Tag: Chief Executive Officer
Netflix First Quarter 2018 ResultsNetflix First Quarter 2018 Results - In May of 2013, Netflix stock was worth $34.16. Today, five years later, it's worth $329.00. The great thing about the record side of the industry is that they were taught about stocks and had on the job investment options like 401k's. In radio we were not taught and we never stayed at a station long enough to have any kind of investment benefits. I'm a HUGE fan of Netflix, digital media, and original programming and I came across this information today that I thought you might find interesting. This is true evidence that commercial TV and cable companies are being slaughtered by digital media and they may have missed the boat already, nevertheless, investing is KEY. Netflix, Inc. (NASDAQ: NFLX) has released its first-quarter 2018 financial results by posting them to its website. Please visit the Netflix investor relations website at https://ir.netflix.com to view the Q1’18 financial results and letter to shareholders. A video interview with Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells, Chief Content Officer Ted Sarandos, Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang is available below. The interview was conducted by Ben Swinburne, Morgan Stanley. About Netflix, Inc. Netflix is the world’s leading internet entertainment service with over 117 million members. Nexflix First Quarter 2018 Results See our small business blog blogwallet.com
NuVoodoo's Ratings Prospects Study Reveals Smart Speaker Ownership Nearly Doubled in Less Than Six...
Likely PPM Respondents Get Smart: NuVoodoo's Ratings Prospects Study Reveals Smart Speaker Ownership Nearly Doubled in Less Than Six Months
- Massive Holiday Sales Spike Smart Speaker Penetration; - Latest NuVoodoo Research Shows That Penetration Has Climbed to a Third of 14-54’s Across PPM Markets and to Nearly Half of Those Likely to Participate in the Radio Ratings Since SeptemberCINCINNATI, OH, March 6, 2018– NuVoodoo Media Services, a data-driven media marketing, programming and content intelligence provider, announces that the latest NuVoodoo Ratings Prospects Study of 3,041 respondents, ages 14-54, across all PPM markets reveals a sharp rise in smart speaker ownership since the previous NuVoodoo Ratings Prospects Study in August 2017 and this new study fielded in late January 2018. Smart speaker ownership kicked into overdrive across this past holiday season. In this latest study, one-third of respondents now report they have a smart speaker at home – up from less than a quarter in the previous study. NuVoodoo further found that 48% of likely PPM participants now own a smart speaker. The NuVoodoo Ratings Prospects Study is conducted twice a year to learn more about those who are most likely to say “yes” to the opportunity to wear a meter in order to provide NuVoodoo clients with competitive insights and advantages that they can exploit to capture higher ratings. This is the 11th Ratings Prospects Study that NuVoodoo has completed since 2011. The company shares the top-level findings of its studies with its radio broadcasting clients to develop winning next-generation marketing and programming strategies for stations of all formats in PPM markets. Looked at through the lens of likely ratings participants, whether it’s the type of people who would accept a meter or those who would accept a diary, the news is even more enticing: among these important subsamples, nearly half report having a smart speaker today. The people who are most important to radio ratings are getting on board with smart speakers – and doing it quickly. Carolyn Gilbert, President and Chief Executive Officer, NuVoodoo Media Services, said: “When we model through the research respondents most likely to say “yes” to a meter offer from Nielsen, we routinely see respondents who are more interested and more engaged with radio and other media. In this case, we see significantly higher smart speaker ownership among those likely to accept a meter or a diary – nearly half. As we see it, the numbers are too big to ignore. If radio stations don’t have a strategy for smart speakers, they risk being left out as people become habituated to what they ask their smart speakers to do for them.” Leigh Jacobs, Executive Vice President, Research Analysis, NuVoodoo Media Services, noted: “These new speakers can connect people with all sorts of content, but it’s easiest when those publishing the content have an easy way to tell people exactly what to say to their smart speaker. If that sounds like an ideal situation for broadcast radio outlets, you’re right on the money.” Jacobs added: “The kitchen radios our parents and grandparents had have been replaced by TV’s. It’s a rare person who still has a clock radio – and even more rare when you find a person who wakes up to a station playing on a clock radio. This is largely brand new TSL, brought about by a combination of the novelty of these new devices and being able to listen in rooms that may not have had a radio for a long time. This presents a significant opportunity for stations to bring radio back to bedrooms and kitchens every morning.” Mike O’Connor, Executive Vice President, Marketing, NuVoodoo Media Services, commented: “It’s a good time to review what your station’s stream sounds like. With these new devices, if you’re not making the listener happy, she can ask Alexa to switch to