Cumulus

Link

Sarah Rebetje, Kate Weyant, Eddie

Cumulus Logo – [1]

History

Cumulus Media is a radio broadcasting company with an audience reach of 245 million. Cumulus distributes its sports, news, talk, and entertainment content through its 447 stations that are owned-and-operated by the company. The company’s reach expands across 90 markets in the United States, including eight of the top ten markets in the country [1]. In a $260 million deal in December of 2013, Cumulus acquired Dial Global, Inc., and renamed it Westwood One. Westwood One now serves as a programming service, allowing Cumulus to deliver its content across multiple platforms [4].

Key Executives

Mary G. Berner, President and Chief Executive Officer [2]

John Abbot – Executive VP, Treasurer, and Chief Financial Officer [3]

Richard Denning – Senior VP, Secretary and General Council [5]

Westwood One

Westwood One is a national syndication company that was acquired by Cumulus Media in 2013. Originally known as Dial Global, the company functioned under CBS for over three decades and specialized in syndicated sports broadcasting. Currently, they cover sports such as football in the NFL, golf during The Masters, and broadcast Olympic coverage every two years for both the Winter and Summer games [4]. Westwood One is producing four Christmas from Nov 26th to December 1st 2016. Some of the featured acts will include Train, Neil Diamond and Rascal Flatts. Westwood One looks to create relevant content that pertains to the upcoming Holiday of Christmas [15].

NASH FM

NASH FM is a Cumulus-owned media brand and group of radio station broadcasting across the country. Named after the cultural center of country music, Nashville Tennessee, the NASH FM brand includes 36 different local radio stations that all broadcast on an FM frequency. This brand’s content is broadcasted through the the nation and covers genres from country to rock to hip-hop. It has over 300K followers on their official Twitter account, and often host shows with famous country singers as guests.

Pictured above is the winner of the NASH Next 2016 Contest, Todd O’Niell. Hosted by NASH FM, this contest seeks to find the best talent that might be the next big thing in country music [13].

As well as being a local station in Iowa, NASH FM also syndicates its shows on a national level under the guidance of Cumulus [7].

The Downfall

For Cumulus, 2015 was a year of tragedy. The company accumulated $2.5 billion in debt. The share price of Cumulus was worth spare change, dropping from its original price by almost 90 percent [8]. One reason this striking increase in debt occurred was because of the hit that the overall radio industry has taken from a significant decrease in listeners these past few years as online streaming content has become more popular. Just in 2016, the revenue of the industry has fallen flat [10]. Cumulus’ top competitor, iHeartmedia, even suffered from this online conversion with its share price dropping by 95 percent [8]. Cumulus has also still been struggling with paying off the debt it accumulated when it bought Citadel, taking on a debt count of $2.8 billion [9]. Cumulus also made the mistake of neglecting tp focus on local markets and caring only about its acquisition of Westwood One and Citadel. Cumulus’ risky business decisions have led the company to drown rather than thrive [8]. However, the new CEO of the Cumulus, Mary Berner, seems to have turned the company in a more positive direction [12].

Financials

In the past three years, Cumulus has seen a decline in sales revenue, a rise in sale expenses, and thus a decline in its net income.

Net income comparison between 3Q2015 and 3Q2016 [6]

In 2014, Cumulus’ net revenue was $1.26 billion, with a net income of $11.4 million. The following year, in 2015, their net revenue was $289.44 million with a net income loss of $542.18 million. This is in part due to the massive amount of debt that it has accumulated ($2.5 billion). In 2016, Cumulus announced at the end of the Third Quarter that its net revenue so far for the year is $286.14 million, which is 1.1% down from 2015. The company also reported that 2016’s net income is $32.96 million, which is up from a net income loss of $541 million. 895 million in the first three-quarters of 2015, $14.4 million of its expenses were spent on a legal dispute with CBS over syndicated content.

President Mary Berner expressed the failures of previous years and the somewhat hopeful future of the company by stating that Cumulus, “gained share for the first time in at least four years (in 2016)” [6].

Future

As the newest CEO, Mary Berner is leading a key initiative to turn around the company. Berner has an extensive resume, including her position as CEO at Reader’s Digest Association, Fairchild Publications, and Association of Magazine Media [12]. Berner has experience with companies in trouble, helping Reader’s Digest at a time when it was undergoing reorganization due to bankruptcy [8]. With her expert background in managing large companies, Berner has immediately taken on the challenge of addressing key issues of decreased focus on national syndication, and increased focus on employee satisfaction and local affiliates [12].

In order to combat a large amount of debt that has been accumulated by the company, Cumulus plans to create a more open dialogue with its stakeholders. This way, Cumulus can come up with strategies aimed at reducing the debt, because attempts in previous years have not worked. Cumulus also stated that it will review all possible options in order to its maximize its efficiency on both a corporate, national and local level.

Cumulus has announced that the company will undergo a restructuring of its organization. It will shift the control of the company into the hands of its localized affiliates and work from a “bottoms-up” approach by strengthening its foundation. Cumulus believes that this approach will increase ratings as well as improve the operation of the company.

Employee Turnover over the course of 2015 and 2016 [14].

With prior negative feedback from employees about the culture of Cumulus, the company looks to initiate a better work environment [12]. Communications will be enhanced through a “top-down” process, where Berner stated that she will answer any employee’s email within 48 hours. Policies about vacation and leave will be reevaluated so that employees will receive improved benefits. Though the merit system has not been manipulated for the past ten years, Cumulus declared that the system will be increased to promote motivation and work efficiency. This initiative has reflected positively among employees. As shown in the above graph, turnover significantly decreased between 2015 and 2016, where voluntary sales turnover experience the most impact, where turnover was reduced from 42% to 27% from April of 2015 to April of 2016 [14].

Cumulus has also started to improve its sales execution in hopes of decreasing its debt. The company aims to incorporate new sales strategies both on a national and a local level. Cumulus also stated that it will extend measurements of sales productivity in order to gather more research about what works and what does not work. That way it can tackle issues and create more productivity in the future. Cumulus is also trying to improve both its marketing tactics, and improve the training given to new employees.

As Cumulus strives to create a more optimal working environment with increased employee satisfaction, the future looks brighter than it did before Mary Berner stepped up as CEO. With the restructuring of management, as well as the focus on local markets over national syndication, Cumulus has taken the necessary steps in order to stay afloat. Although the company still needs to address the debt situation, Cumulus continues to make strides towards increasing revenue and slowly paying the debt off [11].

Sources

[1] Cumulus. Retrieved: 22 November 2016. http://www.cumulus.com/

[2] Mary G. Geber. Cumulus Media. Retrieved: 22 November 2016. http://www.cumulus.com/leadership/mary-g-berner.html

[3] John Abbot. Cumulus Media. Retrieved: 22 November 2016. http://www.cumulus.com/leadership/john-abbot.html

[4] Cumulus Completes Previously Announced Acquisition of Westwood One. Global News Wire. Retrieved: 22 November 2016. https://globenewswire.com/news-release/2013/12/12/596613/10061374/en/Cumulus-Completes-Previously-Announced-Acquisition-of-WestwoodOne-f-k-a-Dial-Global-Inc.html

[5] Richard Denning. Cumulus Media. Retrieved: 22 November 2016. http://www.cumulus.com/leadership/richard-s-denning.html

[6] Cumulus Reports Operating Results for Third Quarter 2016. Cumulus Media. Retrieved: 27 November 2016. http://www.cumulus.com/PR/CMLS_09_30_2016_Earnings_Release.pdf

[7] NASH FM 94.7. Cumulus Media. Retrieved: November 28 2016. http://www.nashfm947.com

[8] Radio giant Cumulus tumbles after flying high. Grantham, Russell. The Atlanta Journal-Constitution. Retrieved: 24 November 2016. http://www.myajc.com/news/business/radio-giant-cumulus-tumbles-after-flying-high/npx9H/

[9] Cumulus Media drowning in debt, stock slides. Ho, Rodney. The Atlanta Journal-Constitution. Retrieved: 25 November 2016. http://radiotvtalk.blog.ajc.com/2016/01/10/cumulus-media-drowning-in-debt-stock-slides/

[10] Will 2017 Be Better For Radio? Radio Ink. Retrieved: November 27 2016. http://radioink.com/2016/11/18/will-2017-better-radio/

[11] 2016 First Quarter Earnings Call Presentation. Cumulus Media. Retrieved: November 25 2016. https://www.cumulus.com/PR/CMLS_1Q_2016_Earnings_Release_Presentation-050616.pdf

[12] (9-19-2016) The Cumulus Turnaround. Radio Ink. Retrieved: November 27 2016. http://radioink.com/2016/10/21/the-cumulus-turnaround/

[13] And the Winner is: Country Singer Todd O’Neill Wins NASH Next 2016 Challenge including Cumulus Radio Airplay Across the U.S. and Big Machine Label Group Recording Contract. Cumulus Media. Retrieved: 28 November 2016. http://www.prnewswire.com/news-releases/and-the-winner-is-country-singer-todd-oneill-wins-nash-next-2016-challenge-including-cumulus-radio-airplay-across-the-us-and-big-machine-label-group-recording-contract-300351675.html

[14] 2016 First Quarter Earnings Call Presentation. Cumulus Media. Retrieved: November 25 2016. https://www.cumulus.com/PR/CMLS_1Q_2016_Earnings_Release_Presentation-050616.pdf

[15] Westwood One Making Christmas Special. Radio Ink. Retrieved: November 28 2016. http://radioink.com/2016/11/18/westwood-one-making-christmas-special/

21st Century Fox

Posted on October 16, 2016 by erlipins

Gina Reitenauer, Erika Lipinski, Dwayne Ellmore

[1]

Adress/ Contact Info:

1211 6TH AVE.

