...1- How attractive is the merger of Time with Warner? b) Is the proposed exchange ratio of 0.465 per Warner share attractive? Is Time Paying the right price for Warner? c) Does the merger make sense strategically? a) What are the value enhancement opportunities? Una fusión sólo tiene sentido económico, cuando la empresa fusionada vale más que las dos empresas por separado. Generalmente hay tres razones principales que justifican una fusión. En el caso de Time- Warner y estos tres motivos están presentes: 1. fusión horizontal -se definen como "combinación de dos empresas en la misma línea de negocio". Time y Warner estan en la misma línea de negocio, la fusión puede ser considerada como horizontal. La razón principal de las fusiones horizontales es la explotación de economías de escala. "Los ahorros provienen de la consolidación de las operaciones y eliminar costos redundantes, [...] compartir servicios centrales como la gestión de oficina y contabilidad, control financiero, desarrollo directivo, y la gestión de nivel superior" . Time y Warner también están siguiendo estos objetivos. 2. fusión vertical - "Una fusión vertical implica empresas en diferentes etapas de la producción. El comprador se expande de nuevo hacia la fuente de materias primas. La materia prima en nuestro caso es el contenido, es decir, películas y series. Una forma de lograr economías de escala es difundir...
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...The Astro Malaysia Holdings Berhad is estimated to use differentiation strategy. Astro is a leading integrated consumer media entertainment group in Malaysia and Southeast Asia with operations in 4 key areas of business, namely pay-TV, Radio, Publications and Digital Media. Firstly, Astro is the only satellite TV service in Malaysia. Many new firms have high barriers of entry to enter the industry of satellite TV. This is because Astro has made such a big name for themselves. The first thing that comes to Malaysian customer's mind when satellite TV is mentioned would be Astro because Astro has built strong brand recognition and brand loyalty to the point. Without Astro, Malaysian citizens would not be able to watch certain shows and news as Astro provides channels that broadcast shows from around the world, from news to sports to entertainment. /511893 Astro provides 170 TV channels, including 71 Astro-created and branded channels, and over 30 HD channels, delivered via DTH satellite TV, IPTV and OTT platforms with a customer base of over 3.5 million residential customers or approximately52% penetration of Malaysian TV households. Astro provides Astro B.yond and Astro On-The-Go HD with 3D, PVR, VOD and IPTV services. Fulfilling its promise to bridge the digital divide for all of Malaysia, Astro has introduced NJOI as the country’s first non-subscription based satellite TV service, offering 19 TV and 20 radio channels. Next, The industry of Pay TV have quite a few firms but...
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...month. There are no due dates and no late fees – ever. All Netflix plans include both DVDs delivered to subscribers' homes and, for no additional fee, movies and TV series that can be started in as little as 30 seconds on subscribers' PCs. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 100 U.S. shipping points. Nearly 95 percent of Netflix subscribers live in areas that can be reached with generally one business day delivery. Netflix offers personalized movie recommendations and has two billion movie ratings. Although, very successful completion grows which are threats to the company. Netflix needs to create a strategy to be able to Partner with cable companies and networks such as HBO, Cinemax that do not license any of their series. They need to create a team hence forth, spend and analyze critically their hiring decisions. This team will be monitoring, evaluating and disseminating the information from the external and internal environments to key people within the organization. They need to create a pool of highly qualified experienced personnel that would efficiently and effectively generate a strategic plan that will create revenue, increase customers, ensure customer satisfaction, increase partnerships, and provide employees a benefit package that will increase productivity, creativity and partnerships with cable companies, networks, etc. With a set of managerial decisions and actions that determines the long-run performance...
