Comcast/NBCU

Thomas Meis, Tanya Motwani

comcast-logo

The Comcast Corporation

History

Comcast began its history as American Cable Systems, a smaller cable operator from Mississippi. It was purchased by Ralph Roberts and his business partners in 1963, and in 1969 was moved to Pennsylvania. Here it was renamed “Comcast”, a mixture of the words Communication and Broadcast. It then went public in 1972, and from there has been ever expanding.

It is considered to be one of the least-liked media conglomerates, winning “Worst Company in America” twice. Most experts believe this to be true because of the large number of assets owned by Comcast, as well as the monopoly-like power they have in terms of pricing for their various subsidiaries.

Key Executives

Brian L. Roberts, Chairman and CEO, Comcast Corporation

[1] Brian L. Roberts, Chairman and CEO, Comcast Corporation

Stephen B. Burke, CEO, NBCUniversal

[2] Stephen B. Burke, CEO, NBCUniversal

Michael J. Cavanagh, CFO, Comcast Corporation

[3] Michael J. Cavanagh, CFO, Comcast Corporation

Financials

Comcast has bought or merged with many different companies, including Spectacor, Microsoft, AT&T, Sony Pictures, and NBCUniversal.
Not only have they expanded into the telecommunications market, they have also bought stakes the sports market, because of their controlling stake in the Philadelphia Flyers [4].
In 2014, they tried to buy Time Warner Cable, but were denied by many different fronts, the largest being that the government was worried that the merger would lead to Comcast having a monopoly in the broadband and video markets. Concerned citizens wrote to the government expressing their fears about the influence that a merged Comcast-TimeWarner conglomerate would have on the broadcast and TV-streaming platforms. The deal was officially abandoned in April of 2015 [5].
Comcast’s most well known acquisition has been NBCUniversal, which has many different assets, ranging from professional sports to entertainment. Today, Comcast is one of the biggest telecommunications companies on the planet, with assets in television, film, gaming, distribution, and sports.

Comcast has seen a steady increase in their stock price over the last year, which sits at $70.14 currently. In comparison to other media conglomerates, whose stocks have been seeing a decline, Comcast Cable Communications and NBCUniversal have both been doing well, leading to the surprising upward movement of the company’s stocks.

Comcast's stock prices over the period of a year.

Comcast’s stock prices over the period of a year.

 

NBCUniversal

NBCUniversal- Divisions

NBCUniversal- Divisions

NBCUniversal (NBCU) is a media conglomerate that is a subsidiary of Comcast, after the latter acquired the former in a $6.5 billion deal in 2011.

NBCU was originally formed in 2004[6], when GE’s National Broadcasting Company merged with Vivendi’s Vivendi Universal Entertainment. Comcast expressed interest in buying NBCU from GE and Vivendi in 2009, bought a 51% stake in 2001, and fully owned the company by 2013 [7].

NBCUniversal recently announced its extended partnership deal with BuzzFeed [8], after a successful year-long initial deal. The two companies plan to collaborate on promotional and original content for both platforms, and aim to create new digital content for NBCUniversal’s premium users.
Another deal that NBCUniversal announced was with Apple. Starting from January 2017, NBCUniversal will be the sole provider of advertising inventory on Apple’s app, Apple News [9].

NBCUniversal is made up of two main divisions: NBC and Universal Studios.
Apart from these two divisions, NBCUniversal also owns a part of the streaming service Hulu, along with Fox Entertainment Group, ABC, and Turner Broadcasting System.

NBC

NBC [10] is an american television broadcast network, with its headquarters in the Comcast Building in Rockerfeller Center, in New York City.
As of 2015, NBC owns ten owned-and-run stations, and over 221 network affiliates in 48 states. The network has a national reach of 95.52% of all american homes.

Cast of Saturday Night Live

Cast of Saturday Night Live

NBC Programming broadcasts some of the most popular network television shows on air currently, including The Tonight Show Starring Jimmy Fallon, The Voice, Late Night With Seth Meyers, and Saturday Night Live.

Universal Filmed Entertainment Group

Universal Studios

Universal Studios is the American film studio owned by the Universal Filmed Entertain Group, and is considered to be the oldest surviving film studio in the United States. Its film studios are based in Universal City, California.
Universal Studios is credited as the first studio to release three films that each crossed over $1 billion in the box office, a feat the company achieved in 2015. The studio has a large number of successful film franchises under its roof, including Jurassic Park, Back to the Future, and the Jason Bourne series.

Universal Studios also has a large list of upcoming movies, including Pitch Perfect 3, The Mummy, and Fast 8 [11].

Universal Studios Orlando

Universal Studios Orlando

Universal Studios OrlandoUniversal Parks & Resorts is a division of the Universal Filmed Entertainment Group, and operates all of the Universal theme parks and resorts all around the globe. It is known for its various rides and attractions that are based off of pop culture characters and has attracted over 50 million yearly visitors to its parks.
The first Universal Studios theme park opened in Hollywood in 1965. Since then, Universal Studios has opened parks in 3 different countries, and has 3 new parks upcoming in Moscow, South Korea, and Beijing [12].

DreamWorks Animation

dreamworks_animation_skg_logo_with_fishing_boy-svg

DreamWorks Animation Logo

DreamWorks Animation, an animation studio based out of Glendale, California, was founded in 1994, by Steven Spielberg, Jeffrey Katzenberg, and David Geffen. The studio is known for its animated talking animal franchises (Shrek, Madagascar), and has 33 feature films that have grossed over $13.48 billion worldwide [13].

NBCUniversal, a division of Comcast, announced its intention to acquire DreamWorks Animation (DWA) in April 2016. By August 2016, NBCUniversal has successfully acquired DWA for $3.8 billion. DWA is now a division of Universal Studios [14].
After the acquisition, Universal Studios was supposed to take over distribution for all of DreamWorks Animations’s films, however, DWA had signed a 5-year deal with 20th Century Fox, and intends to honor the deal until the end of the contract, with the film Captain Underpants. Universal will take over distribution in February 2018, beginning with the Margot Robbie and Hugh Jackman starrer, Larrikins.

