A+E Television Networks

by Jacqueline Grossman

Courtesy of www.aenetworks.com

A&E Overview

A&E Television Networks is a privately held media company located in New York City that owns and operates 10 channels that are available by both cable and satellite. The network’s channels reach more than 300 million households in 150 countries, producing content in 35 different languages [1]. Its mission involves bringing human stories to life, knowing full well that quality entertainment can come straight from real-world experiences. Lifetime Television, its flagship network, is the most powerful media brand targeted to women, with shows such as Dance Moms and Project Runway. Since its launch in February, 1984, Lifetime has grown significantly, reaching nearly 98 million households today [2].  In addition to this station, the A&E television channel itself offers a mix of reality-based programming and documentaries while its History, Military History, and History 2 channels air original programs on historical topics. The company also operates sister networks such as Crime & Investigation Network and The Biography Channel. It has international networks in the UK and Asia. [3].

History

AETN was formed in 1983 as a joint venture between Hearst, Walt Disney, and NBCUniversal (NBCU).  The company launched Lifetime in 1984, followed by the History Channel, History Channel International, and The Biography Channel in 1995 and 1998, respectively.  Throughout its history, the network has achieved incredible success, for instance in 2004 when it won 24 Emmy nominations and in 2008, when HISTORY (renamed from The History Channel) became the #1 cable network in primetime among the target demographic: adults 18-49. A&E continues to demonstrate success through its new reality television shows Duck Dynasty, Storage Wars, and Hoarders. In July of last year, NBC sold its 15.8 percent stake of A&E to Hearst and Walt Disney for $3.03 billion. [1]

Key Executives

Courtesy of www.aenetworks.com

Abbe Raven, courtesy of www.aenetworks.com

Abbe Raven has been the President and CEO of A&E Television Networks since March 2005. Before overseeing all A&E holdings, she was part of the original team that launched the History Channel and reinvented A&E (channel) in 2003. Ms. Raven is a firm believer in the motto “slow and steady wins the race,” having started as a secretary for A&E and learned the business from the bottom up.  Today, she is an award-winning President and CEO who has been named one of the Top 5 Most Powerful Women in Entertainment by The Hollywood Reporter. [1]

Gerard Gruosso, courtesy of www.aenetworks.com

As, Executive VP, Finance and CFO, Gerard Gruosso is responsible for the management of A&E’s accounts, budgets, and strategic planning. He also oversees the network’s facilities and information management. Mr. Gruosso has been with A&E since 1985, beginning as Assistant Controller, working his way up to Controller and Vice President, and eventually reaching his current position. [1]

Courtesy of www.aenetworks.com

Nancy Dubuc, courtesy of www.aenetworks.com

President, Entertainment and Media Nancy Dubuc oversees the creation and development of A&E’s brand and marketing in addition to managing A&E International and A&E Digital. Before transitioning to this position, Ms. Dubuc previously served as the President and General Manager of HISTORY and Lifetime Networks. [1]

Courtesy of www.aenetworks.com

Dan Suratt, courtesy of www.aenetworks.com

Six-time Emmy Award-winner Dan Suratt is the Executive VP, Digital Media and Business Development. He handles the network’s business negotiations and digital distribution. As a result of his efforts, Mr. Suratt has doubled A&E’s site traffic to 22 million visitors per month. [1]

Competitors

A&E’s top three competitors are Discovery Communications, Inc., MTV Networks Company, and AMC Networks Inc. [4]

Company News

January

Lifetime Television was off to a great start in the first month of 2013. It’s original movie, Prosecuting Casey Anthony, generated great success for the channel; it ranked as the number one telecast across ad-supported cable in total viewers, adults 18+, women 18+, women 25-54, and women 18-49 on the night it premiered. The movie—which starred Golden Globe and Emmy Award nominee Rob Lowe—was the first opportunity to recount the infamous Casey Anthony trial. It is from the perspective of Jeff Ashton, the Florida prosecutor who was involved in the case and provides details on his aggressive investigation of Caylee Anthony’s death. [10]

February

Duck Dynasty, courtesy of www.aetv.com

Duck Dynasty, courtesy of www.aetv.com

A&E’s unexpected hit, Duck Dynasty, became the channel’s number 1 telecast ever and number one nonfiction series on cable in 2013. The show follows the lives of the Roberson family members, owners of Duck Commander, a business that makes products for duck hunters. Its season three premiere earned a total of 8.6 million viewers, ranking ahead of FOX’s American IdolWhat is it that distinguishes this series from other “redneck” reality shows like Here Comes Honey Boo BooSwamp Pawn, and Buckwild? Television critics argue that it comes down to the characters themselves.  The Robersons are savvy, educated businessmen with diverse yet endearing personalities. In addition, the show flows at a relaxed pace and is suitable for family audiences. [11][12]

