Crandall, was named Broadcaster of the Year by the Colorado Broadcaster Association. Rick’s show is one of the top rated Adult Standards morning shows in the nation. In addition to providing entertainment, Rick has helped to raise $2 million to begin construction of the Colorado Freedom Memorial, which commemorates over 6,000 Colorado soldiers. [18]

3/4: Entercom Wins at Radio Ink Convergence Awards

After 12 of its stations were nominated for Radio Ink Convergence Awards, Entercom’s WKSE/Buffalo takes home Best Website 51+. With the company’s focus on its digital properties in 2013, next year may see the company taking home more awards. [19]

February 2013

Jelli [20]

2/28: Entercom Teams Up With Jelli

Digital radio platform, Jelli partners with Entercom to set up is platform in 104 of the company’s stations across its 23 markets. This would make Jelli available on 175 stations in 50 markets. Currently, Jelli boasts 23.5 million unique weekly listeners and 1.7 billion radio ad impressions. [21]

Jelli’s on-demand streaming service is delivered via a server installed in local broadcast towers. Users vote and decide programming. The platform takes away the need for DJs, infrastructure, ad sales team and royalty issues. [22]

2/27: Entercom PDs Named Best in Country Music

Entercom Portland’s Mike Moore and Seattle’s Mike Preston were ranked #3 and #7, respectively, by Radio Ink Magazine’s top 25 program directors for country music. [23]

2/4: Boston Celtics Radio Broadcasts Now on Multi-Platforms

Celtics fans can now stream free, live audio of game broadcasts via WEEI.com, WEEI Live

Celtics [24]

mobile app, Boston Celtics Mobile App, and the TuneIn App. [25] The move expands the company’s digital reach and appeals to the modern sports fan on the go.

January 2013

1/8: Game Time

Entercom CEO, David Field, sends a company-wide memo to inform employees that 2013 is “game time.” Following 2012, which saw the company make multi-million dollar deals and an unorthodox master royalties agreement with Glassnote and Big Machine Records, Field wanted to assure his employees of another successful year. The memorandum mentions the 30 million Americans who tune in weekly and engage digitally; strengthening existing partnerships; and Nielsen’s $1.26 billion Arbitron buyout which shows a growing future in radio. Field seems optimistic for the year ahead and hopes to keep Entercom leading the technological curve. [26]

 

Resources:

[1] Logo – http://images.wikia.com/logopedia/images/8/8b/Entercom_Communications_logo.png

[2] http://www.entercom.com/about-us

[3] Report – http://www.entercom.com/wp-content/uploads/2012/10/Entercom2012Annual_Report_To-Shareholders.pdf

[4] History – http://www.fundinguniverse.com/company-histories/entercom-communications-corporation-history/

[5] Joseph Field – http://thenowexplosion.com/joseph_field.jpg

[6] History – http://streamingradioguide.com/blogradio/?page_id=1250

[7] [8] Executives – http://www.entercom.com/about-us

[9] Report  – http://www.entercom.com/wp-content/uploads/2012/10/Entercom2012Annual_Report_To-Shareholders.pdf

[10] Bloomberg – http://www.bloomberg.com/quote/ETM:US

[11] All Access – http://www.allaccess.com/net-news/archive/story/117058/triton-digital-february-webcaster-rankers-released?ref=search

[12] a2x- http://sphotos-b.xx.fbcdn.net/hphotos-ash3/c0.0.403.403/p403x403/537337_462494273799541_563623873_n.png

[13] Ent. Close Up – http://search.proquest.com/docview/1321760511

[14] Ad Operations – http://www.adoperationsonline.com/2013/04/02/entercom-communications-brings-leading-stations-to-triton-digitals-a2x-programmatic-buying-platform-for-online-mobile-audio-ads/

[15] Weezie – http://img857.imageshack.us/img857/7845/louisekramer.png

[16] Kramer – http://www.entercom.com/category/company-news

[17] BEMAs – http://www.wben.com/WBEN-s-Tom-Puckett-Up-For-Radio-Personality-of-Yea/15834594

[18] Rick Crandall – http://www.entercom.com/radio/kezw/rick/crandall/colorado

[19] Convergence Awards – http://www.radioink.com/article.asp?id=2624727&spid=24698