DreamWorks Animation owns a themed land in the Dreamworld amusement park in Gold Coast, Australia, where they offer the DreamWorks Experience, which contains three distinct areas based on their most popular film franchises- Shrek, Madagascar, and Kung Fu Panda. Each area includes rides and attractions for people of all ages. DreamWorks Animation also has a deal with the Royal Caribbean Cruiseline, and announced in 2010 that the DreamWorks Experience would be offered as part of the cruises.
DreamWorks Animation has a list of movies scheduled to release in the next few years, each one anticipated to receive positive reviews and do well in the box office. The movies include How To Train Your Dragon 3, Shrek 5, and The Boss Baby.

 

Bibliography

[1] Brian L. Roberts. Retrieved November 27, 2016. http://corporate.comcast.com/news-information/leadership-overview/brian-l-roberts

[2] Stephen B. Burke. Retrieved November 27, 2016. http://corporate.comcast.com/news-information/leadership-overview/stephen-b-burke

[3] Michael J. Cavanagh. Retrieved November 27, 2016. http://corporate.comcast.com/news-information/leadership-overview/michael-j-cavanagh

[4] Kay, P. (1999, July 5). Comcast: Not Just Cable Anymore. Retrieved November 27, 2016, from http://www.bizjournals.com/philadelphia/stories/1999/07/05/story2.html

[5] Wiggers, K. (2015, April 24). It’s over! Comcast abandons plan to rule 57 percent of all U.S. broadband Internet. Retrieved November 27, 2016, from http://www.digitaltrends.com/home-theater/comcast-abandon-time-warner-cable-merger/

[6] History of NBCUniversal. Retriever November 27, 2016. http://www.nbcuniversal.com/our-history#decade_9

[7] Chozick, A & Stelter, B. (2013, February 12) Comcast Buys Rest of NBC in Early Sale. Retrieved November 27, 2016, from http://mediadecoder.blogs.nytimes.com/2013/02/12/comcast-buying-g-e-s-stake-in-nbcuniversal-for-16-7-billion/?_r=1

[8] @. (2016, November 21). Buzzfeed and NBCUniversal Announce Expanded Partnership and Additional Investment. Retrieved November 27, 2016, from http://corporate.comcast.com/news-information/news-feed/buzzfeed-and-nbcuniversal-announce-expanded-strategic-partnership

[9] @. (2016, November 7) NBCUniversal Announces New Partnership with Apple News. Retrieved November 27, 2016, from http://corporate.comcast.com/news-information/news-feed/nbcuniversal-announces-new-partnership-with-apple-news

[10] NBCUniversal. Retrieved 27 November, 2016, from http://www.nbcuniversal.com/

[11] Universal Studios Upcoming Movies. Retrieved 27 November, 2016. http://www.boxofficemojo.com/schedule/?view=distributor&id=universal.htm

[12] Young, J. (2016, February 26). Universal Theme Parks future expansion looking to steamroll competition – Theme Park University. Retrieved November 29, 2016, from http://themeparkuniversity.com/universal/universal-theme-parks-looking-to-steamroll-competition-with-future-growth/

[13] DreamWorks Animation The Company. Retrieved 27 November, 2016, from http://www.dreamworksanimation.com/company/

[14] Sneider, J. (2016, April 27) DreamWorks Animation History: From ‘Antz’ to ‘Shrek’ to Comcast. Retrieved on November 27, 2016, from http://www.thewrap.com/dreamworks-animation-history-from-antz-to-shrek-to-comcast/

Comcast – NBCU – (broadcast)

by Lindsay Wolfson

NBC Universal Television

30 Rockefeller Plaza

New York, New York 10112

Key Executives:

Stephen B. Burke: Chief Executive Officer

Matt Bond: Executive Vice President of Content Distribution

Cesar Conde: Executive Vice President

Robert Greenblatt: Chairman, NBC Entertainment

Patricia Fili-Krushel: Chairman: NBC Universal News Group, NBC Universal

Ted Harbert: Chairman for NBC Broadcasting

History:

The National Broadcast Company (NBC) was founded in 1926 with an original focus on National Radio Broadcasting, but then made the transformation into Television Broadcasting. [1].  Universal Studios began in 1906 when an immigrant bought a movie theater and then rapidly expanded his business, which inevitably led to the first enclosed space specifically designed for moviemaking. [2]. NBC and Universal became one unified company in May of 2004. These companies came together and created a unique product of television distribution and part of the film industry. On the broadcast side, there were two main networks, NBC and Telemundo, and along with the broadcast channels were countless cable networks. Of the NBC-U broadcast stations there are over 200 affiliates nationwide in major cities such as New York and Philadelphia. [3] Originally, General Electric and Vivendi owned this new founded conglomerate, but now the majority owner is the Comcast Corporation, which owns 51%. [4].  This change of hands occurred back in January of 2011. Since NBC original formation, this company has developed into a nationally recognized source for news, entertainment in sports in the television industry.

 

Financials:

Fiscally, Comcast Corporation is a very successful corporation that is publically traded and its individual branches such as NBC-U share in that success. This past quarter, which ended in late October, demonstrated a thriving fiscal period. On the broadcast side, revenue increased 7.7% to $1.8 billion compared to the $1.6 billion achieved in the same quarter in 2013. According to the fiscal report, due to the NBC-U Broadcast’s reliable success this monetary growth in revenue is caused by the increase from advertising revenue. There are also increases in content licensing profits and retransmission consent fees. Operating cash flow increased as well for NBC-U Broadcasting. Comparatively, to the NBC-U cable networks, there was a significantly greater amount of growth. NBC-U’s cable networks only had 0.7% grown while its broadcast has 7.7% growth. Last year’s extensive fiscal success was caused in part by the promotion from the 2014 Winter Olympic Games. [5]. Comcast’s stock has been pretty stable over the past year ranging from $57.49 to $47.74. Since 2009, there has been a steady increase in the price of stock for Comcast indicating its growing success within the industry. In terms of total revenue for the Comcast Corporation, the company had a 6.2% increase from 2012 to 2013. As the year closes, it will be interesting to see if the 2014 fiscal year will bring about the same impressive results as did 2013 for the Comcast Corporation and NBC-U. [6].

