Disney

Link

Emma Lipstone and Susy Solino
The Walt Disney Company Logo

[1]   The Walt Disney Company Logo

 The Walt Disney Company

500 South Buena Vista St.
Burbank, CA 91521

Website: thewaltdisneycompany.com
Phone Number: (818) 560 – 1000

Company

The Walt Disney Company was founded on October 16, 1923 by Walter Elias Disney and is headquartered in Burbank, CA. The Company is one of the biggest media and entertainment corporations in the world. [2]. Walt Disney Studios is home to the four major film studios: Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, and Lucasfilm Ltd. The Walt Disney Company also owns and operates Walt Disney Studios Motion Pictures, Disney Music Group, Disney Theatrical Group, DisneyToon Studios, Touchstone Pictures, and DisneyNature. [3]. 

Disney’s animation studio has produced around fifty-five animated feature films, with the fifty-sixth being Moana that was just recently released. Pixar has produced seventeen films; the most recent being Finding Dory. In 2009, Disney purchased Marvel Studios and has since produced multiple movies based off of Marvel comic book characters including: The Avengers, X-Men, Spider-Manand Guardians of the Galaxy. Most recently in 2012, Disney acquired Lucasfilm Ltd. which is the studio best known for creating the Star Wars and Indiana Jones franchises.

In addition to popular film franchises, Walt Disney Company owns and operates many television channels that produce popular television series’. The biggest subsidiary under Disney Media Networks is ABC, which produces hit network shows such as Scandal and How to Get Away with Murder. [5]. Disney also owns ESPN and operates A&E Networks in a joint venture with Hearst Corporation, along with a portion of Hulu.

 

The Walt Disney Company

[9] Some of The Walt Disney Company Conglomerates

Financials

The Walt Disney Company (NYSE: DIS) stock has been declining in the past few quarters.

According to the earnings report released on November 10, 2016, operating income at Cable Networks decreased $207 million to $1.4 billion for the quarter due to decreases at ESPN and the Disney Channels. [6]. 

ESPN has been losing subscribers to online streaming, such as Netflix or over-the-top streaming services. Also, social media has provided access to a lot of breaking news and sports live broadcasting, luring viewers away from cable television. One of the biggest issues facing ESPN and The Walt Disney Company is that the sports cable network has already paid huge rights fees for the next 5 years, yet subscribers are only paying $8 a month to cover the games, which will not exist in a few years. The increase in programming and production costs were due to The Olympics programming internationally, the World Cup of Hockey rights, and higher contractual rates for college sports. [7]. 

However, the growth at Freeform, which is the old ABC Family, has been very successful this quarter due to lower programming and production costs, as well as a decrease in marketing expenses. These were driven by fewer hours of original scripted programming in the current quarter.

 

Disney Stock

[33] Disney stock prices for last 2 years

Key Executives

Robert A. Iger: Chairman and Chief Executive Officer

[8] Robert A. Iger: Chairman and Chief Executive Officer

[8] Alan N. Braverman: Senior Executive Vice President

Christine M. McCarthy: Senior Executive Vice President and Chief Financial Officer

[8] Christine M. McCarthy: Senior Executive Vice President and Chief Financial Officer

Zenia Mucha: Executive Vice President and Chief Communications Officer

[8] Zenia Mucha: Executive Vice President and Chief Communications Officer

Jayne Parker: Executive Vice President and Chief Human Resources Officer

[8] Jayne Parker: Executive Vice President and Chief Human Resources Officer

Box Office Reports

captain-america-civil-war-poster-2

[12] Movie poster for “Captain America: Civil War” (2016)

2016 was announced as The Walt Disney Company’s most successful International Box Office record to date, reporting over $3.56 Billion through October 16th in just international sales, surpassing their 2015 general record of $3.56 Billion. [10]. This was due to a powerhouse series of releases throughout 2016, beginning with the summer blockbuster Captain America: Civil War which brought in 1.15 Billion worldwide viewers, $745 million Internationally and was named the No. 1 film of the year internationally and globally. [11].

movie_poster_zootopia_866a1bf2

[14] Movie poster for “Zootopia” (2016)

The animated release of Zootopia also helped spike Disney’s international numbers as it was named the biggest animated film to ever be released in China and brought in $682.3 million internationally. Elsewhere in the studio, 2016’s surprise remake of The Jungle Book also experienced a successful release, bringing in $602.3 million internationally as well as the title of “Top Western Film of all Time” in India and the No. 3 film of the year overseas.  [13]. Furthermore, while being in the box office for nearly 16 weeks, Finding Dory managed to break records and pass the billion dollar global box office line by bringing in $484.8 million domestically and $519.9 million internationally, making it Pixar’s second billion dollar release and earning a rank as the 5th biggest animated film of all time, globally. [15]. 

As though breaking international box office records was not enough, Disney also managed to set new industry records for reaching $2 billion domestic (July 16th) and $5 billion global (July 10). As well as earned three new spots in the Hall of Fame for domestic box offices with Finding Dory, Captain America: Civil War, and Zootopia. All of this success comes with still two-and-a-half months and three major releases remaining in their calendar year. [16].

dory_characters_0afa6e45

Dory, the star of “Finding Dory” (2016), now the fifth highest grossing animated film of all time. [17]

 

Recent and Future Releases

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[18] Movie poster for Marvel’s “Doctor Strange” (2016)

Marvel Studio’s Doctor Strange represents another large victory for The Walt Disney Company’s Marvel unit, even on the heels of the overwhelming success of Captain America: Civil War. 

Doctor Strange was projected to collect anywhere from $65 million to $75 million in ticket sales from the United States and Canada through opening weekend, positively surprising analysts and bringing in $85 million and the #1 rank instead. Since its release, Doctor Strange has made over $200 million domestically and over $400 million internationally, crossing $600 million worldwide in under 4 weeks. [19].

Moana, who was scheduled for a holiday release, has surpassed the high expectations set by Doctor Strange, bringing in over $81 million domestically throughout its opening weekend. [20]. 

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[22] Movie poster for “Moana” (2016)

Further down the line, fans eagerly await the release of Star Wars: Rogue One. As well as Disney’s live action remake of Beauty and the Beast and the recently announced remakes of Mulan and Snow WhiteAll of which are predicted to be box-office heavy hitters. [21]. 

[23]. 

Diversity

videothumbnail_elanaofavalor_teaser_02_ce1b790c

[24] Elena of Avalor, Disney’s first Latina princess.

In light of a growing diverse culture and need for representation in the film industry, Disney had begun fighting back against claims of their white-washing tactics and ill representation in their films by allowing more diverse roles in their characters and plots.

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[25] Moana, Disney’s first Polynesian heroine.

This year’s recently released Moana revolves around Tahitian and Pacific Islander culture and will be the first Disney film every to be translated into the Tahitian language. [26]. Furthermore, Disney introduced the world to their first Latina princess earlier in the year with the release of their television series Elena of Avalor, a Disney Channel show revolving around latin customs and characters [27] further proving the Company’s desire to focus on promoting more representation of diversity through their media. In addition to their animated strikes towards representation, Disney has announced their search for Chinese actors to star in the upcoming Mulan remake. [28]. 

jungle-book-to-mulan-all-the-live-action-disney-movies-in-the-works-right-now

[29] Movie poster for Disney’s upcoming live action remake of “Mulan,” featuring a Chinese actress.

Future Integration

In addition to divulging into a more diverse space, Disney has also shown interested in expanding into a more digital and web space with their media. In September 2016, Disney began showing signs of interest for acquiring the social media giant, Twitter Inc., going as far as to work with advisors to put together a potential bid for the company. [30].  While eventually deciding to go against the deal for image reasons, as the social network is known for its reputation of bullying and harassment, the interest in social media gives clear insight that Disney has begun exploring new digital horizons. [31]. Many analysts have taken note of Disney’s interest to expand digitally and predict that the streaming giant, Netflix, might be next on the company’s list of potential assets. [32]. 

Bibliography

  1. Walt Disney Company Logo. Retrieved November 1, 2016. http://logok.org/disney-logo/
  2. Walt Disney History. Retrieved November 1, 2016. https://d23.com/disney-history
  3. The Walt Disney Company. Retrieved November 1, 2016 https://thewaltdisneycompany.com/about/#our-businesses
  4. Box Office Reports. Retrieved October 28, 2016. boxofficemojo.com
  5. Johnson, Madeleine. June 16, 2016. Your Complete Guide to All the Things Owned by Disney. Retrieved November 21, 2016. https://www.zacks.com/stock/news/220682/your-complete-guide-to-all-the-things-owned-by-disney
  6. November 10, 2016. The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2016. Retrieved November 11, 2016. https://ditm-twdc-us.storage.googleapis.com/q4-fy16-earnings.pdf
  7. October 31, 2016. Disney: ESPN Still has a Big Problem. Retrieved November 2, 2016. http://seekingalpha.com/article/4017145-disney-espn-still-big-problem
  8. The Walt Disney Company About. Retrieved November 1, 2016. https://thewaltdisneycompany.com/about/
  9. The Walt Disney Company. Retrieved November 2, 2016. https://storify.com/LA346TeamDisney/the-walt-disney-company
  10. McNary, Dave. October 17, 2016. ‘Captain America: Civil War,’ ‘Finding Dory’ Push Disney to International Box Office Record. Retrieved October 18, 2016. https://variety.com/2016/film/news/captain-america-civil-war-finding-dory-disney-box-office-record-1201891155/
  11. Tartaglione, Nancy. October 17, 2016. Finding Money: Disney Tops Full-Year Intl Box Office Record with $3.56B+ (So Far). Retrieved October 18, 2016. http://deadline.com/2016/10/walt-disney-studios-all-time-international-box-office-record-captain-america-zootopia-1201837655/
  12. Freeman, Molly. November 25, 2016. Captain America: Civil War Character Posters- Superhero Fight Time. Retrieved November 27, 2016. http://screenrant.com/captain-america-3-civil-war-posters-iron-man/
  13. Laughing Place Disney Newsdesk. October 17, 2016. 2016 International Box Office is Disney’s Best Year Ever. Retrieved October 19, 2016.   http://www.laughingplace.com/w/news/2016/10/17/2016-international-box-office-disneys-best-year-ever/
  14. Disney Zootopia. Retrieved November 10, 2016.  http://movies.disney.com/zootopia
  15. October 10, 2016. “Finding Dory” Keeps Swimming to $1 Billion. Retrieved October 20, 2016. https://thewaltdisneycompany.com/finding-dory-keeps-swimming-1-billion/
  16. Derisz, Ricky. October 18, 2016. ‘Captain America: Civil War’ Helps Disney Break its Own $3 Billion International Box Office Record…With More to Come. Retrieved October 19, 2016. http://moviepilot.com/p/captain-america-civil-war-disney-box-office-record/4127909
  17. Disney Movies: Finding Dory. Retrieved November 21, 2016. http://movies.disney.co.uk/finding-dory
  18. CS. April 4, 2016. Doctor Strange Filming Wraps as Mads Mikkelsen’s Villain is Revealed. Retrieved November 15, 2016. http://www.comingsoon.net/movies/news/673101-doctor-strange-filming-wraps-as-mads-mikkelsens-villain-is-revealed#/slide/1
  19. Faughnder, Ryan. November 1, 2016. ‘Doctor Strange’ is Expected to Draw a Massive Audience for Disney’s Marvel Studios. Retrieved November 2, 2016.  http://www.latimes.com/entertainment/envelope/cotown/la-fi-ct-movie-projector-20161031-story.html
  20. The Associated Press. November 27, 2016. ‘Moana’ Wins Box Office with Huge Opening Weekend. Retrieved November 27, 2016. http://www.nydailynews.com/entertainment/movies/moana-wins-box-office-huge-opening-weekend-article-1.2888989
  21. Acuna, Kirsten and Phillips, Ian. October 26, 2016. Disney Announced all its Movies Coming in the Next 4 Years – Here’s What you have to Look Forward to. Retrieved October 28, 2016. http://www.thisisinsider.com/disney-movie-schedule-2016-to-2019-2016-10/#strange-cumberbatch-will-play-a-surgeon-who-injures-his-hands-severely-in-accident-2
  22. Disney Moana. Retrieved November 25, 2016. http://movies.disney.com/moana
  23. May 23, 2016. Beauty and the Beast Official US Teaser Trailer. Retrieved November 15, 2016.  https://www.youtube.com/watch?v=c38r-SAnTWM
  24. Ranere, Dianna. August 12, 2016. Disney’s Elena of Avalor Renewed for 2nd Season #ElenaOfAvalor. Retrieved October 28, 2016. http://www.fsm-media.com/disneys-elena-avalor-renewed/
  25. Lodi, Marie. July 1, 2016. Why People are Upset About this Character’s Weight in Disney’s New Movie “Moana”. Retrieved November 10, 2016. http://hellogiggles.com/moana-maui-people-angry-obese-stereotype/
  26. October 25, 2016. Walt Disney Animation Studios’ “Moana” to be First Film Ever Translated into the Tahitian Language. Retrieved October 26, 2016. https://thewaltdisneycompany.com/moana-first-film-translated-tahitian-language/
  27. Hughes, Ruth. October 16, 2016. Teen Spirit: Meet the new Plucky Disney Princess Elena of Avalor. Retrieved October 17, 2016. http://www.express.co.uk/life-style/life/720813/Disney-Channel-Elena-Of-Avalor-princess
  28.  Biek, Katherine. October 5, 2016. Disney Seeks Chinese Actress for ‘Mulan’ Remake. Retrieved November 20, 2016. http://www.whio.com/news/national/disney-seeks-chinese-actress-for-mulan-remake/fG3AO2Pqefhu4NVlI8ycfI/
  29. Edwards, Ally. October 16, 2016. Jungle Book to Mulan: All the Live Action Disney Movies in The Works Right Now. Retrieved October 17, 2016. http://moviepilot.com/posts/3590427
  30. Roettgers, Janko. September 26, 2016. Disney is Looking into Buying Twitter (Report). Retrieved October 20, 2016. http://variety.com/2016/digital/news/disney-twitter-acquisition-possible-1201870392/
  31. New Statesman. October 18, 2016. Disney Didn’t Buy Twitter- Partly because it Can’t Master the Bare Necessities. Retrieved October 19, 2016.  http://www.newstatesman.com/science-tech/social-media/2016/10/disney-didn-t-buy-twitter-partly-because-it-cant-master-bare
  32. Williams, Trey. October 5, 2016. Netflix Said to be in Disney’s Crosshairs, and Analysts see a Streaming Rationale. Retrieved October 21, 2016. http://www.marketwatch.com/story/disney-remains-center-of-merger-talk-this-time-its-netflix-2016-10-03
  33. The Walt Disney Company (DIS). Retrieved November 20, 2016. https://finance.yahoo.com/quote/DIS?p=DIS