[20] Jelli  – http://images.radcity.net/5173/3741424.gif

[21] Jelli/Entercom – http://search.proquest.com/docview/1315784391

[22] Jelli – http://pandodaily.com/2013/02/28/with-23-million-weekly-listeners-digital-radio-platform-jelli-partners-with-entercom-to-supercharge-distribution/

[23] Country  – http://www.radioink.com/Article.asp?id=2622354&spid=24698

[24] Celtics Image – http://www.wggb.com/wp-content/uploads/2012/12/Boston-Celtics.gif

[25] Multi-Platform –  http://www.entercom.com/radio/boston/celtics/nba/mobile

[26] Memo – http://www.radioink.com/Article.asp?id=2602585&spid=24698

Warner Brothers

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The Warner Brothers - Jack, Sam, Harry, and Albert

Warner Brothers Entertainment 

What is Warner Brothers?

 Warner Brothers Entrainment is an entrainment company and global leader in the creation, production, distribution, licensing and marketing of every form of entrainment.  Warner Brothers is the largest global entertainment company today and a subsidiary of Time Warner Cable, located in Burbank, California and New York. Warner Brothers consists of several subsidiary companies such as Warner Brothers Studios, Warner Brothers Pictures, Warner Brothers Interactive Entertainment, Television, Animation, Home Video, New Line Cinema, The WB.com, DC Entertainment, and owns half of the CW Television Network.

Warner Brothers library, which is one of the largest and most impressive in the world, consists of more than 61,000 hours of programming, with 6,500 feature films and 3,000 animated television series. Warner Brothers Entertainment produces material in every field of the entertainment industry- from feature films to television, home entertainment, DVD, animation, product and brand licensing and interactive entertainment.

Moreover, Warner Brothers more specifically obtains different divisions such as Warner Home Video, Warner Digital Distribution, Motion Pictures, Television, and DC Entertainment.

 Warner Brothers Home Entertainment brings together all of Warner Brothers businesses’ and delivers the content to homes of the consumers. Warner Brothers Home Entertainment pays attention to distributing content to consumers through as many channels, platforms, and devices as possible. While consumers witness the entertainment industry move forward in the current digitally transforming age, Warner Brothers Home Entertainment helps to maintain their leading role in the entertainment business.

Since 1997, 277 million DVD players have been sold in the United States, demonstrating the importance of home video and shows how it is such a vital part of the entertainment industry. Warner Brothers Home Video is the largest home entertainment studio, with distribution in 90 international areas. In 2011, Warner Home Video obtained the top market share position in new release, theatrical, TV, DVD, family, and animation, of 21.9%.

Warner Brothers Digital Distribution controls the electronic distribution of Warner Brothers Home Entertainment Group’s content through Video-On-Demand, Pay-Per-View, Video-On-Demand, satellite, and mobile channels.

Warner Brothers Motion Pictures acts as a marketer, producer, and distributer of a vast amount of motion pictures.  Warner Brothers Motion Pictures grossed $4.7 billion at the box office for 11 consecutive years, something that no studio has done, and produce and distribute 18-22 films per year. 

Warner Brothers Television Group is one of the leading providers of network programming and act as one of the leading producers of cable. There are two units of Warner Brothers TV Group-Warner Brothers Domestic Television and Warner Brothers International Television Distribution which both serve television content to television globally. WBTG provides and expands Warner Brothers’ television business through offering primetime, cable and animated TV shows. Moreover, WBTG always offers at least two series on every network. Warner Brothers Television Group is creating new ways to give consumers TV for the expanding TV world. Finally, WBTVG has a broadcasting division: The CW Television Network which targets the 18-34 audiences offering popular shows such as Americas Next Top Model, Gossip Girl, The Vampire Diaries, and 90210.

DC Entertainment was founded in 1934 and integrates content across Warner Brothers and Time Warner.  DC is a comic publisher that publishes comic books, graphic novels, and magazines. DC Entertainment serves, as a creative division in which is not just limited to film, but also television, consumer products, home entertainment, and video games. DC Entertainment founded the most iconic super heroes such as Superman, Batman, Green Lantern, Wonder Woman, and The Flash.

Key Executives

Screen Shot 2013-04-03 at 12.30.14 PM

Barry M. Meyer

Chairman, Warner Bros.

Served nearly 14 years as Studio’s Chairman

Screen Shot 2013-04-03 at 12.30.21 PM

Kevin Tsujihara

Chief Executive Officer, Warner Bros.