 

Fall Season:

A to Z is new romantic comedy starring Ben Feldman and Cristin Milioti.

A to Z is new romantic comedy starring Ben Feldman and Cristin Milioti.

Back in early June, NBC U released which shows were going to premiere in the Fall 2014 Season. [7]. The major staple show for the fall season was expected to be The Voice and it was utilized as a fulcrum for generating viewership on both Monday and Tuesday evenings in general for the network. NBC programmers were hopeful that the large viewership from The Voice would help the ratings for the shows that directly followed. Interestingly, although NBC-U generates extensive amounts of original content, the big draw for viewership is Sunday Night Football. This strong viewership pushed NBC-U into the top spot for broadcast this past year. Sunday Night Football even challenged the World Series this past October in questioning which would receive more viewership. [8].  There were many programs tested for this past Fall Season.

The new comedy pilots for the Fall 2014 season included Bad Judge, Marry Me, and A to Z and the new drama pilots included Constantine, State of Affairs and The Mysteries of Laura.

MV5BMjA1NjUyNDk0OV5BMl5BanBnXkFtZTgwNDM1ODM3MjE@._V1_SY317_CR1,0,214,317_AL_

The Mysteries of Laura is a new drama starring Debra Messing. Courtesy of imdb.com

MV5BMzA2MjIyNzg2OF5BMl5BanBnXkFtZTgwOTgyMTcxMzE@._V1_SY317_CR1,0,214,317_AL_

State of Affairs is a new drama starring Katherine Heigl. Courtesy of imdb.com

 

 

 

Fall Ratings & Critical Reception:

Out of those new pilots that were slated for Fall 2014 Season, many were not picked up to continue. Comedies such as A to Z and Bad Judge will not continue further after this initial trial run, but these shows will both finish production and air the remaining product. [9].  Both shows had started decently in terms of ratings, but then they both started to collapse. For NBC’s newest dramas such as State of Affairs and Mysteries of Laura, they have had a decent start amongst the Broadcast lineup and have not been cancelled as of yet.

Information Courtesy of http://www.nbc.com

“Mysteries of Laura” has surprisingly kept its presence along with other dramas with a 1.8 rating amongst 18-49 years olds. [10]. In terms of ratings, Sunday Night Football drives up the ratings for NBC. For instance, the week ending with November 23rd, #1 Saturday Night Football generated a rating of 8.1 for 18-49 years which was far greater than the #2 Big Bang Theory which received a 4.1 for the same age demographic. This shows that across multiple genres, NBC exhibits success in primetime Broadcast Television.

 

Late Night Television Powerhouse:

After the record-breaking spring launch of NBC’s new Late Night lineup, the success of the Tonight Show with Jimmy Fallon and The Late Show with Seth Meyers has continued its success into the Fall 2014 Season. The Tonight Show has been pretty strong against its competitors such as Jimmy Kimmel Live! and Late Show with David Letterman. The Tonight Show with Jimmy Fallon has received 1.18/6 rating for the 18-49 demographic which surpasses his direct timeslot competitors in the 2014 3rd Quarter. Many were fearful that Jimmy Fallon’s success was only temporary, but now after continuing on this fall season that appears not be the case. [16].

 

 

 

 

 

 

 

 

 

Also, this past fall has marked the 40th season for Saturday Night Live, which remains under the direction of Lorne Michaels. Overall, this season has been pretty weak in terms of ratings, but peaked when Chris Rock hosted with musical guest Prince. [11]. This show’s best rating so far received only a 2.2/10 for the key 18-49 demographic, which is not very strong at all.

Opening Sequence for Saturday Night Live’s 40th Season. http://vimeo.com/107482286

 

 

 

 

 

 

 

(Photo Courtesy of http://www.technobuffalo.com/2013/04/25/saturday-night-live-clips-coming-to-yahoo/ )

Macy’s Thanksgiving Day Parade Ratings:

Every year, one of the major staples for NBC Broadcast is the Macy’s Thanksgiving Day Parade, even though it is not during primetime hours. This past Thanksgiving, the parade received its 3nd largest rating in the past 13 years. The program received a 6.2/10 rating in adults 18-49 and 22.6 million viewers total. Last year’s parade though, had the 2nd largest viewership with a rating of 6.6/10 since 2004. [12].

Every year, one of the major fall staples for NBC Broadcast is the Macy's Thanksgiving Parade.

Every year, one of the major fall staples for NBC Broadcast is the Macy’s Thanksgiving Parade. Photo Courtesy of http://social.macys.com/parade/?cm_mmc=VanityUrl-_-parade-_-n-_-n

Looking Forward:

After receiving over 18 million viewers and 4 Emmy Nominations for the Sound of Music Live, NBC decided to proceed and create another live performance. [13] [17]. This new performance of Peter Pan will be starring Allison Williams as Peter Pan and Christopher Walken as Captain Hook.

141017_2820050_Peter_Pan_Live__December_4_on_NBC

Peter Pan Live will be airing December 4th at 8pm starring Allison Williams as Peter Pan and Christopher Walken as Captain Hook. [15].

This live performance will be taking place in a former aircraft warehouse on Long Island, New York. There is an estimated budget of $10 Million to put together this one-night only performance. [14]. The expectations of this performance are extremely high due to the viewership success of the Sound of Music Live.

