Clear Channel

Posted on April 3, 2013 by Lucy Bartozzi

by Lucy Bartozzi

http://www.clearchannel.com

200 E. Basse Road San Antonio, TX 78209

(210) 822 – 2828

About Clear Channel

Clear Channel Communications is a global media and entertainment company specializing in radio broadcasting and outdoor advertising. The company was founded in 1972 in San Antonio, TX with the purchase of a single FM radio station [1]. Currently, Clear Channel is privately owned by Bain Capital and Thomas H. Lee Partners [2]. Clear Channel operates as CC Media Holdings and consists of two main businesses: Clear Channel Outdoor Holdings and Clear Channel Media and Entertainment [1].

Clear Channel Media and Entertainment

Clear Channel Media and Entertainment (CCME) owns and operates 840 broadcast radio stations, reaching nearly 243 million monthly listeners. CCME services 150 U.S. markets, as well as 140 radio stations in Australia and New Zealand. This gives Clear Channel the largest reach of any radio or television outlet in the United States [3]. Operations of CCME include radio broadcasting, online and mobile services and products, program syndication, entertainment, traffic data distribution, and music research services [2]. CCME’s content is distributed on a variety of platforms including AM/FM stations, satellite radio, the Internet, in-vehicle navigation systems, iHeartRadio, and mobile devices. Properties of CCME include Premiere Networks, a national radio network with 90 radio programs in syndication, Katz Media Group, the leading media representation company in the United States, and Total Traffic Network, a service that delivers real-time local traffic flow and information to over 3,000 radio and 200 television affiliates [4].

iHeartRadio

iHeartRadio, launched in 2008 by Clear Channel, gives users access to over 1,500 live radio stations across the country and the ability to create custom stations. This service is available online and as a mobile application for smartphones and tablets, as well as in-vehicle systems and some gaming consoles. Users are able to stream a wide variety of content, including pop, country, talk, sports, and college radio. In just 13 months, iHeartRadio reached a milestone of 20 million registered users [5].

Key Executives [6]

Bob Pittman, Chief Executive Officer

Tom Casey, Chief Financial Officer and Executive Vice President

Robert H. Walls Jr., Executive Vice President and General Counsel

John Hogan, Chairman and CEO of Media and Entertainment

Financials [2]

Clear Channel estimates that nearly half of their revenue is derived from CCME, with the primary source of this revenue being the sale of commercials on their radio stations
Clear Channel’s total revenue for 2012 equaled $6,246,884
CCME’s total revenue for 2012 equaled $3,084,780, a $98 million increase from 2011
In 2012, CCME saw an increase in digital revenue, event sponsorship revenue, and traffic business revenue; however, direct expenses and SG&A expenses increased as well

New Developments at Clear Channel

On March 6, 2013 Clear Channel and eOne, the fastest-growing independent music company in the U.S., announced an agreement to share revenue from digital and terrestrial radio. Since its inception, eOne Music has charted more than 100 albums on Billboard’s Independent Chart. Clear Channel has recently entered into similar agreements with Big Machine Label Group, Glassnote Entertainment Group, DashGo, rpm Entertainment, Robbins Entertainment, and Naxos [7].

On March 11, 2013 Clear Channel introduced a new feature for their iHeartRadio service which will enable users to to add short local news, weather, and traffic updates into their custom station when listening online. Clear Channel hopes that these “Add-Ins” will provide users with a custom experience they can’t find anywhere else. Users will be able to receive localized information based on their current location or choose to receive updates from different markets across the country. Add-Ins will soon be available on the iPhone, Android, and other platforms [8].