March

Nielsen ratings for cable network TV shows, courtesy of www.nielsen.com

Nielsen ratings for cable network TV shows, courtesy of www.nielsen.com

A&E received more great news in March. Its A&E television channel had its best quarter in history among total viewers and adults 25-54, soaring past the previously record-setting first quarter 2012. One of the key reasons for this success is the increase in well-received original series that aired in the first quarter of 2013, specifically Bates Motel, Duck Dynasty, and Storage Wars. Due to these shows, the network was up 2% in adults 25-54 (835,000 vs. 819,000) and up 6% in total viewers (1.7 million vs.1.6 million). March was the most watched month in the quarter, and it was the first time A&E averaged more than one million viewers age 25-54 in a single month. These records have propelled A&E up to become the fourth ranked most-watched cable network in all three demographics this March (18-49, 25-54, and total viewers). [8]

Vikings-TV-Show-Title

Vikings, the History Channel’s new show, courtesy of www.history.com

The History Channel enjoyed success from its first scripted series, Vikings. The hit drama explores the adventure, bloodshed, and passion that existed during the Dark Ages, all through the eyes of the Vikings. Vikings is special in that it not only celebrates the excitement of warfare but also demonstrates the strength of familial ties. According to the network, Vikings attracted 4.8 million total viewers, with 2.2 million adults 25-54 and 1.9 million adults 18-49. These ratings made Vikings the most-watched cable series in its timeslot. [9]

April

courtesy of www.aetv.com

Storage Wars, courtesy of www.aetv.com

One of A&E’s most popular television shows, Storage Wars, is returning on April 16th with a full series of 24 episodes, despite the network’s participation in lawsuits with former show star Dave Hester. The hit series premiered in 2010 and features teams of auctioneers looking to “hit it big” by purchasing the contents of storage facilities after inspecting it for a short amount of time. Hester took the network to court claiming the show is staged; he argued that the show’s producers knew what items were in which storage locker and used this knowledge to rig the bidders’ fates. [6] Even with this controversy, Storage Wars ranked as A&E’s number one series among adults aged 18-49 and 25-54. It also achieved the number three rating for non-fiction show on cable among adults aged 25-54. Last year, the show averaged 4.2 million total viewers. [7] Click here for a link to this season’s trailer.

Contact A+E

Website: http://www.aenetworks.com/

Address: 235 E. 45th St. New York, NY, 10017 United States

Telephone: (212) 210-1400

Works Cited

1. About A&E Networks – bringing human stories to life 

2. Lifetime 

3. A&E International Information

4. Hoovers – A&E Competitors

5. A&E Executive Bios

6. Storage Wars Lawsuit

7. Storage Wars

8. A&E Scores Best Quarter in Network History

9. Vikings

10. Casey Anthony Movie

11. Salt Lake Tribune – Duck Dynasty

12. TV By the Numbers – Duck Dynasty Article

Discovery Communications

by Jasmine White

Discovery_Communications

The World’s #1 Nonfiction Media Company [2]

One Discovery Place
Silver Spring, MD 20910
Tel: 240.662.2000/ http://corporate.discovery.com/

Overview

Discovery Communications[1] entered the media sphere as a single channel, The Discovery Channel. After acquiring its rival, The Learning Channel in 1991, it would go on to enter a series of acquisitions that have earned the corporation notoriety as the world’s number one media company. Discovery is currently a publicly owned company and trades on the NASDAQ stock market. It currently reaches more than 1.8 billion subscribers in 218 countries and territories. Moreover, Discovery is proud to be a leading provider of educational products and services to schools and owns a diverse portfolio of digital media services.

[1]

Leadership [3]

Photo of John S. HendricksJohn S. Hendricks is the founder of Discovery and serves as Executive Chairman. Hendricks wanted to provide viewers with quality documentaries that would allow them to explore their world. He has been the recipient of numerous awards, such as the Primetime Emmy Award, the Governors Award and the Lifetime Achievement Award.

Photo of Robert R. BeckRobert R. Beck has been Discovery’s Financial Consultant since 2001 and is a member of the compensation committee.

Photo of J. David WargoJ. David Wargo is the Director of Discovery, chairman of the Nominating Committee and a member of the Audit Committee.

Photo of Steven A. Miron Steven A. Miron is the Director of Discovery Communications and a member of the Nominating Committee.

Finances [4]

February 14, Discovery lost 33 percent of its net income in the fourth-quarter, dropping its income to $224 million, or 61 cents per share. Analysts were expecting 76 cents per share.

The company attributed the decline to a rise in taxes, equity-based compensation and costs due to its acquisitions. Total revenue rose 8 percent to $1.2 billion, in line with analysts’ expectations. Discovery forecast 2013 revenue of $5.58 billion to $5.70 billion. Analysts are expecting $5.43 billion.