Disney

by JACK ROSE, AUDREY LEW, and BRITTANY ORTIZ
The Walt Disney Company

Disney Logo [1]

Background

Disney is a leading producer, owner, and distributor of media that owns, among many other things, broadcast network ABC; movie studios Pixar, Walt Disney Animation, Marvel, and Lucasfilm; Walt Disney Parks and Resorts that attracted nearly 150 million people in 2015 [2]; and cable sports network ESPN [3]. Between ABC, its affiliates, and ESPN, Disney operates more than 300 channels worldwide, while its movie studios own the rights to The Avengers family and Star Wars [4]. The last Star Wars release became the highest grossing domestic film earlier this year and with another releasing this December, the company’s film division remains strong [5]. However, fluctuating results on the television side have led Disney to invest in new technologies and a desire to expand international reach birthed a new theme park in China, which opened earlier this year.

Corporate Structure

Bob Iger

CEO Bob Iger [1]

Disney’s Chief Executive since 2005, Bob Iger helmed the acquisitions of Pixar, Marvel, and Lucasfilm. Since Iger’s promotion from Chief Operating Officer, Disney’s stock price has risen more than $70 while it’s TV division has come to account for half of the company’s profit [6]. Nearing the end of his career, Iger has repeatedly delayed his retirement and most recently set 2018 as the expiration date for his own tenure. His last task will be selecting his successor, after a recent candidate failed to last as heir.

Disney Organizational Chart

Disney’s Organizational Chart [7]

Beyond Iger, various chairmen run each of Disney’s major compartments and the company’s board of directors is comprised of 11 members. However, it is this organizational chart, distributed by Walt Disney Studios in 1943, that largely explains Disney’s management philosophy [7]. Rather than the typical hierarchy, the chart displays an interlocking web of managers, producers, and creators that are needed to produce a film. This organization is intended to encourage creativity and teamwork by emphasizing collaboration rather than chain of command. Each role supports, instead of merely instructing, another.

Financials

Annual revenue, profit, and net income have increased yearly since at least 2013, as has Disney’s valuation of its assets and balance sheet as whole. Disney’s revenue dwarfs that of most of its competitors in media, exceeded only by Sony and other conglomerates that produce and own as much content as Sony and Disney. Disney’s stock price is similarly higher than most competitors, currently hovering around $100 [8]. The company’s price per share seems to be inextricably linked to the success of ESPN, which is struggling with subscriber losses and adapting to the future (see “Investments in Technology” section below).

Disney Stock

Disney’s Stock Price for last two years [8]

Investments in Technology

mlbam_fb_logo

MLB Advanced Media Logo [11]

Disney’s future focus is in technology as it attempts to revitalize ESPN and stay on the cutting edge of content creation and media. Primarily, in August the company invested $1 billion for a 33% stake in Major League Baseball’s BAMTech, a leading television streaming company. The deal included an option for Disney to take a majority stake in the company down the road. The first collaboration between the two will be BAMTech’s creation of a standalone streaming service for ESPN, which Disney hopes will help ease the network’s subscriber losses and struggling ratings. BAMTech adds 7.5 million paid subscribers across a multitude of streaming platforms to Disney’s already massive user base [9]. The investment in BAMTech isn’t completely black and white, however. Television’s trend toward skinny bundles complicates the relationship between every content producer and cable provider, with Sling, DirecTV, Hulu, and more getting into the live over-the-top business. Disney’s BAMTech investment suggests a possibility that Disney itself could run a direct-to-consumer cable distributor itself [10].

Throughout this year, rumors swirled about the possibility of Disney purchasing Snapchat, Twitter, and/or Netflix, though analysts agree: none of these are likely. Twitter’s struggle to remain profitable and stabilize its stock price creates nonstop purchase rumors, but it seems that Disney doesn’t stand to benefit much from a Twitter acquisition [11]. Snapchat has proved to be a unique outlet for Disney’s content, but doesn’t seem to be a likely purchase for the social media company [12]. Though the investment in BAMTech signifies Disney’s interest in streaming, Netflix doesn’t appear to be a perfect partner, either. Netflix’s dominance in the streaming market has waned as challengers such as Amazon and Apple have stolen subscribers [13].

Box Office

Moana

Star Wars  Moana banner [17]

After the November 23 release of Moana, Disney is nearing $2.5B in total domestic box office gross for 2016 [14]. With the top four grossing films of 2016 thus far (Finding DoryCaptain America: Civil War, The Jungle Book, and Zootopia), the company topped $6B in worldwide box office gross for the first time in its history [15]. This new record will only increase as Moana and Doctor Strange continue to screen and Disney’s final 2016 film releases: the newest film, Rogue One. Beyond the box office, movies like Star Wars, Finding Dory, and Moana provide massive profits in merchandising, both in America and abroad. In 2013, Disney merchandise sales brought in over $40B.

Theme Parks

On June 16, Disney’s fourth international theme park opened in Shanghai, with the tagline “authentically Disney, distinctly Chinese” [16]. The company avoided western branding and symbols by changing street names within the park and by filling the concessions with 70% Chinese food. Traditional Disney characters can be seen wearing traditionally Chinese silk costumes and speaking the native language. The Shanghai Disney Resort seeks to take advantage of the massive potential offered by China and the wider Asian market.

Shanghai Disney

Shanghai Disney Resort [18]

Conclusion

Despite Disney’s losses in television, its massive successes at the box office in 2016 have made up for it. The control of Star Wars, Marveland Pixar promises success in the motion pictures department nearly every year. Further, Disney’s land holdings of theme parks underscore the company’s finances with physical propoerty–while most media conglomerates own intellectual property, Disney holds more tangible assets as well. The company’s investments in technology put it in a good place for the future–its theme parks’ MagicBands have already proven successful. But while the company must hope these investments pay off, it also faces the uncertain future of navigating an evolving marketplace with a new CEO. Iger’s selection of his successor is by far the most important storyline to follow within the massive world of Disney.

Sources

  1. About The Walt Disney Company. Retrieved November 25, 2016. https://thewaltdisneycompany.com/about/
  2. The Data Team. June 16, 2016. The Economist. A New Disney Theme Park Opens in China. Retrieved November 25, 2016. http://www.economist.com/blogs/graphicdetail/2016/06/daily-chart-11
  3. Johnson, Madeleine. June 16, 2016. Zacks. Your Complete Guide to All the Things Owned by Disney. Retrieved November 25, 2016. https://www.zacks.com/stock/news/220682/your-complete-guide-to-all-the-things-owned-by-disney
  4. Carpenter, J. William. October 29, 2015. Investopedia. Top 5 Companies Owned by Disney. Retrieved November 25, 2016. http://www.investopedia.com/articles/markets/102915/top-5-companies-owned-disney.asp
  5. Brevet, Brad. January 7, 2016. Box Office Mojo. ‘Star Wars: The Force Awakens’ Becomes Highest Grossing Domestic Release of All-Time. Retrieved November 25, 2016. http://www.boxofficemojo.com/news/?id=4142&p=.htm
  6. Belloni, Matthew. June 22, 2016. The Hollywood Reporter. In-Depth With Disney CEO Bob Iger on China Growth, ‘Star Wars’ Reshoots and Political Plans: “A Lot of People Have Urged Me to [Run]”. Retrieved November 25, 2016. http://www.hollywoodreporter.com/features/bob-iger-interview-star-wars-905320
  7. Hirasuna, Delphine. August 7, 2009. At Issue Journal. Walt Disney’s Creative Organization Chart. Retrieved November 25, 2016. http://www.atissuejournal.com/2009/08/07/walt-disney%E2%80%99s-creative-organization-chart/
  8. Yahoo! Finance. The Walt Disney Company (DIS). Retrieved November 25, 2016. https://finance.yahoo.com/quote/DIS/financials?p=DIS
  9. Brown, Maury. August 9, 2016. Forbes. Disney Buys $1B Stake In MLB’s BAMTech, To Launch ESPN Streaming Service. Retrieved November 25, 2016. http://www.forbes.com/sites/maurybrown/2016/08/09/disney-co-makes-1-billion-investment-becomes-minority-stakeholder-in-mlbams-bamtech/#1f44b1915972
  10. Markman, Jon. August 23, 2016. Forbes. Disney Streaming Into A Perilous Future. Retrieved November 25, 2016. http://www.forbes.com/sites/jonmarkman/2016/08/23/disney-streaming-into-a-perilous-future/#4f34784210f7
  11. Kafka, Peter. September 26, 2016. Recode. Why Disney won’t buy Twitter. Retrieved November 25, 2016. http://www.recode.net/2016/9/26/13062276/disney-won-t-buy-twitter
  12. Munarriz, Rick. April 9, 2016. The Motley Fool. Disney Isn’t Buying Netflix or Snapchat. Retrieved November 25, 2016. http://www.fool.com/investing/general/2016/04/09/disney-isnt-buying-netflix-or-snapchat.aspx
  13. Cohan, Peter. October 5, 2016. Forbes. Why Walt Disney Should Not Buy Netflix. Retrieved November 25, 2016. http://www.forbes.com/sites/petercohan/2016/10/05/why-walt-disney-should-not-buy-netflix/#710bdc20395d
  14. Box Office Mojo. Studio Market Share. Retrieved November 28, 2016. http://www.boxofficemojo.com/studio/?view2=yearly&view=parent&p=.htm
  15. Tartaglione, Nancy. November 6, 2016. Deadline Hollywood. Disney Crosses $6B At Global Box Office; First Time In Studio’s History. Retrieved November 28, 2016. http://deadline.com/2016/11/disney-crosses-six-billion-dollars-global-box-office-studio-record-doctor-strange-finding-dory-zootopia-captain-america-1201849749/
  16. Gardner, Hannah. June 16, 2016. USA Today. Disney’s new Shanghai park is supersized. Retrieved November 28, 2016. http://www.usatoday.com/story/news/world/2016/06/15/disneys-new-shanghai-park-supersized/85920926/
  17. Disney. Moana. Retrieved November 28, 2016. http://movies.disney.com/moana

Univision

Univision Logo / Source Univision.com [3]

Los Angeles
5999 Center Drive
Los Angeles, CA 90045
(310) 348-3434

New York
605 Third Avenue
New York, NY 10158
(212) 455-5200

Miami
9405 NW 41 Street
Miami Florida 33178
(305) 471-3900

http://www.univision.com/


“Todos estamos con Univision” 

“We are all with Univision” 

ABOUT 

Source: Univision.com

Source: Univision.com [14]

Univision is the leading Spanish-language multimedia company in the United States with a network outreach of 94.1 million households. It’s the fifth largest overall network in the country and consistently outperforms English-language broadcast networks two out of every three nights a week and averages 1.4 million adults in the 18-49 primetime age group. The company is multiplatform and owns several digital properties, like TheFlama.com, Unvision.com, UnivisionDeportes.com and La Fabrica. English-language partnerships include Fusion, which caters to the millennial audience, Flama, an online media platform comparable to Buzzfeed but built for a Hispanic audience, and Tejano filmmaker Robert Rodriguez‘s production company El Rey, based in Austin, Texas. [1]