 

Works Cited: 

1. Announcing the National Broadcasting Company, Inc. (1926). (n.d.). Retrieved November 19, 2014, from http://earlyradiohistory.us/1926nbc.htm

2. NBCUniversal History. (n.d.). Retrieved November 19, 2014, from http://www.nbcuni.com/corporate/about-us/history

3. NBCUniversal. (n.d.). Retrieved November 12, 2014, from http://corporate.comcast.com/our-company/businesses/nbcuniversal#accordion-1

4. Resources. (n.d.). Retrieved November 21, 2014, from http://www.cjr.org/resources/?c=comcast

5. Comcast. (2014, October 23). Retrieved November 6, 2014, from http://www.cmcsa.com/earnings.cfm

6. Comcast Corporation. (n.d.). Retrieved November 22, 2014, from http://finance.yahoo.com/q?s=CMCSA

7. Kissell, R. (2014, June 2). NBC Announces Fall Premiere Dates for New, Returning Series. Retrieved December 1, 2014, from http://variety.com/2014/tv/news/nbc-announces-fall-premiere-dates-for-new-returning-series-1201207308/

8. Kissell, R. (2014, October 27). Ratings: NBC’s ‘Sunday Night Football’ Dominates World Series on Fox. Retrieved November 22, 2014, from http://variety.com/2014/data/ratings/ratings-nbcs-sunday-night-football-dominates-world-series-on-fox-1201340093/

9. Hibberd, J. (2014, October 31). NBC to cancel ‘Bad Judge,’ ‘A to Z’ with zombie twist | EW.com. Retrieved November 22, 2014, from http://insidetv.ew.com/2014/10/31/bad-judge-a-to-z/

10. Predum, L. (2014, October 28). NBC Gives ‘Mysteries of Laura’ Full Season Pickup. Retrieved November 22, 2014, from http://variety.com/2014/tv/news/mysteries-of-laura-full-season-pickup-nbc-1201341098/

11. Kissell, R. (2014, November 2). NBC’s ‘Saturday Night Live’ Hits Season Highs With Chris Rock, Prince. Retrieved November 22, 2014, from http://variety.com/2014/tv/news/nbcs-saturday-night-live-hits-season-highs-with-chris-rock-prince-1201345402/

12. Bibel, S. (2014, November 28). ‘Macy’s Thanksgiving Parade’ Garners 22.6 Million Viewers, Ranking as The Second Most-Watched Parade in 13 Years. Retrieved November 28, 2014, from http://tvbythenumbers.zap2it.com/2014/11/28/macys-thanksgiving-parade-garners-22-6-million-viewers-ranking-as-the-second-most-watched-parade-in-13-years/333311/

13. About. (n.d.). Retrieved November 22, 2014, from http://www.nbc.com/peter-pan-live/about

14. Littleton, C. (2014, November 26). NBC Hopes ‘Peter Pan Live’ Can Fly to New Heights. Retrieved November 28, 2014, from http://variety.com/2014/tv/features/peter-pan-live-nbc-new-heights-1201364850/

15. Watch Peter Pan Live! December 4 on NBC from Peter Pan LIVE! on NBC.com. (n.d.). Retrieved November 28, 2014, from http://www.nbc.com/peter-pan-live/video/peter-pan-live-december-4-on-nbc/2820050

16. Kissell, R. (2014, September 25). Variety. Retrieved November 29, 2014, from http://variety.com/2014/tv/news/latenight-ratings-nbcs-fallon-meyers-easy-winners-for-q3-abcs-kimmel-nightline-up-1201313970/

17. The Sound Of Music Live! (n.d.). Retrieved November 22, 2014, from http://www.nbc.com/the-sound-of-music-live

MGM

by Joanna Monfreda
Screen Shot 2014-11-24 at 3.08.04 PM

Metro Goldwyn Mayer [1]

Contact Information

MGM Studios Inc.
245 N Beverly Dr.
Beverly Hills, CA 90210

Key Executives

Gary Barber
Chairman and CEO

Jonathan Glickman
President, Motion Picture Group

Roma Khanna
President, Television Group and Digital

Profile

History

Screen Shot 2014-11-24 at 3.03.57 PM

Alfred Hitchcock serving MGM mascot Leo the Lion tea [5]

In 1924 Metro Pictures Corp., Goldwyn Pictures, and Louis B. Mayer merged to form Metro-Goldwyn-Mayer, a company that would go on to win 200 Academy Awards and uphold itself to an outstanding level of cinema creation. Known for films such as The Wizard of OzGone with the Windand hundreds more, the film production company paved its way during the beginning days of cinema as the leading studio in the business. [I] Through their peak from the 1930s to the 1950s MGM had many contracted actors such as Frank Sinatra, Fred Astaire, Elizabeth Taylor, and Lucille Ball. [II] Through the 1960s and 1970s, MGM studio was less successful than it had been in the golden age. In the hands of Kirk Kerkorian, many of the studio’s prized props, historical lots, and other possessions were sold. He then put most of the company’s money towards the construction of the MGM Grand Hotel in Las Vegas. [III] The studio’s downhill spiral continued into bankruptcy in 2010 where the company was in 4 billion dollars of debt and desperately needed an overhaul. Since then MGM has slowly been working on building itself back up. [IV]

Finances

MGM Holdings Inc. made $233.5 million dollars in revenue in their third quarter ending in September 2014. The quarter included the months of July, August and September. The company saw $6.5 million dollars from theatrical revenue in these three months, which came from the release of Hercules in areas where MGM controls distribution.

Their worldwide home entertainment revenue was $41.7 million. This was impacted by the home distribution release of The Hobbit: The Desolation of Smaug and RoboCop.

 Another $150.6 million came from worldwide television licensing this quarter. This revenue came from not only the licensing of Teen Wolf, Fargoand Viking, but from the television licensing of Hobbit: An Unexpected Journey and their horror film, Carrie. This is less than the company’s third quarter in 2013, but that is due to how much of an impact Skyfall had on the company’s revenue last year. [V]

What’s Happening Now

Orion Pictures was obtained by MGM in 1997. The studio was responsible for some of the most famous films through the 80s and 90s such as Terminator, The Silence of the Lambsand Dances with Wolves.

After declaring bankruptcy and being acquired by MGM, the studio did not see much success. It wasn’t until this past October, that MGM released a film through the small studio.

A remake of the horror film The Town That Dreaded Sundown was released by Orion Pictures on October 16th, 2014. [VI] There hasn’t been talk of MGM pushing Orion Pictures to be a stand-alone studio, but they do have their hands in other future film distribution deals. [VI][VII]

 

Along with Orion Pictures, MGM is also rebuilding United Artists. This September MGM spent $343.8 million dollars on a 55% ownership in a joint venture with Roma Downey, Mark Burnett, and Hearst Entertainment’s Steven Swartz to create United Artists Media Group. This merge includes Downey and Burnett’s production companies LightWorkers Media and One Three Media. MGM originally purchased United Artists in 1981, and since then the studio has gone through many different hands.