Spotify, Pandora or . The fact that your commercial break will be longer than theirs isn’t good, but there’s no need to make it worse with commercial fill material ranging from useless PSA’s to announcements saying, “Your station is playing commercials.” NuVoodoo Media Services will be presenting a deeper dive into these numbers, especially as they apply to talk shows, on Thursday, March 8th at Talk Show Boot Camp at the Joule Hotel in Dallas. Leigh Jacobs will share the stage with colleagues Steve Goldstein and Fred Jacobs to talk about how new technology is impacting spoken word radio listening – and what radio should be doing about it. FOR MORE INFORMATION, Contact Carolyn Gilbert, President, NuVoodoo Media Services, at: [email protected] or at 888.9VooDoo (888.986.6366). About NuVoodoo Media Services NuVoodoo Media Services provides data-driven digital, social and direct marketing and programming and content intelligence to the radio, television, newspaper, music and retail industries through innovative new research and marketing products and services that give clients a winning edge. NuVoodoo also provides customized and proprietary web-based research designed to connect music lovers with the music they love most. NuVoodoo Founder and President, Carolyn Gilbert, has been the radio industry’s foremost research strategist for more than 30 years. NuVoodoo brings fresh thinking and lower costs to media research, including a budget-friendly barter for services model. A “virtual” company, attracting the best people from all over, NuVoodoo has offices in Cincinnati, Austin, Chicago, New York, Philadelphia and Middletown, OH. More information may be found by visiting www.nuvoodoo.com. MEDIA CONTACT: Lisa Dollinger, Dollinger Strategic Communication for NuVoodoo Media Services, 512.633.4084, [email protected].
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Saga Communications, Inc. announced today that on September 1, 2017 it closed on the previously announced sale of its television stations to the Evening Telegram Company d/b/a Morgan Murphy Media for an aggregate purchase price of approximately $66.6 million.
Edward K. Christian, President and Chief Executive Officer of the Company said, "It's a bittersweet time as we complete the sale of our Joplin, MO and Victoria, TX television stations. We've enjoyed owning the stations and they have been great contributors to our overall performance over the years. With all the changes taking place in the television industry it became time to turn them over to a fine company that plans to continue to grow in the television segment. It has been a great experience for us to serve both communities with terrific television stations that focused heavily on the local markets. Ultimately, we made a very difficult decision that it was time for us to return to our roots in radio."
The Company also announced that effective September 1, 2017, it completed the previously reported purchase of the assets of WCKN(FM), WMXZ(FM), WXST(FM), WAVF(FM), WSPO(AM), W261DG and W257BQ, serving the Charleston, SC radio market, and WVSC(FM), WLHH(FM), WOEZ(FM), W256CB and W293BZ, serving the Hilton Head, Bluffton and Beaufort, SC radio market, from Apex Media Corporation for approximately $23.0 million.
Edward K. Christian, President and Chief Executive Officer of the Company, said, "We are pleased to be acquiring radio stations in the Charleston market and the Hilton Head, Bluffton and Beaufort market. Both of these markets have recently been recognized as two of the South's best communities by Southern Living Magazine. There are both heritage and developmental radio stations included in this acquisition. We look forward to working with the existing staff to continue to serve these growing communities with great radio stations. Saga intends to continue building its business in radio by continuing to identify and acquire radio stations in communities that we believe in."
The attached Selected Supplemental Financial Data tables disclose "actual" and "proforma" information. The "actual" amounts reflect our historical financial results and include the results of operations for stations that we owned. The "proforma" amounts assume all acquisitions and dispositions in 2016 and 2017 occurred as of January 1, 2016.
Laugh Out Loud, the comedy brand and multi-platform network founded by the world's top comedian Kevin Hart in partnership with global content leader Lionsgate, today announced that its streaming video service will launch on August 3rd featuring a slate of original scripted and unscripted comedy series, stand-up specials, licensed programming, and live broadcasts. Laugh Out Loud combines Hart's unparalleled social media savvy that earned him 100+ million followers with his vision for the future of comedy - social, mobile, multicultural, and seriously funny.
Hart handpicked the boldest comedic voices to create, produce and star in content exclusive to the service. These include digital superstar comedy talents GloZell, King Bach, Emmanuel Hudson, DC Young Fly, Draya Michelle, David So, Timothy DeLaGhetto and Anjelah Johnson (MADtv, viral sensation Bon Qui Qui) - among others - who have amassed tens of millions of fans across social media. The Laugh Out Loud service will also feature up and coming comedians curated by Hart through LOL showcases at events, including a partnership with the world's top comedy festival "Just for Laughs."