HISTORY 

Rooted in an independent Spanish language station in San Antonio, Texas, Univision’s start can be traced back to 1955, when Raul Cortez started KCOR-TV on channel 41. After a change in call letters and  less-than-profitable start, Cortez sold KUAL-TV in 1961 to his son-in-law Emilio Nicolas, Sr. and Emilio Azcarraga Vidaurreta, a Mexican entertainment mogul. The two would go on to sign a second Spanish-language station in Los Angeles in 1962 and a third in Paterson, New Jersey in 1968, appealing and expanding to both west and east coast markets. These three stations became the Spanish International Network, the first network of its kind to broadcast in a language that’s not English in the United States. SIN would continue to expand throughout the country in the next 20 years, until 1987, when Nicolas divided and sold his share of the company to Hallmark Cards and Televisa, a Mexican mass media company and the largest media company in the Spanish-speaking world. It was through this negotiation that SIN rebranded and relaunched as Univision Communications Inc. [2]

KEY EXECUTIVES

Randy Falco, President and CEO

 Francisco Lopez-Balboa, Executive Vice President and CFO

Tonia O’Connor Chief Commercial Officer and President of Content Distribution

 


 

 

 

 

Jonathan Schwartz, Executive Vice President, General Counsel & Head of Government Relations, and Secretary

Jessica Rodriguez, Executive Vice President and Chief Marketing Officer

Kevin Conroy, Chief Strategy and Data Officer

All executive photos from same source. [18] 

UNIVISION PURCHASES STAKE IN THE ONION

The logo for Univision and acquired satirical news website The Onion / Source: CNNMoney [15]

On January 19, 2016, Univision announced its purchase of a 40-percent stake in the comedy and satirical media group The Onion. [4] The purchase comes at a time when Univision is looking to further its influence and appeal with millennial audiences, as executives of the company follow the trends of the current growing Hispanic population in the U.S. [5] With the country’s Hispanic population looking to double by 2050, this purchase was a headstart, a method of preparation, for the changing demographics of this country. [6] More Hispanics means more potential viewers and a younger audience as the numbers double. Upon making the decision to purchase a stake in The Onion, Univision felt comedy and satire was an especially powerful way to communicate with millennials, who, if like what both companies produce together, will create a central fanbase that will influence future generations. Largely, though, the company saw The Onion as a complement to Fusion, their news and entertainment faction geared towards young people, and as a method to develop new comedy television programs and Spanish/English comedy and satirical offerings. [7]

FUSION GOES SOLO 

Univision’s Fusion was originally created alongside Disney to reach young Hispanic viewers. / Source: Fusion.net [16]

After a three-year contract agreement, Walt Disney Co.’s ABC sold back their 50% stake in the Univision-ABC joint-venture cable network: Fusion. Launched in 2013, the venture was created to act as a multi-platform resource for young bilingual Latino’s heading into the professional world. In the years since, however, Fusion’s struggled to define its identity and place as a media entity, costing Univision $85.2 million in lost revenue alongside other start-up television network El Rey. Currently, Fusion is only available in 40 million homes across the U.S., a small market number compared to competitors and other networks owned by the company. Similarly, the channel isn’t distributed by both Time Warner Cable and Comcast Corp., limiting potential viewers and detracting larger advertisers. The deal took place on April 21, 2016 and information regarding the terms of the sale have yet to be released. [8]

UNIVISION VS. AT&T

Source: Univision.com [17]

Throughout March 2016 AT&T U-Verse and Univision engaged in a dispute over carriage rates which led to a blackout of Univision-owned locally stations on March 4. U-verse’s 5.6 million subscribers lost access to UniMás, Galavisión and Univision Deportes Network for six days, restoring national services to all households in time for the Univision-sponsored democratic presidential debate. In the dispute, Univision accused AT&T of discriminatory practices by not providing fair and equal compensation comparable to English-only broadcasters. Similarly, company grievances included AT&T refusing to recognize the purpose and importance of Univision and its place and appeal to United States television audiences. Jim Cicconi, AT&T’s Senior Executive Vice President of External and Legislative Affair’s, refuted the allegation, calling them “despicable” and “outrageous.” [9] The two media giants came to an agreement at the end of March and Univision was restored on all local and cable channels. The United States Hispanic Chamber of Commerce commended both AT&T and Univision for reaching an agreement and relaunching services, restating the importance of the network in a press release. [10] 


FINANCIALS

Univision is a privately traded company and has not yet released its 2016 quarterly earnings. However, a trend that should continue, as substantiated by their 2016 fourth quarter earnings, is a gain in subscriber fee and content licensing revenue. If the company continues to follow the trend set in 2015, overall earnings will increase at a minute percentages across all platforms. [11]


THE FUTURE

FUSION MEDIA GROUP 

After Univision’s recent acquisitions of The Onion and Fusion, the company announced the formation of the Fusion Media Group, a “multi-platform destination for the new, rising American mainstream.” The effort is a preparation to serve a rising generation of multiculturals who are rapidly approaching 40% of the total U.S. population. Fusion Media Group Will Include Fusion, The Onion, The Root, Flama, Univision Digital, Univision Music and El Rey. [12] 

LATINO VOTER EFFORT

In February Univision announced an effort to register 3 million Latino voters in time for the 2016 presidential election next fall. The effort, which extends to all of the company’s digital properties, will include engagements created by Fusion and The Root, a website that caters to an African-American audience and cultural issues. This summer, Univision will bring voter drives to the Copa América soccer tournament and run public-service announcements throughout the matches, expected to reach millions of potential viewers. The company looks to expand an online presence and has William Valdes, one of their most popular, and youngest, telenovela stars, is acting as a face of the Latino voter movement. [13]


[1] Univision Network – Univision. (n.d.). Retrieved April 24, 2016, from http://corporate.univision.com/media-property/univision-network/

[2] Univision Communications Inc. History. (n.d.). Retrieved April 24, 2016, from http://www.fundinguniverse.com/company-histories/univision-communications-inc-history/

[3] Univision Unveils a New Brand Logo, Signaling Transformation – Univision. (2012, December 17). Retrieved April 25, 2016, from http://corporate.univision.com/2012/10/univision-unveils-a-new-brand-logo-signaling-transformation/

[4] Steel, E. (2016, January 19). Univision Buys a Stake in The Onion to Reach Millennials. Retrieved April 25, 2016, from http://www.nytimes.com/2016/01/20/business/media/univision-buying-large-stake-in-the-onion.html?_r=0

[5] Baysinger, T. (2016, April 22). How The Onion Is Helping Univision Grow Beyond the Spanish-Language Market. Retrieved April 24, 2016, from http://www.adweek.com/news/television/how-onion-helping-univision-grow-beyond-spanish-language-market-171014

[6] Krogstad, J. M., & Lopez, M. (2015, June 25). Hispanic population reaches record 55 million, but growth has cooled. Retrieved April 25, 2016, from http://www.pewresearch.org/fact-tank/2015/06/25/u-s-hispanic-population-growth-surge-cools/

[7] Folkenflick, D. (2016, January 19). Area Satirical Publication The Onion Sold To Univision (Seriously). Retrieved April 25, 2016, from http://www.npr.org/sections/thetwo-way/2016/01/19/463535648/area-satiric-publication-the-onion-sold-to-univision-seriously

[8] James, M. (2016, April 21). Walt Disney Co.’s ABC sells its Fusion stake to Univision, exits joint venture. Retrieved April 25, 2016, from http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-disney-abc-ends-fusion-univision-20160421-story.html

[9] Lieberman, D. (2016, March 24). Univision Networks Return To AT&T’s U-verse While They “Finalize” Carriage Deal. Retrieved April 25, 2016, from http://deadline.com/2016/03/univision-networks-att-uverse-carriage-deal-1201725920/

[10] USHCC Commends AT&T and Univision for Relaunching Services. (2016, March 29). Retrieved April 25, 2016, from http://www.marketwired.com/press-release/ushcc-commends-at-t-and-univision-for-relaunching-services-2109830.htm

[11] Szalai, G. (2016, February 23). Univision Subscriber Fee Revenue Rises, and So Does Its Q4 Earnings. Retrieved April 25, 2016, from http://www.billboard.com/articles/business/6889307/univision-earnings-fourth-quarter-financials

[12]  Univision PR (2016, April 21). Univision Communications Inc. to Launch Fusion Media Group to Serve the Rising American Mainstream – Univision. Retrieved April 25, 2016, from http://corporate.univision.com/2016/04/univision-communications-inc-to-launch-fusion-media-group-to-serve-the-rising-american-mainstream/

[13] Corasaniti, N. (2016, February 22). Univision Aims to Make Hispanic Voting Bloc Even More Formidable. Retrieved April 25, 2016, from http://www.nytimes.com/2016/02/23/us/politics/univision-hispanic-voting.html

[14] Univision | The #1 place to reach Hispanic America. (n.d.). Retrieved April 25, 2016, from http://corporate.univision.com/

[15] Garcia, A. (2016, January 19). Univision invests in satirical news site The Onion. No joke. Retrieved April 25, 2016, from http://money.cnn.com/2016/01/19/news/companies/univision-invests-the-onion/

[16] Fusion. (n.d.). Retrieved April 25, 2016, from http://fusion.net/

[17] Univision Statement Regarding AT&T U-verse – Univision. (2016). Retrieved April 25, 2016, from http://corporate.univision.com/2016/03/univision-statement-regarding-att-u-verse/

[18] Executive Leadership | Univision. (n.d.). Retrieved April 25, 2016, from http://corporate.univision.com/corporate/executive-leadership/

A&E Television Networks – Max Redinger

Max Redinger
A+E Networks Logo

A+E Television Networks Logo / Source: aframe.com [1]

A+E NETWORKS

235 E 45th St
New York, NY 10017
(212) 210-1400

http://www.aenetworks.com/


 

COMPANY OVERVIEW

“cultivating…the human experience” – A+E

ABOUT

c837dc654d1932339526297dc1e96cf0fcc811b1

A majority of A+E Networks portfolio of over ten original cable channel brands / Source: Hearst.com [4]

Founded in 1984 as The Arts & Entertainment Network, A+E Networks is an award-winning, global media company whose programming reaches more than 330 million homes in 160 markets and 39 languages with its diverse 62 channel feeds. [3] When it began broadcasting on February 1, 1984, the network was seen on 1,500 cable systems with nine million subscribers.[5] Celebrating its tenth anniversary in 1994, the company officially changed its name to A+E and redefined its range of programming. It would focus on three themes: original biographies, mysteries, and specials. [5] [6] The company is a joint venture between Hearst Corporation and Disney-ABC Television Group. The content is distributed through its portfolio of channel brands, History, A&E, Lifetime, LMN, H2, Crime + Investigation, FYI, LRW, BIO, Military History, History en Espanõl and is licensed to third party broadcast television clients. [1] [3] By 1999 the A+E Network reached more than 78 million cable subscribers, while The History Channel was viewed by more than 70 million households in over 50 countries, making it the fastest growing cable network since its launch. [5] As of 2014 A+E Networks is valued at $26 billion. [7] A+E Networks main competitors are Discovery Communications, AMC Networks, and Turner Broadcasting System. [19]

KEY LEADERSHIP

Nancy Dubuc - President and Chief Executive Officer, A+E Networks

Nancy Dubuc – President and Chief Executive Officer, A+E Networks / Source: aenetworks.com [2]

Robert DeBitetto - President, Brand Strategy, Business Development and A+E Studios, A+E Networks

Robert DeBitetto – President, Brand Strategy, Business Development and A+E Studios, A+E Networks / Source: aenetworks.com [2]

- Melvin Berning - President, Chief Revenue Officer

Melvin Berning – President, Chief Revenue Officer / Source: aenetworks.com [2]

 

 

 

 

 

 

- David Granville-Smith - Executive Vice President And Chief Financial Officer, A+E Networks

David Granville-Smith – Executive Vice President And Chief Financial Officer, A+E Networks / Source: aenetworks.com [2]

Michael Feeney - Executive Vice President, Corporate Communications

Michael Feeney – Executive Vice President, Corporate Communications / Source: aenetworks.com [2]

 

 

 

 

 

 

 

 


FALL 2015 COMPANY NEWS

VICELAND JOINT VENTURE

c8e812d4f42a0d4da81cf56bcc59f791

Vice Media LLC logo / Source: adweek.com [10]

A+E Networks will turn its H2 channel into Viceland, a 24-hour cable network programmed by multimedia company Vice Media. [8] Launching in early 2016, Viceland will be distributed in approximately 70 million homes, and will feature hundreds of hours of new lifestyle and documentary programming developed by the youth-centric brand. [9] Oscar-winning writer/director and Vice creative director, Spike Jonze, will oversee all aspects of the new channel’s development. Over a year ago, A+E Networks made a $250 million investment in Vice, bringing its stake in the company to 15%. [11] A+E Networks will handle distribution and technical operations and have put complete trust in Vice, handing over all programming rights. A+E has suffered an audience decline over the last year as ratings from reality TV hits, such as Duck Dynasty, have fallen to moderate numbers. [8] A+E is making smart decisions utilizing Vice to win back and incentivize younger audiences with new original programming. Viceland will launch with a full slate of prime-time shows, including Gaycation (with Ellen Page) and Huang’s World (with Eddie Huang). [10] A+E is committed to expanding H2 internationally, distributing it into over 68 territories, as well as its production of informational-based historical content. [9]

NEW PLATFORM: *ASTERISK

A+E's new digital content brand Asterisk's logo / Source: realscreen.com

A+E’s new digital content brand Asterisk’s logo / Source: realscreen.com

A+E launched new digital brand called Asterisk, a website featuring stories examining contemporary culture through a historical lens. The site is aimed at a younger millennial demo, posting articles that include videos, photos, quizzes and BuzzFeed-esque lists etc. [13] According to A+E, the brand features premium content “created for sharing across the social web,” [14] and also offers marketing partners “native advertising” solutions customizable for specific products. The site analyzes 10 cultural categories: life skills, sports, food and drink, people, ideas, arts and entertainment, work, style, travel and tech. [13]

Check out this fun article exemplifying Asterisk’s take on history comparing Southern Democrats LBJ and Frank Underwood, the devious politician from Netflix’s House of Cards, which reveals the real American president as the bigger badass.