NEW YORK, NY 10036

(212) 852-7000

Key Executives:

James Murdoch Co-Chief Operating Officer

James Murdoch- CEO

Murdoch has been with the Fox corporation for over 20 years, over these years, he has held a variety of different leadership positions in the company. He was appointed as the CEO in 2015.

Lachlan Murdoch- Executive Chairman

L. Murdoch has been in the communications industry for over twenty years. Some of his past leadership positions for the company include: Board of Directors member, Deputy Chief Operating Officer, and Co-Chairman of the corporation.

Rupert Murdoch- Executive Chairman

R. Murdoch has served as both the CEO and Chairman of the company, a role that he had since 1979 when the corporation was known as “News Corporation” . R. Murdoch was appointed to his current position as Executive Chairman of the company on July 1st, 2015.

Reed Nolte- Executive Vice President of Investor Relations

Before becoming an executive at 21st Century Fox, Mr. Note held a variety of different financial positions at communications companies. Most notably, he was the Assistant Treasurer at Paramount Communications. Additionally, Mr. Nolte was previously the Vice President of Investor Relations at Viacom.

Julie Henderson- Chief Communications Officer

Ms. Henderson is the Chief Spokesperson for the company. Her previous experience in Public Relations and the communications field extensive; she has worked as the Senior Vice President of MPRM Public Relations and also Fox Interactive Media. Ms. Henderson has been apart of the 21st century fox team since 2012 when she took her current position.

John Nallen- Senior Executive Vice President, Chief Financial Officer

John Nallen assumed his current role at 21st century fox in July of 2013. Mr. Nallen originally joined the “News Corporation” back in 1995 after working at Arthur Andersen as a partner.

[2]

Brief Overview:

Twenty-First Century Fox is one of the largest mass media conglomerates in the world. The four major segments of this company include cable network programming, television, filmed entertainment, and direct broadcast satellite television. Twenty-First Century Fox is parent organization to many subsidiaries. For instance, Fox Entertainment Group is a subsidiary of which are many of Fox’s well-known divisions, such as FOX News Channel, Twentieth Century Fox Film, and Fox Network Group. Going even further, Fox Network Group is the parent of many other subsidiaries as well, one of them being Fox Broadcasting Company. [3]

[4]

FOX Broadcasting Company, like other traditional television outlets, is experiencing declining viewership. This is partly due to the fact that media consumers are embracing newer digital platforms, which leads broadcasting networks like FOX to be dependent on the news and coverage of national and international events, such as the 2016 Summer Olympics, the 2016 Election, and general sports coverage. For instance, FOX is hopeful that its coverage of the Super Bowl in 2017 will boost ratings as it did in the past. [5]

Finances:

Stock Price:

The stock of the 21st century corporation, has not changed much since the beginning of the year through the current fourth quarter of stock trading. The peak point of the stock price in 2016 was on April 25th, 2016 at $31.06. The lowest point of the stock price was on September 9th, 2016 when the stock price was $23.57. Since this low point, the stock has only rebounded to the point where it is as of Mid-November (Nov 15th, 2016) at $27.45. [6]

Revenue:

For the fiscal year 2015, the revenue for 21st Century Fox was $28.99 billion dollars and the the revenue for the 2016 fiscal year was $27.33 billion. In Quarter 4 of 2016, the company beat expert’s estimates coming in at $6.65 billion. This marked at 7% increase over the prior year’s Quarter 4 results. [7] As of 2016, 21st Century Fox is the 4th highest grossing media company in the world, only behind Alphabet, The Walt Disney Company, and Comcast. [8]

Current Projects/ Recent Releases:

Some Fox films in theaters now include: Trolls, Keeping Up with the Jones, and the recent release Rules Don’t Apply.

Rules Don’t Apply

Rules Don’t Apply was released by Twenty-First Century Fox on November 23rd, 2016, two days prior to Thanksgiving. There are many Thanksgiving releases this week from competing studios such as: Moana from Walt Disney Studios and Bad Santa 2 from Broad Green Pictures. We’ll see how Rules Don’t Apply performs in comparison to the films from other studios. Their last release, Trolls, was expected to gross 35 to 40 million, yet ended up grossing $45.6 million in its first week. [9]

Assassins Creed

[10]

Assassins Creed is based on the video game franchise and will hit theaters on December 21st, 2016. Several sources in the trade say that Assassins Creed won’t make money. The movie budget has not been released yet, but it is estimated to be between $100-200 million.[11] With a movie budget that high it could be hard to break even.

Listed in the image below are future releases to look out for:

[12]

What’s happening/ News:

On July 26th, 2016 former Fox CEO and Chairman, Robert Ailes, resigned from his position. Ailes was replaced by successor Rupert Murdoch. [13] The scandal broke out when Gretchen Carlson, an ex Fox News Anchor, filed a sexual harassment lawsuit against Ailes. Carlson won the case and received a settlement of $20 million from Fox. Afterward, dozens of other female workers at Fox came forward also accusing him of sexual harassment. Megyn Kelley, a Fox News Journalist, writes about her experience of sexual harassment from Robert Ailes in her new book Settle For More, released on November 15th, 2016. When corporate leaders are misogynistic and abuse their power, it shows a lot about the culture of the studio. The scandal has caused public-relation issues for Fox. Hopefully Murdoch assuming this position of power will end favorably. [14]

On another note, on Election Day 2016, FOX News debuted a new studio in honor of the company’s 20th anniversary. The studio cost $30 million. [15]

[16]

However, despite the new glitzy studio, FOX was still outnumbered by its opponents in the news sector of election coverage ratings; FOX News averaged 3.25 million viewers, putting it in fourth place behind NBC, ABC and CBS consecutively. [17]

However, Bill Shine and Jack Abernethy, the co-presidents of FOX News Channel, are both certain the new studio will lead to success. After gathering colleagues in the new studio, Abernethy assured them: “Our records show that about a little over 190 people have been here from the very beginning, continuously,” Jack said. “Most of you, like me, have been here for only a portion of that time. As I get reacquainted with folks, I find tremendous amount of pride in what we do here – I can assure you that Bill and I are going to do our very best to innovate.” [18]

Future Outlook:

An article written for Forbes suggests that three factors will spur growth for 21st Century Fox. These factors are:

Increasing advertising revenue due to premium content
- Because more than half of 21st Century Fox’s revenue comes from subscriptions and advertising, and based on recent success in ratings, it is likely that both consumers and advertisers alike will be drawn to the content. An example of a movie that indicates the recent success of the company’s content is Deadpool,
The ability to stream media
- With a 30% stake in Hulu, the company can compete with other media-streaming powerhouses like Netflix. With the addition of live streaming television on Hulu next year, FOX can expect a boost in revenue. Fox is also hoping to make streaming arrangements with Sony and Sling TV.
Entertainment production (both film and television)
- With an expected increase from $2.3 billion within the next year in terms of licensing revenues, and 20% of Fox’s value grounded in the production of film and television series, Fox is expecting growth and loyalty from distributors as new distribution platforms continue to emerge. [19]

Sources:

[1] “21st Century Fox Logo | Logok.” Logok. May 08, 2014. Accessed November 16, 2016. http://logok.org/21st-century-fox-logo/.

[2] “Executive Team.” Executive Team | 21st Century Fox. N.p., n.d. Web. 29 Nov. 2016. https://www.21cf.com/management/executive-team.

[3] “Businesses.” Businesses | 21st Century Fox. Accessed November 16, 2016. https://www.21cf.com/businesses.

[4] “Businesses.” Businesses | 21st Century Fox. Accessed November 16, 2016. https://www.21cf.com/businesses.

[5] Great Speculations. “Fox’s Broadcasting Revenue Growth Is Largely Dependent On Its Sports Programming.” Forbes. February 9, 2016. Accessed November 16, 2016. http://www.forbes.com/sites/greatspeculations/2016/02/09/foxs-broadcasting-revenue-growth-is-largely-dependent-on-its-sports-programming/#65c1dd6269b3.

[6] “21st Century Fox Inc. Cl A.” FOXA Stock Quote – 21st Century Fox Inc. Cl A Stock Price Today (FOXA:NASDAQ) – MarketWatch. N.p., n.d. Web. 29 Nov. 2016. http://www.marketwatch.com/investing/stock/foxa.

[7] Statista. “Revenue Generated by 21st Century Fox in the Fiscal Years 2011-2016. Accessed November 27th, 2016. https://www.statista.com/statistics/262513/21st-century-foxs-annual-revenue/

[8] O’Reilly, Lara. “The 30 Biggest Media Companies in the World.” Business Insider. Business Insider, 31 May 2016. Web. 29 Nov. 2016. http://www.businessinsider.com/the-30-biggest-media-owners-in-the-world-2016-5/#4-21st-century-fox–1867-billion-in-media-revenue-27.

[9] “‘Rules Don’t Apply’ Roundtable with Warren Beatty and Key Crew.” IndieWire. N.p., 27 Nov. 2016. Web. 29 Nov. 2016. http://www.indiewire.com/2016/11/rules-dont-apply-warren-beatty-crew-roundtable-interview-1201749928/.

[10] Nicolas Wright & James A. Woods and Dean Devlin & Roland Emmerich and James Vanderbilt. “Independence Day: Resurgence.” Independence Day: Resurgence | 20th Century Fox. N.p., n.d. Web. 29 Nov. 2016. http://www.foxmovies.com/movies/independence-day-resurgence.

[11] “Ubisoft Doesn’t Think Assassin’s Creed Movie Will Be Very Profitable.” Screen Rant. N.p., 08 July 2016. Web. 29 Nov. 2016. http://screenrant.com/assassins-creed-movie-ubisoft-box-office-predictions/.

[12] “20th Century Fox Upcoming Releases.” 20th Century Fox Upcoming Releases. N.p., n.d. Web. 29 Nov. 2016. http://www.boxofficemojo.com/studio/chart/?view2=upcoming&view=company&studio=fox.htm.

