In today standards people look at Comcast they see the largest mass media and communication company in the world by revenue. Also people see it as a huge conglomerate because Comcast is the largest cable and home internet service in the United States of America while having the third largest home telephone service provider. This is why people fear Comcast because they are the ones who basically control the market in those three areas. Now looking at what Comcast has become people need to understand how this all started by first looking into the history. Then look into their five main subsidiaries and whether the company has a global presence. Next look at see what new big acquisitions the company has acquired. After looking at these reasons the conclusion can be made that synergy is of real concern through this company.
The time Comcast first started it was not this mega corporation. It actually was very small. Comcast first started in 1963 when Ralph J Roberts purchased American Cable system that only was a small cable provider in Tupelo Mississippi that had five channels and 1,200 subscribers. (Comcast 2010) It was a team of Roberts asked Daniel Aaron and Julian A. Brodsky who helped Roberts analyze and see the potential growth of this company. (Pederson 1998) These three guys are now claimed to be the founders of Comcast. (Comcast 2010) As time went by Roberts was eager to expand but felt the name, “American Cable Systems” was too simple so Roberts had an idea to put communication and broadcast together, creating the word Comcast to create a better technological identity.(Pederson 1998) Then Robert took that name and incorporated the company in Philadelphia because of the strong threshold he had through Philadelphia suburbs....
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...ort theme park in Florida and Universal studio a huge film producer. (Comcast Corporation 2011) Moving along the next thing is Comcast has cable channels E! Entertainment, G4, Golf Channel, and NBCSC. (Comcast Corporation 2011) Third is looking at the aspect of broadcasting which seen through them owning NBC Universal. (Comcast Corporation 2011) This is seen though the idea about how Comcast has full control over NBC broadcasting news. (Comcast Corporation 2011) Then in 2002 Comcast paid for naming rights of the University of Maryland basketball arena.(Sports Business Journal 2011) The arena is now called Comcast Center. (Sports Business Journal 2011) Lastly Comcast owns the professional hockey team the Philadelphia flyers. (Fernandez 2013) After looking at these subsidiaries it is easy to see how Comcast is all around us and some people do not even know it.
By the acquisition, Comcast was clearly investing in content; this is a huge transformation for Comcast. This acquisition signals that they want to get bigger ...
Exxon Mobil is a great example of a corporate giant. It all started in 1870, when JD Rockefeller founded U.S. Standard oil a company that will go on to be the most profitable in the world. In 1911 the company split up into 34 different companies, amongst these companies was Vacuum oil company that will later be called Mobil Oil and Jersey Standard which was renamed to Exxon corporation. In 199 the two companies decided to work together again, this was the birth of Exxon Mobil.
... the Wolf shows how these synergies within a conglomeration can help that company to advertise one product through the marketing of a different product. Time Warner is making use of both of these techniques to improve their profits and get their products out in different media forms and through different media boundaries.
The establishment of Cox Enterprises began in 1898 when James M. Cox purchased the Dayton Evening News in Ohio . Prior to the success of Cox’s media career, he ran and lost against Warren G. Harding in the 1920 Presidential election. Upon losing the election, Cox decided to return to Ohio and focus on his media business. In 1934, he...
Viacom formed when FCC rules had forced CBS to spin off some of its cable TV and program operations, this happened in 1971. Viacom then buys WAST-TV in 1979, in 1985 Blockbuster Video is founded, in 1981 the NAI buys majority interest ( Sumner Redstone owns this), in 1994 Viacom announces multi-transponder, multi-satellite agreement with PanAmSat. Also in 1994 Viacom and Paramount announces 8.4 billion dollar merger, Viacom then sells its 33% share of Lifetime. In 1995 Viacom spins off its cable systems for Tele-communications, in 1999 Viacom bought CBS for 50 billion dollars. There are other acquisitions and selling’s through which Viacom became so large, but I did not include every little thing.