JBJ UNDERWOOD

President LBJ and Spacey’s Francis Underwood battle for the title of most “badass” president on A+E’s new digital platform, Asterisk / Source: theasterisktoday.com

LIBERTY GLOBAL DISTRIBUTION DEAL

Liberty_Global

The communications giant, Liberty Global’s, logo / Source: libertyglobal.com [17]

A+E Networks has signed an extended distribution deal with British-based telecommunications and television company, Liberty Global, for exclusive carriage of its channels across Europe. A+E Networks branded content can now be located on Liberty Global networks in the UK, Ireland, the Netherlands, Belgium, Poland, Romania, Hungary, the Czech Republic and Slovakia. [15] Liberty Global is the largest cable company in the world, with 27 million customers across 14 countries. [16] Lifetime and H2 will be available in the UK and Ireland for the first time. Also under the terms of the new deal, all current A+E Networks UK channels have to remain on their existing Liberty Global platforms, which already reach over 15.5 million subscribers regularly. [15] Ultimately, this deal gives A+E Networks channels and content across all platforms greater access to new subscribers and markets. [16]

CRITICS’ CHOICE AWARDS

criticschoicetopbottom

Critics’ Choice Movie Awards and Critics’ Choice Television Awards respective show logos before combing into one award show / Source: Deadline.com

Beginning next year, A+E Networks will combine the Critics’ Choice Movie Awards and the Critics’ Choice Television Awards into one three-hour event. A+E partnered with the Broadcast Film Critics Association and the Broadcast Television Journalists Association in 2014 to obtain exclusive broadcast rights for the 2015 and 2016 awards. [12] The new show, the 21st Annual Critics’ Choice Awards, will be cast live January 17 on A+E Networks’ A&E, Lifetime and LMN simultaneously. Last year, The Critics’ Choice Movie Awards drew 1.92 million total viewers and the Television Awards, after moving from the CW, drew 522,000 total viewers. Bob Bain Productions and Berlin Entertainment will produce the new show. [12]

COMPANY REORGANIZATION

Over the last few fall months, A+E Networks has experienced significant corporate restructuring, promoting valued executives and ushering in a new president.

jana-bennet-headshot

Jana Bennett / Source: tvbythenumbers.zap2it.com

A+E Networks has promoted Jana Bennett to President and General Manager of History. Bennet joined A+E as President of FYI and LMN in 2013 and will oversee all strategic planning, programming, marketing and brand development for History and sister, H2. Under Bennet’s leadership, FYI and LMN became two of the fastest growing networks in television. FYI experienced a double-digit ratings growth in its first year on air thanks to new series Married at First Sight, Arranged and Seven Year Switch. [24]

Arturo Interian / Source: Variety.com

Arturo Interian / Source: Variety.com [22]

History promoted A+E veteran Arturo Interian to Senior Vice President, Scripted Programming. Interian recently served as Vice President, Original Movies for A+E’s sister network Lifetime, spearheading the Emmy Award nominated miniseries Bonnie & Clyde, and Marilyn. In 2002, Interian joined the company after serving as Director, Movies for Television and Miniseries for CBS. He is currently heading the upcoming series Roots and History’s hit drama series Vikings season four. [20]

Stacy Green / Source: Variety.com

Stacy Green / Source: Variety.com [23]

Stacy Green has been promoted to Executive Vice President, Global Human Resources and Facilities for A+E Networks. After joining A+E in 2013 as Senior Vice President, Human Resources, she modernized A+E Networks’ employee benefits plans and policies. [21] As the new Executive Vice President, Green will place a focus on culture and people to be reflected in the workspaces of employees, throughout all A+E Network divisions. [21]


FINANCIALS

A+E Television Networks is a privately traded company.


LOOKING TO THE FUTURE

A+E’s NEW PROGRAMMING SLATE

Highlights of A+E Networks new slate of original programming across its portfolio

A&E

brand

A+E channel A&E’s logo / Source: aetv.com [25]

  • A&E Networks has slated a six-episode hour-long mystery crime drama series The Frankenstein Chronicles starring Sean Bean (Game of Thrones) premiering next year. [26]

  • On December 8, A&E’s new six episode hour-long original docu-series Born This Way, following a group of seven young adults born with Down syndrome, premieres. [27]

 

HISTORY

The History Channel logo / Source: history.com

The History Channel logo / Source: history.com [29]

  • History will premiere a eight-part docu-drama series in 2016, Barbarians Rising, about the 700-year empire. The series is a global production spanning more than 185 territories. [30]

  • The channel has also ordered 16 episodes of Join or Die with Craig Ferguson, a half-hour comedy show in which host, Craig Ferguson, debates provocative and timely topics with a panel of guests and history experts. [31]

  • History, A&E and Lifetime greenlight the scripted remake series ROOTS, a historical portrait of American slavery spanning multiple generations, to be simulcast for a new generation of viewers in 2016. [32]

LIFETIME

A+E channel Liftime's logo / Source: mylifetime.com

A+E channel Liftime’s logo / Source: mylifetime.com [33]

  • On January 18 Lifetime will premiere the limited series even War & Peace, reimagined for a new generation, starring Paul Dano and Gillian Anderson. [34]

  • Premiering January 5 at 10pm, Pitch Slapped, a new eight hour-long docu-series analyzing the competitive nature of high school a cappella. [35]

 

 

FYI

A+E channel FYI's logo / Source: fyi.tv [36]

A+E channel FYI’s logo / Source: fyi.tv [36]

  • On December 8, FYI will air its new hour-long ten episode original series #BlackLove, which follows five black women from NYC on a journey to find love. [37]

  • Eight one-hour episodes of Khloe Kardashian’s new non-traditional talk show, Cocktails with Khloe, is set to premiere on December 9. [38]

 


 

SOURCES:

 

[1] “A+E Networks Gets Content to Market Around the World Faster with Aframe.” Aframe RSS. N.p., n.d. Web. 29 Nov. 2015.

[2] “Executive Bios | A+E Networks.” Executive Bios | A+E Networks. N.p., n.d. Web. 29 Nov. 2015.

[3] “About | A+E Networks.” About | A+E Networks. N.p., n.d. Web. 28 Nov. 2015.

[4] “A+E Entertainment | Hearst Media.” Hearst.com. N.p., n.d. Web. 30 Nov. 2015.

[5] “A & E Television Networks History.” History of A & E Television Networks – FundingUniverse. N.p., n.d. Web. 29 Nov. 2015.

[6] “A&E Television Networks, Major Television Networks.” Moviestaff. N.p., n.d. Web. 02 Dec. 2015.

[7] “A+E at 30: How a Tiny Network Became a $26 Billion Success Story.” The Hollywood Reporter. N.p., n.d. Web. 02 Dec. 2015.

[8] “Vice Media Gets Channel on A+E Networks.” WSJ. N.p., n.d. Web. 02 Dec. 2015.

[9] “VICE AND A+E NETWORKS ANNOUNCE NEW TV NETWORK VICELAND (WORKING TITLE).” A+E Networks – Life Is Entertaining. A+E Networks – Life Is Entertaining, n.d. Web. 02 Dec. 2015.

[10] “Vice Will Take Over A+E Networks’ H2 Next Year, Rebranding It as Viceland.” AdWeek. AdWeek, n.d. Web. 28 Nov. 2015.

[11] “Vice & A+E Networks To Launch Viceland TV Channel In 2016 That Will Replace H2.” Deadline. Deadline, 03 Nov. 2015. Web. 28 Nov. 2015.

[12] “Critics’ Choice Movie & TV Awards Merge To Become One Show.” Deadline. Deadline, 30 Sept. 2015. Web. 29 Nov. 2015.

[13] “A+E Launches Asterisk Internet-Media Brand with New Spins on History (Exclusive).” Variety. N.p., 13 Apr. 2015. Web. 02 Dec. 2015.

[14] “A+E Networks Launches Digital Brand “Asterisk”.” Realscreen. Realscreen, n.d. Web. 02 Dec. 2015.

[15] “A&E Television Networks, LLC: Private Company Information.” Bloomberg.com. Bloomberg, n.d. Web. 02 Dec. 2015.

[16] “Liberty Global And A+E Networks Expand Pan-European Partnership.” Deadline. Deadline, 02 Nov. 2015. Web. 02 Dec. 2015.

[17] “ANNUALREPORT2014.” Online Annual Report. N.p., n.d. Web. 02 Dec. 2015.

[18] “LBJ Would Wipe the Floor with Frank Underwood.” Asterisk. Asterisk, 10 Apr. 2015. Web. 02 Dec. 2015.

[19] “A&E Television Networks, LLC.” |Company Profile|Vault.com. N.p., n.d. Web. 02 Dec. 2015.

[20] “HISTORY PROMOTES TWO PROGRAMMING EXECUTIVES AND ADDS NEW VICE PRESIDENT OF DEVELOPMENT & PROGRAMMING.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[21] “STACY GREEN ELEVATED TO EXECUTIVE VICE PRESIDENT, GLOBAL HUMAN RESOURCES & FACILITIES A+E NETWORKS.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[22] “Arturo Interian.” Variety. N.p., 10 Sept. 2013. Web. 02 Dec. 2015.

[23] “Stacy Green.” Variety. N.p., 16 Dec. 2013. Web. 02 Dec. 2015.

[24] “A+E Networks Names Jana Bennett President & General Manager of HISTORY.” TV By The Numbers by Zap2itcom. N.p., 18 Sept. 2015. Web. 02 Dec. 2015.

[25] “A&E – Shows, Schedules, Full Episodes & Videos.” Aetv. N.p., n.d. Web. 02 Dec. 2015.

[26] “A&E NETWORK SET TO AIR THE HIGHLY ANTICIPATED ORIGINAL DRAMA SERIES “THE FRANKENSTEIN CHRONICLES” IN THE US.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[27] “A&E NETWORK TO PREMIERE NEW ORIGINAL DOCU-SERIES ‘BORN THIS WAY’ TUESDAY, DECEMBER 8 AT 10:00 PM ET/PT.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[28] “A&E NETWORK PREMIERES SEASON FOUR OF SCRIPTED CRIME DRAMA “UNFORGETTABLE”” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[29] “History.com.” History.com. A&E Television Networks, n.d. Web. 02 Dec. 2015.

[30] “HISTORY® Greenlights Docu-Drama ‘Barbarians Rising’ Revealing the True Stories of Legendary Warriors.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[31] “HISTORY® GREENLIGHTS NEW SERIES ‘JOIN OR DIE WITH CRAIG FERGUSON’.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[32] “HISTORY®, A&E AND LIFETIME GREENLIGHT ROOTS.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[33] “Lifetime TV & Movies, Full Episodes, Games & Sweepstakes.” Lifetime TV & Movies, Full Episodes, Games & Sweepstakes. N.p., n.d. Web. 02 Dec. 2015.

[34] “WAR & PEACE REIMAGINED FOR A NEW GENERATION PREMIERES ON LIFETIME, A&E AND HISTORY JANUARY 18.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[35] “GET READY TO BE PITCH SLAPPED WITH LIFETIME’S NEW A CAPPELLA DOCUSERIES PREMIERING JANUARY 5.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[36] “FYI Network – Shows, Schedules, Full Episodes & Videos.” FYI.tv. N.p., n.d. Web. 02 Dec. 2015.

[37] “FYI’S NEW ORIGINAL SERIES “#BLACKLOVE” PREMIERES TUESDAY, DECEMBER 8 AT 10:15PM ET.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

[38] “FYI™ PREMIERES PRIMETIME TALK SHOW “KOCKTAILS WITH KHLOÉ” WEDNESDAY, DECEMBER 9 AT 10PM ET.” A+E Networks – Life Is Entertaining. N.p., n.d. Web. 02 Dec. 2015.

Sinclair Broadcast Group #1- Stern

Samuel Stern

Sinclair Broadcast Group Inc. Logo (Photo courtesy of blog.solidsignal.com) [1]

Company Background
The Sinclair Broadcast Group Inc. (SBG), is the largest broadcaster of television content in the United States. Sinclair owns and operates the majority of 164 television stations in 79 US markets, and owns the rest through local marketing agreements. The company reaches the largest and smallest US markets and controls the largest number of ABC, CBS, CW, FOX and MYTV affiliates in the country. Sinclair also operates 3 radio stations in the Seattle-Tacoma Market [3].