On March 13, 2013 Clear Channel launched its second broadcast Electronic Dance Music (EDM) station, Evolution 93.5 Miami. The new format will feature non-stop dance music from artists such as Skrillex, David Guetta, Calvin Harris, and more. On March 25, the station began airing a two-hour long daily show titled “All Gone Pete Tong” featuring Pete Tong’s Essential New Tune of the Week and the hottest track from the global Top 100 chart on Beatport.com. The show broadcasts Monday through Friday from 7 – 9 p.m. EST and additionally features Tong’s mixes, on-air interviews, and guest-hosted radio shows. EDM fans across the country can listen to Evolution as well on iHeartRadio [9].

On March 28, 2013 Clear Channel announced the return of their iHeartRadio Music Festival, as well as the continuation of their partnership with Macy’s. For its third year, the event will be held at the MGM Grand in Las Vegas on September 20 and 21, 2013. Macy’s iHeartRadio Rising Star campaign will return as well, spotlighting America’s emerging musicians and giving one lucky artist or band the opportunity to perform at the iHeartRadio Music Festival. Clear Channel listeners, iHeartRadio fans, and Macy’s shoppers will have the opportunity to vote for their favorite performer online until May 12. Bon Jovi, Jason Aldean, Lil Wayne, Swedish House Mafia, Taylor Swift, Linkin Park, and Aerosmith are just a few of the names that have previously performed at the festival [10].

On April 1, 2013 Clear Channel Media and Entertainment announced a partnership with Big Machine Records to launch The Band Perry’s sophomore album, PIONEER. Following the release of the album on April 2, Clear Channel will launch a two-week on-air and online Artist Integration Program to introduce the new music to fans and listeners. On April 3, The Band Perry will perform for iHeartRadio Live at the iHeartRadio Theater. The goal of this campaign is to raise audience awareness by featuring custom content and spots on a multitude of Clear Channel’s different platforms [11].

Sources

[1] http://www.clearchannel.com/Corporate/Pages/about.aspx

[2] http://edgar.secdatabase.com/1389/73970813000003/filing-main.htm

[3] http://www.clearchannel.com/CCME/Pages/default.aspx

[4] http://www.clearchannel.com/CCME/Pages/Brands.aspx

[5] http://www.clearchannel.com/CCME/Pages/iHeart.aspx

[6] http://www.clearchannel.com/Corporate/Pages/our-team.aspx

[7] http://www.clearchannel.com/Pages/Clear-Channel-And-Entertainment-One-(Eone)-Announce-Agreement-To-Share-Digital-And-Broadcast-Radio-Revenue-With-Artists.aspx

[8] http://www.clearchannel.com/Pages/iHeartRadio-Introduces-Local-News,-Traffic-and-Weather-Add-Ins-to-its-Custom-Stations-.aspx

[9] http://www.clearchannel.com/Pages/Clear-Channel-Media-And-Entertainment-Brings-EDM-To-Miami%E2%80%99s-Airwaves-With-Evolution-93-5.aspx

[10] http://www.clearchannel.com/Pages/The-iHeartRadio-Music-Festival—The-Biggest-Live-Concert-Event-In-Radio-History—Returns-to-the-MGM-Grand-in-2013-.aspx

[11] http://www.clearchannel.com/Pages/Clear-Channel-Media-and-Entertainment-and-Big-Machine-Label-Group-to-Launch-Artist-Integration-Program-Around-The-Band-Perr.aspx

Warner Bros. Pictures

Posted on March 31, 2013 by Jacob Fleischman

by Jacob Everest Fleischman

Warner Bros. Pictures

Courtesy of thefilmstage.com

Warner Bros Pictures has produced and distributed thousands of titles since 1923 when it was founded by Albert, Sam, Harry and Jack Warner. WB is responsible for many iconic moments and accomplishments in the entertainment industry. To start, they are responsible for the first film with sound, The Jazz Singer. Following this Warner Bros had decades of success, even producing up to 40 movies a year during the 1940s. Jumping forward to the 1990s, Time Inc. and Warner Bros intertwined and became Time Warner, one of the powerhouses of todays entertainment industry. Warner Bros Pictures, as a subsidiary of Time Warner, produces between 18 and 22 movies a year and currently grosses over $4 billion a year. That brings us to our current place in time, post “The Dark Knight” and “Harry Potter” era, when Warner Bros Pictures was in charge of two of the most successful movie series of all time. [1] [2]

Conglomerate: Time Warner Inc.