[13] 21 CF Staff. “Roger Ailes Resigns as Chairman and CEO of Fox News Channel and Fox Business Network, and Chairman Fox Television Stations”. 21st Century Fox Press Releases. July 21, 2016. Accessed November 22, 2016. https://www.21cf.com/news/21st-century-fox/2016/roger-ailes-resigns-chairman-and-ceo-fox-news-channel

[14] Grynbaum, Michael. “Fox Settles With Gretchen Carlson Over Roger Ailes Sex Harassment Claims“. The New York Times. September 6, 2016. Accessed November 23, 2016. http://www.nytimes.com/2016/09/07/business/media/fox-news-roger-ailes-gretchen-carlson-sexual-harassment-lawsuit-settlement.html

[15] 21 CF Staff. “FOX News Channel Celebrates Its 20th Anniversary by Introducing a New State-of-the-art Studio to Debut on Election Day.” FOX News Channel Celebrates Its 20th Anniversary by Introducing a New State-of-the-art Studio to Debut on Election Day | 21CF BLOG. October 7, 2016. Accessed November 16, 2016. https://blog.21cf.com/blog/2016/10/07/fox-news-channel-celebrates-20th-anniversary-new-studio.

[16] “Fox News Unveils Nearly $30 Million Election-Night Studio.” AdWeek. November 6, 2016. Accessed November 16, 2016. http://www.adweek.com/news/television/fox-news-unveils-nearly-30-million-election-night-studio-174405

[17] “Election Night Broadcast Numbers down a Bit from 2012: Tuesday Final Ratings.” TV By The Numbers by Zap2it.com. November 10, 2016. Accessed November 16, 2016. http://tvbythenumbers.zap2it.com/daily-ratings/tuesday-final-ratings-nov-8-2016/.

[18]”Fox News Unveils Nearly $30 Million Election-Night Studio.” AdWeek. November 6, 2016. Accessed November 16, 2016. http://www.adweek.com/news/television/fox-news-unveils-nearly-30-million-election-night-studio-174405

[19] Forbes. “These Three Factors Could Drive Growth For 21st Century Fox In Future”. September 27, 2016. Accessed November 28, 2016. http://www.forbes.com/sites/greatspeculations/2016/09/27/these-three-factors-could-drive-growth-for-21st-century-fox-in-future/#56b0884d30ae.

Yahoo!

Posted on September 30, 2015 by Rebecca Baruch

Rebecca Baruch

: Source: Bizjournals, Yahoo! Logo [20]

“We make the
world’s daily habits inspiring
and entertaining”

– Yahoo! Inc. [26]

Source: Yahoo!, CEO, Marissa Mayer [21]

YAHOO! INC.~ WHO WE ARE

Yahoo! Inc. is a technology company that provides a variety of services for its online users. It was founded by Stanford University graduates and classmates, Jerry Yang and David Filo in 1994. It became incorporated later in 1995. A year later, in April 1996, it became a publicly traded company [1]. Since then Filo has stayed on as one of the company’s key executives, returning to its Board of Directors in 2014 [2].

Its current CEO, Marissa Mayer, who stepped into the position in 2012, worked previously at Google as one of its executives and helped develop many of its popular services like Google Maps and Gmail. She is the sixth person to take over the position of Yahoo! Inc.’s CEO since 2007 [3].

A majority of Yahoo! Inc.’s profits are gained not through subscriptions or payments from its users but rather through selling advertisement space on its various websites [4].

Source: Youtube, Yahoo! Commercial [29]

Yahoo! Inc.’s international presence reaches users in over fifty countries worldwide. Some of their main services include Yahoo! Search, an Internet search engine to help navigate users through online data and websites. It also has original and partnered content on services like Yahoo! News, Yahoo! Finance and Yahoo! TV [5].

Source: Flickr, Flickr Logo [22] Source: Tumblr, Tumblr Logo [23]

It also acquires smaller online enterprises in order to boost their research and reach on the ever-growing web. Back in June 2013 the company bought the popular blog website, Tumblr for $1.1 billion [6]. Yahoo! Inc. also has had, Flickr, the popular photo-managing site since 2005 [7]. These types of acquisitions were not only meant to increase profits, but to also understand the mindset and lifestyle of their users [6].

YAHOO! INC.~ Financials

This past third-quarter revealed that Yahoo! Inc.’s revenue was $1.23 billion. Last year’s quarter the company accumulated $1.15 billion in revenue [8]. Despite the increase in revenue, the company did not reach expected targets as they were predicted to make $1.26 billion in revenue this quarter. As well, rather than reaching $0.17 per share, the company ended up being valued at less than $0.10 per share. Yahoo! Inc.’s underperformance this quarter is disappointing to its potential investors and current stakeholders [9].

Source: Alibaba, Alibaba Logo [24]

Yahoo! Inc. holds a 15% stake in Alibaba Group Holding Ltd., which is an e-commerce company that provides services such as an online shopping search engine and electronic payments for businesses and customers. Alilbaba Group Holding Ltd.’s stock value has dropped 38.7% this past year. Yahoo! Inc. came up with a recovery plan to sell shares from their investment, but that will unlikely be implemented. Recently, the IRS rejected a deal Yahoo! Inc. was planning on making that would spin-off 384 million shares [10].

Source: Google, Google Logo [25]

Yahoo! Inc. struck up a deal with Google this past October that will last until 2018. Google will be providing Yahoo! Inc. with search advertisements. Google will then give Yahoo! Inc. a percentage of the revenue earned. Google will also disclose web search results and other data from users to Yahoo! Inc. to benefit its market research [11]. This information can be accessed from a variety of devices including, but not limited to, tablets, laptops and desktop computers. This non-exclusive deal still allows Yahoo! Inc. to work with other companies such as Microsoft, who they have worked with in the past. This deal will hopefully boost the company’s profits and help it have a greater understanding of its users [12].

YAHOO! INC.~ Leadership

Source: Business Insider, Marissa Mayer [27]

Much of Yahoo! Inc.’s financial difficulties have been attributed to the leadership style of the company. Its latest CEO, Marissa Mayer, has been suffering from a lot of criticism. This new CEO came aboard, knowing that she would have to fix a company that was dealing with a problematic system. She is seen as an inspirational figure for women in a predominately male dominated industry [13]. Over the years Mayer has come under fire for controversial policies and personal decisions. Overall, she uses her knowledge of the business, is the youngest CEO in history to run a Fortune 500 company and has a youthful perspective she uses to try and turn around Yahoo! Inc. in all of its failing sectors [14].

Source: CNN, Marissa Mayer [14]

Mayer’s decisions have not benefited Yahoo! Inc. in the way that she intentioned them to. With Tumblr, Flicker and other acquisitions not making the promising profits that they were thought to have and the Alibaba deal being halted by the IRS, bringing Yahoo! Inc. out from its financial distress, does not seem to be a reality [15].

Although the deal with Google has potential to bring both greater profits and user data to Yahoo! Inc. the benefits of that deal will not be seen for many years to come. Investors are asking for Mayer to either resign or to be ousted from the company altogether. In her near four years as CEO, Mayer has spent around $7 billion in acquisitions and has been unable to turn a profit from those investments. For this reason and others many question her leadership skills and whether she can bring the company together. Mayer may soon be fired by Yahoo! Inc.’s Board of Directors [15].

Mayer herself disagrees with the investors’ and the public’s view of a failing company. Mayer believes that the new initiatives she has put in place will soon pay off and bring the company back to its original days of success. Mayer is only one of half a dozen CEOs who have come and gone in the past decade at Yahoo! Inc. [15]. The company has also had executives leave as well, like the loss of their Marketing Chief to STX Entertainment, so it would be no surprise to see Mayer take her exit [16]. This type of shake up in the hierarchal system may be one of the reasons that Yahoo! Inc. is having issues with its services and ability to make a profit, because of its lack of strong and consistent leadership.

YAHOO! INC.~ The future

Source: Vserv, Yahoo! Logo [28]

Overall, Yahoo! Inc. has gone from a search engine focused company to one focusing on its media presence. This has been done unsuccessfully and for this reason its board will be meeting several times the first week of December of 2015 in order to make some executive decisions about leadership and what the future of Yahoo! Inc. looks like as a company [17].

Yahoo! Inc.’s constant replacement of CEOs has rocked the company’s structure and efficiency. It needs a new strategic business plan in order to stay competitive in its markets. Since the Alibaba deal went south, there is going to be a last effort to boost stock value of Yahoo! Inc. by potentially selling the company’s core assets. Considering that Yahoo! Inc. shares have gone down 35%, this seems like a strategically intelligent move [18].

After rumors of this potential sale circulated through investors and outside parties, Yahoo! Inc.’s stock value boosted by 5.6%, showing that the public views this sale as a potential solution to the company’s problems [19].

The future of Yahoo! Inc. is unclear, both in leadership and in its financial state. Despite this, it is not a lost cause, it has the potential for growth and greater success.

Sources

[1] Yahoo! Inc. Success Story. Success Story. Retrieved: November 28th 2015.

[2] Musil, Steven. (April 16th 2014). Yahoo co-founder David Filo nominated to return to board. CNET. Retrieved: November 29th 2015.

[3] Efrati, Amir & Letzing John. (July 17th 2012). Google’s Mayer Takes Over as Yahoo Chief. The Wall Street Journal. Retrieved: November 28th 2015.

[4] Peterson, Tim. (October 21st 2014). Yahoo Now Makes More Money From Search Ads Than Banners. Adage. Retrieved: December 1st 2015.

[5] Products and Services. Yahoo!. Retrieved: November 12th 2015.

