Lecture on the structure of Traditional Media and Entertainment Industry. U.S. Centric, emphasis on the Moguls and their strategies in light of digital/Internet challenges worldwide.
Python Notes for mca i year students osmania university.docx
Media Moguls and Megacorps: Today and Tomorrow
1. Media Moguls and Mega-Corps
Who will the giants be tomorrow?
Stuart W. Volkow
svolkow@ucla.edu
www.stuartvolkow.com
Stuart W. Volkow
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2. The Multichannel Mediaverse
Has Created Unlimited Consumer Choice
600 Internet
Connected TV
450
Channels
Rise of Cable
Decline of Broadcast
300 Networks
MSOs begin multi-
150 billion dollar builds
Free TV Over-the-air
0
1970 1980 1990 2000 2010
Stuart W. Volkow
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4. $13.4B
NASDAQ:CMSCA
$30.9 B / 24 mm subs
Viacom
(NYSE:VIA)
Disney ABC
$14B
CBS Corp.
Time Warner (NYSE:CBS)
(TWX) $28.6 B
News Corp
(NYSE:NWS)
Copyright 2009 Stuart Wayne Volkow
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6. Private Media / Entertainment Companies
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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7. U.S. TV Business Structure
• Broadcast Networks (“free” TV)
• Pay Television
– CATV Networks
– DBS Networks
• Owned and Operated Independent Stations
– Affiliate Stations
– Station Groups
• Studios, Conglomerates
Copyright 2008, Stuart W. Volkow TV Reborn 7
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8. There are 1600 T V
Broadcasters Licensed in
the USA
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9. The US Broadcast Networks
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10. Station Groups
Scripps (SSP)
10 Stations plus HGTV, DIY, FOOD, Fine Living
CBS Television Stations (28 stations, 16
affiliates)
Hearst Argyle TV (HTV)
25 Stations
Tribune Media (TRB)
21 Stations
Clear Channel Communications (CCU)
41 TV Stations, 1,182 Radio Stations)
Acquired by Thomas H. Lee Partners for $26.7 Billion USD
Stuart W. Volkow
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15. US Pay TV Landscape Landscape
all numbers in millions Subs %
TV/Internet
Comcast (CMCSA) 24 / 16 22
DirecTV (DTV) 18.3 17
DISH (DISH) 14 14
Time Warner (TWC) 14 / 9 12
Cox 5.9
Charter (CHTRQ) 5.7
Verizon 3.2
Cablevision (CVC) 3
AT&T 2.7
Total Pay TV Subs USA 103
Approx
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16. Pay TV = Dual, Triple Income Streams
‣US CATV Revenue
‣$86 Billion USD
‣$26 Billion USD in Advertising
‣Source: NCTA.com
Copyright 2008, Stuart W. Volkow TV Reborn 16
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19. 52 million CATV Subs
Largest MSOs >80% subs
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20. DBS
32 million subs
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21. Dish Network (NASDAQ:DISH.O)
$11.6 B
•13.8 Million Subs $9.6 B
•250 Channels
•30 Premium Channels
•140 Foreign Language Channels
Echostar (NASDAQ:SATS) $1.5 B
•STB Business
•Satellite Ops (85 Degree Orbital)
•300 MPEG IV channels capacity
•Fiber
•SLING Media
•140 Foreign Language Channels
•$20.3 million invested in CINEMANOW.com in ‘06
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22. DirecTV Group (NASDAQ:DTV)
$21.5 B
$36 B
•16.8 million subs
•13 million Internet subs
•190 National Channels
•1400 Local Digital Channels
•90 HD Channels
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23. Te l c o s
Copyright 2008, Stuart W. Volkow TV Reborn 23
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24. 113 B
165 B
95.5 Million
Wireless Subs
at an avg of
$62/m
2.3 million U-
verse subs
Stuart Wayne Volkow, Copyright 2009 24
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25. GE- NBC UNIV
NYSE:GE
✦ Universal Studio Facility:
production, distribution, facilities,
finance
✦ Universal Studios
✦ NBC Television Network
✦ USA Network
✦ CNBC
✦ SyFy Channel
✦ MSNBC
✦ Bravo
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26. NBC Universal, digital
NBCU is paying about $6 million for a 35%
stake in DriverTV, which has about $8 million in
annual revenue, according to people familiar
with the matter. Currently all DriverTV's ad
revenue comes from car makers, but the
company, which is partly owned by the TV- and
ad-production firm Radical Media, is hoping
eventually to attract advertisers from other
auto-related industries such as insurance.