SBG Network Affiliates (photo courtesy of sbgi.net) [2]

 The Maryland-based broadcaster is the nation’s leading local news provider, has recently begun the distribution of premium college and high-school sports programming, and operates the American Sports Network and the Ring of Honor Wrestling league.  After making making several lucrative deals to acquire stations in new markets, including a re-negotiation with DISH Network, Sinclair now reaches 37.6% of U.S. television households. Recent success has given Sinclair the opportunity to pursue new business ventures and acquire new assets [4].
One Media

ONEMedia logo, one of Sinclair’s most recent technology investments [19]

Sinclair also makes strategic equity investments through its Business Venture subsidiary. The company holds interests in multiple media and technology companies such as Acrodyne Services, ONEMedia, and Dielectric, as well as in real estate properties [5] (Scroll to investments).
 Leadership

David D Smith, President & CEO (Photo courtesy of bizjournals.com) [6]

  • David D. Smith, President & CEO
  • Frederick G Smith, Vice President
  • Dr. J Duncan Smith, Vice President
  • David B. Amy, Executive VP & COO
  • Christopher S. Ripley, CFO

 

 

 

 

For further Bio’s of Sinclair Executives: http://sbgi.net/corporate-governance/

History

Julian Sinclair Smith

Julian Sinclair Smith, Founder (photo courtesy of sbgi.net) [10]

  In 1971, Julian Sinclair Smith started the Chesapeake Television Corporation, which operated one station in Baltimore. That one station would eventually be the cornerstone of the nation’s largest broadcast company. Julian’s sons David, Fred, and Duncan would take over the company, and in the early 1980’s change the name to the Sinclair Broadcast Company, Inc. David D. Smith took over the company as president and CEO. Throughout the 1990’s, the brothers would go on a buying spree of content that allowed Sinclair to dominate the industry, increasing its number of television stations from 3 to 59. They purchased content in markets across the country, large and small. The passage of the Telecommunications Act of 1996 allowed for some deregulation of buying control by the FCC, which allowed the company to make more important station acquisitions. This entrepreneurial attitude and progressive vision is still integrated throughout the company today [9].

Financials

The Sinclair Broadcast Group Inc. went public in 1995 and is currently traded on the NASDAQ Global Select Market at $35.36 per share. The company has just released its Third Quarter Financial Results, revealing that the executives expectations were exceeded over the past year. Compared to the 3rd quarter of 2014, Sinclair realized a massive 10.8% revenue increase of $548.4 million versus $495.0 million the year before. The total yearly revenue increased 17.9% to $1.6 billion, versus $1.36 billion in the prior year period [7].

According to a late September Financial presentation at the Deutsche Bank Leveraged Financial conference, Sinclair reported a large increase in the amount of money the company can use to pursue its current ventures and find opportunities to enhance shareholder value, purchase more assets, and branch out to other revenue streams [8].

 This influx of revenue has allowed Sinclair to work on technological advances to the company, a new initiative it has been following over the last year.

Key Initiatives 

Sinclair has been on a buying spree throughout the past quarter.

The American Sports Network (ASN), Sinclair’s premiere sports division, broadcasts sports from 18 different NCAA athletic conferences [12]. The games are aired over stations that Sinclair owns or are syndicated through non-Sinclair stations. The ASN, launched in 2014, just made two deals in September with ESPN to carry Mid-American Conference football and basketball games, and to broadcast 10 American Athletic Conference Men’s basketball games per year on the large new sports platform [11].

File:American Sports Network Logo.jpg - Wikipedia, the free ...

American Sports Network logo (photo courtesy of wikipedia.com) [15]

Sinclair is being aggressive in order to bolster the progress of the ASN. They are currently negotiating a $500 million deal to buy the Tennis Channel, which operates 90% of Tennis content in the U.S. reaching 35 million homes [13].

On October 31st, the first-ever 24/7 Sci-fi multi-channel network was launched through a joint venture between Sinclair, MGM, and Michael Eisner’s Tornante investment company. The network is called COMET, and was the largest multicast channel release ever, reaching over 60% of the country [16]. The deal notes an effort by Sinclair to own its content due to the fact that it has almost reached the FCC limit for television ownership.

North Logo

COMET logo, Sinclair’s newly owned Sci-fi Network (photo courtesy of comettv.com) [14]

On November 4th, Sinclair closed a deal with Pappas Telecasting and Lincoln Broadcasting in Central Nebraska to purchase a Fox affiliate and multiple ABC affiliated news stations. Sinclair purchased the stations for $31.25 million and the FCC has approved the deal [17]. This is a basic transaction for Sinclair in their pursuit of owning  broadcast platforms in more markets.

 

Projections

Sinclair has taken advantage of its recent success to pursue initiatives that technologically advance the company and continue its dominance over the broadcast industry. One way to increase its footprint in an increasingly digitized world is the ability to broadcast and advertise on mobile platforms and enhance the broadcast experience. ONEMedia is working with all levels of the broadcast industry, from content producers to distributors, to design the “Next Level Broadcast Platform” that integrates mobile devices, creates an Ultra High Definition layout to broadcast, and creates new business models that improve upon the current structure of the industry [18].

Marketron's Logo

Marketron Logo, Sinclair’s newest business partner. (Photo courtesy of contactworld.com). [25]

In late November, Sinclair and the leading media software provider Marketron negotiated a multi-year contract for Sinclair’s stations to use Marketron’s location-based mobile advertising. By studying demographics and utilizing mobile networks, Marketron allows advertisers to maximize accuracy and reach. This is a tactical move for Sinclair as it adds revenue streams by attracting potential advertisers to Sinclair’s growing reach [20].

Sinclair was recently part of a Memorandum of Understanding (MOU) with Pearl TV, a partnership of 9 leading broadcast companies, and Samsung Electronics America, the nation’s leader in television sales for the last 9 years [26]. The MOU will sustain technological advances in the industry and look to develop new ways to broadcast premium content to consumers. The three companies will implement the Advanced Television Systems Committee (ATSC) to overlook and advance the technical standards for broadcasting [21].

Image result for samsung logo

SAMSUNG Electronics Logo (photo courtesy of commons.org). [22]

To more accurately monitor the affect of these technological advancements on consumers, Sinclair signed a new deal with Rentrak, a demographic rating service, on November 11th. Rentrak has already been working with Sinclair on a smaller deal, but will now cover all of Sinclair’s stations. Rentrak will provide Sinclair with accurate qualitative data from large sample sizes that will benefit all of Sinclair’s advertisers [23].

Sinclair is looking to consolidate the growing responsibilities of the company in order to streamline the organization of new assets. On September 10th, Jerry Lilly, a former CNN executive, was named to the new position of Vice President of Operations. He will work closely with the VP of Data Systems and the VP of Engineering to incorporate new workflows into the company and ensure that Sinclair’s TV facilities around the country are equipped with the most up-to-date technology [24].

The buying spree that Sinclair has been on recently has brought it close to the FCC station ownership cap of 39% of TV homes [27]. The company will look to start owning more of its content to create revenue streams, while still upholding its current re-transmisison and affiliate contracts that have put Sinclair at the top of the broadcast industry.

Sources

(photos contain URL)

[1] SBG Logo. http://www.valuewalk.com/wp-content/uploads/2013/09/SBG-Sinclair-Broadcast-Group.jpg 

[2] SBG Network Affiliate Logos. http://sbgi.net/wp-content/themes/sbgi-sparkling/images/affiliates.png

[3] SBG Summary Page.

[4] SBG Company News Release. Sinclair Broadcast Group Announces Agreement to Swap Television Stations With Gray Television,

 [5] SBG Investment Information, http://sbgi.net/ (Scroll to investment information).

[6] David D. Smith Photo. http://assets.bizjournals.com/baltimore/print-edition/David-Smith*750.jpg?v=1. 

[7] SBG Third Quarter Earnings Call (2015),

[8] SBG Financial Report (2015). Deutsche Bank Leveraged Financial Conference Presentation.

[9] SBG History (2015). 

[10] Julian Sinclair Smith Photo (2015). http://sbgi.net/history/1970s/. 

[11] Kuperberg, J. (2015). Sinclair’s American Sports Network to Televise AAC Men’s Basketball Games, Broadcasting & Cable.

[12] American Sports Network Conferences (2015). http://americansportsnet.com/conferences

[13] Cynopsis Media (2015). Sinclair Hits the Market, Cynopsis,

[14] COMET Network Logo (2015). http://comettv.com/

[15] American Sports Network Logo (2015). https://sp.yimg.com/xj/th?id=OIP.Mf26c3227d715a63de7998852578bc82fo0&pid=15.1&P=0&w=300&h=300. 

[16] SBG News Release (2015). SBG and MGM Announce COMET, First-Ever Science Ficiton Multi-Channel Network, to Premiere October 31st.

[17] McAdams, D. D. (2015). Sinclair to Buy Pappas Stations for $31.25 million, TV Technology,

[18] SBG ONEMedia Information (2015). http://sbgi.net/one-media/,

[19] ONEMedia Company Logo (2015). http://www.onemediallc.com/images/logo-main.jpg. 

[20] Lafayette, J. (2015). Sinclair Signs Exclusive Deal with Marketron, Broadcasting & Cable,

[21] SBG News Release (2015). Samsung, Pearl TV and Sinclair Broadcast Group Announce MOU to Speed Development and Implementation of Next-Gen Broadcast UHDTV Standards.

[22] SAMSUNG Electronics Logo (2015), http://bit.ly/1TkZ7f4,

[23] Lafayette, J. (2015). Sinclair Signs New Deal for Data From Rentrak. Broadcasting & Cable. 

[24] SBG Company News Release (2015). Sinclair Names Jerry Lilly To The Newly Created Position Of Vice President Of Operations. 

[25] Marketron Company Logo (2015). https://www.contactcenterworld.com/images/company/marketron-largex3-logo.png

[26] Tendra, J. (2015). Memorandum of Understanding Form. Sample Template.

[27] Halonen, D. (2013). FCC Mulls Hard 39% Cap on TV Ownership. TVNews Check.

Disney/ABC

Screen Shot 2015-11-29 at 9.18.34 PM

Disney|ABC Logo -Source: thewaltdisneycompany.com

Headquarters (8)

500 South Buena Vista Street Burbank, CA 91521-4581

Executives (8)

Ben Sherwood; Co-Chair, Disney Media Networks President, Disney|ABC Television Group Photo from thewaltdisneycompany.com

Ben Sherwood; Co-Chair, Disney Media Networks President, Disney|ABC Television Group
Source: thewaltdisneycompany.com

Bob_Iger

Robert Iger- Chairman and CEO of Walt Disney source: thewaltdisneycompany.com

 

 

 

 

 

 

 

 

 

 

Walt_Disney_1946

Walt Disney – Founder of Walt Disney Company source: thewaltdisneycompany.com

In 1923, Walt Disney and his brother, Roy founded the Walt Disney Company. The company is divided into corporate divisions: Parks and Resorts, Studio Entertainment, Disney Consumer Products, Disney Interactive, and Media Networks. Today, Disney is one  of the largest companies in the world providing entertainment for children, adults, and families.

2012_GeneralTWDCLogo_PressRelease_0

The Walt Disney Company Logo Source: thewaltdisneycompany.com

In 1996, Disney merged with Capital Cities/ABC and created the Disney|ABC Media Network division. It is comprised of 8 owned and operated stations, over 240 national affiliates, 20 cable channels, and equity shares with digital over the top platforms (1).

Finances

Disney Inc. is traded on the New York Stock Exchange Company. Their shares have been high for the past three months with their most recent share price at $114.05 (2). Their average earnings per share at the end of the 2015 fiscal year was $4.90 (4) .

DIS Stock Prices from September 1, 2015 to December 1, 2015. Picture from Market Watch.

DIS Stock Prices from September 1, 2015 to December 1, 2015.
Source:  Market Watch.

Disney’s Media Network’s total revenue, year-end, was $23.264 billion and the total income was $7.793 billion (1).

 

 

 


 

Broadcast

The American Broadcast Company (ABC) is a branch of Disney Media Networks and was founded in 1943 (3). The Disney|ABC Television group is comprised of several businesses including ABC Entertainment Group (ABC Entertainment and ABC Studios), ABC Television Network, ABC News, ABC Family, ABC Owned Television Stations Groups, Disney|ABC Digital Media, and Disney|ABC Domestic Television (a network that airs syndicated programming) (1).

latest

ABC logo. -Source abc.go.com

ABC’s Primetime Fall season has been doing relatively well with high ratings (5). They have primetime programming Sunday to Friday nights and on Saturday, they air football.

ABC 2015 schedule Photo from http://abc.go.com/schedule

ABC 2015 schedule- Source: abc.go.com/schedule

ABC has ten new shows for the 2015-2016 year. Five of the ten shows including Quantico, Blood & Oil, Wicked City, Dr. Ken, and The Muppets have already been premiered. Returning shows include Modern Family, Scandal, Nashville, Shark Tank, Fresh Off The BoatAgents of S.H.I.E.L.D., Once Upon a Time, Jimmy Kimmel Live, and more.