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...Netflix in 2012: Can It Recover from Its Strategy Missteps? Company Overview: Netflix Corporation was established in 1997 by the current CEO, Reed Hastings alongside software executive, Mark Randolph. They are the world’s leading internet television network with over 57 million members in nearly 50 countries enjoying more than two billion hours of TV shows and movies per month, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen. Additionally members can play, pause and resume watching, all without commercials or commitments. The company was originally only a DVD--by--mail service in which the customer paid for a certain level of membership that determined how many DVD’s could be rented at one time. DVD’s were mailed to the customer and then returned by the customer when they were done watching. After a couple years in business, the company began including streaming services along with this. The goal here was to reduce costs by trying to get the subscribers to switch to streaming, which would reduce the costs incurred for postage and shipping with the mailed DVDs. By 2009, Netflix was offering a collection of 100,000 titles on DVD and had surpassed 10 million subscribers. Strategic Challenges and Analysis: Hastings developed a strategy which made Netflix the largest online subscription service for streaming entertainment in the world. Netflix’s strategy includes...
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...The SingTel Group is Asia’s leading communications group, providing a diverse range of communication services and solutions, including fixed, mobile, data, Internet, info-communications technology, satellite and pay TV. We are the largest listed company on the Singapore Exchange by market capitalisation. The SingTel Group is Asia’s leading communications group, providing a diverse range of communication services and solutions, including fixed, mobile, data, Internet, info-communications technology, satellite and pay TV. We are the largest listed company on the Singapore Exchange bThe SingTel Group is Asia’s leading communications group, providing a diverse range of communication services and solutions, including fixed, mobile, data, Internet, info-communications technology, satellite and pay TV. We are the largest listed company on tThe SingTel Group is Asia’s leading communications group, providing a diverse range of communication services and solutions, including fixed, mobile, data, Internet, info-communications technology, satellite and pay TV. We are the largest listed company on the SingapThe SingTel Group is Asia’s leading communications group, providing a diverse range of communication services and solutions, including fixed, mobile, data, Internet, info-communications technology, satellite and pay TV. We are the largest listed company on the Singapore Exchange by market capitalisation. ore Exchange by market capitalisation. he Singapore Exchange by market capitalisation...
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...Miami (then a CBS affiliate on channel 4, now an NBC owned-and-operated station on channel 6). The signals were broadcast beginning in August 1977 on WWHT-TV (channel 68) and later on WSNL-TV (channel 67) out of Smithtown, New York. The service had ended by 1986. Contents [hide] 1 Overview 2 List of Wometco Home Theater affiliates 3 References 4 See also Overview[edit] Wometco Home Theater descrambling box. Initially subscribers paid $15 for a set-top descrambling box that allowed subscribers to view channel 68's scrambled television signals (a later addressable, 2-channel version of this descrambler was developed under vice president of engineering, Alex MacDonald). The service was similar to Home Box Office (HBO), but a Wometco executive told The New York Times that WHT was more likely to select films with a particular interest to the New York City area. Wometco also targeted areas that were not yet served by cable television (although parts of Manhattan had cable television service as early as 1971, the vast majority of the five...
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...ADDITIONAL TV PLANS ADDITIONAL PACKAGES WHICH REQUIRE SUBSCRIPTIONS CHANNEL NAME CHANNEL NAME CHANNEL NAME CHANNEL NAME VARIETY PASS Reelz Revolt RLTV Science Smithsonian Sprout Sundance West TBN Teennick The Sportsman Channel Tr3s TWC SportsChannel Univision Deportes VH1 Classic TWC MOVIE PASS Encore Encore Action Encore Action West Encore Black Encore Black West Encore Classic Encore Classic West Encore Family Encore On Demand Encore Suspense Encore Suspense West Encore West Encore Westerns Encore Westerns West FX Movie Channel IFC Sundance Channel Sundance West TWC Movie Pass On Demand TV EN ESPAÑOL MAS AYM Sports CBTV Cine Mexicano GolTV Mexico 22 TBN Enlace Teleformula Viendo Movies Al Jazeera America American Heroes Aspire BabyFirst BBC World News BBCA beIN SPORTS beIN SPORTS Espanel Bloomberg Boomerang C-SPAN 3 Canal de Tejas CBS Sports Network CCTV News Centric Chiller Cloo CNBC World Cooking Channel Daystar Destination America Discovery Family Discovery Life Disney Jr Disney West Disney XD DIY Network El Rey English Premier League ESPN Deportes ESPNews ESPNU Esquire Family Net Flix Flix West FM Fox Deportes FOX Sports 2 Fuse FXX FYI GSN H2 Hallmark Channel Hallmark Movies & Mysteries IFC Lifetime Real Women Logo MLB Network MTV Hits MTV2 Multimedios Nat Geo Wild NBA TV NBC Sports Network NBC Universo NFL Network Nick Jr Nicktoons Outdoor Channel Ovation QVC Plus El Paso HD PASS beIN SPORTS MAV TV MGM HD Smithsonian Universal HD TWC SPORTS PASS beIN SPORTS...