With NewsCorp and $100 million
for 10% from $21 billion sized
Providence Equity Partners
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28. Likely to acquire NBC UNI for assets and cash estimated at $6 billion to $7 billion
Brian L. Roberts, CEO Comcast Jeffery R. Immelt, CEO Chair GE
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32. CBS Corp.(NYSE:CBS) $14B
$13B
Sumner Redstone Leslie Moonves
Exec Chair of Board Exec Chair of Board
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33. CBS Corp.(NYSE:CBS) $14B
Sumner Redstone, CEO
CBS Television Stations (29)
The CW (with TWX)
CBS Radio (140 stations)
Showtime: Smithsonian, TMC
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34. CBS Interactive Units
CNET
Last.FM
Gamespot.com
CBSSports.com
March 12, 2009 (Bloomberg) -- CBS Corp.'s Webcast of the
U.S. national college basketball tournament will produce as
much as $25 million in ad sales, more than double last
year's tally. (= Superbowl pregame show)
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35. Viacom (NYSE:VIA) $13.4B
$26 B
Paramount Pictures SPIKE
Dreamworks CMT
Marvel MTV, VH1
Distro
TV Land
Paramount Vantage
Noggin
MTV Films
Nickelodeon
Nickelodeon Movies
TMC
The CW
LOGO
UPN
The N
MTV Networks, MTV2
FLIX
Virtual Worlds (VLB)
Sundance
VH1
Comedy
Rhapsody
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36. Viacom
Interactive Units
Rhapsody
JV between MTV and REAL Networks
Atom Films
MTV Virtual Worlds
Xfire.com (7 million HHs)
Shockwave.com
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37. Viacom's billionaire owner wants to know who's
badmouthing his girl-band pet project to The Daily Beast.
And he offered to make Peter Lauria “well-rewarded” if
he fessed up. HEAR THE TAPE.
http://www.myspace.com/electricbarbarellas
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38. Disney ABC
Disney Studio Facility: production,
distribution, facilities, finance Walt Disney World
Disney Studios Resort
Walt Disney Television Magic Kingdom
Touchstone Epcot
ABC Family Channel
Fox Kids Europe, Latin America Disney’s Animal
ABC TV Network Kingdom
ABC Radio Network Disneyland
Buena Vista Television Anaheim
Miramax Film Corp.
Hearst Communications
Tokyo Disneyland
ESPN Resort
ESPN Classic Disneyland Paris
ESPNEWS Disney Cruise Line
Disney Channel Disney Stores
E! Entertainment Television (part Robert A. Iger
owned) President and Chief Executive Officer
A&E Television Networks (part
owned)
Toon Disney
SoapNet Stuart W. Volkow
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39. News Corp (NYSE:NWS) $28.6 B
•Fox Filmed Ent.
•34 pics in 07, 711 Home Ent. Titles
•Searchlight, Fox Atomic, Animation
•Twentieth Century Fox TV (TCFTV)
•Fox TV: 35 Stations, 9 DMAs have 2, 25 FOX affiliates
•FOX, 213 Affiliates
•FX, FUEL, SPEED, Fox College Sports, Fox Movie
Channel
•STAR: 53 Asian countries, 10 languages.
•DBS, BSkyB James Murdoch
•Publishing
•145 daily newspapers
•Dow Jones
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41. News Corp: Fox Interactive
•2005 acquisitions:
•$580 Million for Intermix Media, aka MYSPACE.