LightWorkers Media and One Three Media are responsible for shows such as The Voice, Survivor, The Celebrity Apprentice, The Bible and Shark Tank. United Artists Media Group is now leaning towards producing more faith based content and will be launching a faith focused, subscription channel called “Over The Top” or OTT. The channel will have new and old faith focused programming including Christian music videos, and both film and television content. [VIII] The executives saw success from their spiritual driven content such as The Bible and Son of God. They seek to target audiences interested in faith and family content because their ratings have shown there is a market for it. [IX] While the MGM works to put together a team to bring OTT to life, they are also looking into other film and digital media ventures as well. [X]

 

MGM collaborated with Warner Brothers on If I Stay a film based on the popular, young-adult novel written by Gayle Forman. The film was made with an 11 million dollar budget, and directed by R.J. Cutler. It was released on August 22th, 2014 of this year, and closed on November 6th, 2014. Its eleven-week run grossed 78.3 million dollars worldwide. [XI]

 

 

 

What’s to Come

On December 17th, 2014 the last film of The Hobbit series The Hobbit: The Battle of the Five Armies will be released. The Hobbit: An Unexpected Journey grossed over one billion dollars worldwide, while its sequel, The Hobbit: The Desolation of Smaug grossed 958.4 million dollars worldwide. [XII][XIII]

With such a large fan base, there are high expectations for the amount of money the ending film of the trilogy will bring the studio. [XIV]

 

ABC has just announced a spin off of Shark Tank that will be produced by MGM’s United Artists Media Group and Sony Picture Television called Beyond the Tank.

 It will be a series documenting past contestants current success and business state after being on the show. The network has called for 10 one-hour episodes, but has not released a premiere date. [XV]

 

On November 27th, 2014 NBC released their first trailer for A.D.: Beyond the Bible produced by MGM’s United Artists Media Group. Roma Downey and Mark Burnett will be the show’s executive producers.

The mini-series is scheduled to premiere on April 5th, 2015, which is Easter Sunday. It is a sequel to The Bible, and begins at the crucifixion and resurrection of Jesus Christ. The series continues the story of the creation of the Christian faith. [XVI]

The company already has two films are scheduled to be released in 2015. The first, Hot Tub Time Machine 2, will be produced in collaboration with Paramount Pictures. The sequel’s theatrical release is directed by Steve Pink, and will be February 20th, 2015. [XVII] The second, in collaboration with 20th Century Fox, will be a remake of the 1982 horror film Poltergeist. It’s directed by Gil Kenan, and its release date is October 26th, 2015. [XVIII]

 

[I] MGM History mgm.com. Retrieved 24 November 2014.
[II] The Historic MGM Studios seeing-stars.com. Retrieved 24 November 2014.
[III] MGM Again: 87 Years of Metro-Goldwyn-Mayer Studio History moviefanfare.com. Retrieved 24 November 2014.
[IV] MGM Files for Bankruptcy Protection nytimes.com. Retrieved 24 November 2014.
[V] MGM Third Quarter Financial Report mgm.com. Retrieved 25 November 2014.
[VI] Iconic Film Company Orion Pictures Returns After 15 Years slashfilm.com. Retrieved 26 November 2014
[VII] MGM Quietly Revives Orion Pictures deadline.com. Retrieved 26 November 2014.
[VIII] MGM, LightWorkers Media and One Three Media Merge mgm.com. Retrieved 28 November 2014.
[IX] Mark Burnett: MGM Deal Will Drive Faith and Family Channel variety.com. Retrieved 28 November 2014.
[X] Creation of the United Artists Media Group deadline.com. Retrieved 26 November 2014.
[XI] If I Stay Box Office Results boxofficemojo.com. Retrieved 28 November 2014.
[XII] The Hobbit: an Unexpected Journey Box Office Results boxofficemojo.com. Retrieved 28 November 2014.
[XIII] The Hobbit: The Desolation of Smaug Box Office Results boxofficemojo.com. Retrieved 28 November 2014.
[XIV] The Hobbit: The Battle of the Five Armies Trailer Release variety.com. Retrieved 28 November 2014.
[XV] Inspired by the success of “Shark Tank” ABC Announces Launch of “Beyond the Tank” mgm.com. Retrieved 28 November 2014.
[XVI] NBC’s “A.D.” Trailer Promo Released: Riveting Portrayal of Passion of Christ christiantimes.com. Retrieved 28 November 2014.
[XVII] Details of Hot Tub Time Machine 2 ropeofsilicon.com. Retrieved 28 November 2014.
[XVIII] Details of Poltergeist Remake ropeofsilicon.com. Retrieved 28 November 2014.

[1] MGM logo mgmlogo.jpg. Retrieved 24 November 2014.
[2] Gary Barber socialregister.co.uk. Retrieved 24 November 2014.
[3] Jonathan Glickman socialregister.co.uk.com. Retrieved 24 November 2014.
[4] Roma Khanna deadline.com. Retrieved 24 November 2014.
[5] Alfred Hitchcock Serving Leo the Lion instagram.com. Retrieved 24 November 2014.
[6] Hercules imdb.com. Retrieved 25 November 2014.
[7] The Town that Dreaded Sundown imdb.com. Retrieved 26 November 2014.
[8] Orion Pictures manlymovie.net. Retrieved 26 November 2014.
[9] United Artist Media Group insidetv.ew.com. Retrieved 26 November 2014.
[10] Hobbit: The Battle of Five Armies imdb.com. Retrieved 28 November 2014.
[11] Shark Tank imdb.com. Retrieved 28 November 2014.
[12] If I Stay imdb.com. Retrieved 28 November 2014.
[13] A.D.: Beyond the Bible comingsoon.net. Retrieved 28 November 2014.
[14] RoboCop imdb.com. Retrieved 26 November 2014.

AMC Networks

By Val Champeau

 

-courtesy of AMCtv.com

-courtesy of AMCtv.com

AMC Network Entertainment LLC. 