Turner’s father’s firm was struggling before he took over. In 1970 he stretched out into another business venture also, he bought a small television station WJRJ-Atlanta. It was a small, struggling UHF station. Turner was always one that thought he could take anything and make it better, and nine times out of ten he did. He renamed the station WTCG, for the parent company Turner Communications Group (turner.com). Over the next couple of years Turner made a success out of WTCG. During the month of December in 1976 WTCG originated the idea of a “superstation” (turner.com). In 1979 the company name was changed again, this time to Turner Broadcasting System, Inc. This system used satellites to broadcast cable all over. WTBS became the biggest broadcaster of cable in the world. It spread to one hundred and sixty million homes, about two hundred countries, and nearly forty languages (askmen.
Employee motivation is one of the keys to success in any business, especially in a retail sales environment. It is particularly important to understand how employee motivation can be impacted by the strengths and weaknesses of AT&T’s retail sales consultant position (RSC). A series of interviews and surveys were conducted over a two-week period with employees of AT&T in the RSC position as well as retail management positions to determine how the employees really feel about this position as well as internal strengths and weaknesses that contribute to employee motivation. Although there are a lot of positive factors that keep the employees motivated within AT&T, there are some weaknesses that can cause employees to become demotivated.
The soft factors can make or break a successful change process, since new structures and strategies are difficult to build upon inappropriate cultures and values. These problems often come up in the dissatisfying results of spectacular mega-mergers. The lack of success and synergies in such mergers is often based in a clash of completely different cultures, values, and styles, which make it difficult to establish effective common systems and structuresBased on the case study, extensive research and annual reports of AT&T the writer has mapped AT&T in the different domains. AT&T should strive to attain a perfect circle as close to the centre as possible, which indicates total synergy, order and equilibrium. Where the circle is skewed drastic change is needed as it moves closer to the outer ring of chaos:
This letter concern your performance review for SBC Pacific Bell. You are one of our most valued and skilled employee at SBC Pacific Bell. Your outstanding accomplishment has not gone unnoticed in our department. We are very pleased that your fast learning and intuitive mathematical skills is perfect for the work position you are in.
1. How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse and BOC? What is the source of Lincoln’s outstanding and enduring success?
The company in-fact have multiple divisions, including Universal Television, Universal Studios Home Entertainment, Universal Studio’s Parks & Resorts, Focus Features, Working Title Films, Illumination Entertainment and Universal Animation Studios
The Internet boom of the 1990’s gave rise to the popularity of America Online AOL and Time Warner saw themselves at a crossroads where old and new media would become one. The histories of both AOL and Time Warner are extensive and have not always been successful. Time Warner itself was created by two mega-mergers. The first merger was in 1989 between Time Inc., publisher of many magazines such as Time Magazine, and Warner Communications. Both companies have histories stretching as far back as 75 years or so. In 1996, this company merged with Turner Broadcasting, which brought CNN with its founder Ted Turner. These two mergers created a company ready to lead in any form of media. The company launched the HBO television network. Time Warner, headquartered in New York, had $27.3 billion in revenues in 1999 and a market value of $112.6 billion. On the other side of the merger there is new media giant AOL, today the biggest, richest, and most successful internet company in the world. It was founded in 1985 as Quantum Computer Services and by 1994, after changing its name, had a million subscribers. In its early years, it almost fell because of the problems associated with introducing unlimited access for a fixed monthly fee. As its number of users increased, so did its capacity problems, which made many customers angry because they could not get a connection. The problem was solved when AOL made a deal with MCI WorldCom, which led merge with its rival CompuServe.
Disney was founded by Walt Disney and Roy O. Disney in 1923. Throughout the earliest years they stabilshed themselves as a leader in animation and live action media. Later on, they would also begin to include other forms of entertainment and theme parks.
Disney is the parent company for many of societies favorite brands and products on a global scale. After doing research I can honestly say that the Disney brand owns almost every media outlet. According to PBS “The Walt Disney Company is the third largest global media conglomerate. Its FY 2000 revenues topped $25
Carnival Corporation is comprised of Carnival Cruise Lines; the world's largest cruise line based on passengers carried, Holland America Line, Windstar Cruises and Seabourn Cruise Line. It owns 25 cruise ships serving customers worldwide and has 6 new ships under construction. It basically has three market segments: Contemporary, Premium and Luxury.