•$650 million for IGN Entertainment, Inc, a leading
community based Internet media and services
company for video games and other forms of digital
entertainment.
•Scout Media, Inc., the parent company of Scout.com,
the country’s number one independent online sports
network, and Scout Publishing, producer of 47 of the
most widely read local sports magazines in the U
( www.scout.com )
WebMD/The Health Network
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43. Time Warner (TWX)
•Adelphia •Classic Film and
• HBO Animation Library
Commuinication
• Cinemax
•Cartoon Network •Warner Music Group
• TBS •Court TV •Warner-Elektra-Atlantic
(record distributors/
• CNN •Turner Classic
marketers)
• WB - The CW Movies
• New Line •Boomerang •Warner/Chappel
(publishing and music
• CNN •American Online
rights holders)
•Time Inc. – 64 magazine
titles
•Time-Warner Trade
Publishing Inc.
•Warner Books
Stuart W. Volkow
•Little Brown (publishing)
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44. America's most successful premium
television company, Home Box Office
delivers two 24-hour pay television services
—HBO® and Cinemax®—to over 40
million U.S. subscribers.
40+ million
HBO and Cinemax subscribers in the U.S. as
of December 31, 2009
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45. TBS, Inc. is based in Atlanta, GA, and employs
some 11,000 people worldwide. Philip I. Kent
oversees TBS, Inc. as chairman and CEO.
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46. Time Warner
Interactive Units
• Bebo.com
• $850 million for 3rd largest
social net
http://www.timewarner.com/corp/aboutus/digital_initiatives/
index.html
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47. Sony Corp (PINK SNEJF)
•Sony-BMG Music (with Bertelman)
•Sony Pictures Entertainment Sony Electronics
•Columbia Pictures Sony Broadcast Media Co.
•Sony Pictures Classic
•Screen Gems
•TriStar Pictures Sony Pictures Home
•Sony Pictures Releasing Entertainment
•Part owner of MGM Studios Sony Pictures Television
(along with Comcast), which is part Sony Pictures Television
owner of United Artists (Tom International
Cruise and Paula Wagner). Sony Pictures Consumer
•American Movie Channel - part Products
owned
•Bravo - part owned
•Independent Film Channel - part
owned
•WE: Women’s Entertainment - part
owned
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48. Sony Digital and Interactive
Sony Pictures Mobile
Sony Pictures Studio
Sony Pictures Studios Post Production
Facilities
DVD Authoring Center
Worldwide Product Fulfillment
Gameshow Network (joint owner)
Movielink (joint venture)
Crackle.com
Sony Pictures Digital
Sony Pictures Imageworks
Sony Pictures Animation
SonyPictures.Com
Sony Online Entertainment
Sony Pictures Digital
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49. CABLEVISION $1.8
$10.8 B
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51. 1 Discovery Channel
2 TLC
3 Animal Planet
4 Science Channel
5 Investigation Discovery
6 Military Channel (??)
7 Planet Green
8 Fit TV
9 HD Theater
10Discovery en Español
11Discovery Familia
12OWN: OPRAH WINFREY NETWORK
13The Hub
143net
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52. Liberty Media (NASDAQ:LINTA) $7.8 B
John C. Malone, Chairman
• QVC • IAC/InterActiveCorp
• Encore • VONGO.com
• Starz
• On Command
• Fun Games
• GSN
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53. EW Scripps (NASDAQ:ssp) $2.5 B
•CATV •Broadcast TV
•HGTV (96 million HHs) •6 ABC Stations
•Food Networks •3 NBC
•DIY •1 Independent
•Fine Living
•GAC
•Internet
•HGTV.com •17 Newspapers
•Shopzilla
•uSwitch
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58. Universal Music Group (VIV.PA)
American Recordings
Decca Classics
Def Soul
DreamWorks
Hip-O Records
Interscope/Geffen/A&M
Island/Def Jam
MCA Nashville
MCA Records
Mercury Nashville
Motown
Universal Classics
Universal Latino
Universal Music Group
Universal Records
Verve
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59. Sony BMG Music Group
Bertelsman AG / Sony Corp of America
50/50
Sony BMG's revenue has now fallen
46.3% over the last five years, while
the number of employees at the
label has dropped from 4,880 in
2003, to 2,851 in 2007.