[6] Isidore, Chris. (May 20th 2013). Yahoo buys Tumblr, promises to not ‘screw it up’. CNN Money. Retrieved: November 29th 2015.

[7] Geron, Tomio. (August 2013). A Look Back At Yahoo’s Flickr Acquisition For Lessons Today. Tech Crunch. Retrieved: November 29th 2015.

[8] (October 20th 2015). Investor Relations. Yahoo!. Retrieved: October 22nd 2015.

[9] Pramuk, Jacob. (October 20th 2015). Yahoo cuts Q4 guidance after earnings miss. CNBC. Retrieved: October 22nd 2015.

[10] Cornell, Joe. (October 1st 2015). Yahoo’s Alibaba Spin-Off On Track. Forbes. Retrieved: November 29th 2015.

[11] Riley, Duncan. (October 21st 2015). Back to the future: Yahoo returns to Google’s loving embrace with new search and ad deal. Silicon Angle. Retrieved: December 1st 2015.

[12] Rosoff, Matt. (October 20th 2015). Yahoo has signed a deal with Google to provide search ads. Business Insider. Retrieved: November 29th 2015.

[13] Gustin, Sam. (July 18th 2012). The Ten Most Influential Women in Technology. Time. Retrieved: December 1st 2015.

[14] La Monica, Paul R. (October 21st 2015). Marissa Mayer STILL hasn’t fixed Yahoo. CNN Money. Retrieved: December 1st 2015.

[15] (November 27th 2015). For Yahoo CEO Marissa Mayer, the clock is ticking. CBS Money Watch. Retrieved: November 28th 2015.

[16] Jones, Dow. (September 11 2015). Yahoo Marketing Chief to Join STX Entertainment. Nasdaq. Retrieved: November 29th 2015.

[17] Poletti, Therese. (December 1st 2015). Selling Yahoo’s core business would be complicated. Market Watch. Retrieved: December 1st 2015.

[18] Goldman, David. (December 1st 2015). Yahoo could be looking for a buyer. CNN Money. Retrieved: December 1st 2015.

[19] (December 1st 2015). Yahoo shares spike on report company may sell core assets. CNBC. Retrieved: December 1st 2015.

[20] Yahoo! Logo. Biz Journal. Retrieved: December 1st 2015.

[21] Yahoo! Executive Team. Yahoo!. Retrieved: December 1st 2015.

[22] Flickr Logo. Flickr. Retrieved: December 1st 2015.

[23] Tumblr Logo. Tumblr. Retrieved: December 1st 2015.

[24] Alibaba Logo. Alibaba. Retrieved: December 1st 2015.

[25] Google Logo. Google. Retrieved: December 1st 2015.

[26] Yahoo! Quote. Yahoo!. Retrieved: November 29th 2015.

[27] Marissa Mayer Photo. Business Insider. Retrieved: December 1st 2015.

[28] Yahoo! Logo. Vserv. Retrieved: December 1st 2015.

[29] Yahoo! Commercial. Youtube. Retrieved: December 1st 2015.

Comcast – NBCU – (broadcast properties)

Posted on March 25, 2015 by Christian Aleksandrov

by CHRISTIAN ALEKSANDROV

About

NBCUniversal is one of the world’s mass media conglomerates. Founded in 1926 as the National Broadcasting Corporation, Inc. (NBC), the company steadily expanded domestically and internationally, owning and operating a vast portfolio of broadcasting networks, cable channels, and online platforms, as well as, motion picture production and distribution enterprises, and several amusement parks.

The company initially founded by the Radio Corporation of America. Inc, became a sole unit of General Electric in 1986. In 2004, NBC joined forces with Vivendi’s Universal Entertainment and expanded its operations out of the television broadcasting field. Since 2008, NBCUniversal is owned by Comcast, the largest cable company and home Internet service provider in the United States, becoming the world’s largest in revenue mass media group.

NBC current logo

The flagship company of Comcast’s NBCUniversal is the National Broadcasting Corporation. Inc (NBC), the oldest major broadcast network in the United States. For nearly 90 years, NBC has been offering quality news, entertainment and sports programming. One of NBC’s most popular shows are the Friends, ER, Seinfeld, Saturday Night Live, the morning show Today and Nightly News.

Key Executives

Steve Burke, Chief Executive Officer

PatPatricia Fili-Krushel
Chairman NBCUniversal News Group

Financials

Comcast’s stock prices for the last three months (CMCSA)

NBCUniversal’s most recent financial report shows that in 2014, the NBCUniversal’s revenue increased 7.5% to $25.4 billion compared to $23.7 billion in 2013, making the company and specifically its broadcasting division NBC, Comcast’s major earnings booster. The Sochi Olympics was the event that brought most of the revenue to the company. Even excluding $1.1 billion of revenue generated by the Sochi Olympics in the first quarter of 2014, the revenue still increased 2.9%. Contributing to the standout performance in 2014 was also the 18% growth in operating cash flow. As of April 17, 2015, the price one Comcast’s share on NASDAQ is 58.42, which is close to the company’s record high of March 6, 2015. The report for the first quarter of 2015 has not been released yet.

Programming

NBC broadcast one of the most watched morning, daytime, primetime and late night programs. However, the current 2014-2015 television season is expected to be less successful than the previous season, when NBC was named most watched network by adults 18-34. While shows like Blacklist, Tonight Show starring Jimmy Fallon, and Modern Family attracted enough audience to remain on the top of the ratings, other newly launched programs like the Slap, and A to Z were canceled after a couple of episodes.

Click here to find more infomation about the current programming schedule on NBC.

Controversies in NBC News

Pat Fili-Krushel, Brian Williams, Tom Brokaw, Andy Lack, Deborah Turness, and Steve Burke.
Photo Illustration by Sean McCabe; Courtesy of Vanity Fair.

In the last five years, shortly after Comcast’s acquisition of the company, NBCUniversal has been experiencing serious issues with the performance, popularity and credibility of its news division – NBC News. Lower ratings, higher competition, personnel problems, and unprofessional business and media practices caused concerns about the current state and future performance of the broadcasting network, and hurt the image of the media conglomerate as a whole.

The controversies in NBC News date back to 2012 and the surprising and “very public” departure of NBC’s morning show host, Ann Curry, from the program. Curry was replaced by Savannah Guthrie just after a year on the air as co-host of Today due to low ratings. Her departure however caused a negative response from the public due to rumors for backstage rivalry between her and co-host Matt Lauer as cause for her replacement. Even though Curry remained in the network for 3 more years after, she made only occasional appearances on the screen, which led to her departure from NBC News in 2015.

Similar to the case with Today show, NBC News Sunday morning show Meet the Press, under the moderation of David Gregory, struggled with achieving the high ratings of its predecessor Tim Russert. This led to Gregory’s encouraged by the network departure from the program in 2014, and, indeed, to another controversial personnel replacement for NBC News.

However, the greatest challenge for the news division of NBC came in 2015. On February 4 broadcast of Nightly News, the most watched news program in the United States for years, Brian Williams, the host and managing editor of Nightly News, confessed that he had reported a misinterpreted information about an incident from the War in Iraq in 2003. Williams apologized for the story he had told on the January 30 Nightly News broadcast, and back on March 26, 2003 that a military helicopter he was traveling in had been forcibly taken down by an RPG. Shortly after, NBC News President Deborah Turness decided to suspend Williams for six months without being paid in order to quell the scandal, but the news about his false reporting remained in the agenda of most media outlets for days.

Williams’ controversy seriously affected the credibility of NBC News. This event, together with the identity crisis in Meet the Press and Today finally led to changes in the executive personnel of the news division. A month after the scandal with Brian Williams, Andrew Lack, a former president and COO of NBC, was named the new head of NBC News, replacing the TV veteran Pat Fili-Krushel Under his supervision, Today, NBC Nightly News and Meet the Press were all on the top of the ratings in the 90s. NBCUniversal’s executives also hope that Lack would work to improve MSNBCs low ratings momentum, as well.

Unfortunately, shots have continued to be fired at NBC News credibility. On April, 16, 2015, after a thorough investigation initiated by New York Times and only two months after Williams’ suspension, NBC News revised another report. This time of the 2012 kidnapping of its chief foreign correspondent, Richard Engel. In the statement, NBC said that Engel’s reporting that he had been abducted by the forces of Syrian President Bashar al-Assad, was incorrect. In fact, he was kidnapped by the Sunni militants, who at that time were supported by the United States. The public response and NBC’s further actions regarding the case are yet to be detirmined.

What’s next?

Even though NBCUniversal has been contributing to the growth of its parent company Comcast with high ratings and increasing revenue, the recent controversies behind the news division of the company had been hurting the public image of the media conglomerate. With the new changes in the executive figures, the company is hoping to bring back the old leadership of the flagship news programs and to make them equally successful as NBCs primetime programs The Voice, The Blacklist, Tonight Show and Saturday Night Live. It’s still not determined what Andrey Lack’s plans are for the future of NBC News – would he keep Brian Williams and bring him back next fall, or he would replace him with his current interim Lester Holt, who continues to bring relatively high ratings for Nightly News. On the primetime schedule, NBC is hoping to attract more audience with some new shows – Eva Longoria’s comedy Telenovela, David Duchovny’s limited series Aquarius and Will and Grace’s star Megan Mullally new futuristic dramedy Apocalypse. NBC’s upfront, when the company is officially reveiling its plans for the upcoming television season is scheduled to be on May 11, 2015.