Courtesy of financial-report.info

Parent Company: Warner Bros. Entertainment

CEO: Kevin Tsujihara

Chairman of the Board: Barry Meyer

Warner Bros Pictures Officers

President: Jeff Robinov

Courtesy of http://www.aceshowbiz.com/

Mr. Robinov is in charge of it all. He oversees actual filming and production, distribution and the post-production. All of the other presidents report to him and he has the final say before it is passed to the Warner Bros Entertainment CEO Kevin Tsujihara and Chairman of the Board Barry Meyer. [3]

President, Domestic Distribution- Dan Fellman

Courtesy of http://ia.media-imdb.com/

Mr. Fellman has been in his position at Warner Bros Pictures since 1999 and worked there for 21 years before that. Fellman is widely known for his success with movies such as The Dark Knight, Superman Returns, The Hangover and The Blind Side. Among these, he has produced 57 movies that have grossed over $100 million. [4]

President, Worldwide Marketing- Sue Kroll

Courtesy of Variety.com

Ms. Kroll has been in her position since 2008. She oversees all marketing worldwide, both creative and business aspects of the job. She is in-charge of advertising, research, finding target audiences and bringing attention to the film. She most famously ran the marketing division for The Dark Knight which grossed over $1 billion worldwide. [5]

Most Recent Time Warner Inc. Quarterly Report

In Time Warner’s final quarterly report of 2012, it explains Warner Bros Pictures grossed $4.3 billion worldwide; this was predominantly led by The Dark Knight Rises and The Hobbit: An Unexpected Journey. Warner Bros Pictures also received two Golden Globes this year, which included Best Motion Picture- Drama for Argo. Along with the Golden Globe achievements, Warner Bros. Picture’s movies were nominated for 10 Academy Awards this year. [6]

Courtesy of imdb.com

“Right Here, Right Now” Semester News From the Studio

New Commander-in-Chief

Courtesy of www.trbimg.com/

The biggest thing to happen during this Spring to affect Warner Bros. Pictures actually was not a change made in the company. Warner Bros Entertainment, WB Pictures parent company, appointed a new CEO. Kevin Tsujihara announced he would be taking control of the mega-entertainment company as of March on January 28^th, 2013. [7]

The Hobbit is not really that short!

Courtesy of www.dezineguide.com

It is announced that the first Hobbit movie hit its $1 billion mark and the rest of the trilogy has already been planned out. The final Hobbit Movie will be released in December of 2014, after the second installment of the series is released in December of 2013. Tacking on to the end of the Lord of the Rings series this spin-off proved to be just what the world wanted to see grossing $301.4 domestically and over $700 million internationally to date. [8]

The man with the Billion Dollar Brain is Preparing for his Next Epic

Courtesy of http://www.comicbookmovie.com/

On March 8^th, Warner Bros Pictures and Paramount announced that together they would co-produce and distribute, Academy Award nominee and billion-dollar movie maker Christopher Nolan’s next film. The Film, titled “Interstellar”, is sci-fi and will entail Nolan’s customary heroic story line. The fact that these two powerhouse studios are teaming up to produce and distribute this film together is extremely rare because the two do not normally work together on major releases. [9]

“RUN ITS GODZILLA”

Courtesy of www.badassoftheweek.com

While not much has been released yet, it is now public knowledge that a new Godzilla is in the works and will be released and distributed in 3D by Warner Bros. on May 16^th, 2014. The film has Aaron Taylor-Johnson, Ken Watanabe, Elizabeth Olsen and Juliette Binoche starring in the film. [10]

Recent Marketing

Courtesy of themovieblog.com/

Warner Bros Pictures is currently ramping up for a very busy spring and early summer with summer blockbusters that many people are looking forward to and could possibly define a top box office summer. Starting in early April we see the true life story of Jackie Robinson in 42 and following this we see our first summer blockbuster the re-make of F. Scott Fitzgerald’s timeless classic The Great Gatsby. Then directly following this, just two weeks later we see the next installment of our favorite party-crazed drunks in The Hangover 3. Finally, most likely the most anticipated superhero movie of the summer, Man of Steel, the next Superman movie is released in June.

