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.
Sumner M. Redstone has been chairperson since 1987, he did not become CEO of the company until 1996. However, Mel Karmazin became president and CEO of Viacom in May 2000. He was previously the president of CBS and he oversees all the operations of the corporation. He joined CBS in 1997 where he was chairperson and CEO and when Infinity merged with CBS radio he was chairperson there from 1981, until Infinity became a full subsidiary of Viacom in Feb. 2001.
Viacom is a leading global media company, with many positions in broadcasting cable, television, radio, outdoor advertising, and online. With programming it appeals to audiences in every category across all media, the company is a leader in the creation, promotion, and distribution of entertainment, news, sports, music, and comedy. Viacom’s well known brands include CBS, MTV, Nickelodeon, Nick at Nite, VH1, BET, Paramount Pictures, Infinity Broadcasting, Viacom Outdoor, UPN, TV Land, Comedy Central, CMT: Country Music Television, and Showtime.
Some of the Broadcast and Cable Television that were by Viacom are some of the following:
CBS Television Network is the Number one most watched network with more than two hundred stations providing viewers with some of the nation’s best entertainment, news and sports programming. Popular programs include CSI: Crime Scene Investigation, Everybody Loves Raymond, Survivor, the Late Show with David Letterman and 60 Minutes. Sports stations however, include the NFL and the NCAA Basketball Championship. Daytime drama The Young and The Restless leads a daytime pr...
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... however promise by Viacom itself. The $50 billion merger between Viacom and CBS Corporation was completed in May 2000. Viacom is now the second largest media worldwide after AOL Time Warner, with 1999 sales of over $12 billion. The CBS-Viacom merger creates the second largest media conglomerate, controlling more TV and radio stations than any other and the feature of the announced takeover of CBS by Viacom was how little public attention it attracted. There the deal was announced by Viacom Chairman Sumner Redstone and CBS President, Viacom now has its eye on synergy, one of the world's largest media companies in the world. Viacom spans movies, television, radio, the internet, and it owns BET (Black Entertainment Television), CBS, Paramount Pictures, the United Paramount Network (UPN), MTV.
However, Viacom productions is used everywhere in the world today, many of it’s business are dealt with motion pictures, broadcast television, cable television, radio and outdoor, retail and recreation, publishing, online, and many other things around us. Viacom is one of the best programs I think we have as far as the TV programs much more.
NIKKI FINKE, E., & ANDREEVA, N. (2014). Comcast Internal Memo From NBC Universal Boss Steve Burke Reveals Organizational Structure Under New Owners. Deadline.com. Retrieved 18 May 2014, from http://www.deadline.com/2010/11/breaking-comcast-internal-email-from-nbc-universal-boss-steve-burke-reveals-new-organizational-structure/
McNeil, Alex. Total Television: The Comprehensive Guide to Programming from 1948 to the Present, 4th Edition. New York, New York. 1996. Penguin Group Inc. Print.
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).
Netflix utilizes a number of different advertising methods. Netflix created a coupon in the form of an enlarged movie ticket offering a free month of service. These “movie tickets” are given out at cash registers at all Best Buy stores and are included in packing boxes of most of the major DVD player manufacturers (Sony, Philips, Toshiba, Panasonic, RCA, etc.). Best Buy’s website also has a link directly to Netflix which is under the “DVD rental service” drop down menu. Each DVD mailer sleeve from Netflix includes a tear off “tell a friend” certificate with a promotion code that provides the bearer with a free month of service. At one time, Netflix sold banner ads on their websites. However, they abandoned this strategy after three months because the revenue stream was not sufficient to cover the cost of maintaining the ads. Netflix also has an aggressive affiliate program. The affiliate program encourages other websites to provide links to Netflix and offers a referral fee for linked new members at a range of $9-$12 per member. This fee is dependent upon the number of referrals provided in a month. If a site is successful at delivering greater than 200 new customers in a month, the referral fee is negotiable, up to $30 per new customer. Netflix is a straightforward company. It rents DVDs via the Internet and sends them to you through the U.S. Postal Service. For a flat fee of $19.95 a month, you can build a list of movies at the Netflix.com Web site that you want sent to your home. The company sends you the first three along with prepaid return envelopes. When you're ready to send them back, you put them in the return envelopes and drop them into any mailbox. The minute the return is processed, the next one, two, or three DVDs are on their way. Depending on where you live, the turnaround time is two to five days.
Garvin, Karen S. “Television Technology.” The Thirties in America. Volume 3. Ed. Thomas Tandy Lewis. Pasadena: Salem Press, 2011. 945-946. Print.
The ‘Golden Age of Television’ is what many refer to as the period between the 1950s and 60s when the television began to establish itself as a prevalent medium in the United States. In 1947, the American Broadcasting Company (ABC), Columbia Broadcasting System (CBS), the National Broadcasting Company (NBC), and the Du Mont Network were the four main television networks that ran stations with regular programming taking place. (Television, 2003) While regular television programming was a new innovation, the television itself had been commercially available for over twenty years prior to the 50s. It was conceived by many worldly innovators and went through several testing stages before it was finally completed in the late twenties. The three main innovators were Niplow - who first developed a rotating disk with small holes arranged in a spiral pattern in 1884, Zworykin - who developed the Iconoscope which could scan pictures and break them into electronic signals (a primitive form of the Cathode Ray Tube) in 1923, and lastly Fansworth - who demonstrated for the first time that it was possible to transmit an electrical image in 1927. (Rollo, 2011) However, one of the many reasons why this medium was successful in the 50s was due to the fact that it became more accessible to the public. Television sets were more affordable to middle class citizens which created further interest in the new technology. Through an historical account of the medium, the spread of television across America throughout this particular decade will be examined.