Sources

[1] NBC Logo. Retrieved April 17, 2015, from http://awfulannouncing.com/2013/cbs-sports-chairman-sean-mcmanus-on-that-other-pregame-show-concussions-and-fantasy-football.html

[2] NBCUniversal Who we are. Retreived April 17, 2015 from http://www.nbcuniversal.com/who-we-are

[3] Steve Burke. Retrieved November 18, 2014, from http://www.nbcuniversal.com/who-we-are

[4] Patricia Fili-Krushel. Retreived April 17, 2015 from http://www.nbcuniversal.com/who-we-are

[5]Andrew Lack Returns to NBC As News Chief, Will Face Challenges Restoring Credibility. Retreived April 17, 2015, from http://variety.com/2015/tv/news/andrew-lack-will-face-challenges-in-return-to-nbcu-as-news-chief-1201447765/

[6] Ann Curry Out At NBC News; Forming NBCU-Backed Startup – Update. Retrieved Retreived April 17, 2015, from http://deadline.com/2015/01/ann-curry-leaving-nbc-news-today-show-1201349168/

[7] NBC: Brian Williams Suspended for 6 Months. Retrieved April 17, 2015 from http://www.usatoday.com/story/money/2015/02/10/brian-williams-nbc-suspended/23200821/

[8] NBC News Alters Account of Correspondets Kidnapping in Syria . Retrieved Retreived April 17, 2015, from http://www.nytimes.com/2015/04/16/business/media/nbc-news-alters-account-of-correspondents-kidnapping-in-syria.html?ref=media

[9] Pilot Season for ABC, CBS, CW, FOX, and NBC 2015-2016. Retreived April 17, 2015, 2014, from http://tvline.com/2015/01/29/pilot-season-abc-cbs-cw-fox-nbc-2015-2016/6/

[10] NBC Greenlight 10 Episode Futuristic Dramedy Apocalypse Starring Rob Lowe and Megan Mullaly. Retreived April 17, 2015, from http://tvbythenumbers.zap2it.com/2015/01/21/nbc-greenlights-10-episode-futuristic-dramedy-apocalypse-starring-rob-lowe-megan-mullally/353254/

[11]The Inside Story of the Civil War for the Soul of NBC News.Retreived April 17, 2015, from http://www.vanityfair.com/news/2015/04/nbc-news-brian-williams-scandal-comcast

[12] Comcast Repots 4th Quarter and End of the Year 2014 Results. Retreived April 17, 2015 from http://www.cmcsa.com/releasedetail.cfm?ReleaseID=897872

Cablevision

Link

by Steven Spohr

Summary

Source – Cablevision.com

Founded in 1973, Cablevision Systems Corporation is a leading telecommunications company that primarily offers television, phone, and Internet services to millions in the NY metropolitan area. Initially serving a mere 1,500 customers on Long Island, Cablevision has since expanded to offer WiFi, a leading local newspaper, and business communications solutions to its over 3 million subscribers. Former properties include Madison Square Garden and Rainbow Media Holdings. [1]

Source – Optimum.com

Cablevision’s television, phone, Internet, WiFi, and business solutions all operate under the ‘Optimum’ brand name. These include (but are not limited to) –

Optimum TV – exclusive home of News 12 Networks, a series of local news channels
Optimum Voice
Optimum Online
Optimum WiFi
Optimum Lightpath – a “leading provider of integrated business communications solutions that meets the needs of larger companies” [1]

Source – www.newsday.com/

Cablevision also owns Newsday Media Group, which runs two local papers. Newsday is a Pulitzer Prize-winning daily newspaper that has been in circulation since 1940. Over 70% of Long Island adults read Newsday, and its articles and reporting have won numerous awards and made it the top paper on Long Island. To provide the most local news possible, Newsday works closely with MSG Varsity (part of the News 12 Networks) to provide detailed coverage of local high school and college sports. amNewYork offers a quick read of city news and events. In addition to the papers, NMG owns Star Community Publishing, which producers weekly shopper publications in Long Island and Queens. It is the largest publisher of its kind in the Northeastern United States. [2]

Leadership

The Dolan family founded Cablevision and continues to lead the company today. Key personnel include [3] –

Charles Dolan – Founder and Chairman / Source – Sean Smith, The Boston College Chronicle

James Dolan – Chief Executive Officer / Source – Al Iannazzone, Newsday.com

Kristin Dolan – Chief Operating Officer / Source – Variety.com

Brian Sweeney – President / Source – POST Online Media

Gregg Seibert – Vice Chairman and Chief Financial Officer / Source – Business Wire

Hank Ratner – Vice Chairman / Source – The Madison Square Garden Company

Financials

A detailed map of Cablevision’s stock pricing in 2014. / Source – Yahoo! Finance

2014 has seen Cablevision’s stock (CVC) prices gradually increase throughout the year. Starting the year at $17.22/share, CVC stock stands at $20.32/share as of November 29th. February 3rd saw the year’s low of $15.85. Prices peaked in late July, mid-September, and late November. [4]

The following financial information is from Cablevision’s Third Quarter 2014 Results.

Net revenue increased 3.7% to $1.62 billion.
Cable advertising revenue grew 6.8%
Average Monthly Cable Revenue per Customer increased 5.7% to $154.50/customer/month. [5]

These figures represent a continued loss of subscribers for Cablevision across the board. Between satellite TV providers, rival phone companies, and the public’s shift to watching TV online, Cablevision’s audience is becoming fragmented. The company chose to increase its subscription rates in response to decreasing numbers, which is represented by the net revenue and AMCR/C increases. [6]

Recent News

The latter half of 2014 has been a busy one, with notable hirings, financial news, legal troubles, and more.

August 4th

August 4th saw Cablevision’s announcement that it has hired David Dibble as Chief Technology Officer, a newly-created role. Dibble is formerly of Yahoo!, and his hiring is part of Cablevision’s efforts to “become the premier connectivity provider in the market, delivering a peerless customer experience”. [7]

November 7th

A New York Times article revealed a major legal proceeding against Cablevision. The National Labor Relations Board has charged Cablevision CEO James Dolan with “illegally threatening to deny company technicians in Brooklyn a pay increase unless they voted to quit their union”. The NLRB also charged Cablevision itself with “illegally [undermining] the union’s representation of those workers by sponsoring a nonbinding poll to determine whether they wanted to leave their union”, while some workers reported they were being ‘spied on’ during the vote. Federal law states that such a vote can only be conducted by the labor board, not the company. CEO Dolan fired back, calling the NLRB “a tool of Big Labor” and questioning the validity of its findings. The case is ongoing, and Cablevision has stated it will appeal to federal courts, if necessary. [8]

CEO Dolan has plenty of reasons to be frustrated, especially with his ongoing legal troubles with the National Labor Relations Board. / Source – ESPN.com

November 11th

Cablevision teamed up with Time Warner Cable to release the first ever “New York Television Audience Insights Report”. The report sampled the 3.5 million subcribers of Cablevision and TWC in the New York area, which is half of the TV homes in the region. Its aim was to help advertising and marketing departments and companies get better value out of their advertising purchases. Some key findings include –

74% of all TV programming watched was outside of traditional TV ‘prime time’ (8-11PM).
On average, a subscriber will only watch 25 channels in a month.
a whopping 90% of all viewing comes from a mere 100 channels. [9]

These new insights will help create better statistics for TV viewership and aid advertisers in spending money more efficiently.

November 18th

New York City Mayor Bill de Blasio announced that the city is planning an extensive new WiFi network across the five boroughs. The project, dubbed LinkNYC, would provide not only free WiFi, but also no-cost domestic calling and video chat. The 10,000 hotspot system would replace the city’s decaying network of archaic payphones and operate completely with money generated through advertising. Projected to cost around $200 million, LinkNYC would bring in over $500 million over the next twelve years, according to city officials.

This announcement led some to think Cablevision’s Optimum WiFi network would be threatened by this new, massive competition. Cablevision officials have not only dismissed these musings, but have actively worked with New York City on a number of initiatives, possibly including LinkNYC itself. [10]

Mayor-Elect De Blasio Makes Announcement

Mayor de Blasio’s ambitious project looks to dramatically improve WiFi services within the five boroughs. / Source – PIX 11

November 22nd

The Lewisboro Ledger revealed that Cablevision has a new deal with the town of Lewisboro (Westchester County). The deal, which primarily concerns franchising fees, has a number of key improvements –

Over $270,000 in new franchising fees are expected in 2015.
Free cable would be provided to 16 municipal and school buildings, including the public library.
New offers would include a senior discount for those aged sixty-five and older.
Town Board meetings would become available for live-streaming.
The town’s parks and baseball fields will become WiFi-equipped. [11]

November 25th

Kids video-on-demand network Kabillion announced a carriage deal with Cablevision. Kabillion, which is the only independently-owned VOD network ranked in the Top 10 Kids Free On Demand list, will now reach over 50 million homes nationwide. The deal is beneficiary to Cablevision too, as Kabillion reports views exceeding 65 million in 2014. [12]

Bibliography

Spotify

Posted on March 15, 2014 by Hannah Friedland

By Hannah D Friedland

[1] Spotify’s Logo

THE SPOTIFY STORY:

[6] The most updated visuals of the Spotify application on thee platforms

[2] The most updated visuals of the Spotify application on thee platforms. Users have an on-demand stream of music on their computer, mobile device, tablet, and home entertainment system.

Spotify is a music streaming service that puts users in control of 20 million licensed songs [3]. Spotify was launched in Sweden in 2008 and came to America in 2011.

Spotify is financially a private company that offers over 20,000 new songs each day from major and independent labels including EMI, Warner Music Group, Universal, & The Orchard [3]. Artists earn royalty when their music is played, and there are over 24 million active users currently in 55 markets [3].

There are two revenue streams, free, which is “powered by advertisers” and premium for $9.99 monthly with extra features including no ads, offline, and high-quality audio [3].