See the Man of Steel trailer here

Most Recently Warner Bros Pictures shined as a main attraction at WonderCon

With the upcoming release of Pacific Rim, Warner Bros decided to use this time with a huge collection of its target audience (at WonderCon) to debut a clip from the scene and hear from director, Guillermo del Toro. The scene creates enough suspense and confusion to make every nerd and non-nerd alike in the room anxious to run to the theaters on its opening weekend (July 12, 2013) to see the film. [11]

This has been a very busy late-winter and spring for Warner Bros Pictures with a number of huge films debuting at the beginning of this summer and a lot of films released during this time period. With all this in mind, it makes sense that there are so many presidents under Jeff Robinov to break up all of the executive work that keeps this studio at the top of its game.

Sources:

[1] Warner Bros. History http://www.warnerbros.com/studio/about/company-history.html

[2] Warner Bros. Overview http://www.warnerbros.com/studio/about/company-overview.html

[3] Jeff Robinov Bio http://www.warnerbros.com/studio/executives/operation-officers/jeff-robinov.html

[4] Dan Fellman Bio http://www.warnerbros.com/studio/executives/divisional-executives/dan-fellman.html

[5] Sue Kroll Bio http://www.warnerbros.com/studio/executives/divisional-executives/sue-kroll.html

[6] Time Warner Quarterly Report http://ir.timewarner.com/phoenix.zhtml?c=70972&p=quarterlyearnings

[7] Kevin Tsujihara Bio http://www.warnerbros.com/studio/executives/kevin-tsujihara.html

[8] The Hobbit Press Release http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPTheHobbitAnUnexpectedJourney1BillionDollarRev_03.03.13

[9] Christopher Nolan New Movie http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPInterstellarNov7ReleaseDate_03.08.13

[10] Godzilla Press Release http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPLegendaryPicturesGodzillaStartofProduction_03.18.13

[11] Pacific Rim Publicity http://www.hollywoodreporter.com/heat-vision/wondercon-pacific-rim-mortal-instruments-431926

Lionsgate Entertainment

Posted on September 19, 2012 by imartine

by [Ingrid Martinez]

Current Lionsgate logos. On the left is the original logo for Lionsgate films. On the right is a second version that corresponds to horror and action films produced by the company. The second version is known as “Lionsgate Horror” [1].

Basic Information:

Headquarters Address: 2700 Colorado Ave. Santa Monica, CA 90404

Telephone: (310) 449-9200
Website: www.lionsgate-ent.com

For more information on corporate studio locations and contact information click here [2].

Key Executives:

Co-Chairman, Jon Feltheimer. Image courtesy of http://magazine-archives.wustl.edu

Jon Feltheimer, Co-Chairman & Executive Officer

Michael Burns, Vice Chairman

Steve Beeks, President & Co-Chief Operating Officer

Joe Drake, President of Motion Picture Group & Co-Chief Operating Officer

Jim Keegan, Chief Financial Officer

Wayne Levin, General Counsel & Executive Vice President of Corporate Operations

For full biographies click here [3].

Brief Company Overview:

Lionsgate’s previous logo. Image courtesy of http://www.gmk freelogos.com.

