{"id":20214,"date":"2014-10-05T19:12:05","date_gmt":"2014-10-05T23:12:05","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=20214"},"modified":"2014-12-01T17:58:19","modified_gmt":"2014-12-01T22:58:19","slug":"disneyabc-tv-broadcast-cable-properties-only","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2014\/10\/05\/disneyabc-tv-broadcast-cable-properties-only\/","title":{"rendered":"Disney\/ABC\u2013 (TV broadcast & cable properties only)"},"content":{"rendered":"
by Jessica Mendelson<\/pre>\n
\"Image<\/a>
Image courtesy of Deadline<\/p><\/div>\n
HISTORY<\/strong><\/p>\n
Founded in 2004 Disney\/ABC Television Group<\/a> is a large division of The Walt Disney Company<\/a> that is in charge of, \u201cglobal entertainment and news television properties, owned television stations group and a radio business [1<\/a>].\u201d The Group is currently run by Disney Media Networks President Anne Sweeney<\/a> [3<\/a>] but by the end of this year she will be succeeded by Ben Sherwood<\/a> [6<\/a>].<\/p>\n
\"Photo<\/a>
Anne Sweeney – Photo courtesy of The Walt Disney Company<\/p><\/div>\n
\"Photo<\/a>
Ben Sherwood – Photo courtesy of Disney ABC TV<\/p><\/div>\n
FINANCIALS<\/strong><\/p>\n
\"DIS<\/a>
DIS Stock Price 2014 – Image courtesy of Etrade<\/p><\/div>\n
The Group is a division of the much larger Walt Disney Company<\/a>, which is a publicly traded New York Stock Exchange Company<\/a> labeled as DIS<\/a>. Their market cap, how much the company is worth, is $156.87 billion. Their most current stock price is $92.51. They pay annual dividends, and at the end of their fiscal year on September 27, 2014 their net income was $7.5 billion. The companies Media Networks<\/a> (which Disney\/ABC TV Group<\/a> falls under) consist of 45% of their revenue. The Network’s 4th quarter net income increased 5% to 5.2 billion, after a $10 million loss in cable and a $5 million gain in broadcast. [27<\/a>] [28<\/a>]<\/p>\n
THE BUSINESS<\/strong><\/p>\n
The Group is divided into 6 different businesses that run ABC and Disney Television, production and distribution, and radio development. These include: ABC Entertainment Group<\/a> (which is a joint business of ABC Entertainment<\/a> and ABC Studios<\/a>), ABC Family<\/a>, ABC News<\/a>, ABC Owned Television Stations Group<\/a>, Disney\/ABC Television Group Digital Media, and Disney\/ABC Domestic Television [7<\/a>].<\/p>\n
The biggest part of the Group’s fall primetime season is 6 new shows created by the ABC Entertainment Group<\/a>. The shows are; “Forever<\/a>,” “How to Get Away with Murder<\/a>,” “‘black-ish<\/a>,” “Cristela<\/a>,” “Manhattan Love Story<\/a>,” and “Selfie<\/a>.” In the past this division has produced shows such as: “Grey\u2019s Anatomy<\/a>,” “Modern Family<\/a>,” “Scandal<\/a>, and “Dancing with the Stars<\/a> [4<\/a>].”<\/p>\n
\"Image<\/a>
Image courtesy of abcmedianet.com<\/p><\/div>\n
FALL SEASON<\/strong><\/p>\n
In the Nielsen<\/a> November Sweeps<\/a> period ABC<\/a> had the most impressive numbers across the board for non-sports programming for adults 18-49. ABC’s\u00a0press release on November 25, 2014 [5<\/a>] showed that ABC beat out CBS by 31%,\u00a0NBC by 31% and Fox by 61% in terms of overall viewers.<\/p>\n