“Nineteen-year studio veteran”

 

Screen Shot 2013-04-03 at 12.30.29 PM

Susan Nahley Fleishman

Executive Vice President, Worldwide Corporate Communications and Public Affiars, Warner Bros. Entertainment

Joined Warner Brothers Entertainment in 2005

 

 

 

  Warner Brothers History

Warner Brothers Entertainment began when the four brothers, Albert, Sam, Harry, and Jack incorporated their movie company in 1927. However, in 1903, the brothers traveled as exhibitors with their portable projector. THe first film they showed was Edwin S. Porter’s The Great Train Robbery. By 1908, the Warner Brothers had obtained 200 film titles, were distributing movies, and moved to California to establish a small production studio in Culver City, California.

The Warner Brothers first full-scale picture was My Four Years in Germany, and grossed 1.5 million, which was huge for that day and age. Later on during that year, the innovative and brilliant brothers purchased land at 5842 Sunset Boulevard and the Warner Bros. Studios was brought to the world. However, during this time, Warner Brothers did not obtain company owned theaters and the company had a hard time while competing for major success in Hollywood.

In 1928, the Warner Brothers purchased an essential part of their company- The Stanley Company of America’s theater chain and a studio in Burbank, which still remains their studio today.

In 1955, the Warner Brothers Television company began, having two huge first hits, Cheyenne and Maverick, which started them off successfully. Gaining much profit, The Warner Brothers released films such as Ocean’s Eleven, The Music Man, My Fair Lady, Bonnie and Clyde, and The Wild Bunch. During this year, both Harry Warner and Albert Warner passed away, selling Warner Brothers to Elliot and Ken Hyman.

In 2012, The Warner Brothers Pictures Group had a total gross of 4.3 billion at the global box office and has gone beyond $4 billion globally for four years straight.

What’s Warner Brothers Doing Today? 

Warner Brothers feature films that are in theatres or coming out soon consist of 42, The Incredible Burt Wonderstone, The Great Gatsby, Hangover Part 2, Beautiful Creatures, The Conjuring, The Gangster Squad, and Pacific Rim.  Finally, Time Warner recently announced that Kevin Tsujijara as the new CEO of Warner Brothers, succeeding Mr. Meyer who will still be chairman through 2013.

Warner Brothers Television consists of many popular TV shows on air currently such as The Voice, Extra, and The Ellen Degeneres Show. Recently, Warner Brothers Home Entertainment and DC Entertainment announced the new documentary “Neccesary Evil: Villians of DC Comics”. Moreover, Warner Brothers Pictures announced the start of the production for “Godzilla”.

Contact Warner Brothers

Web:

Adress: 4000 Warner Blvd, Burbank, CA 91522

Phone:

(818) 954-3000

Sources

http://www.warnerbros.com

http://www.yelp.com/biz/warner-brothers-studios-burbank

http://en.wikipedia.org/wiki/Warner_Bros.

http://golosangeles.about.com/od/losangelestours/ss/Warner-Bros_2.htm

Hearst Television, Inc.

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By Val Wasserstein
hearst logo1

[12] Hearst Television, Inc. logo on their homepage

Hearst Television, Inc.
300 West 57th Street
New York, NY 10019-3789
Tel: (212) 887-6800/Fax: (212) 887-6855
www.hearsttelevision.com

Hearst Corporation: Overview 

hearst-corporation-logo2

[13] Hearst Corporation official logo

Hearst Corporation dates all the way back to 1887 when William Randolph Hearst founded the company as an owner of newspapers. Today, the company’s holdings include a wide variety of media such as newspapers, magazines, television stations, cable networks, business publishing, Internet businesses, and real estate. Hearst prides itself on becoming one of the nation’s largest diversified media and information companies. [1]

Hearst Television: Company Overview

Hearst Television, Inc., wholly owned by Hearst Corporation, holds 29 television stations and 2 radio stations across the United States. This broadcasting company was formerly known as Hearst-Argyle Television, Inc. and later changed its name to Hearst Television, Inc. in June 2009. The company was founded in 1994. The television stations are viewed in approxiately 18% of US homes making Hearst Television, Inc. one of the largest US television station groups. Hearst Television Inc. owns 13 ABC affiliated channels, 10 NBC affiliated channels, and 2 CBS affiliated channels. The company is also known for its integration of local broadcast television and the Internet through its partnership with Internet Broadcasting. Hearst Television Inc. is also a leader in the “application of digital broadcast spectrum for new local informational services.” [2]

Picture 2

[14] Affiliates of Hearst Television, Inc.

