...Clear Channel Communications Case 1. Evaluate the sales process that led to the 37.60 offer. Did the sales process followed by the Board and the Special Advisory Committee maximize the offer price? What else should have been done, if anything, to increase the offer price? • In 2006 Mark and Randall Mays approached Goldman Sachs to discuss several options for the proposed sale of Clear Channel Communications. Options included a leveraged buyout, a complete spinoff of CCO, and/ or the sale of certain assets such as rural-market radio stations and all of its television stations. • The LBO came to the forefront and the Randalls met with private equity firms Blackstone and Providence Equity. Blackstone and Providence presented a bid as a consortium to buy Clear Channel for $34 per share. The independent board of directors swiftly rejected the price as they felt it was not adequate. Blackstone and Providence then indicated they might be willing to increase their bid to 35.50. Soon after private equity firms Thomas H Lee Partners expressed interest in bidding along with Bain Capital and TPG to form a competing consortium. Two more consortiums also had come together Apollo Management and the Carlyle Group, and Cereberus Capital Management and Oak Hill Capital Management. • Each consortium separately proposed a price of $ 36.50 per share. The board felt the bids were too similar to each other to choose and requested they improve their share price. In November 2006 the consortium...
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...Detecting Media Bias Nolan Tisdale HUM/111 9/15/2013 James Williams, PhD, DM, CHE Detecting Media Bias The article titled Lawsuit targets Medicaid expansion in Arizona, discusses the latest lawsuit filed by Legislators to targeting the federal Healthcare Reform Law. This article was posted on September 12 2013, on the Fox 10 Phoenix website. The subject of the article is the Lawsuit filed by 36 Republican legislators to target GOP Gov. Jan Brew’s plan to expand Arizona’s health care program. Having a clear understanding that Fox News identifies itself with, and targets the conservative Republican audience, it was very important to take this into consideration when determining the creditability of the story. It was important to observe the author presenting the facts in a clear and accurate manner, and paying extra care to detail. The fact that the author did not leave the facts to interpretation by making vague or over the top statements, leads one to believe that the article was not written in a bias manner. The story was presented in a manner that clearly identified and represented the perspective of all the parties involved in the discussion. The author describes the suit filed by 36 Republican legislators and a pair of citizens, through the Goldwater Institute, and the grounds on which these opponents of the Medicaid expansion plan believe they are filing the suit, while giving equal time and consideration...
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...SFX Entertainment Inc. Backgrounder Eastan Croson Southern Methodist University Abstract SFX Entertainment Inc. is the largest producer of live events and entertainment that are focused primarily on the electronic music culture (“EMC”). This company has excelled in presenting leading EMC festivals and events such as Tomorrowland, Sensation, Q-Dance, Stereosonic, Electric Zoo, Decibel, Nature One, MayDay, Ruhr-in-Love, Life in Color and TomorrowWorld; many of which have over a decade of history, passionate fans and vivid social communities. This company views EMC as a global generational movement being driven by a growing community of avid millennial generation followers. SFX states their mission as enabling the movement by providing the best live experience to fans, music discovery and by connecting other fans and events. Through continuing investments in their festivals and events, adding new creative aspects and expanding into new-unexplored markets, the company has become a major player in the production of electronic dance music (“EDM”) festivals and events. The company plans to continue its growth as well as launching new and exciting events for the EMC community. Keywords: SFX Entertainment Inc., EMC, EDM, music, festivals, events SFX Entertainment Inc. Backgrounder Company History SFX Broadcasting was founded by Robert F.X. Sillerman in 1992, and spurred the consolidation of the radio business after Sillerman bought 120 radio stations under the company’s name. SFX Entertainment...