Lions Gate Entertainment Company, Lionsgate, is a leading global film and television producer. Since 1997, the company has strived to become the most successful independent film and television distributer in North America. Today, it currently owns 15 shows on over 10 television networks. These shows include “Weeds,” “Tyler Perry’s House of Payne,” “Meet the Browns,” “The Wendy Williams Show,” and more. In the past year, the company has released 14 motion pictures in theaters. Some of the company’s most famous accomplishments due to their great outcomes are “Madea’s Big Happy Family,” “The Last Exorcism,” and “Precious.” Even with its controversial theme, Lionsgate acquired two Academy Awards as a result of “Precious.” It is a film that will not be forgotten. These shows and films are only few of the many that have helped the company achieve its goal of becoming the most successful independent distributer in North America. Lionsgate does not only hold 10 Oscar awards; it has also been nominated for 47 Academy Awards. With the company’s achievements this year, more nominations and awards are destined to come.

For full company overview click here [4].

Short History:

Lionsgate, established in 1997, began in the city of Vancouver in British Columbia, Canada. The founder of the company is Frank Giustra, a banker whose purpose was to benefit from the Canadian film industry. He dedicated his time and money into the company, anticipating positive results.

Canadian banker, Frank Giustra. Image courtesy of http://www.dcba-online.ca/.

After creating Lionsgate, Giustra also bought other production companies to increase its size and influence. Children’s Television Workshop (CTW), now known as Sesame Workshop, is one of the distributers that was first obtained by Lionsgate. Lionsgate experienced losses during its first few releases. However, its first major theatrical success was the 2000 release of American Psycho. This film led the way for other successes, including Fahrenheit 9/11, which set a record for Lionsgate’s highest gross. Since then, the company has continued to progress and expand.

For full history click here [5].

Progression and Expansion:

Summit Entertainment Logo. Image courtesy of http://www.rizvitraverse.com

For the past 10 years, Lionsgate has acquired different libraries including Artisan Entertainment and Trimark Holdings. Lionsgate now occupies one of the most famous and influential libraries in the entertainment world. The library includes more than 13,000 films and television shows with diversified themes [6]. In December 2011, Lionsgate created a partnership with Saban Capital Group (SCG) and Celestial Pictures. This led to the formation of Celestial Tiger Entertainment Limited, a company whose mission is to entertain audiences in Asia and other countries. During the 2012 fiscal year, which ended in March, Lionsgate released 14 motion pictures in theaters. These motion pictures include films co-produced from other parties. In January 2012, Lionsgate also obtained Summit Entertainment, LLC, an independent worldwide theatrical motion picture studio. This gave Lionsgate the rights to The Twilight Saga film series.

For full article click here [7].

Theatrically Released Films:

Lionsgate has had a very active Fall 2012. Since September, the company has released four films: Dredd, Silent Hill: Revelation 3D, The Bay, and The Twilight Saga: Breaking Dawn – Part 2. The following table shows the earnings of these films.

Film	Release Date	Worldwide Gross as of Monday, December 3rd, 2012
Dredd	September 21, 2012	$30,931,946
Silent Hill: Revelation 3D	October 26, 2012	$33,966,786
The Twilight Saga: Breaking Dawn – Part 2	November 16, 2012	$702,398,866
The Bay	November 21, 2012	$30,668

There is a significant gap between the gross of “The Twilight Saga: Breaking Dawn – Part 2” and the other films released by Lionsgate in the past few months (showed in the table). “The Twilight Saga: Breaking Dawn – Part 2” has long been awaited by a huge domestic and international audience, making it the most successful of these films. The film remains in theaters and its sales continue to increase, making it a huge competitor at the box office.

There is an even wider gap between The Bay and the other three films in the table. The Bay has only obtained a total gross of $30,668, mainly because it is the most recent. However, it was also released only five days after “The Twilight Saga: Breaking Dawn – Part 2.” This may have an effect on the film’s movie sales because “The Twilight Saga: Breaking Dawn – Part 2” is still the spotlight of the theaters. In addition, the holidays are near, which may cause fewer people to attend the movie theater.

For data on these films and more click here [8].