Executives are relying on key partnerships and programming like Oprah Winfrey’s OWN network. They say that the high-profile and expensive joint venture is on track. Despite the success of OWN and ventures like it, Discovery generally makes 33 percent less money on advertising than rivals.

Oprah’s Interview with Lance Armstrong

Discovery continues to make innovative deals to supplement its income. December 14, the corporation officially closed the deal with ProSieben[5]. ProSieben has a total enterprise value of $1.7 billion. Discovery now has 12 companies in Norway, Sweden, Denmark and Finland, strengthening its connection in the Nordic markets. The transaction also included 19 radio stations, including the #1 radio portfolio in Sweden.

December was an eventful month for Discovery; the corporation announced a strategic alliance with TF1/Eurosport (Eurosport International and Eurosport France) [6], acquiring a 20 percent minority interest. Eurosport reaches 130 million subscribers in 59 countries across Europe. The alliance also garnered Discovery stock in France (TV Breizh, Histoire, Ushuaia TV and Stylia).

Product

[7]

Discovery Channel

Discovery Channel, launched June 17, 1985 is one of the most widely distributed cable networks in the United States. It is dedicated to creating innovative and quality nonfiction content. The genres include science, history, adventure and the like. Popular series include Deadliest Catch, MythBusters and Frozen Planet. The targeted audience is 25-54, particularly men and reaches 100 million U.S. households; 314 million international subscribers.

Myth Busters ‘Walking on Water

[8]

TLC

TLC(The Learning Channel) offers globally recognized programming that focuses on unique storytelling. Acquired by Discovery in May of 1991, it has succeeded in becoming the top 10 cable network for women. In 2001, TLC had 28 unique television series, averaging one million viewers per episode. Some of the most popular shows include, Sister Wives, Toddlers & Tiaras, 19 Kids, What Not To Wear and Here Comes Honey Boo Boo. Currently, 99 million U.S. households and 201 million international homes subscribe to TLC.

[9]

[10]

Animal Planet

Animal Planet, launched October 1, 1996, is the only channel to fully immerse viewers in the Animal Kingdom. Viewership has been up 18% since January 2012, bringing in 97 million U.S. and 275 million international subscribers. The target audience reached are adults 25-54. Viewers enjoy television shows like Whale Wars, River Monsters, Fatal Attractions, Finding Bigfoot, Pit Bulls and Parolees and Dogs 101.

 

[10]

Discovery Famila

Discovery Famila, launched August 2007, garners 4 million U.S subscribers. It introduces educational and entertaining, family-oriented programming to kids and families in the Spanish language. Daytime programming is geared toward preschoolers’ by  offering fun and educational Spanish-language content that will preserve their native language. Evenings offer family-friendly series and specials and aspirational lifestyle content for women and families, including programs on cooking, dining, travel, design, beauty, health and parenting.

Newsroom

January 08, 2013  [10]

Successful Holiday Programming Events and Slate of Network Movie Premieres Drive Strong New Year Start for The Hub TV Network

The Hub Network, owned by Discovery, had a solid jumpstart on the New Year. The network introduced a steady flow of holiday marathons, followed by original Hub TV Network original programming. It delivered significant year-over-year audience growth reaching all key target demographics including Kids 2-11 (+63%), Kids 6-11 (+56%), Women 18-49 (+69%), Adults 18-49 (+50%), Persons 2+ (+67%) and Households (+52%).

 January 14, 2013 [11]

Discovery Communications Acquires Switchover Media

Discovery acquired 100 percent of Switchover Media, an Italian media company that owns  four free-to-air television channels and one pay-TV television channel in Italy. This new deal has made Discovery the third largest broadcaster in Italy in terms of collective audience share. Italy is the leading market for Discovery and key to its growth over the last two years. The acquisition of Switchover Media adds further breadth and scale and also diversifies Discovery’s portfolio to include scripted crime and children’s programming.

March 28, 2013 [12]

Revision3 Launches Robust App for Xbox 360

Revision3, A Discovery Digital Video network, announced the launch of its app for the Xbox 360® video game. Xbox LIVE Gold members in the U.S., Canada and Australia can install the new Revision3 app from the Xbox LIVE® marketplace*. Fans of Revision3 content can now watch their favorite shows. There are thousands of unique shows, including Rev3Games, Film Riot and more. Revision3 allows subscribers to view the content on their television, tablet, game station, phone, or a traditional laptop.

 Sources

1. Mission Statement

2. Discovery Logo

3.Leadership

4. Finances

5. ProSieben

6. TF1/Eurosport

7. Discovery Channel Logo

8. TLC Logo

9. Honey Boo Boo

10. January 8, 2013

11. January 14, 2013

12. March 28, 2013