TEAM SPOTIFY:

[2] Spotify Founders- Daniel Ek & Martin Lorentzon

[4] Spotify Founders- Daniel Ek & Martin Lorentzon

[5] Chief Sales, Marketing, and International Growth Officer- Jeff Levick

[5] Chief Content Officer & Managing Director USA- Ken Parks

[6] Chief Content Officer & Managing Director USA- Ken Parks

[7] Head of Content- Steve Savoca

INSIDE SPOTIFY:

Social Media Merges with Music- Songs, playlists, and albums can be shared on the Spotify application through the "Send To" message option, or users can "post to feed" to their Facebook timeline, Twitter, and Tumblr within the Spotify application. ARROW

Social Media Merges with Music- Using the “send to”, or “post to feed” options users can message music to friends and post music to their Facebook timeline, Twitter, and Tumblr within the Spotify application. Source: Spotify

Spotify gives its users the option to connect with their social media Facebook, Twitter, and Tumblr accounts. Users can create collaborative playlists, share music, view friends music and more which provides for ample music discovery and publicity for the company on social media platforms. There is also a private session users can activate.

Two other elements that Spotify includes are apps and Discover. While these apps add dimension to the Spotify journey, Discover is essentially a constantly updated news feed.

Discover- Spotify's "news feed" feature on the desktop application, artists are recommended, concerts nearby are posted, friends listening habits are shown all based on listening habits the user has shown. Source: Spotify

Discover- Spotify’s “news feed” feature on the desktop application. Updates with releases, playlists, artists recommendations, concerts nearby are posted, friends listening habits are shown all based on listening habits the user has shown. Source: Spotify

COMPETITORS:

Spotify is a strong contender, but it’s competing neck and neck with Rdio, Pandora, Rhapsody, Google Play Music, and Beats on price, catalogue, platforms, and features [8]. Beats Music entered the competitive on-demand music market in January [9], and is Spotify’s biggest challenger.

[10] Beats Music vs. Spotify- The two streaming services are extremely similar with the same catalogue size, the discovery element, and price.

Beats entry in the market put Spotify in “go-mode”.

SPOTIFY’S SITUATION:

Competitor streaming services are continually emerging. With more choices presented to consumers, Spotify has responded by shifting their focus to partnerships, acquisitions, customer satisfaction, and updated product development. The formula is to attract users to Spotify, engage with users, and retain them.

Partnerships

Last.fm

Last.fm is a music recommendation service. In January, Spotify and Last.fm teamed up to bring a beneficial on-demand playbar to Last.fm’s website. This makes it possible for Last.fm users to internally play the entire Spotify catalogue on Last.fm’s website [11].

The collaboration works in both companies favor. Last.fm users have a fuller experience with the power, “to play whatever you want by whoever you want directly on Last.fm” [12]. In addition, Spotify’s catalogue incorporation provides a huge presence and Last.fm users conveniently have motivation to signup for Spotify to take advantage of the essential music player.

The Last.Fm Spotify playbar at the bottom of Last.Fm’s website. Source: Lastfm.com

SoundHound

Spotify also joined forces with SoundHound for the “Add to spotify” feature on its iOS application in February. SoundHound is a popular music-recognition app, similar to Shazam. Banded together, SoundHound is now more interactive. After linking accounts, with the tap of a button users can automatically generate Spotify playlists of recognized songs without leaving SoundHound’s app [13].

Hitting the “Add to Spotify” button automatically turns songs discovered on SoundHound into a Spotify playlist. Source: SoundHound & Spotify

The mutually-beneficial relationship brings life to identified songs through Spotify playlists on SoundHoud, and the incentive to use the button will drive users to subscribe to Spotify while giving them presence on a music app [14].

Coachella

On top of that, Spotify was presented with an amazing opportunity to have presence on site at Coachella as the Official Digital Music Partner of the Coachella Music and Arts Festival in California in April. The Spotify Social tent was an on-site air-conditioned tent that offered relaxation pods, chargers, a “Mosaic Photo Booth” that uses your Spotify account to generate a picture out of your most played album art, and art from artist Apex [15].

[16] The Spotify Social tent, that capped at 150, gave people an air conditioning experience filled with music, more battery power, art, and a Mosaic Photobooth that puts your face on album covers based on your Spotify listening habits.

#WeWereThere was Spotify’s digital interactive strategy at Coachella to “connect, collect, share.” Implanted in every RFID wristband was the power to capture the experience by checking in and collecting custom Spotify curated playlists. The “My Coachella Story” digital snapshot let individuals create memories of their festival concert experiences with playlists gathered [16]. This collaboration not only transformed Coachella goers into premium users, but also created a special experience and built relationships by reliving the festival on Spotify.

[15] “My Coachella Story”- an example of a digital snapshot that shoes distance traveled, the path taken, playlists, artists seen etc. To participate users needed to simply connect their wrist band with their Spotify accounts, look for check ins at the festival, use the wristband to collect playlists and then after generate their digital card and share it with family and friends.

Sprint

Lastly, Beats launched with an AT&T package family plan deal. Rumors are circulating about Spotify planning to bundle with the #3 U.S. mobile carrier, Sprint [17] in April. This partnership will give Sprint customers a free trial. Customers will be able to pay for Spotify directly through their Sprint Accounts, which will help Spotify secure a greater market share and Sprint secure more data plans. Sprint and Spotify will announce the details on April 29th at a New York Event [18].

Acquisitions

In efforts to boost the “discovery” element, Spotify acquired The Echo Nest in March [19]. The Echo Nest is a music intelligence company that examines listening behavior and makes musical recommendations. Spotify paid $100 Million, with 90% Spotify equity [20]. The Echo Nest previously powered Rdio and Rhapsody, both of which ended their deals, deeming its technology invaluable to their operations right after Spotify acquired [21]. This potentially puts Spotify in the position to take The Echo Nest away from competitors.

Combing the two companies gives The Echo Nest a bigger audience and catalog, while Spotify, now with music-discovery data, will improve recommendation’s.

Customer Satisfaction

With intentions to obtain more paying users Spotify has updated its business model. In January the company announced free music shuffling on iOS with a catch, non-premium users ads play in between every few tracks [22]. In February, Spotify added the “repeat one” feature [23]. Repeat one grants users the option to repeat a single track over and over [24]. These highly requested changes illustrate that Spotify cares about users.

Working with a college students budget, Spotify slashed the premium $9.99 monthly rate to $4.99 in March [25]. They partnered with SheerID to validate eligibility. This price change is valuable because college students represent an important key demographic in streaming use [26]. This differentiates Spotify from other streaming services like Rdio and Beats that charge $10 monthly.

Unique Product Development

Competition among streaming services leads Spotify to completely redesign its user interface layout on all platforms. Spotify rolled out a sleek modernized look on April 2^nd. This major design update was the first since its launch in 2008, and to keep current it was a smart move [27].

Spotify’s New Look Video [28]

The new dramatic, dark color scheme highlights important buttons, includes circular images for people, and features square album shapes [29]. The browse tab is revised and categorized between top lists, releases, news, and moods. “Your Music”, a collection of users saved albums, songs, and artists is a new addition [30]. The Your Music addition mimics iTunes library and it is comparable to Rdio’s “collection” feature. It helps users save, organize, and browse through their favorite music. The new layout feels unified and balanced, and should attract new users [31].

WHATS NEXT FOR SPOTIFY:

Spotify is headed in the right direction, but with downloads declining, new rival services like YouTube, Apple, and Amazon that have huge user bases are joining the streaming market [32].

Being active puts Spotify in the forefront, which looks great for Investors. It is rumored that an IPO is in Spotify’s near future. Though the company has declined all comments, a job advertisement for an “External Reporting Specialist” has been posted on their website and LinkedIn [33]. Their future looks competitive but successful.

Sources:

1. Spotify’s Logo 2014, Spotifypress.com, RT: 4/04/2014

2. Spotify’s Application on Three Platforms, Spotifyblog.com, RT: 4/01/2014

3. Spotify Press Fast Facts, Press.Spotify.com, RT: 4/01/2014

4.The Founders of Spotify, Press.Spotify.com, RT: 4/01/2014

5.Spotify’s Chief Sales, Marketing, and International Growth Officer, Press.Spotify.com, RT: 4/01/2014

6. Chief Content Officer & Managing Director USA,Press.Spotify.com, RT: 4/01/2014

7. Head of Content, Press.Spotify.com, RT: 4/01/2014

8. “And The Winner Is… Best Music On-Demand Streaming Service”, Cultofmac.com, 2/18/2014, RT: 4/07/2014

9. “Beats Music Is Here”, Beats Music Blog 1/16/2014, RT: 4/08/2014

10. “Beats Music vs. Spotify: Can Dr. Dre outmix the king of streaming”, Digital Trends, 1/27/2014, RT: 4/07/2014

11. “Last.fm Bands up with Spotify to offer on-demand tracks”, CNET, 1/29/2014, RT: 4/04/2014

12. “Did Someone Say On Demand?”, Last.fm Blog, 1/29/2014, RT: 4/04/2014

13. “SoundHound Launched “Add to Spotify”, Business Wire, 2/21/2014, RT: 4/07/2014

14. “SoundHound Now Lets You Easily Add Your Discovered Music to Your Spotify Playlist”, appdevice.com, 2/24/2014, RT: 4/07/2014

15. “Coachella here we come” Spotify News, 4/7/2014 RT: 4/14/2014

16. “Spotify’s Coachella #WeWereThere Campaign: High Tech and Sweet, Sweet Air Conditioning”, Billboard, 4/11/2014, RT: 4/14/2014

17. “Sprint and Spotify Plan to Partner Up”, recode.net, 4/11/2014, RT: 4/14/2014

18. “Spotify, Sprint Plan Music Bundle To Be Unveiled This Month”, Billboard, 4/12/2014, RT: 4/14/2014

19.“Spotify Acquires the Echo Nest”, Billboard, 3/06/2014, RT: 4/02/2014

20. “Spotify Acquired Music Tech Company The Echo Nest in A $100M Deal” , TechCrunch, 3/07/2014, RT: 4/07/2014