While new shows Quantico, Dr. Ken, and The Muppets are doing quite well and are expected to be renewed for another season (6), Blood & Oil is not doing as well and very close to being canceled and Wicked City’s ratings plummeted quickly at a record low of 1.7 million viewers in their third week, and after their third episode, it was the first show of the season to be canceled.(12).

ABC’s 10:00 pm shows Monday through Wednesday are all doing poorly (9). Castle and Nashville are shows with poor ratings and are said to be in their last seasons are both in the 10:00 pm spot and Wicked City was in that spot as well (10).

Thursday Nights primetime 8:00-10:00 pm continue to have high ratings. Thursday is “Thank God It’s Thursday Shonda Night” with popular ShondaLand shows, Greys Anatomy, Scandal, and How To Get Away With Murder. ShonaLand’s fall season is doing very well with a large following and excitement around the three shows (5).

ABC’s total revenue for the 2015 fiscal year was $6.683 billion coming from renewal of affiliate deals and advertising sales. ABC’s primetime are top spots for ad sales due to their high ratings, especially on Thursdays 8:00-10:00 pm (10). Monday through Wednesday 10:00 pm spots are not as popular, but they still sell enough ad spots (3). ABC is earning more advertising revenue during the holiday season with specials and family favorites (14).


Cable

Disney’s Media Network owns and operates 7 cable networks and has shares in 13. Owning 100% of both Disney Channels and ABC Family, 80% share in ESPN, and 50% in A&E, Disney|ABC runs 20 networks with 1,832 million subscribers total. In the 2015 fiscal year end, Disney|ABC’s cable networks had $16.581 billion in revenues from subscribers and ad sales (1).

250

ABC Family logo Source: abcfamily.go.com

ABC Family recently released their winter premiere dates and have begun creating buzz around the return of popular shows Pretty Little Liars, The Fosters, Baby Daddy, Young & Hungry, along with the series premiere of Shadowhunters and Recovery Road. For the month of December, ABC Family filled their schedule with holiday programming, specials and movies (11).

 

Screen Shot 2015-12-02 at 5.42.05 PM

Disney Channel Logos Source: disneyabcpress.co

Disney Channels include The Disney Channel, Disney Junior, programming for infants and toddlers, DisneyXD, Hungama, in India, and Radio Disney. have kid-friendly programming 24/7 with holiday programming in the month of December with holiday episodes, specials, and family movies (15).

DISNEY|ABC owns 80% of ESPN, a cable network with 7 channels and over 540 million subscribers (1). ESPN is one of the top networks for sports programming available through television, over the top streaming services, and radio broadcasts (16). ESPN has high ratings and does bring in ad revenue (19).

i

ESPN logo Source: espn.go.com

While ESPN provides Disney with 50% of their profit, over the past two years, ESPN has lost 7 million subscribers, which will effect the company (17). As such, ESPN has spent more money on operating and program expenses with hopes to bring in more subscribers and make the experience better for their current customers (18).

 


 

Disney|ABC will continue to work on gaining more cable subscribers through advertisements and programming (18). ABC is promoting their new shows for the winter season premiering in January including The Bachelor, The Catch, The Family, and Of Kings and Profits. Disney Channel recently became available in Canada and will continue to spread into other countries (20). In addition, they are working on future projects for ABC, including a Marvel comedy, Damage Control. Disney predicts their Media Network revenue to grow from their creative original content. (1)

Hopefully ABC will produce a successful show for the 10:00 pm spot and their cable networks gain more subscribers.


Sources

(1) Disney Annual Report. Retrieved December 2, 2015.https://www.thewaltdisneycompany.com/sites/default/files/reports/fy15-form-10k.pdf

(2) Disney Stock Information. Retrieved December 2, 2015. https://www.thewaltdisneycompany.com/investors/disney-stock

(3) Media Networks. Retrieved December 2, 2015 www.thewaltdisneycompany.com/disney-companies/media-networks

(4)  Walt Disney Co. Retrieved December 2, 2015. https://www.marketwatch.com/investing/stock/dis/charts?symb=DIS&countrycode=US&time=6&startdate=1%2F4%2F1999&enddate=12%2F1%2F2015&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013

(5) ABC Renew/Cancel standings, week 10: ‘Quantico’ remains safe for now. Retrieved December 2, 2015. http://tvbythenumbers.zap2it.com/2015/12/01/abc-renewcancel-standings-week-10-quantico-remains-safe-for-now/

(6) ABC Renew/Cancel standings, week 10: ‘Quantico’ remains safe for now. Retrieved December 2, 2015. http://tvbythenumbers.zap2it.com/2015/12/01/abc-renewcancel-standings-week-10-quantico-remains-safe-for-now/

(7) No TV Shows Canceled? Retrieved December 2, 2015. ttp://www.latimes.com/entertainment/tv/la-et-no-canceled-tv-shows-20151105-story.html

(8) Company Overview. Retreived December 2, 2015. http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=13728276

(9) Wicked City Cancellation. Retrieved December 2, 2015. http://www.ibtimes.com/abcs-cursed-tuesday-night-time-slot-wicked-city-cancellation-continues-three-year-2188192

(10) Fox, ABC Dramas Boast Biggest Lifts in C7 as Extended Commercial Ratings Favor the Strong. Retrieved December 2, 2015. http://adage.com/article/media/fox-abc-dramas-boast-biggest-lifts-c7/301137/

(11) ABC Family. Retrieved December 2, 2015. http://abcfamily.go.com

(12) ABC’s ‘Wicked City’ Ratings Are Historically Bad — How Low Can They Go? Retrieved December 2, 2015. https://www.thewrap.com/wicked-city-abc-tv-ratings-nielsen-drama-people-meter-disney-tax-credit/

(13) ABC Renewals. Retrieved December 2, 2015. http://tvbythenumbers.zap2it.com/2015/11/17/abc-renewcancel-standings-week-8-wicked-city-and-the-10-oclock-problem/

(14) Weekly Ratings. Retrieved December 2, 2015. http://tvbythenumbers.zap2it.com/2015/12/01/tv-ratings-monday-nov-30-2015/

(15) What’s On Disney Channel? Retrieved December 2, 2015. http://affiliate.zap2it.com/tvlistings/ZCSGrid.do?fromTimeInMillis=1449475200000&stnNum=12510&channel=&sgt=grid&aid=disn

(16) ESPN. Retrieved December 2, 2015. http://espn.go.com/

(17) ESPN Subscribers Fall. Retrieved December 2, 2015. http://www.cnbc.com/2015/11/27/disneys-espn-subscribers-fall.html

(18) Disney Feels Pain of Lost Subscribers. Retrieved December 2 2015. http://www.bloomberg.com/news/videos/2015-11-30/disney-feels-pain-of-seven-million-lost-espn-subscribers?cmpid=yhoo.headline

(19) Disney Posts Strong Ad Revenue. Retrieved December 2, 2015. http://www.mediapost.com/publications/article/262014/disney-posts-strong-ad-revenues-for-espn-abc.html

(20) Disney Channel in Canada. Retrieved December 2, 2015. http://www.theglobeandmail.com/report-on-business/corus-gains-canadian-rights-to-disney-channel-content/article23983642/

 

A+E Television Networks- Carly Cott

by CARLY COTT
Screen Shot 2015-04-17 at 7.49.14 PM

A+E Network logo image

 

HEADQUARTERS

235 E. 45th Street

New York, NY 1001

www.aenetworks.com

KEY EXECUTIVES

Screen Shot 2015-04-17 at 7.50.26 PM

Headshot of Nancy Dubue. Photo Credit N/A

 

Nancy Dubue

President and Chief Executive Officer, A+E Networks

Screen Shot 2015-04-17 at 7.51.45 PM

Headshot of Robert DeBietto. Photo Credit N/A.

Robert DeBitetto

President, Brand Strategy, Business Development and A+E Studios, A+E Networks

ABOUT

With it’s beginning in 1984, A+E Networks has blossomed from a collaboration between The Hearst Corporation and The Walt Disney Company, into an international media company with 11 channels and six original brands. A+E stands for “Arts and Entertainment” and reaches nearly 160 markets worldwide, communicating to a wide array of over 60 different languages. A+E incorporates ten channels, A&E, Lifetime, Lifetime Movie Network, History, FYI, Crime and Investigation, History (Spanish), and Lifetime Real Women. Dance Moms on Lifetime, and Duck Dynasty on A&E together are two of A+E Networks top shows, as well as most watched shows.

Screen Shot 2015-04-17 at 6.12.22 PM

HISTORY

In 1984, on February 1, the Arts and Entertainment Network, now more commonly known as A+E network, was formed and began broadcasting. A show called, “Biography” is then introduced the network in 1987, as a once-a-week-prime-time series. It was not until 1990 that A+E began commissioning episodes of “Biography”. Three years later, in 1993 the Rockefeller Group decided to sell its total interest in A+E to Hearst Corporation, ABC, and NBC. The official name change from Arts and Entertainment to A+E, was made in 1995, when “Biography” became a five nights a week screened show. The History channel and Biography Chanel International were then launched in November of 1998.

When the network began broadcasting on February 1, 1984, the network hit 1,500-cable systems with nine million subscribers. The British Broadcasting Corporation (BBC), give the network a range of rights to British programming. In just the first year, over 60 percent of A+E’s programming came from the BBC. Excitingly, the network turned its first profit in 1987, and within the year had revenues surpassing $50 million. Cable subscribers upped to a whopping 37 million, and between 1987 and 1997, the networks average growth stunted at 30 percent per year in profits and revenues.

By 2001, the History channel hit a 70 million-subscriber mark, making it the fastest growing cable network since its launch. Following, in 2009 A+E Networks combined with Lifetime Entertainment. This year, the company celebrated 30 years, and is thought to be worth around $26 billion.

Screen Shot 2015-04-17 at 8.16.56 PM

FINANCIALS

A+E is a privately owned company, so there were no public financials to be found.

COMPANY NEWS

On March 17th it was announced after 11 years working for A+E, Neil A. Cohen is leaving the network to join UTA as an Alternative TV department agent. Cohen will now be based in the New York and work with talent in cable and network. He worked at A+E as the Senior Vice President of Talent and Production, giving him what Brett Hansen noted as, “an unbeatable combination”.

Screen Shot 2015-04-17 at 8.18.17 PM

Elaine Frontain Bryant and Paul Cabana. Photo courtesy of A+E Networks.

 

On March 18th, it was announced that A+E had promoted their two senior programming executives after the departure of previously mentioned David McKillop. Elaine Bryant who worked as Senior Vice President of Programming moved into her position as Executive Vice President and head of programming for the A&E Network. Paul Cabana also got to Executive Vice President and head of programming for History and H2. He had previously been posted as the Senior Vice President and head of programming for H2. Bryant reports to Rob Sharenow, and Cabana reports to Dirk Hoogstra. Hoogstra and Sharenow noted both executives as being, “vital to the success of A+E Networks”.

Screen Shot 2015-04-17 at 8.20.33 PM

Liz Gately. Photo Credit N/A

 

Liz Gateley is returning to the executive ranks and to Lifetime. Gateley has been named Executive Vice President and Head of Programming for the network. She from now on will be the head honcho in charge of movies, scripts, and unscripted series development. Lifetime has had an absent spot for head of programming since JoAnn Alfano. At the time, Lifetime was put under the watchful eye of A+E Networks’ own Nancy Dubuc.

HIGHLIGHTS/LOWLIGHT OF SPRING 2015

Spring 2015 was maybe not as exciting as Fall 2014, but had some action. Weather it was the launch of the new history website x, the collaboration and production of a new production and distribution company, or the return of a hit series, A+E Network continues to moves in a forward and upward motion into the Summer months

April 13th, it was announced that A+E Network is launching an “Asterisk Internet Media Brand” with new spins on history, trying to spice things up a bit. So what’s the point of it all? A+E says the point is to, make history worldwide seem “less like homework”. The website, “Asterisk” features stories looking deep into contemporary culture and entertainment throughout the span of history. The site is aimed at the millennial generation, and includes mass amounts of visual stimulation, videos, photos, etc. As of the launch, the site does not have any marketing partners, but A+E says those deals are in the works. The site is split into 10 different categories including, life skills, sports, people, food and drink, ideas, arts and entertainment, work, style, travel, and tech. Evan Silverman, Senior Vice President of Digital Media for A+E Networks, says “People tend to think about history as Abraham Lincoln, but we can provide context to contemporary people, trends or places”. Silverman hopes to give viewers a daily dose of history in a new and innovative way, making it user friendly, and relevant to today’s culture.

On March 20th, it was announced that Howard T. Owens, former National Geographic Channel president, is going back to independent TV production. The launch of a new production and distribution company, “Propagate Content”, will be run by Owens and partner David McKillop. McKillop has worked as Senior Vice President of Development and Programming at History, then as Executive Vice President of Programming for A&E, eventually moving on to work as Executive Vice President and General Manager for A&E channel. A+E Network is an equity partner for the new company, “Propogate Content”.