11 Penn Plaza, 15th Floor
New York, NY 10001
646-273-7105

http://www.amcnetworks.com/

History

AMC Networks was originally known as, Rainbow Media Holdings, LLC.   Rainbow,  formed in 1980, started as a small network originally only including Bravo and SportsChannel New York.  The Cablevision owned media conglomerate would, less than a decade later, go on to merge with NBC in 1988.  This merger gave NBC 50% ownership of Rainbow Media in the original deal.  After decades of trades, gains, and mergers, Cablevision considered taking Rainbow Media public, but did not actually go through with the deal until 2011. [1]

Rainbow-Media-11-18

-courtesy of lyngsat-logo.com

On March 10th, 2011, Cablevision took Rainbow Media broke it off into a publicly traded company, AMC Networks today. Congruently, with AMC going public, Cablevision kept their cable business still as a private entity. [2]

Since going public, AMC has hit the ground running.  Most recently, 2013, AMC Networks acquired the international content division of Liberty Global, Chellomedia, for a reported 750 million Euros, or $1.04 billion.  This deal now gives AMC Networks access to approximately 138 countries. [3]

Financials

Most recently, in the 3rd quarter of 2013:

  • Net revenue increased by 19.1% to $395 million
  • Operating income increased 40.9% to $122 million
  • Adjusted Operating Cash Flow (AOCF) increased 25.4% to $137 million

“Our solid financial results in the third quarter were driven by a return on our investment in original programming…Our shows are performing well on IFC, Sundance Channel and WE tv. At AMC, our acclaimed series Breaking Bad came to a close with record viewership and the Emmy Award for Oustanding Drama Series, and The Walking Dead kicked off its fourth season with record ratings that extended its reign as the #1 show on television among adults 18-49. With our Chellomedia acquisition, we believe we will over time further capitalize on demand for our content by growing internationally, a key strategy to ensuring our long-term success.”

Josh Sapan, AMC Networks President and CEO [4]

Screen Shot 2013-11-20 at 1.09.57 AM Looking at AMC Networks‘ one year stock evaluation it seems that the company, although currently in the red, has stayed relatively stable since going public. [5]

 

Key Executives 

Josh Sapan

President and CEO AMC Networks INC

Josh Span

-courtesy amcnetworks.com

Josh Sapan has been the President and CEO of AMC Networks Inc since March 9, 2011.  He was brought over from his previous position as CEO of Rainbow Media Holdings (Now AMC Networks), where he was employed since, 1995. Sapan currently serves on the boards of The Cable Center, CTAM, The New School and many others. [6]

Ed Carrol

Chief Operating Officer AMC Networks Inc.

-courtesy amcnetworks.com

-courtesy amcnetworks.com

Ed Carrol oversees all operations for each brand associated with AMC Networks – AMC, WE tv, IFC, and Sundance Channel.  He is also responsible for ad sales in the company’s international divisions (AMC/Sundance Channel Global).  He has been with the company for 24 years. [7]

Sean S. Sullivan

Executive Vice President and Chief Financial Officer AMC Networks Inc.

sean sullivan

-courtesy amcnetworks.com

Sean S. Sullivan is responsible for all of AMC Networks‘ financial needs.  This includes, accounting, tax, financial planning, treasury, and investor relations. Along with financials, Sullivan, oversees the information technology and creative service departments, Broadcasting & Technology, programming origination and distribution division.  He joined AMC Networks in September 2010 from HIT Entertainment. [8]

Recent News

Breaking Bad – “Felina”: The Final Episode Hype

breaking bad

-courtesy of businessinsider.com

Breaking Bad is considered one of the most compelling,  addictive, and suspenseful dramas that has ever hit cable. Driven by plot and fueled by characters, AMC took viewers on a journey of a man’s total distraction, leaving in it’s wake one of the most highly anticipated final episodes ever for a series.  In short, Walter White (Bryan Cranston), a high school chemistry teacher, diagnosed with cancer, finds himself at a crossroads in his life.  He has always played it safe for his family, and now with a baby on the way, White turns to a life of crime.  Partnering up with his former student, Jesse (Aaron Paul), to cook meth, White finds himself spiraling down a dark path which eventually becomes his own demise.  Everything he aims to save in the beginning of series, he slowly looses, until he has nothing left to loose. This is what has the audience on the edge of their seats for the final episode.  What many people admired about the episode,  unlike many other series such as, Lost and The Sopranos, is that it left no question unanswered and tied all 5 seasons up with a big bang at the end, which everyone knew was coming – Walt’s death.  “Felina” had the highest ratings of any episode in the series, 10.28 million viewers. Along with viewership, the final Breaking Bad episode created an explosion over the twitter-shpear.  Walter White’s final hours on screen generated 1.2 million tweets, making it the most talked about television show for the week (out-ranking “The Voice” and “Grey’s Anatomy“). Breaking Bad had 12 Emmy Nominations in the 2013 season.  [9] [10]

The Walking Dead

- courtesy of collider.com

– courtesy of collider.com

AMC defiantly has a way with drama.  The hit apocalyptic zombie series, The Walking Dead, has accumulated what many would describe as a “cult” following.  Much like other AMC shows, Breaking Bad and Mad Men, the viewers are drawn in by the concept, but, stay for the character development.  AMC has made a name for itself in seeing just how far people will go when faced with a challenge, and for The Walking Dead, that challenge is to stay alive. Over the course of the series we see the protagonists stripped of humanity and brought down to nothing but animal instinct.  How they act and, re-act, is what keeps viewers coming back week after week.  It is not a typical zombie movie where the audience knows that, in the end, the humans will triumph and all is well in a matter of 2 hours.  The Walking Dead has reinvented suspense, being known for killing off main characters at any moment.  How do we know? Because numbers don’t lie.  The most recent season of Walking Dead, season 4, had earth shattering numbers, which had the media buzzing with anticipation. The hour long zombie drama pulled in 16.1 million viewers and an 8.2 rating among adults 18-49. These statistics put the show up 30% in the demo from season 3’s finale (their pervious high). [11] [12]