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60. Warner Music Group $3.38 Billion
> one million compositions
Warner Music reported a
loss of $16 million, or 11
cents per share, in the
quarter ended Dec. 31,
after a profit of $18 million,
or 12 cents per share, in
the year-earlier period.
The results sent shares of
the New York-based music
company tumbling $1.80,
or 20.6 percent, to $6.94
Wednesday. The stock has
traded in a 52-week range
of $4.57 to $21.51.
AP 6 Feb 2008
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61. Why Pandora Is on Virtually
Every Device
On Fridges, Fords and Phones, It's Become the De Facto
Radio App After Being on the Brink of Bankruptcy FEBRUARY 11, 2011, 7:25 PM I.P.O./OFFERINGS
By: Andrew Hampp
Pandora Files to Go Publ
BY EVELYN M. RUSLI
Thor Swift for The New York
Tim Westergren, founder of Pandora Media.
"Smartphones really turned
Pandora into an anytime,
anywhere service without us
doing anything," Pandora
founder Tim Westergren said,
noting that half of smartphone
listening is done in users'
cars.
Yvonne Malmgren, a spokeswoman for the BMW
Group, said Mini drivers overwhelmingly asked for
the service when the automaker started
researching potential partners for its new Mini
Connected App player.
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62. usic
EMI Group £1,751.5 million
EMI revamp tougher
than expected, says
owner Hands
Text Hands is controversially
trying to take power away
from the music talent scouts
and give it to marketing
men, under his plan to turn
round the underperforming
group, a plan that has drawn
loud criticism from some of
its biggest acts.
Reuters 27 Feb 2008
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63. Daryl Zanuck
Samuel Z. Arkoff
Louis B Meyer
Irving Thalberg
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
William Fox
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64. IN THE BEGINNING, THE SEVEN MAJOR STUDIOS HAD DIRECTLY FINANCED,
PRODUCED AND DISTRIBUTED THEIR OWN PRODUCT, ADDITIONALLY,
THEY CONTROLLED TALENT, DIRECTORS AND PRODUCERS.
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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65. Paramount Pictures Corporation
1914
Viacom
Sony Pictures Entertainment Inc (Columbia, Tristar)
Columbia founded in 1919.
Sony Pictures Entertainment Inc
Twentieth Century Fox Film Corporation
1933
News Corp.
Universal City Studios LLP
1912
Vivendi – Universal
Walt Disney Studios Motion Pictures
1923
Disney ABC
Warner Bros. Entertainment Inc.
Albert, Sam , Harry and Jack Started in 1903 by showing “The Great
Train Robbery” Sam brought sound to the movies with the Jazz Singer.
Time Warner Communications. (from merger of WB with Time Inc.)
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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68. NATO
Stats
www.natoonline.org
150,000 screens
worldwide,
with about 40,000
screens in the U.S
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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69. 100 million admissions per week in 1946
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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72. Movie Econ 101
100 Million GBO
Box office % of Gross
Gross Participation 10
Exhibitor 50
Distributor 15
P &A 40
Production Budg 60
Deficit $75
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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73. The Global Advertising Conglomerates
•Omnicom
•WPP Group plc
•Interpublic
•Publicis
•Dentsu
•Havas
Sir Martin Sorrell, WPP Group plc
Copyright 2009 Stuart Wayne Volkow. Xtropia Partners
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75. Agents and Managers
The Power Elite
Category 5 Jeff Kwatinetz, The Firm
Entertaiment
Nick Stevens
Asif Satchu, Mordicai Wicyk
Media Rights Capital
Brillstein
Entertainment
11/13/2006 Copyright 2006 Stuart Wayne Volkow
Partners
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