|HOME||MEDIAVILLAGE.com||WOMEN ADVANCING||HOOKED UP||MEMBERSHIP INFO||MEMBER COMPANIES||MEDIA BUSINESS REPORT||ECONOMIC FORECASTS||RESEARCH|
Published: September 16, 2011 at 05:40 AM GMT
Last Updated: September 16, 2011 at 05:40 AM GMT
With all the ongoing activity in the media space, this week proved to be good timing for research firm Nielsen (NLSN) to host an analyst meeting to explain the firm's new sales/service strategy. The firm has hired big name consultants from McKinsey, assigned them to global accounts, and will compensate them on client satisfaction. Needham's Laura Martin likes this strategy and believes it strengthens the firm's access to the C-Suite.
Bucking the trend of the recent spate of acquisitions in the media space, McGraw-Hill (MHP) appears ready to acquiesce to pressure from some large hedge fund shareholders and split itself into two companies. The result would be the clear separation of its educational franchise from everything else market-related (S&P, Platt's J.D. Power, etc.). The family-run business has taken quite a beating from its S&P unit's involvement in the subprime crisis and current CEO Terry McGraw III wants to step aside and unlock the value in the business founded by his grandfather in 1888.
While the extreme summer heat seems to be tapering off over much of the U.S., shareholders are turning up new heat on News Corp.'s (NWSA) management. According to the Financial Times, James Murdoch, the firm's deputy COO and son of founder Rupert, was recalled to a UK parliamentary committee to address accusations that he may have misled MPs. Thousands of new documents surfaced relating to the phone-hacking scandal embroiling the firm. In spite of the controversy, Nomura is standing by its top idea for 2011. Citing low valuation, fast-growing cable networks, and the benefits of the planned BSkyB merger, analyst Mike Nathanson thinks News Corp. is an even more attractive investment than before.
Amazon (AMZN) continues to push on the global growth button, and this week saw the launch of its 9th global site with a version tailored for Spain. Not content with one major news item for the week, word quickly leaked that an Amazon tablet was on its way to market. While investors got excited over news that Amazon would introduce a tablet version of its popular Kindle e-book reader, Barclays's reception to news of the device was a bit more tepid. Interested with the opportunity yet afraid, Amazon might be overreaching, analyst Anthony DiClemente took a wait-and-see approach to Amazon's depressed margins that accompany the prolonged investment cycle the Internet's biggest store is taking.
Strong smartphone adoption continues, especially in the Online Travel Agency space (OTA), but Nomura's Brian Nowak is suspect of where this incremental time and money is coming from. Consumers are checking out and checking in via travel apps and Foursquare, but it appears that these trends come at the expense of desktop usage. OTA's need to look elsewhere for their next leg of growth.
None of this has been lost on Google (GOOG), which finally launched Google Flight Search this week after the search firm acquired the technology from its M&A with ITA. The New York Times does a good job comparing Google Flight to the popular Kayak service.
While users can search multiple airlines and booking options for domestic flights through Google's new tool, Barclay's analyst Ronald Josey is disappointed the booking options are limited to direct air supplier sites only.
While Google's entry probably makes things tougher on incumbents like Orbitz (OWW) and Expedia (EXPE) as online air travel becomes even more commoditized, Barclays thinks Priceline (PCLN) is still the best positioned to leverage global travel trends.
It may only be September but online retailers already have an eye on the holiday spending season and it looks to be a doozy. EMarketer looks at a report published by MasterCard Advisors' "Spending Pulse" expecting retail sales growth to hit double digits (14%) this holiday season.
Holiday time is the most exciting part of the year in the media business. It's already not disappointing investors in the space.
You are receiving this e-mail as a corporate subscriber to Jack Myers Media Business Report. Re-distribution in any form, except among approved individuals within your company, is prohibited. As a subscriber you have full access to all archives and reports at www.jackmyers.com. If you require your ID and password, contact firstname.lastname@example.org
What Might Replace the Set-Top Box?
As Cisco punts legacy SA boxes to Technicolor, I thought I'd look around my home at the existing set-top boxes and the like. We've got a whole-home DirecTV set up so that's two boxes and two remotes (though a DirecTV app can replace the remotes). At the set in the living room are two more boxes with remotes: Apple TV and Amazon's Fire make it four so far. In my office is a Comcast box; that's five. And a router makes six. We've also got three TVs, a couple of laptops, a couple of iPads and a couple of iPhones … not to mention an iPod somewhere. And, oh yeah, an Amazon Echo ("Alexa, did I miss anything?" "You missed Chromecast.")
TCA Stand-Outs Large (Hallmark, Nat Geo) and Small (WGN, Up, El Rey)
One of the most interesting things about covering the cable days of the twice-yearly Television Critics Association tours is observing which networks or network groups most successfully grab the attention of the hundreds of reporters and critics attending their press conferences and which ones don't make much of an impression at all. The results can be very surprising.