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...Cable and Satellite Television Aren’t Worth Their Cost From the introduction of the television set until the 1980s, free, antenna-based television dominated American households. But beginning in that decade, a fierce trend toward paid, premium television erupted. By the 2000s, more than 80% of all households subscribed to either cable or satellite television (“Television”). But as the demand for such services soared, so did the cost. In 2007, my cable bill averaged $70; less than three years later, it had swelled to $100. And beyond introductory teaser rates, the competition didn’t yield any significant savings. But my search did yield that there’s too many free and low-cost services that provide an alternate to cable and satellite television, thus rendering the cost outrageous. The Internet provides a wealth of complimentary entertainment. Most major networks, including many premium channels, offer their programming available online within a timely fashion after its original broadcast. Several television and movie producers make available a large library of content online; the most famous is probably Sony, which does so through Crackle. Websites such as Hulu and Youtube offer further collections of content available online. Additionally, there’s a wealth of websites providing independent and original programming. The transition to digital television has opened a wealth of new channels available as sub channels. Thus, the amount of antenna-based programming can...
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...FINANCIAL MARKETS AND INSTITUTIONS The core purpose of the following report is to analysis 5 of the top British Banks based on their total assets and by looking at their key balance sheet items, income statement items and financial ratios.. Most of the banks in the UK are MNCs. The top 5 banks in the United Kingdom have 90 percent market share. Here is the list of the top 5 banks in the UK: 1. HSBC 2. Lloyds Banking Group PLC 3. Standard Chartered Bank 4. Barclays 5. Royal Bank of Scotland Group Analysis of the key balance sheet and income items is as follows: Loans is one of the most important balance sheet items, as the ability to pool deposits from many sources that can be lent to many different borrowers creates the flow of funds inherent in the banking system. Gross loan is the total amount of issued credits given to banks during the accounting period. We can see from the graph below that HSBC maintained the most steady gross loan figures between 2008 -2012. This was despite the economic depression of 2008 by which RBS was evidently affected by the most with their gross loan figure being the lowest in 2011 of only £24979 million. One of the reasons for this is that UK taxpayers bailed out RBS in with the government owning over 80% of the business while HSBC avoided government assistance. Net Income is the amount of profit money a business has after determining total gross business income and deducting all expenses, taxes, depreciation, and interest. We...
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...Knowledge and Abilities Paper Professionalism is a key tool that everyone must contain in order to succeed in a career. There are many abilities to develop and knowledge to consume before and during one’s career. These abilities and knowledge can be learned through years of experience and different situations in the work place, or through multiple professional organizations across America. One leading organization that teaches professional knowledge and abilities is The Future Business Leaders of America (FBLA), a nonprofit education association. The Future Business Leaders of America has four divisions in the association. The Professional Division for businesspeople is for parents who support the association, FBLA-PBL alumni, and/or educators. The Phi Beta Lambda (PBL) division is for postsecondary students, and the FBLA division is for high school students. There is also a division for middle and intermediate school students (FBLA-Middle Level), for grades five through nine (Future Business Leaders of America, 2010). With the concept of the Future Business Leaders of America developing in 1937 and the first high school division being founded in 1942, the association has now stretched to nearly a quarter of a million members and over ten thousand advisors across America. Multiple conferences are held yearly, including general sessions, exhibits, workshops and seminars for all members as well as advisors to motivate success, benefit networking, and learn ways and ideas to shape...
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