 In The Works

AMC’s New Pilot: Preacher

PreacherOriginally considered by, HBOAMC has reportedly ordered the pilot to adapt the extremely dark DC comic , Preacher. HBO apparently passed up the deal due to the comic being too controversial.  Although, they didn’t state what was controversial about it, it could be assumed that it was the dark religious aspect of the storyline. Originally authored by Garth Ennis and Steve Dillon, Preacher has been described as many things, but to sum them up: the series is full on crazy. With the wrap up of Breaking Bad, AMC needs to fill the void that the dark drama has left for viewers. Although the pilot has only been ordered, there has already star power around the potential new show. Seth Rogen, a devoted Preacher comic fan, has sent out a number of hinting tweets that he could be involved with the project:

Screen Shot 2013-11-20 at 1.09.16 PM

He then followed up the tweet with another, naming some main characters in the series:

Screen Shot 2013-11-20 at 1.13.49 PM

Will the show get green lighted? No one can say for sure.  However, one thing can be said- this will defiantly be a defining moment for AMC and their content.  Judging from the comic books themselves, this show will be darker than anything seen on TV before, pushing AMC to the top of drama original programing. [13]

*Storyline of The Preacher Comic Book Series 

Sources

[1] History

[2] History: Cablevision exlporing spinoff of Rainbow Media 

[3] Purchase of Chellomedia

[4] Financials

[5] AMC Stock 

[6] Josh Sapan

[7] Ed Carroll

[8] Sean S. Sullivan

[9] Breaking Bad

[10] Breaking Bad

[11] The Walking Dead

[12] The Walking Dead

[13] Preacher

Comcast/NBCUniversal

by Zach Eisen

NBCUniversal Media, LLC

30 Rockefeller Plaza
New York, NY 10112
212.664.4444

www.nbcuni.com

About the Company [1]:

A snapshot of what NBCU owns

NBCUniversal is a major media company owned by the Comcast Corporation. With headquarters in world-famous Rockefeller Center, NBCU owns and operates a variety of media outlets across many different platforms, including broadcast and cable television, film, and digital media. NBCU’s content is distributed around the world.

Television

NBCUniversal has a variety of holdings in both broadcast and cable television. It owns the NBC broadcast network and the Telemundo network, airing popular programs such as NBC Nightly News, Today, Saturday Night Live, and The Office. NBC also owns and operates TV stations in some of the largest markets in the country, including New York, Los Angeles, and Chicago. NBCU’s cable holdings include the NBC Sports Network, MSNBC, CNBC, USA, E!, Bravo, and The Weather Channel. NBC also owns the broadcast rights to the Olympics, NHL and NFL games, and many other major sporting events.

Film

NBCU owns Universal Pictures, one of the Big Six major film companies. Universal is famous for movies such as E.T.: The Extra-Terrestrial, Jurassic Park, Jaws, and the Bourne series [2]. The company also owns Focus Features, which is Universal’s art, foreign, and independent film division. NBCU also owns Universal Parks and Resorts, with full ownership of the parks in Los Angeles and Orlando and part ownership of locations in Japan and Singapore.

Online

NBCUniversal owns multiple digital and online companies, including NBC.com, Fandango, and iVillage. It also is part of a joint-venture in Hulu, the online streaming service.

Key Executives [3]:

Stephen B. Burke – CEO, NBCUniversal

Stephen B. Burke

Stuart J. Epstein – Executive VP and CFO, NBCUniversal

Stuart J. Epstein

Robert Greenblatt – Chairman, NBC Entertainment

Robert Greenblatt

Brian Roberts – Chairman and CEO, Comcast Corporation

Brian Roberts

For more information on NBCUniversal’s executives, click here.

Competitors:

In the broadcast television market, NBC’s main competitors are the other Big Four major networks, which are ABC, CBS, and FOX. However, cable viewership is quickly growing, which means NBC also competes with basically every television station for viewers and advertising dollars.

Ownership History [4]:

NBCUniversal was officially founded in 2004, when NBC and Universal merged into one company. At the time of the merger, Vivendi and GE shared ownership of the company. In 2009, GE and Comcast announced plans to create a joint venture out of NBCUniversal’s companies and Comcast’s cable holdings. The plan was finalized in early 2011, with Comcast taking a majority stake in the company. In early 2013, Comcast announced it would buy GE’s 49% minority stake, a $16.7 billion deal which allowed them to assume 100% ownership of NBCUniversal [5].

Financial Information [6]:

2012 was a successful year for NBCUniversal across the board. The company earned $23.8 billion in total revenue, an increase of nearly $2.7 billion, or 12.7%, from 2011. NBCU’s revenue in all four of its divisions (Broadcast Networks, Cable Networks, Film, and Theme Parks) saw increases in 2012.

The largest gains were made in the Broadcast Television division, which jumped 27.4% from the previous year. The broadcast numbers were aided by the network’s airing of the 2012 London Olympics and Super Bowl XLVI. Excluding these events from the numbers, the Broadcast division’s revenue still saw a 4.8% increase, driven by political advertisements on its Owned & Operated stations. The increased revenue from the political ads also helps explain the Broadcast division’s 7.9% increase in the fourth quarter of 2012 from the same period in 2011.

NBCU’s Cable Networks division accounted for the company’s smallest increases in 2012 (3.3%), but generated the most revenue for the company ($8.8 billion). The NHL lockout hurt ratings for the NBC Sports Network during that time, which boasts NHL coverage as its key selling point. However, ratings for that network reached all-time highs once hockey returned [15]. Advertising revenue decreased by 1.5% in the fourth quarter for NBC’s cable networks.

News:

 

• GOODBYE, GE
On March 19, Comcast completed its purchase of GE’s 49% stake in NBCUniversal [7]. The $16.7 billion deal also included the sale of GE’s headquarters at the famous 30 Rockefeller Plaza building to Comcast. The deal brings to an end GE’s involvement with NBC, which began in 1919 when the company helped found the Radio Corporation of America, which started the National Broadcasting Company in 1926 [8]. Since then, NBC has been owned by GE, RCA, Westinghouse, Vivendi and now Comcast. Watch Wall Street Journal Live’s analysis of the deal below (video courtesy of YouTube).