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...1) What is the value proposition of XM to different consumer segments? Who should be the primary target market for XM? * Nationwide coverage with excellent audio service * Greater variety of channels to choose from * Availability: home as well as for people on the go * Commercial-free XM satellite radio’s ability to provide radio service throughout the entire country regardless of a consumer’s location. Furthermore, terrestrial radio offers limited selection and is becoming increasingly cluttered with commercials. Therefore, XM satellite radio provides a greater selection of radio for the various preferences of consumers, commercial free. Furthermore, as an added bonus subscribers will have the opportunity to listen online from their home or office. Based on XM’s research, their target market should be focused on the Tech-Seekers demographic. This demographic appears to present the best opportunity for market penetration. They are more inclined to purchase the XM service and become lifetime customers because of their desire to be on the cutting edge of technology. Moreover, this demographic is very similar to the second largest market interested in satellite radio, Tech-Friendly consumers. Therefore, there is greater opportunity for these Tech-Friendly consumers to purchase the service as well. Between these two groups, XM satellite radio has the ability to gain quick financial stability to capture more of the market share. 2) What aspects need to be considered...
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...Amanda Liford 11/05/2013 Short Story Analysis The Catbird Seat The Catbird Seat, written by James Thurber, is a short story about Mr. Martin who carefully puts together a plan to remove the new special advisor who has done nothing but threaten to eliminate his department and belittle him. She even asks him if he is “sitting in the catbird seat?” which he later finds out means sitting pretty. This story doesn’t end the way he had planned or does it? The story begins with Mr. Martin secretly buying a pack of Camels cigarettes because the staff of F&S believe that he has never smoked or drank. Mr. Martin has been working for F&S for twenty-two years. He is a very concentrated man and worker. Mr. Martin is very set in his ways and almost even OCD. He has his routine and he sticks to it. Not only that but he is very thoughtful about what he is trying to accomplish and looks at everything and every step of every possible outcome. This has been the reason for his success. So when someone like the new special advisor, Mrs. Barrows, comes in and tries to delete Mr. Martin’s department, he has a good reason to be upset that someone is messing with his routine. She has also been the cause of several other employees quitting or being fired. Mr. Martin sees the threat she has caused this company and will find a way to take care of it. Mr. Martin has carefully crafted a way to surprisingly kill Mrs. Barrows. This doesn’t seem like something Mr. Martin could execute but like...
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...Detecting Media Bias Detecting Media Bias The recent news article I have chosen is the standoff that is happening in Southern Nevada between the Federal Government and Cliven Bundy, a local rancher. The Federal Government claims that Bundy has not paid grazing fees for the last 20 years, Bundy feels that he does not have to because his family have worked the land since the 1880’s, which would give him rights to the land (Fox News, 2014) . The report by Fox News on their website appeared to be accurate, but it was clear that they were definitely siding more with Mr. Bundy than with the Federal Government. There were only comments and statements from Mr. Bundy himself or his supporters. When I checked the same story at CNN’s website, they had statements from both side of the issue. The report mentions how Bundy’s family called for assistance from Militia and his supporters after a couple acts of violence from law enforcement, his son was shot with a stun gun and his sister was pushed to the ground. There was no mention in the Fox new report, that the Bundy family and their supporters confronted rangers, and that a police dog was kicked and officers being assaulted, incidences that were reported on the CNN website (CNN, 2014). The report is clearly only reporting and favoring one side of the story, where as other news agencies are reporting a more balanced story. The Fox news report is putting a lot of emphasis on to the rights and treatment of Mr. Bundy, stating...
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...Business Strategy: Pandora created and provides an easily accessible Internet radio platform personalized to and by individual listeners. Launched in 2000, Pandora Media created a way for individuals to stream their favorite songs without purchasing them. With over 900,000 songs, Pandora takes the likes and dislikes of each individual consumer into account to make customized stations of exactly what they want to hear. Pandora is focused on Mobile Monetization which is a two prong approach. Digital Strategy and Radio Strategy are the two main areas of focus. The Digital strategy is focused on reaching its customers through the online and mobile devices where the Radio Strategy is trying to reach more consumers through the Interactive and Measureable Audio Products. Traditional broadcast radio currently stands at approximately $73 per 1,000 listener hours, where the mobile platform only stood at $20, which shows the most room for improvement. The mobile platform had increased by 50% since last year and is forecasted to continue to climb at a rapid rate. Close to 70% of all active listeners, now come from the mobile platform which shows transition of today’s society. Pandora has over 200 million registered users and more than 76 million active users. Pandora's major source of revenue are through advertisements it serves on its mobile and web platform. Currently Pandora serves less than one minute of audio ads per hour of listening. This guarantees greater consumer interaction...