"Funny has no color or gender. With our friends at Lionsgate, we are creating a global network that gives a platform to the next generation of diverse comedians from all over the world, of all ethnicities, to tell their stories," says Kevin Hart. "Our culture of comedy is unfiltered and inclusive. Most importantly, we exist to make the world laugh."
"Kevin Hart is an extraordinary global talent, and we're proud to continue expanding our multi-faceted relationship into exciting new opportunities," said Lionsgate Chief Executive Officer Jon Feltheimer. "He is not only one of the biggest stars in the world but a great entrepreneur and an incredible brand. Together, we're building Laugh Out Loud into a compelling, content-rich value proposition for his millions of current fans - as well as new audiences worldwide."
"Kevin has become a dominant creative force in every entertainment initiative he has undertaken, from blockbuster films and television series to record-breaking world concert tours," said Laugh Out Loud President Jeff Clanagan. "With Lionsgate as our visionary studio partner, an incredible portfolio of premium content and an exciting array of fresh creative voices, Laugh Out Loud is positioned to super serve Kevin's global fan base in the digital, over-the-top world."
Leading into the August 3rd launch of the streaming video service, Hart is previewing a sneak peek of the content with his hidden camera series, "Kevin Hart: Lyft Legend." Sponsored by Lyft and featuring guests Trey Songz and Joel McHale, Hart transforms into elderly, over-sharing Lyft driver Donald Mac to see how far he can push the limits. The first episode debuts on Laugh Out Loud's Facebook, which already has over 4 million passionate followers, with future episodes running weekly exclusively on Laugh Out Loud's streaming service.
In addition to Kevin Hart: Lyft Legend, Laugh Out Loud programming highlights include:
Black Geo (Dormtainment) - Black Geo is a satirical investigative series into the origins of black culture through sketch comedy.
Campus Law (cast: GloZell, Wuz Good, Cynthia Luciette) - The scripted sitcom is based around three recent college graduates who decide to get jobs as security guards on their former campus.
Campus Law was greenlit by Hart at the Laugh Out Loud Presents: Just for Laughs Eat My Shorts pitch session during the 2016 JFL comedy festival.
Dead House (King Bach, Emmanuel Hudson, D.C Young Fly) - A scripted sitcom from one of the world's top digital comedians, Andrew Bachelor - aka King Bach. Living arrangements become interesting when a human joins the cast of a reality show where 4 zombies must live and work together in one house.
Def Comedy Jam: For the first time ever, all seven seasons of Def Comedy Jam will be available on streaming, exclusively on Laugh Out Loud. The digital debut of the series that was a driving force behind the rise of hip hop music music and comedy culture features legendary comedians Dave Chappelle, Chris Rock, Bernie Mac, Queen Latifah, Mike Epps and more.
Hotline Ad: A sequel to Brent Weinbach's "Gangster Party Line," Hotline Ad will feature various chat line skits with celebrity comedic appearances (Snoop).
Inglorious Pranksters - Stand-up comedian Jo Koy hosts this unscripted series that celebrates the Internet's best viral pranks. In each episode, three UGC pranks will be given the 'Hall of Fame' treatment and only one will be inducted into the 'Hall of Fame'.
Just For Laughs 2016 - 104 comics. 52 episodes. It's 15 minutes of original hilarity, brought to you from Just For Laughs, the largest international comedy festival in the world. This is the next generation of comedy's A-list. Showcases include Godfrey, Ronny Chieng, Finesse Mitchell.
The streaming video service is a key driver of the multi-platform Laugh Out Loud network, which produces custom content delivered daily across LOL's app, website and social media platforms. In addition to teaming with Facebook to premiere Lyft Legend, Laugh Out Loud and Hart have partnered with YouTube to create What the Fit?, an unscripted series exclusive to Laugh Out Loud's YouTube channel where Hart tries the most grueling and ridiculous trends in fitness alongside his celebrity friends and YouTube stars.
The Laugh Out Loud app will be available for free on iOS and Android on the August 3rd launch date. Users will also have the option to upgrade for $2.99 per month for an ad-free viewing experience and access to binge watch all episodes of current seasons. The Laugh Out Loud streaming video platform is powered by Vimeo's OTT technology. LaughOutLoud.com was designed and developed by Quantasy, LLC.
To learn more about Laugh Out Loud's comedians, content, and experiences, visit LaughOutLoud.com.