21. “Rhapsody Kills its Echo Nest partnership following Spotify acquisition”, Venturebeat.com, 3/21/2014, RT: 4/09/2014

22. “Spotify’s free shuffle mode arrives on iPhone”, The Verge,1/08/2014, RT: 4/02/2014

23. “Repeat One”, Spotify News Blog, 2/07/2014, RT: 4/08/2014

24. “Spotify users can now repeat the same song over and over and over again”, Hypbot, 2/10/2014, : 4/02/2014

25. “Spotify Offers 50% Student Discount”, Hypbot, 3/25/2014, RT: 4/02/2014

26. “Spotify introduces 50% discount for college students”, Los Angles Times, 3/25/2014, RT: 4/07/2014

27. “The Good, The Bad, The Less Ugly: Taking Spotify’s New Redesign For a Test Drive”, Billboard, 4/03/2014, RT: 4/04/2014

28. Spotify Paints It Black with New Look, YouTube, 4/01/2014, RT: 4/06/2014

29. “Spotify’s biggest redesign ever brings long awaited Collection view”, The Verge, 4/02/2014, RT: 4/07/2014

30. “Spotify paints it black with new look”, Spotify News, 4/02/2014, RT: 4/08/2014

31. “Spotify beautifies”, CNET, 4/02/2014 RT: 4/08/2014

32. “Spotify faces challenge from Internet giants before IPO” New York Post, 3/30/2014, RT: 4/14/2014

33. “Spotify seeks to hire U.S. filings expert as bankers eye IPO” Reuters, 2/17/2014, RT: 4/14/2014

CBS Radio

Posted on November 20, 2013 by Drew Brown Brown

CBS Radio- Courtesy of www.cbsradio.com[1]

By: Drew Brown

1271 Avenue of the Americas FL 44 New York, NY 10020 (212) 649-9600 www.cbsradio.com

CBS Corporation

CBS, Columbia Broadcasting System, Corporation is a mass media company that creates and distributes industry leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media.[2]

History

CBS Radio is one of the oldest units within CBS Corporation, and has been around since 1928, founded by William Paley.

With 126 radio stations in 27 markets, including all of the Top 10, and an extensive array of digital assets, CBS RADIO interacts with more than 65 million consumers nationwide each week with the latest in news, sports and entertainment. CBS RADIO distributes its programming via AM, FM and HD Radio stations, Radio.com, and CBS Local Digital Media apps, making engaging with audiences easier than ever before.[3] CBS prides itself on hiring the best on-air personalities, to creating a more personal listening experience for the people. Having frequent promotions and prizes for daily listeners, this is one of the many reasons CBS is a powerhouse in entertainment and broadcasting industry.

Executives [4][5][6][7][8]

: Dan Mason, President & CEO [4]

: Scott Herman, EVP Operations [5]

: Chris Oliviero, EVP Programming[6]

: Jo Ann Haller, Sr. Vice President & General Counsel [7]

: Micheal Weiss, President, Sales [8]

Company Dominance

CBS Radio stations thrive in all 27 different major markets. Made available in the CBS Corporation 3rd Quarter 2013 investors newsletter, CBS Radio stations continue to dominate in generating revenue. The list below shows CBS Radio stations revenue standings in the top 10 markets.[9]

[9]

CBS Radio stations set the bar high and continue to excel over both music and talk formated stations. This year, CBS Radio stations won five NAB Marconi Radio Awards, which is considered to be a top honor in radio. [10]

WBBM-AM/FM (Chicago): The Legendary Station Award
WBZ-AM (Boston): News and Talk station of the Year
WZLX-FM (Boston): Rock station of the Year
KLOL-FM (Houston): Spanish station of the Year
WVEE-FM (Atlanta): Urban station of the Year

Financials- Third Quarter 2013 Results

CBS company has received its best numbers to date for the 3rd quarter. The company has seen an increase in revenue, operating income before depreciation and amortization, operating income, and diluted earnings per share.

[11]

Sumner Redstone, CBS Executive Chairmen, had this to say about the company, “CBS’s third quarter proves once again why content is king.”[12] CBS prides itself on producing content for the viewer/listener. “Our programming is becoming more valuable all the time as we continue to take advantage of the ever-expanding multiplatform world, I know that CBS is poised for continued success for many years to come.”[13] At the close of the New York Stock Exchange on November 19th, 2013 CBS Corporation was trading at $59.60 a share. [14]

CBS Corp. Stock – Courtesy of www.marketwatch.com [14]

Recent Activity

CBS Radio company have been pioneers in the entertainment industry, always creating new ways to produce and distribute content to reach as listeners as possible. CBS radio has collaborated with with sports teams, audio companies, and has created online platforms to reach their millions of listeners.

September 2013

Launch of Fierro

Fierro Logo – Courtesy of www.radiosyndicationtalk.com [14.5]

This past September, CBS Radio teamed up with WestwoodOne to launch a new 24/7 program of regional Mexican music available to radio stations nationwide called Fierro. Jimmy Gonzalez, Vice President, Spanish Programming, for CBS RADIO stated, “Fierro’s strength lies in teaming the hottest Regional Mexican hits with some of the very best radio talent in any format” [15] This partnership with CBS Radio and WestwoodOne will benefit both companies as they continue to help promote the Spanish-language radio space. CBS Radio hope to reach more spanish speaking listeners and create niche for those listeners.

CBS & Brooklyn

Barclays Center – Courtesy of www.netsdaily.com [15.5]

CBS Radio has joined forces with the Brooklyn Nets and Barclays Center to not only gain Nets’ radio rights, but will also carry any other event that goes on in the Barclays center. This deal is valuable for both companies, more people will gain knowledge about what is happening in the Barclays Center when basketball games are not going on. Dan Mason stated, “We’re a marketing machine for them to put on more events, and we both share the success of that.” [16]

October 2013

Audio AdCenter

Audio AdCenter Logo – Courtesy of www.audioadcenter.com [16.5]

This past October CBS announced the launch of Audio AdCenter, a new means for companies to buy online audio advertisement. This deal makes it easier than ever for local companies to advertise over CBS Radio’s 125 online streams from stations in top markets. [17]

Shown below are the steps taken to create audio ad:

[18]

November 2013

Amy Stevens

Amy Stevens – Courtesy of www.allaccess.com [18.5]

CBS Radio created a new position for Amy Stevens, Senior Vice President of Strategic events and Partnerships. As a leader in local broadcasting Stevens will report to Dan Mason with ideas of new concerts and live experiences that appeal to new audiences and advertisers. Stevens has much experience in this industry as she use to work Madison Square Garden entertainment running their marketing concerts and media integration.[19] Dan Mason had this to say about Stevens and how her role will help the company flourish, “Her combination of expertise in radio promotion and close ties to the record labels and artist management will bolster our endeavors as we establish additional opportunities locally and nationally to engage with marketers and our audiences.”[20]

Building the Perfect Company

CBS Radio has and will continue to break new ground in the entertainment and Broadcasting industry. CBS Radio has shown that they are not afraid to cross media boundaries if it will overall benefit the listeners experience and also gain new listeners. CBS not only is a major force in radio but is a leader in Television. Be on the look out for what CBS Radio and Corporation has planned next, the company never fails when it comes to groundbreaking mass media ventures.

Resources:

[1]:www.cbsradio.com

[2]:http://www.cbscorporation.com/ourcompany.php?id=11

[3]: http://www.cbsradio.com/profile

[4]:http://www.cbsradio.com/executives?bio=dan-mason

[5]:http://www.cbsradio.com/executives?bio=scott-herman

[6]:http://www.cbsradio.com/executives?bio=chris-oliviero

[7]:http://www.cbsradio.com/executives?bio=jo-ann-haller

[8]:http://www.cbsradio.com/executives?bio=michael-weiss

[9]:http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjA5OTM5fENoaWxkSUQ9LTF8VHlwZT0z&t=1

[10]:http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjA5OTM5fENoaWxkSUQ9LTF8VHlwZT0z&t=1

[11]:http://finance.yahoo.com/news/cbs-corporation-reports-third-quarter-210100716.html

[12]:http://finance.yahoo.com/news/cbs-corporation-reports-third-quarter-210100716.html

[13]:http://finance.yahoo.com/news/cbs-corporation-reports-third-quarter-210100716.html

[14]:http://www.marketwatch.com/investing/stock/cbs/financials

[14.5]: www.radiosyndicationtalk.com

[15]:http://www.westwoodone.com/index.php/main-menu/press-releases/426-cbs-radio-and-westwoodone-launch-fierro

[15.5]: www.netsdaily.com

[16]:http://www.sportsbusinessdaily.com/Journal/Issues/2013/09/23/Media/CBS-Radio-Nets.aspx

[16.5]: www.audioadcenter.com

[17]:http://www.cbsradio.com/single-press/2265?filter=2013

[18]:http://www.cbsradio.com/single-press/2265?filter=2013

[18.5]: http://www.allaccess.com/net-news/archive/story/124234/cbs-radio-names-amy-stevens-svp-strategic-events-a?ref=search

[19]:http://www.cbsradio.com/single-press/2303?filter=2013

[20]:http://www.allaccess.com/net-news/archive/story/124234/cbs-radio-names-amy-stevens-svp-strategic-events-a

Univision

Posted on April 9, 2013 by jgalvare

by Juan Alvarez

(Photo courtesy of Univision Corporate website) [4]

605 3rd Ave.
New York, NY, 10158 United States
(212) 455-5200

http://corporate.univision.com

http://www.univision.com/

Key Figures

(Picture Courtesy of Univision Corporate Website) [1]

Randy Falco

Joined Univision Communications in June 2011 as President and Chief Executive Officer. Before joining the company he was Chairman and CEO of AOL. Since his arrival, Univision has added three new cable networks and steadily increased its net revenue. [1]

Cesar Conde
(Picture Courtesy of Univision Corporate Website)[1]

Cesar Conde

Mr. Conde is president of the Univision Networks and is responsible for every television network including Univision Network, Unimas and Univision Cable Network. He is also responsible for the Univision Studios which were established in 2009. He previously served as Executive Vice President of Univision Communications. [1]

Andrew W. Hobson
(Picture Courtesy of Univision Corporate Website)[1]

Andrew W. Hobson

Joined Univision Communications in 1993 as Executive Vice President of Univision Network. In 2007 he became Senior Executive Vice President and Chief Financial Officer of Univision Communications playing a vital role in the company’s recent financial growth. [1]

Profile

Univision Communications is the leading spanish broadcaster in America with a pedigree of television, radio and interactive media operations. The company’s primary audience are Latin American families in the United States. Univision Communications runs the top-rated Univision Network, as well as sister networks UniMas and Galavision. In addition, the company owns and operates about 60 local TV stations and 70 radio stations all across the nation and an online division which owns and distributes a network of online and mobile products like Univision.com. Some major competitors include TV Azteca, S.A. de C.V, Liberman Broadcasting, Inc. and NBCUniversal Media, LLC. [2] Some of the most successful current programs are Sabado Gigante, which has been on the air since 1997, and Primer Impacto since 1994.