It was announced on January 9th the hit series “Mountain Men” was retuning for a fourth season. The show follows six men whoa re living far from civilization, using survival skills, hunting skills, and skillful cunning efforts to stay alive, clothed, and fed. The men face chaos in the unpredictable series that prepares them for the unpredictable.

SOURCES

(1) http://www.fundinguniverse.com/company-histories/a-e-television-networks-history/

(2) http://deadline.com/2015/03/neil-cohen-joins-uta-ae-networks-executive-1201394219/

(3) http://deadline.com/2015/03/howard-t-owens-david-mckillop-production-company-ae-networks-propagare-1201401158/

(4) http://www.aenetworks.com/article/mountain-men-returns-history-spring-2015

(5) http://variety.com/2015/digital/news/ae-launches-asterisk-internet-media-brand-with-new-spins-on-history-exclusive-1201470981/

(6) http://www.hollywoodreporter.com/news/a-e-at-30-how-690921

(7) http://www.aetv.com

(8) http://www.aenetworks.com/article/ae-studios-announces-first-look-development-deal-feature-film-and-television-producer-rachel

(9) http://www.aenetworks.com/article/ae-network-premieres-new-series-neighbors-benefits-sunday-march-22-10-pm-etpt

(10  )http://www.aenetworks.com/news

Disney/ABC– (TV broadcast & cable properties only)

 

Disney/ABC Television Group Logo

[1] Disney/ABC Television Group Logo

by Alex Alomar

 ABOUT DISNEY/ABC TELEVISION GROUP

Disney/ABC Television Group, through its many businesses is involved in the production and distribution of entertainment and news to the public. It is a premier entertainment media company. Disney/ABC regulates all of The Walt Disney television properties. [2] This includes properties such as ABC Television Network, ABC Entertainment Group, Disney Channels Worldwide, ABC Family, ABC News and more. [3]

Television Properties

ABC Family Logo

[4] ABC Family Logo

Disney/ABC Television provides the world with a diverse composition of entertainment. One of its properties is ABC Family., which is one of the cable’s top 10 networks. [6] The network’s programming includes original series and movies. Pretty Little Liars (the No. 1 scripted show for females between the age of 12-34 in the year 2012) and Melissa & Joey (cable’s No. 1 program at 8 P.M. on Wednesdays) are both original ABC Family programs that contribute to its great success. ABC Family has a long list of original movies including Labor Pains, which features American actress and recording singer Lindsay Lohan.[6]

Disney XD Logo

[5] Disney XD Logo

Another popular property that lies under Disney/ABC Television group is Disney XD. The cable channel was created by Disney for a rare outcome that had been yet to be distributed to cable. It provides a flashy series that include both animated and live-action original programming, including movies and series. It reaches an audience of those who are 6-14 and more specifically, boys in that age range (females still included). Disney XD programming pushes children on their chase for sports (Disney, adventure and humor.) [7] To achieve their goals, Disney XD joined ESPN in creating an original series titles Disney XD ESPN Sport Science. The program features two hosts who talk about myths in sports. The program has guest appearances from both celebrities and professional sports athletes. [8]

These are only two of many properties that are owned by fall under Disney/ABC Television Group. All programming from Disney/ABC Television Group properties reach a different fragment of the general audience. The company is able to attract the views from crowds that are female or male, young or old etc.

KEY EXECUTIVES

Anne Sweeney

[9] Anne Sweeney

Ben Sherwood

[10] Ben Sherwood

Anne Sweeney is the current President of Disney/ABC Television Group as well as the Co-Chair of Disney Media Networks. She has been involved with the company since 1996. Sweeney is in charge of managing Disney’s entertainment and news television properties. [11]

Ben Sherwood became the President of ABC News in December 2010. [12] Sherwood has been named to succeed Anne Sweeney as President of Disney/ABC Television Group. He will become active as President on Feb 1st, 2015, but is currently involved in all decision making that involves Disney/ABC Television Group as a co-president. [13]

FINANCIALS

The Walt Disney Company, in its third quarterly report of the year, revealed that it has a revenue of $12.16 billion, and increase for its second quarterly report of $11.65 billion. [14] Disney’s cable businesses ended its fourth quarter with a 5% increase in revenue, ending with a total of $5.2 billion. [15]  A big contributor in the increase of revenue was ABC’s broadcasting of the FIFA World Cup, which concluded in a boost of advertisement revenue. [16]

DISNEY/ABC TELEVISION GROUP NEWS

New Deal with Streaming Company Shomi

Shomi Logo

 [18] Shomi Logo

Disney/ABC Television has signed a deal with Shomi. Shomi is a Canadian company that provides an online streaming service, much like Netflix and Hulu. It is a new company that was founded this past August and officially launched on November 4th. [17] The deal includes family and kid friendly content from Disney. Well known films such as 102 Dalmatians and Who Framed Roger Rabbitwill now be available to Shomi users. A big part of the deal is the programming Shomi is obtaining from ABC programming. Shame will be streaming shows from ABC, ABC Family as well as ABC Studios. This includes two of ABC’s extremely successful TV series, Scandal and Revenge. [19]

 Relaunch of WATCH Applications

WATCH Applications

[20] WATCH Applications

Disney/ABC Television Group has announced that it is relaunching its WATCH applications.  The WATCH applications include an a different application for multiple properties. There is an application for ABC, ABC Family, Disney Channel, Disney XD and Disney Junior. The new features for the ABC application include allowing the user to to post on Facebook or Twitter about the current show they are watching without having to close and leave the application. [20] Disney/ABC Television Group created Disney Junior en Español, which will now allow users to watch and experience the application in Spanish. You can now also access the WATCH applications on Android and Kindle Fire Devices. The last addition to the application was being able to listen to Radio Disney live. [21]

New Fall 2014 Series: How To Get Away with Murder

How to Get Away with Murder

[22] How to Get Away with Murder

ABC’s new original series How To Get Away with Murder, premiered this past fall on September 25th. The TV series is a drama produced by Shonda Rhimes, who is known for her with Grey’s Anatomy and Scandal. The show as been nothing but success for ABC. The show had the biggest new series premier of the Fall 2014 season. [23] It received 14.3 million views and a demo rating of 3.9. Although the number of viewers of the show has dropped, it is still pulling a strong audience. The show’s fall finale had 9.8 million viewers. [24]

SOURCES

[1] Disney/ABC Television Group Logo, RT 12/1/2014

[2] Disney/ABC Television Group Information, RT 12/1/2014

[3] The Walt Disney Company’s Properties, RT 12/1/2014

[4] ABC Family Logo, RT 12/1/2014

[5] Disney XD Logo, RT 12/1/2014

[6] ABC Family Programming Information, RT 12/1/2014

[7] Disney XD Programming Information, RT 12/1/2014

[8] Disney XD ESPN Sport Science, RT 12/1/2014

[9] Anne Sweeney, RT 12/1/2014

[10]  Ben Sherwood, RT 12/1/2014

[11] Anne Sweeney Biography, RT 12/1/2014

[12] Ben Sherwood Biography, RT 12/1/2014

[13] Ben Sherwood Becoming President, RT 12/1/2014

[14]  The Walt Disney Compnay Financials, RT 12/1/2014

[15]  Disney Broadcasting Financials, RT 12/1/2014

[16] ABC Financials, RT 12/1/2014

[17]  Shomi Launch Date, RT 12/1/2014

[18] Shomi Logo, RT 12/1/2014

[19] Disney/ABC and Shomi Deal, RT 12/1/2014

[20] WATCH Applications Information, RT 12/1/2014

[21] Disney Watch Applications’ Updates, RT 12/1/2014

[22] How To Get Away With Murder Image, RT 12/1/2014

[23] How To Get Away With Murder Season Premier, RT 12/1/2014

[24] How To Get Away With Murder Season Finale, RT 12/1/2014

Disney/ABC– (TV broadcast & cable properties only)

by Jessica Mendelson
Image courtesy of Deadline

Image courtesy of Deadline

HISTORY

Founded in 2004 Disney/ABC Television Group is a large division of The Walt Disney Company that is in charge of, “global entertainment and news television properties, owned television stations group and a radio business [1].” The Group is currently run by Disney Media Networks President Anne Sweeney [3] but by the end of this year she will be succeeded by Ben Sherwood [6].

Photo courtesy of The Walt Disney Company

Anne Sweeney – Photo courtesy of The Walt Disney Company

Photo courtesy of Disney ABC TV

Ben Sherwood – Photo courtesy of Disney ABC TV

FINANCIALS

DIS Stock Price 2014 - Image courtesy of Etrade

DIS Stock Price 2014 – Image courtesy of Etrade

The Group is a division of the much larger Walt Disney Company, which is a publicly traded New York Stock Exchange Company labeled as DIS. Their market cap, how much the company is worth, is $156.87 billion. Their most current stock price is $92.51. They pay annual dividends, and at the end of their fiscal year on September 27, 2014 their net income was $7.5 billion. The companies Media Networks (which Disney/ABC TV Group falls under) consist of 45% of their revenue. The Network’s 4th quarter net income increased 5% to 5.2 billion, after a $10 million loss in cable and a $5 million gain in broadcast. [27] [28]

THE BUSINESS

The Group is divided into 6 different businesses that run ABC and Disney Television, production and distribution, and radio development. These include: ABC Entertainment Group (which is a joint business of ABC Entertainment and ABC Studios), ABC Family, ABC News, ABC Owned Television Stations Group, Disney/ABC Television Group Digital Media, and Disney/ABC Domestic Television [7].

The biggest part of the Group’s fall primetime season is 6 new shows created by the ABC Entertainment Group. The shows are; “Forever,” “How to Get Away with Murder,” “‘black-ish,” “Cristela,” “Manhattan Love Story,” and “Selfie.” In the past this division has produced shows such as: “Grey’s Anatomy,” “Modern Family,” “Scandal, and “Dancing with the Stars [4].”

Image courtesy of abcmedianet.com

Image courtesy of abcmedianet.com

FALL SEASON

In the Nielsen November Sweeps period ABC had the most impressive numbers across the board for non-sports programming for adults 18-49. ABC’s press release on November 25, 2014 [5] showed that ABC beat out CBS by 31%, NBC by 31% and Fox by 61% in terms of overall viewers.

  • Up 1% in Viewership (Adults 18-49) from last November – which is equal to 100,000 more sets of eyeballs.
  • Number one for 4 of 7 nights in any week in November – this also includes the top spot for every Thursday thanks to their 8:00-10:00 lineup.
  • Highest Rated TV Series – out of the Top 15 series for the sweeps ABC boasts 6 of them. They also have the two top dramas which are tied for number 1, “Scandal” and “How to Get Away With Murder.”
  • ABC is number one in 10pm hour for second year – this year (2014) and last year (2013), for Monday-Friday, ABC is top for this hour, which is an important lead-in to local news at affiliate stations. [5]

SHOW BREAKDOWN

Successes

1. How to Get Away with Murder

Image courtesy of Google Play

Image courtesy of Google Play

From executive producer Shonda Rhimes this drama follows law Professor Annalise Keating (Viola Davis) as she involves herself with four of her students [10].

  • Latest Thursday rating was 3.1 and viewers were 9.82 million in adults 18-49 [18].
  • Part of the, “Shondaland” Thursday lineup in the 1 hour 10:00pm spot [19].
  • In ratings and total viewers the show was up 7% in it’s last week [20].
  • The show is currently on a holiday break until 1/29/15 [10].

Thursday has been a HUGE night for ABC this fall. “Grey’s Anatomy” is 8-9, “Scandal” is 9-10 and then the newcomer “HTGAWM” follows that at 10. Each show shares executive producer Shonda Rhimes. For all of November sweeps ABC won Thursday Nights for the 4 consecutive weeks of the period.

2. Forever

Image courtesy CinemaBlend

Image courtesy CinemaBlend

Dr. Henry Morgan (Ioan Gruffud) is the top medical examiner in NYC, the secret behind his success? He examines the dead to try to find an answer to his own immortality [11].

  • 1.0 rating in adults 18-49 which is up from the previous weeks 0.9 [21].
  • Tuesday 10:00 1-hour time slot.

3. ‘black-ish

Image courtesy jezebel.com

Image courtesy jezebel.com

In this comedy Andre ‘Dre’ Johnson (Anthony Anderson) wonders if his quintessential life in the suburbs with his wife, daughter and son have, “brought too much assimilation for [his] black family [12].”

  • 2.6 rating and 7.82 million viewers in adults 18-49 [22].
  • Wednesday 9:30 half-hour time slot.

‘black-ish” has an excellent lead in with “Modern Family” being in the half-hour slot before it. “Modern Family” has around 10 million viewers, so that’s helping boost numbers for “‘black-ish.”

4. Cristela

Image courtesy of subscene.com

Image courtesy of subscene.com

Cristela (Cristela Alonzo) is in her sixth and final year of law school but her traditional Mexican-American family is having trouble understanding her pursuit of this career. Cristela tries to balance old traditions with the modern world that she is working and living in [13].

  • 1.0 rating and 5.19 million viewers in adults 18-49 [23].
  • Fridays at 8:30, half-hour time slot.

The full season has been ordered for the show, meaning 9 new episodes are on its way for the freshman comedy [24].

