Cox Enterprises
Media Corporations in the Global Marketplace
Cox Enterprises, Inc. (CEI) is an Atlanta-based media conglomerate that has ties into nearly all media forms today. Since the founding of Cox Enterprises by James M. Cox in 1898, CEI has been established as a media staple through newspapers, radio, television, cable, telephone, and Internet communications . As of 2000, Cox Enterprises was ranked seventh in AdAge’s “100 Leading Media Companies” . Cox Enterprises is listed on the New York Stock Exchange and is currently being led by Chairman and Chief Executive Officer James C. Kennedy, the grandson of James M. Cox.
Cox Enterprises ,Inc. is the parent company for Cox Communications, Inc., Cox Interactive Media, Inc., Cox Newspapers, Inc., Cox Radio, Inc., Cox Television, and Manheim Auctions, Inc . Since James Kennedy became the CEO for Cox Enterprises in 1988, revenues have increased from $1.8 billion to more than $7.8 billion in 2000 . The public trading of both Cox Communications and Cox Radio since the company takeover by Kennedy has resulted in a respectable market capitalization of $27 billion and $2.4 billion.
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...
"COMPANY NEWS; CHAMPION ENTERPRISES NAMES PRESIDENT AND CHIEF." The New York Times, July 14, 2004.
Bryan-Michael Cox is a man born of music. It is in his DNA, infused in his born and sinew. He has a level of understanding about music theory and logic that is far beyond the comprehension of the modern day "music scholar" and surpasses the knowledge of any experienced teacher of the musical arts. Bryan-Michael Cox is in his own right, a living legend and one who inspires me the most.
During the mid 2000’s until late 2012, media mogul Rupert Murdoch’s newspaper company, News Corp, conceived one the biggest scandals in media history to date. Speculation of phone hacking occurred in November of 2005 when the Royal’s officials reported possible voice mail phone hacking to the police because News of the World released a story about Prince William hurting his knee. The victims of the phone hacking scandal not only included the Royal family but also politicians, celebrities, people who were murdered, and family members of soldiers who died during combat totaling the victim list to 3,870. The entire duration of the investigation revealed not only disturbing information about the conducts committed by journalist, but the conspiring with private investigators and the London police enforcement, also known as the Scotland Yard, to cover up corruptions on all ends (CNN, 2012).
TWC currently has an advantage of having a strong collection of brands that are owned under one roof. The collection of brands are Home Box Office Inc., Warner Bros., and Turner Broadcasting System. Each of these operating divisions allows TWC to gain a competitive advantage from opportunities for constructive collaboration (http://www.timewarner.com/our-company/about-us).
WHEN: They were founded in 1949, but the Hermens actually started the company in 1897
For much of its century long history, Nucor Corporation and its predecessors displayed turbulent performance. Several attempts at strategic and leadership realignment proved unsuccessful, and in 1965, the company faced insolvency. Since that time, however, the company has rallied around its steel operations to become the largest steel producer in the United States, with $4.3 billion in net annual sales. This case examines Nucor's development from an unprofitable conglomerate to a highly efficient enterprise. Specific focus on the evolution of the activity system underlying the organization lays the groundwork for systematic analysis of why some companies succeed while others fail.
MCI Case Analysis INTRODUCTION MCI is at a critical point in their company history. After going public in 1972, they experienced several years of operating losses. Then in 1974 the FCC ordered MCI's largest competitor AT&T to supply interconnection to MCI and the rest of the long distance market. With a more even playing field, the opportunities to increase market share and revenue were significant. In order to maximize this opportunity, MCI requires capital.
Verizon Communications Inc. has 13 Board of Directors, 1 CEO, 8 Executive Vice Presidents, 2 Presidents, and 5 Senior Vice Presidents. “Verizon Communications Inc., based in New York City and incorporated in Delaware, was formed on June 30, 2000, with the merger of Bell Atlantic Corp. and GTE Corp. Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000.” Verizon Communications Inc. is a publicly held Corporation. In this paper I will discuss the corporate roles and duties of a corporation. I will also discuss the differences of a publicly held and Closed corporation. Finally, I will discuss which type of corporation I prefer.
In 1985, InterNorth, a large energy and natural gas pipeline company acquired Kenneth Lay’s company, Houston Natural Gas, in an attempt to thwart a takeover. The newly converged company would later be named Enron. Kenneth Lay was named chairman and CEO very early on post-merger, and is considered to be the
Hospital Corporation of America (HCA). Staff Analysis Statement of Problem HCA, after following a conservative financial policy since its establishment, has entered the new decade preparing to make some changes in order to realign their financial strategy and capital structure. Since its establishment, HCA has often been used as a measure for the entire proprietary hospital industry. Is it now time for the market to realign their expectations for the industry as a whole? HCA has target goals that need to be met in order to accomplish milestones in the future.
During the early 1900’s and late 1800’s precipitated the first true form of American media. The daily newspapers have been a part of the United States for some time, but during 1880’s and 1890’s reports such as Joseph Pulitzer and William Randolph Hearst began to transform the newspaper in order for it to become the first major stepping stone in mass media. These publishers, especially Hearst, took advantage of the American involvement in foreign affairs. Hearst convinced his audience that sinking of a U.S ship during the Spanish-American War obliged a military response. Although Hearst was not the initial cause of the war, there was proof that he had the power to distort information, images and options. By World War 1, the media involvement increase by a tremendous amount.
From just one restaurant in San Bernadino, California, run by two brothers, McDonald’s has grown to become the best known and most popular fast food restaurant chain in the world.
The Walt Disney Company is an American diversified multinational mass media corporation which is the largest media conglomerate in terms of revenue. It is present in five major industries - media networks, parks and resorts, studio entertainment, consumer products and interactive. According to the 2013 Fortune 500 list, The Walt Disney Company is the largest media conglomerate in terms of revenue in the United States, and it is followed by the News Corp, Time Warner, CBS and Viacom. (Fortune 500, 2013)
Enron Corporation was an American company that specialized in energy commodities and services well known for its impressive rise and scandalous decline. The company was based in Houston, Texas and was formed in July 1985 as a result of Houston Natural Gas merging with InterNorth, an Omaha based company. Kenneth L. Lay, who previously worked as the CEO of Houston Natural Gas, became the chairmen and chief executive of the newly formed Enron in 1986 (Jelveh and Russell, The Rise and Fall of Enron). Enron initially began as an interstate and intrastate natural gas piping company containing 37,500 miles of pipe. The earliest signs of trouble surfaced in January 1987, when the company became aware of...
Although many think of the firm as American, its origins can be traced to the United Kingdom. Price Waterhouse’s beginning started in 1849 when Samuel Lowell Price opened his accounting practice in London. In 1865, Price joined forces with fellow Brits, Holyland and Waterhouse. They renamed the firm Price Waterhouse & Co. Similarly, Coopers& Lybrand started in the United Kingdom, when William Cooper opened his firm in 1854; it was later known as Cooper Brothers. In 1957, three firms, Cooper Brothers (U.K.), McDonald, Currie, & Co. (Canada), and Lybrand, Ross Brothers, & Montgomery (U.S.) merged to form Coopers & Lybrand. Price Waterhouse and Coopers & Lybrand were both extremely successful from the 1960s through the 1980s, adding to their menu of services and expanding internationally. In the early 1990s, a wave of consolidation in the professional services industry driven by potential synergies and economies of scale led to the merger of Price Waterhouse and Coopers & Lybrand. Thus, Pricewaterhouse...