 

• ADIÓS, NBC

For the first time ever, NBC fell out of the top four networks during a sweeps period conducted by Nielsen [9]. Univision, the Spanish language network, moved ahead of NBC as the fourth most watched network among adults ages 18-49 during the month of February. NBC struggled during that month, as its new show Do No Harm was cancelled after just two episodes, and the new comedy 1600 Penn struggled as well [10].

 

• THE TONIGHT SHOW WITH…

Jimmy Fallon (right) will take over for Jay Leno (left) as host of “The Tonight Show”.

…Jimmy Fallon? NBC announced in April that the Late Night host will replace Jay Leno on The Tonight Show starting in 2014 [11]. Leno, who has hosted The Tonight Show for 22 years, took over for Johnny Carson in 1992. Leno was replaced by Conan O’Brien in 2009 [12], but returned only seven months later [13] after a feud with the network over a time for his new show. It is being rumored that Saturday Night Live head writer and “Weekend Update” host Seth Meyers will replace Fallon as host of Late Night.

 

 

• USA! USA!

NBCU’s USA Network earned the best primetime ratings for a cable network in the first quarter of 2013, its eighth year in a row earning that honor [14]. Popular programs such as Suits and WWE Raw helped the network win the quarter, defeating rivals with popular programs such as AMC and its hit The Walking Dead. USA averaged over 3 million viewers during the primetime slots. Another NBCU network, Bravo, also improved, making the top ten networks among viewers ages 25-54.

 

NHL COVERAGE SCORES FOR NBC SPORTS NETWORK

The NBC Sports Network is posting record numbers this year for its NHL coverage [15]. The network, formerly Comcast’s Versus, is averaging 448,000 viewers per game, up from its previous high of 348,000 viewers. The numbers may have gotten a boost because of the lockout that cut the season down to 48 games. National games airing on NBC’s broadcast network are also doing better, averaging 1.7 million viewers,just ahead of its previous tally of 1.6 million.

 

• ‘THE VOICE’ NEARS IN ON ‘IDOL’

The popular singing competition show, The Voice, has returned to NBC’s lineup, and has outperformed FOX’s American Idol so far [16]. Although Idol‘s first two episodes earned stronger ratings than The Voice‘s, NBC’s program is gaining momentum, while FOX’s is seeing its lowest ratings in the 12-year history of the show. The show’s performance in the ratings for the remainder of the season may tell whether it will replace Idol as America’s favorite singing show.

 

USING THE SECOND SCREEN

In March, USA allowed fans of its series Psych to choose the ending of the show’s 100th episode [17]. The vote was part of a new online and mobile feature called USA Sync, an attempt by the network to use new media to add interactivity to its programming [18]. The program allows fans to post about the shows, connect with each other, and play interactive games. On the mobile platform, the service is available as an app that gives users access to more content through other applications.

 

• A DELICIOUS PREMIERE

The much anticipated new series Hannibal premiered on NBC on April 4. The series, about fictional evil genius Hannibal Lecter, serves as a prequel to the 1991 classic film The Silence of the Lambs. The show earned praise from Internet critics, with some calling it “riveting[19], and others saying it was “beautifully shot and…surprisingly thoughtful[20]. Watch a promo for Hannibal below (video courtesy of YouTube).

 

• FOR E!, OLDE IS NEW

Jeff Olde

In March, E! named former VH1 executive Jeff Olde head of its programming [21]. Olde will be in charge of the development of E!’s shows, including Keeping Up With The Kardashians, The Soup, and Chelsea Lately. Olde will begin his new job this summer.

Sources:

[1]: http://www.nbcuni.com/corporate/about-us/

[2]: http://www.boxofficemojo.com/studio/chart/?studio=universal.htm

[3]: http://www.nbcuni.com/corporate/management/

[4]:http://www.nbcuni.com/corporate/about-us/history/

[5]: http://mediadecoder.blogs.nytimes.com/2013/02/12/comcast-buying-g-e-s-stake-in-nbcuniversal-for-16-7-billion/

[6]: http://www.marketwatch.com/story/comcast-reports-4th-quarter-and-year-end-2012-results-2013-02-12

[7]: http://www.deadline.com/2013/03/comcast-completes-acquisition-nbcuniversal/

[8]: http://www.gereports.com/its-a-wrap/

[9]: http://tvbythenumbers.zap2it.com/2013/02/27/univision-sets-milestone-as-no-4-network-in-february-sweeps-ahead-of-nbc-in-key-demos/171192/

[10]: http://www.deadline.com/2013/02/nbc-sweeps-ratings-lastloses-to-univision/

[11]: http://www.thedailybeast.com/articles/2013/04/02/source-jimmy-fallon-to-take-reins-of-tonight-show-from-jay-leno.html

[12]: http://www.nytimes.com/2009/05/30/arts/television/30leno.html?em&_r=0

[13]: http://www.accesshollywood.com/jay-leno-heading-back-to-late-night-conan-obrien-weighing-options_article_27490

[14]: http://variety.com/2013/tv/news/usa-suits-ratings-amc-walking-dead-1200332772/

[15]: http://www.sportsbusinessdaily.com/Daily/Issues/2013/03/19/Media/NHL-Ratings.aspx

[16]: http://mediadecoder.blogs.nytimes.com/2013/03/29/in-ratings-race-the-voice-gains-on-idol/

[17]: http://www.nbcbayarea.com/entertainment/entertainment-news/NATL-Viewers-to-Choose-Psych-Ending–200075821.html

[18]: http://www.thefutoncritic.com/news/2013/04/01/usa-network-launches-the-next-phase-of-usa-sync-first-live-second-screen-content-syndication-platform-625513/20130401usa01/

[19]: http://www.hitfix.com/whats-alan-watching/review-nbcs-hannibal-a-riveting-silence-of-the-lambs-prequel

[20]: http://www.hollywoodreporter.com/review/hannibal-tv-review-433109

[21]: http://www.hollywoodreporter.com/news/jeff-olde-named-es-head-431347