Hearst Television Inc. employs approximately 3,000 full-time employees and their major competitors include Sinclair Broadcast Group Inc., Raycom Media Inc., and Local TV, LLC. [3]

Hearst Television station group has won a multitude of awards. The company has been given six consecutive Walter Cronkite Awards (presented by University of Southern California’s Annenberg School for Communication) for their excellence in television political journalism. The stations also have receeived awards for excellence in journalism, programming, and community service (e.g. the Peabody, the duPont-Columbia University Journalism Award, the Sigma Delta Chi Award, the Garbiel, the Ad Council Silver Bell, the National Headliner Award, the Edward R. Murrow Award and the Emmy). [4] 

Executives

David J. Barrett-- Chairman & CEO, Hearst Television Inc.

[15] Chairman & CEO, Hearst Television Inc. — David J. Barrett

“The advent of new media platforms is an exciting opportunity for Hearst Television to further advance engagement with local communities. Technology is providing us with new opportunities to reach our viewers, enhance our news-gathering efforts,and provide a broad range of advertising and marketing solutions for our customers.” [5]

 –David J. Barrett, Chairman & CEO, Hearst Television Inc. 

Broadcasting Office
David J. Barrett, Chairman & CEO of Hearst Television, Inc.
Jordan Wertlieb, President of Hearst Television, Inc.
Frank Biancuzzo, Senior Vice President of Hearst Television, Inc.
John J. Drain, Senior Vice President, Finance of Hearst Television, Inc.
Roger Keating, Senior Vice President of Hearst Television, Inc.

Assets

TV 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 [6]

Finances

On June 3, 2009 the Hearst Corporation acquired outstanding shares of Series A Common Stock of Hearst-Argyle that it did not already own. Since August 5, 2009, Hearst Television Inc., once the company merged to be a wholly-owned subsidiary of Hearst, stopped filing and sharing periodic and annual reports to the public making it no longer a SEC reporting company. [7]

In Recent News

On December 6, 2012 Hearst Corporation announced new executive leadership positions. David J. Barrett would be the new chairman and CEO of Hearst Television and Jordan Wertlieb would become president. All changes were effective immediately. [8]

In Hearst Corporation CEO Frank A. Bennack Jr.’s 2012 Annual Review letter, he emphasized how much the year brought on “tremendous growth for Hearst Television’s on-air and digital revenues.” It was reported that eighty percent of Hearst Television Inc.’s newscasts hold first or second place rankings. [9]

home_background

[16] Hearst Television Inc.’s 2012 Annual Review Letter

The election year of 2012 also helped the company with stations in key primary and swing states, redesigned websites and the new Election 2012 app. The app allowed for consumers to access “up-to-the-minute and in-depth election-related national content as well as content from the company’s news stations in 25 markets stretching from Portland, Maine to Honolulu.” [10]

HearstTV-election-iPhone-lg

[17] Election 2012 app for iPhones & smartphones

On April 3, 2013 Hearst Television Inc. announced the renewal of its alliance with PolitiFact, the fact checking website of the Tampa Bay Times. “In one recurring feature of the exclusive partnership, Hearst Television’s Washington, D.C., Bureau produced segments on PolitiFact’s fact-checking about the presidential campaign using the website’s much-discussed ‘Truth-O-Meter‘.” [11] 

twitter-meter

[18] PolitiFact logo

Sources 

[1] Hearst Corporation 

[2] Hearst Television: About Our Company

[3] Hoovers Company Profile: Hearst Television Inc. 

[4] Hearst Television: About Our Company

[5] Hearst Corporation: Hearst Television, Inc. 

[6] Hearst Television Inc.: Our Stations

[7] Hearst Television: Annual Reports 

[8] Hearst Television, Inc. – Press Release

[9] Hearst 2012 Annual Review 

[10] Hearst Television, Inc. – Press Release

[11] Hearst TV and PolitiFact Renew Alliance

[12] Hearst Television Image

[13] Hearst Corporation Image

[14] Hearst Television: About Our Company Image

[15] David J. Barrett Image

[16] Hearst Corporation 2012 Annual Review Image 

[17] Election 2012 App Image

[18] PolitiFact Image