Recent News:

The release of “The Twilight Saga: Breaking Dawn – Part 2” and Lionsgate’s earlier release, “The Hunger Games,” allowed the company’s sales to extend tremendously. Lionsgate expects to earn over $2 billion from international and domestic theater sales. Its first weekend, “The Twilight Saga: Breaking Dawn – Part 2” made $341 million from theater sales worldwide. As of Monday, December 3rd, 2012, the film has made $254,598,866 domestically and $447,800,000 internationally [9]. It now has the highest international gross out of the films in “The Twilight Saga.” Due to Lionsgate’s acquisition of Summit Entertainment, LLC, Twilight has now become one of Lionsgate’s greatest successes.

For the full article click here [10].

Lionsgate broke records, making millions in one year with the two female-led films mentioned above. Few female-led films are produced because Hollywood is afraid that the compensation will not be profitable. “The Hunger Games” and “The Twilight Saga: Breaking Dawn – Part 2” have surpassed expectations in a male-driven industry. These films have pushed past $1 billion with women protagonists, and more success is expected from Twilight. Lionsgate CEO, Jon Feltheimer, and Vice President, Michael Burns, take great pride in this achievement. They jointly state,

The Hunger Games. Image courtesy of www.imdb.com

The Twilight Saga: Breaking Dawn – Part 2. Image courtesy of www.imdb.com

“Every member of our motion picture group should take tremendous pride in this singular accomplishment.”

For the full article click here [11].

Upcoming Releases:

Lionsgate anticipates more success, welcoming the new year with more and more films to be released. However, “The Twilight Saga: Breaking Dawn – Part 2” has set the bar for future films. It will not be easy to top the success of Twilight. The following are films that will be theatrically released during the upcoming year of 2013.

Film	Release Date
Texas Chainsaw 3D	January 4, 2013
The Last Stand	January 18, 2013
Stand Up Guys	February 1, 2013

For more information on Lionsgate’s upcoming releases click here [12].

References:

Headquarters Address: 2700 Colorado Ave. Santa Monica, CA 90404

Telephone: (310) 449-9200 Website: www.lionsgate-ent.com

Key Executives:

Film

Release Date

Worldwide Gross as of Monday, December 3rd, 2012

September 21, 2012

$30,931,946

October 26, 2012

$33,966,786

November 16, 2012

$702,398,866

November 21, 2012

$30,668

Film

Release Date

January 4, 2013

January 18, 2013

February 1, 2013

[1] Closing Logo Group. http://www.closinglogos.com/page/Lionsgate+Films

[2] Lionsgate Corporate Contact Information. http://corporate.lionsgate.com/Contact.asp

[3] Lionsgate Corporate Executive Biographies. http://corporate.lionsgate.com/ExecutiveBio.asp

[4] Lionsgate Corporate About. http://corporate.lionsgate.com/Division.asp

[5] SawPedia. http://sawfilms.wikia.com/wiki/Lions_Gate_Entertainment

[6] Lionsgate Corporate Homepage. http://corporate.lionsgate.com/

[7] NYTimes – Lionsgate Corporation. http://topics.nytimes.com/topics/news/business/companies/lions-gate-entertainment-corporation/index.html

[8] Box Office Mojo Homepage. http://www.boxofficemojo.com/

[9] Box Office Mojo: The Twilight Saga: Breaking Dawn – Part 2. http://www.boxofficemojo.com/movies/?id=breakingdawn2.htm

[10] Reuters. http://www.reuters.com/article/2012/11/19/us-lionsgate-twilight-idUSBRE8AI0XN20121119

[11] The Mary Sue. http://www.themarysue.com/liongate-box-office-landmark/

[12] Box Office Mojo: Lionsgate Upcoming Releases. http://www.boxofficemojo.com/schedule/?view=distributor&id=lionsgate.htm

Telephone: (310) 449-9200
Website: www.lionsgate-ent.com