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...Dr. Carlos S. Lanting College Casaul General Hospital 16 Tandang Sora Avenue, Sangandaan, Novaliches Quezon City (02) 938-7782/938-7789/ (02) 939-7229 College of Business Administration Marketing Plan “CLICK ADS” Submitted as a partial fulfillment of the requirements in Principles of Marketing Presented by: Beriña, Ivan Jan Erick C. Cuarez, Hazel D. Dulay, Erika M. Ferrer, Juvenal Mark I. Reyes, Darlene Joy B. BA – 12A TABLE OF CONTENTS APPROVAL SHEET ACKNOWLEDGEMENT TITILE PAGE II – EXECUTIVE SUMMARY III – CURRENT SITUATION – MACROENVIRONMENT IV – CURRENT SITUATION – MARKET ANALYSIS V – CURRENT SITUATION – CONSUMER ANALYSIS VI – CURRENT SITUATION – INTERNAL VII – SUMMARY OF SITUATION ANALYSIS VIII – MARKETING RESEARCH VIV – MARKETING STRATEGY – PRODUCT X – MARKETING STRATEGY – SEGMENTED MARKETING ACTIONS AND MARKET SHARE OBJECTIVES XI – MARKETING STRATEGY – PRICE XII – MARKETING STRATEGY – PROMOTION XIII – MARKETING STRATEGY – DISTRIBUTION XIV – IMPLEMENTATION XV – FINANCIAL SUMMARY XVI – SCENARIOS XVII – APPENDIX APPROVAL SHEET Fulfilling the requirement in Marketing – I. This is to certify that the Marketing Plan prepared by the following students: Beriña, Ivan Jan Erick C. Cuarez, Hazel D. Dulay, Erika M. Ferrer, Juvenal Mark I. Ramos, Henri B. Reyes, Darlene Joy B., entitled “CLICK ADS” has been approved by our professor as a satisfactory completion of her...
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...Oracle DBA Interview Questions and Answers Compiled By Mohamed Fowjil Abdul Hameed Contents Oracle DBA Interviews - Overview 2 Oracle DBA Interview Questions and Answers – ARCHITECTURE 4 SENIOR ORACLE DBA INTERVIEW QUESTIONS 31 MID LEVEL ORACLE DBA INTERVIEW QUESTIONS 57 Oracle 11g Database New Features Interview Questions and Answers 65 Oracle RAC Interview Questions and Answers 70 Oracle RAC Interview Questions (10g) Questions and Answers 137 Oracle Data Guard Interview Questions and Answers 168 Oracle ASM Interview Questions and Answers 205 Oracle Patching,Cloning and Upgrade Interview Questions and Answers 219 Oracle Backup and Recovery Interview Questions and Answers 228 Oracle RMAN Interview Questions and Answers 232 Oracle Performance Tuning Interview Questions and Answers 237 Oracle Performance Tuning Interview Questions and Answers 245 Oracle Export/Import (exp/imp)- Data Pump (expdp/imp) Interview Questions and Answers 249 UNIX Interview Questions and Answers for Oracle DBAs 254 Oracle DBA Interviews - Overview Dear Readers, Hereby, I am sharing my experience of interviews asd technical discussion with various MNC Dba’s, Project managers and Project delivery managers and Technical architects, as part of my interview preparation, I used to refer my own work note as well as web sources below details are a consolidate form of my interview preparation and Oracle dba interviews questions and answers General Guide line:...
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