The following video summarizes what Univision’s vision consists on:

http://www.youtube.com/watch?v=Tsf76kXaiKw

Television: The television segment owns a large number of TV stations and networks of which the most successful is Univision Network, the driving force behind the company. Univision Network has the largest spanish speaking television audience in the world and has reached parity with the 5 major english television networks outranking The CW several times. The television department also owns UniMas a spanish language broadcast television network, as well as Galavision a cable network in the U.S. In addition to the three major networks the company recently added three single format 24-hour cable networks: Univision Deportes Network, ForoTV and Univision Telenovelas. In 2009 the company founded Univision Studios, their own production division. Last year the company announced the creation of Fusion, an english language joint venture with ABC targeted at hispanic americans. [3]

Univision and ABC joint venture (photo courtesy of mediabistro.com) [10]

Radio: The radio segment owns and operates 69 radio stations in the United States. In 2003 Univision completed the acquisition of the Hispanic Broadcasting Corporation to form Univision Radio, the largest spanish language radio broadcasting company in the United States. In addition, the company founded Univision America this past summer, which is a spanish talk radio network that operates in major states like California, Texas and Florida. [3]

Univision America (photo courtesy of mediamoves.com) [11]

Interactive Media: This segment is responsible for operating a network of online products of which Univision.com is the most important. Univision interactive media was launched in 2009 to house Univision Movil and Univision.com, an online publisher that features entertainment, news and information. The interactive media segment also includes UVideos, a bilingual digital network and Univision Partner Group, a publishing network. [3]

Univision.com Homepage
(photo courtesy of Univision.com) [12]

History

In 1955 KWEX-TV, the first full time Spanish language station in America was founded. The station changed owners several times until in 1968 the new owners decided to name it Spanish International Network after buying channels in New Jersey and LA. By the mid 1970s the company had grown into a national network in the United States. In 1986 a Partnership of Televisa (a major media production company) and Hallmark cards bought the network formally naming it UNIVISION. Univision online was launched in 2000. [4]

In the past decade Univision Communications has grown in many fronts of the industry launching UniMas, formerly known as Telefutura (2002), Univision Radio (2003), Univision Studios (2009) and Univision Interactive media (2009). [4]

Financials

During 2012 Univision Communications Inc. reported a steady rise in their financials. Both their OIBDA and their total net revenue increased in comparison to the previous numbers of 2011. For the full year, net revenue increased 7.4 percent to $2,442.0 million from $2,273.5 million in 2011 and OIBDA increased 7.4 percent to $1,003.2 million from $933.9 million in 2011. Moreover the increase took place in each of the three media production areas of the company (Television, Radio and Digital). [5]

(photo courtesy of Univision Corporate financial statement 2012) [5]

In the News

January [6]:

The new revamped UniMas was launched coast to coast on January 7th premiering two prime time series that same night: Made In Cartagena and Quien eres tu.

(photo courtesy of underconsideration.com)

“Quinceañera” the groundbreaking production that catapulted Thalia and Adela Noriega is being rebroadcasted by Univision Telenovelas on January 7th.
Univision Communications announced a partnership with Samsung to carry their digital video network UVideos, in all 2013 Samsung smart TVs and connected devices.
Univision Network launches new talent competition show “Lo que mas quieres” on January 27th.

Lo que Mas Quieres ad campaign (photo courtesy of latinospost.com) [13]

February [7]:

Univision’s “Despierta America” established itself as the fastest growing morning show in the current season regardless of language registering its seven month of consecutive growth among adults 18-49 and 25-54.

Despierta America (photo courtesy of tucuentas. com) [14]

Univision’s “Premios Lo Nuestro“, which is Television’s longest running Latin music award show, aired on Feb 21 reaching 11.6 million viewers and making Univision No. 2 network for the night among adults 18-34 for fourth consecutive year.
WXTV Univision 41 New York received 22 Emmy Award nominations. According to Nielsen, Univision 41 was also the #1 newscast in the 6pm slot during the month of January.
On February 11 ABC and Univision announced their joint venture news and lifestyle network for Hispanics is being named Fusion and is set to launch during the second half of 2013.
Univision set milestone as the No 4. network in February sweeps ahead of NBC. Univision out performed NBC establishing a 26% margin among adults 18-49 and a 47% among adults 18-14.

The following video demonstrates the recent rating success of Univision.

UNIVISION COMMUNICATIONS INC from Univision Insights on Vimeo.

March [8]:

Premiere of new romantic comedy telenovela “Porque el amor manda” on Univision Network set for March 11.
“Nuestra Belleza Latina” a beauty competition show is set to launch its seventh season March 10 on Univision Network. The show includes sponsors like AT&T and Subway.

Seventh season of Nuestra Belleza Latina (photo courtesy of lagranciudad.net) [15]

The season finale of “Por ella soy Eva” made Univision stations #1 among adults 18-49 and adults 18-34 in several cities like Los Angeles and Houston and Chicago.
On March 11 Univision Radio and TuneIn announced an alliance to extend the reach of 50 terrestrial stations via TuneIn.
Univision Studios announced the premiere of “Arranque de Pasion, La historia de Ela“, an original webnovela produced exclusively for Univision Online and mobile properties set to begin April 1.

Arranque de Pasion webseries (photo courtesy of univision.com) [16]

Univision signs a major contract with DirecTV enabling the satellite provider to carry all of Univision’s own and operated broadcast stations, as well as the network feeds for Univision, UniMas, and Galavision.

Future of Univision

ABC News and Univision News merge to create Fusion in 2013
(photo courtesy of Univision Corporate Website) [4]

When it comes to its future Univision Communications seems stronger than ever. If the current trends continue the network could become a recurrent top four in the United States Television market because of the constant increase of the Latino population. Furthermore, Univision is on the verge of launching a great number of new series including “Los Heroes del Norte” (NotiMas) and “Que Bonito Amor“ (Univision), which are two long awaited primetime series set to premiere this April. Last but not least, Univision News is focusing greatly on the creation of the new joint venture with ABC news called Fusion (to be launched sometime this year). The new network will be carried by 5 cable operators and will serve 50 millions Hispanics; a number expected to double by 2050 [9]. This measures are expected to further enhance the company’s presence in the multimedia market during the next decades.

Sources

1. Key Executives http://corporate.univision.com/corporate/executive-leadership/#axzz2PxOlER2b

2. Univision Company Information Hoovers http://www.hoovers.com/company-information/cs/company-profile.Univision_Communications_Inc.a9ff6a528ba4bf61.html

3. Company Overview Bloomberg http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=352350

4. The Univision Story http://corporate.univision.com/corporate/#axzz2PxRZSjvT

5. Financial Statement 2012 http://corporate.univision.com/wp-content/uploads/2012/08/FINAL-Press-Release-Q2-2012-1.pdf

6. January Press Releases http://corporate.univision.com/corporate/press/press-releases/?date=2013-1#axzz2PxUQXB7G

7. February Press Releases http://corporate.univision.com/corporate/press/press-releases/?date=2013-2#.UWPlYqvwIx4

8. March Press Releases http://corporate.univision.com/corporate/press/press-releases/?date=2013-3#.UWPldavwIx4

9. April Press Releases http://corporate.univision.com/corporate/press/press-releases/?date=2013-4#.UWPlnKvwIx4

10. ABC / Univision picture http://www.mediabistro.com/tvnewser/files/2012/08/abc-news-univision-logo.jpg

11. Univision America logo http://www.mediamoves.com/wp-content/uploads/2012/05/UNIVISION_America-logo-e1338509306117.jpg

12. Univision.com www.univision.com

13. Lo Que Mas Quieres ad campaign http://images.latinospost.com/data/images/full/11264/lo-que-mas-quieres.jpg?w=600

14. Despierta America promo https://www.tucuentas.com/images/product/pic_1315599492.jpg

15. Nuestra Belleza Latina picture http://lagranciudad.net/home/wp-content/uploads/2012/03/Nuestra-belleza-latina.jpg

16. Arranque de Pasion promo http://univisionnetworks.com/assets/uploads/homepages/ArranqueDePasion1.jpg

Univision

Gallery

Posted on March 19, 2012 by Isaac Garcia

This gallery contains 30 photos.

by Isaac Garcia History: Working as a Spanish-language television network, Univision was founded in 1955 by Raul Cortex. KCOR-TV, which was started in San Antonio, Texas, has turned into the largest audience of Spanish-language television viewers according to Nielsen ratings. … Continue reading →

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– Yahoo! Inc. [26]

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