The CFO/CMO Union
Will the CFO and CMO ever form a more perfect union? I recently saw a study produced by Ernst & Young and reported in the Wall Street Journal that claims collaboration between CFOs and CMOs is increasing. The survey also acknowledges that there is still a long way to go to establish a real partnership between their responsibilities, particularly as it pertains to "common practices and cultural differences." In my opinion a perfect union is unlikely but a better working relationship is not only necessary but critical to the success of a business. Let's explore.
Multi-Sensory Experiences for Brands
This week on Mindshare's Culture Vulture Live, Mark Potts explores multi-sensory opportunities for brands.
TV is from Mars and Video is from Venus
In a spring 2015 trend report Business Insider stated that video ad revenue will double in just two years and reach nearly $5 billion in 2016, up from $2.8 billion in 2013. Consumers' engagement online, over multiple devices, increases daily. As the landscape for what exactly constitutes "TV" or "video" changes rapidly, advertisers are racing to keep up.
The Macro Forces Behind Slow GDP Growth
Ever since the end of the Great Recession a few years ago, there has been much written about the lack of both economic growth and inflation. Much of this coverage mentions that the post-recession recovery is much slower than the recovery of past recessions of the late 20th century.
Early AT&T/DirecTV Merger Questions
Now that the consummation of AT&T's merger with DirecTV is done, how will this $40 billion-plus deal impact consumers from both parties and the TV world at large? Chances are you haven't heard much over that question up to now, in part because of how this deal was completed last week -- Federal Communications Commission approval mid-Friday afternoon, and AT&T putting out a press release, and only a release, of the consummation less than two hours later. That's way late for much analysis on the part of the business news channels or journalism in general.
Trevor Noah Hits TCA; Nat Geo Honors Cecil
In performance on stage Tuesday night and again in a press conference Wednesday morning, members of the Television Critics Association got to know the man they will likely honor in the years ahead with multiple TCA Awards in the category of Outstanding News Program – controversial comedian Trevor Noah (pictured at top), who will take over Comedy Central's "The Daily Show" on September 28. Noah, a smart and engaging guy who joined "The Daily Show" last year as a contributor, quickly and efficiently charmed the group, setting the stage for years of admiration and handily putting behind him lingering memories about a series of sexist and anti-Semitic jokes he tweeted a couple of years ago.
Is TV Currency Dead? Predictions from AOL Open Series
There is a lot of talk these days about the changing TV landscape, from the advancement of programmatic to the demise of dayparts, the Upfront and even our current currency. All of this made for a lively discussion at the recent AOL Open Series on Programmatic TV. The event featured a panel of media executives from across the spectrum including Dermot McCormack, President AOL Video and Studios; Jaime Power, Senior Partner at MODI Media; Dana Hayes Jr, Group Vice President of Global Partner Development for Acxiom, and Dan Aversano, Senior Vice President, Client & Consumer Insights at Turner Broadcasting. The panel was moderated by Dan Ackerman, Senior Vice President, Programmatic TV at Adap.tv.
Is the ESPN Bubble About to Burst?
It’s episode 24 of Media Unplugged with branding authority Tom Asacker and media strategist Mark Ramsey.
At Summer TCA 2015, Netflix is Everything
Is Netflix everything? It certainly seemed that way yesterday at the Beverly Hilton Hotel during the historic opening day of the 2015 Summer Television Critics Tour. In a quantum leap of participation, and perhaps as a reflection of its current position in the home entertainment marketplace, Netflix impressively filled an entire day with panels for current and upcoming programs, along with a session with Chief Content Officer Ted Sarandos (pictured at top). And just like that, the scrappy streamer joined the ranks of CBS, NBC, ABC, Fox and FX – the only programmers who consistently present full days of panels during TCA tours, at least those in the summer.
Stuart Elliott: A 'Gawkward' Media Moment
It probably won't be long before the gatekeepers at the world's dictionaries are asked to approve a new word: "Gawkward," meaning an embarrassing or discomforting situation drenched in schadenfreude, as when a website known for anything-goes posts that upset and provoke others gets a turn in the barrel.
The Generation Gap(s) in Digital Media
One of the less appealing characteristics of the more strident members of the digital community is their habit of suggesting that the world of media planning, buying and selling was ill-informed, ill served by its measurements and entirely unaccountable until they came along.
Media Execs' Priorities for New Media Marketplace
The rapid proliferation of new digital, mobile and social (DMS) channels has completely changed the way that companies are connecting with their consumers. DMS channels are increasingly becoming a top priority for advertisers when developing strategies and campaigns to target and engage their consumers. The opportunities and challenges that this shifting landscape presents have been well documented.
Rob Norman @ VidCon: What Makes Selfies Stick?
VidCon is no longer cool. I know this because I was there and history tells me that the moment I show up, that's it for the whole “cool” thing.