Today two of the top broadcasting companies are Clear Channel Communications, Inc. and Infinity Broadcasting Company. Clear Channel’s history begins in 1972 with the birth of the San Antonio Broadcasting Company. Three years later, the first “Clear Channel” radio station, WOAI-AM, was acquired – it had its own nationwide frequency. In the late 1980s, the Company entered the television business and acquired half a dozen television stations. In 1994 it became listed as Clear Channel Communications, Inc Common Stock and owned 43 radio stations and 16 television stations in 32 markets.
[1] Information was mainly taken from the Harvard Business Case Study “The Walt Disney Company: The Entertainment King”
Traditional AM/FM Radio. Sirius’s competition also includes traditional AM/FM radio. Unlike SIRIUS radio, traditional AM/FM radio has had a well established market for its services for many years and generally offers free broadcast reception paid for by commercial advertising rather than by a subscription fee. Also, many radio stations offer information programming of a local nature, such as local news and sports, which Sirius does not offer as effectively as local radio. Some radio stations also have begun reducing the number of commercials per hour, expanding the range of music played on the air and experimenting with new formats in order to compete more directly with satellite radio services.
Most people watch some form of sports, whether it be the Olympics or the highlights on ESPN. The NBA and NHL playoffs are underway and it seems to be the only news on ESPN. There is almost no coverage of the WNBA playoffs or any female athletics. Tennis is one of the only big sports on ESPN for women. While during the Olympics, the coverage seems to be non-stop and close to equal.
They are planning to integrate their broadcasting company and studio group into a single business. Since they are following in the fashion of many others within the industry, they can project that this change will allow them to better manage their money and it will provide a simpler way for them to make more money. This is because the company's focus will shift to being in only one place. Right now, especially in the field of news broadcasting, there is a push to have more of a positive outlook on changes in social issues. The company will have to address whether or not this fits into their image, at some point in the near future, and make a decision. According to World Economic Forum, as the media and entertainment industry continues to innovate its content (which is based on new technologies and changes in consumption habits), and change formats and business models, it must also balance its economic imperative and social role. So a challenge to the industry, as a whole, is to keep producing transcendent and inventive programs while also remaining up-to-date with popular culture. Finally, Twenty-First Century Fox Incorporated must be sure to be innovative in keeping the company up-to-date as the industry of media and entertainment is constantly changing. The challenges they have include keeping up with changes and advancements in technology, studying and estimating future consumer patterns, adapting to newly emerging business models, and being ready for the entrance of new competitors into their market. To face these issues, they must learn to simplify their operations, understand consumers, provide new and interesting content, and invest in many new business ventures. In fact, the media and entertainment industry is facing more changes now than it has ever before, so it is
The ownership and national culture of media system is the basic cause of the different media systems of the United States and China. Media system of the United States is considered as a free-market system. Large corporations control most the print media and the entire American broadcast media and, and wealthy individuals own these corporations. In 2012, The Walt Disney Company is the largest media conglomerate in the US, with Rupert Murdoch's News Corp., Time Warner, Viacom CBS Corporation and NBC Universal ranking second, third and so forth respectively (Lutz, 2012). Together, the "big six" dominate 90% news, radio, magazines, movies and other entertainments in the United States. The Walt Disney Company owns 10 television stations, 277 radio stations, Pixar Animation, and other entertainments. This large and diverse proportion of media holdings make sure that the power of speech is on peoples` side. Thus, the American government has less power to interfere the free speech of media industry.
Viacom was formed in 1971 by CBS Inc. to make popular TV system. After the Federal Communications Commission prohibited television networks from doing that. In 1976 it established the Showtime movie network, and in 1985 it bought the MTV networks, including the music video channels MTV and VH-1 and the Nickolodeon. In 1987 Viacom became owned inferior to the National Amusements Inc. movie theater chain. It continued to expand, acquiring more radio and television stations, adding cable channels and franchises, and producing films for Showtime and several popular television series for the networks. In 1994 Viacom got Paramount Communications Inc., a media conglomerate that had been founded in 1958 as Gulf + Western Corporation.
The 1960s by 1962, almost 800 cable systems serving 850,000 subscribers were in business. Not surprisingly, the growth of cable through the importation of distant signals was viewed as competition by local television stations. In response to broadcast industry concerns, the FCC expanded its jurisdiction and placed restrictions on the ability of cable system to import distant television signals. This action had the effect of freezing the development of cable systems in major markets.
...e, and technologically advanced economy in the world, with a per capita GDP of $31,500, the largest among major industrial nations. In the United States there are more than 1,500 (including nearly 1,000 stations affiliated with the five major networks-NBC, ABC, CBS, FOX, and PBS; in addition, there are about 9,000 cable TV systems) television broadcasting systems, and more than 550 movie studios. That was the rate in 1997. Now, those figures have gone up by about 56%. Americans like entertainment. That's what they spend their money on.