 

 

Flops

1. Selfie

Image courtesy of kenlevine.blogspot.com

Image courtesy of ABC Network

Eliza Dooley (Karen Gillan) has tons of social media ‘friends’ but seems to be missing some actual friends. She asks the help of a marketing guru played by John Cho in order to ‘rebrand’ herself to make real-life connections [15].

  • The show order was for 13 shows, but it was canceled after 6 airings [9].
  • It’s been rumored by the shows executive producer, Emily Kapnek, that the entire series, including the 7 un-aired shows, will be released on Hulu [8].
  • Its last rating was 1.5, 4.7 million viewers in adults 18-49 [9].

2. Manhattan Love Story

Image courtesy of www.broadwayworld.com

Image courtesy of ABC Network

This comedy exposes the differences in thought between men and women as they begin dating. This leads to opposing thoughts, and differing actions between new couple Dana (Analeigh Tipton) and Peter (Jake McDorman) [14].

  • After 4 episodes aired the show was pulled [16].
  • Premiered with a 1.3, 4.3 million viewers in adults 18-49

Selfie” and “Love Story” were back-to-back half hour-comedies that filled up the 9:00 hour on Tuesdays. It was a tough lead-in for ABC’s drama “Forever” at 10:00 [17]. However, “Forever” hung-on for a full season where as the comedies got the axe.

WHAT’S UP NEXT?

ABC has 3 new dramas, “American Crime,” “Marvel’s Agent Carter,” “Secrets and Lies,” and a comedy, “Galavant,” slated to premiere in early 2015. There’s also the drama “The Whispers” and the comedy “Fresh Off the Boat” which have yet to be slated [2].

Image courtesy of Hollywood Reporter

Image courtesy of Hollywood Reporter

Under the ABC Owned Station Groups, Disney/ABC is launching a new syndicated talk show with host Tyra Banks. The title as of now is, “The F-A-B,” which stands for Fun and Beautiful. It will include a panel of lifestyle gurus who will answer questions and talk to celebrities about what’s going on in social media, food, fashion and more [25].

ABC and producer Mark Gordon are writing a comedy with, and starring Iliza Schlesinger, called “Forever 31.” The hope is to make Schlesinger the top female in primetime comedy. The show depicts the struggles of her and her friends trying to become adults and the comedic trials of their everyday lives [26].

Sources

[1] Disney/ABC Television Group Homepage, disneyabctv.com, RT: 11/25/14

[2] ABC Unveils 2014-15 Primetime Lineup, 5/12/14, abcmedianet.com, RT: 11/25/14

[3] Disney/ABC Television Group Executivesdisneyabctv.com, RT: 11/25/14

[4] Disney/ABC Entertainment Group Overviewdisneyabctv.com, RT: 11/25/14

[5] ABC November 2014 Sweeps Press Release, 11/25/14, abcmedianet.com, RT: 11/29/14

[6] Ben Sherwood to Succeed Anne Sweeney, 3/24/14, abcmedianet.com, RT: 11/29/14

[7] The Walt Disney Company Media Networksthewaltdisneycompany.com, RT: 11/29/14

[8] ‘Selfie’ Unaired ABC Episodes Head to Hulu, 11/24/14, Variety, RT: 11/29/14

[9] ABC Cancels ‘Selfie’, 11/7/14, Variety, RT: 11/29/14

[10] How to Get Away with Murderabc.go.com, RT: 11/29/14

[11] Foreverabc.go.com, RT: 11/29/14

[12] black-ishabc.go.com, RT: 11/29/14

[13] Cristelaabc.go.com, RT: 11/29/14

[14] Manhattan Love Storyabc.go.com, RT: 11/29/14

[15] Selfieabc.go.com, RT: 11/29/14

[16] ABC Cancels ‘Manhattan Love Story,’ 10/24/14, Variety, RT: 11/29/14

[17] ABC Tuesday Comedies Premiere Low, 10/1/14, Variety, RT: 11/29/14

[18] ‘How to Get Away With Murder’ Goes Out On a High as ABC Dominates Thursday, 11/21/14, Variety, RT: 11/29/14

[19] ABC Wins Third Straight Thursday as ‘Scandal’ Hits A 6-Week High & ‘How To Get Away With Murder’ a Three-Week High, 11/14/14, tvbythenumbers.com, RT: 11/29/14

[20] ABC Hits a Season High in Adults 18-49 and Claims 7 of the Top 20 TV Shows the Week of November 17, 2014, 11/25/14, tvbythenumbers.com, RT: 11/29/14

[21] TV Ratings Tuesday, 11/19/14, tvbythenumbers.com, RT: 11/29/14

[22] Wednesday Final Ratings, 11/20/14, tvbythenumbers.com, RT: 11/29/14

[23] Friday Final Ratings, 11/24/14, tvbythenumbers.com, RT: 11/29/14

[24] ABC Gives ‘Cristela’ Full-Season Pickup, 11/24/14, Variety, RT: 11/29/14

[25] Syndicated Daytime Talker, ‘The F-A-B,’ 10/20/14, thefutoncritic.com, RT: 11/25/14

[26] Iliza Shlesinger To Topline ABC Comedy, 11/20/14, Deadline, RT: 11/25/14

[27] The Walt Disney Company Quarter Four and Fiscal Year 2014 Reports, 11/6/14, thewaltdisneycompany.com, RT: 11/29/14

[28] Disney Stock Information, thewaltdisneycompany.com, RT: 11/29/14

Disney-ABC

By Nicolas Claro

Company History

On January 4th, 1996, Michael Eisner and the Walt Disney Company came to an agreement with Capital Cities/ABC on a merger between the two companies, forming what is known today as Disney-ABC TV [1]. In addition to ABC Television Network, Disney-ABC owns multiple cable channels including Disney Channel Disney XD, ABC Family and ABC News, as well as a controlling stake in ESPN and an equity holding in A+E Networks.

 

Corporate

ANNE SWEENEY

Co-Chair, Disney Media Networks
President, Disney/ABC Television Group (2005-2015)

KEVIN BROCKMAN

Executive Vice President, Global Communications, Disney/ABC Television Group

REBECCA CAMPBELL

President, ABC Owned Television Stations Group

PAUL LEE

President, ABC Entertainment Group

GARY MARSH

President and Chief Creative Officer, Disney Channels Worldwide

BEN SHERWOOD

Co-President, Disney/ABC Television Group (2010-2015),

Co-Chair, Disney Media Networks
President, Disney/ABC Television Group (2015-)

 [2]

 

Q1 EARNINGS

The Walt Disney Company’s first quarter of the fiscal year ended on December 28, 2013. Since the first quarter of the 2013 fiscal year, The Walt Disney Company’s media networks have seen a 4% increase in revenue, and an operating income increase of nearly 20%. However, the company saw a decrease of almost $85 million in income, due in large part to contractual rate increases to Modern Family and other long-tenured shows on the network. [3]

Screen Shot 2014-04-21 at 2.51.16 PM

 

PROGRAMMING

The cast and crew of Modern Family winning their fourth Emmy in four years. [4]

Disney-ABC has done a very fine job of diversifying their TV offerings, broadcasting programs for every sort of viewer imaginable. The company’s two most popular offerings are 4-time Emmy winner Modern Family [4] and the company’s longest running primetime drama, Grey’s Anatomy. In addition, ABC has created successful shows based on existing third-party content, such as Once Upon a Time and Agents of S.H.I.E.L.D. ABC also airs a large number of successful unscripted shows, such as The Bachelor and Dancing With The Stars, talk-shows in both the morning (The View) and late-night (Jimmy Kimmel Live!), live college football and NBA games, and national news shows such as Good Morning America.

Scandal creator Shonda Rhimes (left) and the show’s star Kerry Washington. Rhimes also created ABC’s long running Grey’s Anatomy. [5]

ABC Family and the various Disney channels offer popular youth-oriented series such as Pretty Little Liars and the cartoon Gravity Falls.

In this upcoming season, Disney-ABC plans to bolster its broadcast schedule even further by collaborating with well-respected directors and producers such as David O. Russell and Bryan Singer on the shows The Club [6]  and Black Box [7] , respectively.

 

Director Bryan Singer, well known for his directorial work on the X-Men films, is bringing a show to ABC this year. [8]

New King of Late Night?

ABC’s Jimmy Kimmel (Left) and NBC’s Jimmy Fallon (Right) [9]

On April 3, 2014, Late Night host David Letterman announced his retirement from the show, and from late-night TV in 2015. Stephen Colbert will replace him on CBS in the same time slot after his departure. [10] With David Letterman’s retirement in 2015, ABC’s Jimmy Kimmel will have the longest active run of late night hosting on broadcast TV with a consecutive 11 years on the air. Along with Colbert, Kimmel has already begun competing with the recently appointed Tonight Show host Jimmy Fallon on NBC, who’s show shares a timeslot with Kimmel.

So far, among the two shows, The Tonight Show has dominated in TV ratings. However, Jimmy Kimmel Live is fast on Fallon’s heels in the digital department. After a stellar debut week (avg 6.2 million viewers), Fallon’s ratings have come back to Earth (avg 1.8 million viewers in its 2nd week). A report from Nielsen “SocialGuide”’s data, the number of impressions on Twitter for each show are comparable, and Kimmel’s uptick in viewership means that the margin between the two shows is closer than you think. These two talk-show stalwarts look to be set to compete for years to come, and ready to take on all challengers. [11].

 

The End of an Era?

Will this Aereo antennae (left) be the end of TV as we know it? [12]

On February 14, 2012, a company called Aereo created a product that was designed, in their eyes, to be the future of television. Aereo created a mini-sized antennae that effectively replaced a cable box and allowed consumers to “break free” from cable companies [12], all for a very affordable price of $80 a year. However, by doing so, Aereo was breaking many rules by not paying retransmission fees to the networks it carried, something that the cable providers are required to do. As such, cable companies swarmed Aereo with suits and injunctions within months, but to no avail [13]. 2+ years later, Aereo is still operational, and now more faces have joined in the fight against them, including ABC.

Aereo founder Chet Kanojia [15]

Specifically, their case against Aereo is set to go to Supreme Court review on April 22, 2014, and will likely be resolved by the end of June. If they lose, Aereo could be a signal of what is to come, with other startups following suit, and ducking retransmission fees. However, even if the networks win this battle, has the issue gained enough traction that it has gone down an irreversible path? Many Aereo subscribers, and consumers fed up with their cable companies, are embracing this new technology and championing it as the next big thing. Nobody knows just how this case will play out, but everyone knows that the repercussions will be massive [15][14]

 

Fighting Fire with Fire

Scandal’s growing social media numbers

Scandal’s growing social media numbers [16]

Recent advances in broadcast technology have seriously hindered TV’s chances at remaining a top broadcast medium in the past few years. Internet piracy, DVR and online streaming services have all impeded on the television’s reign atop the media market. However, it seems that ABC has found a way to turn the tables and use these new developments to their advantage.

The best example of this is ABC’s smash hit show Scandal. ABC has allowed the show’s creator, Shonda Rhimes, to run rampant on social media, and she does so with finesse. Her constant involvement and interaction with fans throughout the show’s run has led to a massive social media following for everyone from Rhimes, to the show’s star, Kerry Washington, to Scandal’s official social media accounts.

To show just how astronomical its rise has been, take Scandal’s social media growth from its premiere up to the third season finale on April 17, 2014. At the former, Scandal had about 500,000 connections on Facebook, Twitter and Youtube combined. As of the third season finale, Scandal has 1.4 million views on its official Youtube page, 2.6 million followers on Twitter and almost 5 million fans on Facebook. As you would expect, Scandal’s most popular demographic is in the 18-49 range, who – not so coincidentally – are the demographic most present on social media networks [16].

Works Cited

[1] THE MEDIA BUSINESS;Disney and ABC Shareholders Solidly Approve Merger Deal

[2] All portraits courtesy of disneyabctv.com

[3] THE WALT DISNEY COMPANY REPORTS FIRST QUARTER EARNINGS FOR FISCAL 2014

[4] Modern Family – The Television Academy

[5] girltalkhq – ‘Scandal’ & ‘Greys Anatomy’ Creator Shonda Rhimes To Receive Diversity Award

[6] Deadline – Soapy Drama From David O. Russell & Susannah Grant Gets ABC Series Order

[7] Deadline – Bryan Singer To Direct & Exec Produce CBS Series ‘Battle Creek’ From Vince Gilligan & David Shore

[8] IMDB – Bryan Singer photos

[9] tvovermind – Jimmy Fallon and Jimmy Kimmel Agree To Play Nice

[10] CBSNews – Stephen Colbert to replace David Letterman on “Late Show”

[11] thewrap.com – Jimmy Fallon vs. Jimmy Kimmel: The New Late Night Fight, by the Numbers

[12] “Love is in the Aereo” – Aereo.com press release

[13] “Aereo Prevails” – Aereo.com press release

[14] USAToday – Supreme Court case could test future of broadcast TV

[15] Fortune – What happens if broadcasters lose the Aereo case?

[16] How Social Media Helps Drive ABC’s ‘Scandal’