Part 1: In 2000, Radio One, Inc. sees strategic opportunity in the opportunity to grow through acquisition, following a Clear Channel divestiture mandated by the FCC. The divestiture poses the opportunity to Radio One to acquire twelve (12) urban stations that are in the top 50 African American markets in the U.S. Even though the company saw tremendous growth through acquisition over the prior decade, this unique situation has the potential to generate significant shareholder value and further increase market dominance. If they choose to acquire these 12 channels, along with 9 other stations in a separate acquisition, it would double the size of Radio One and give it a national presence in the largest African American markets. …show more content…
8,092 | + Depreciation | 17,073 | 17,073 | 17,073 | 17,073 | = FCF | 33,216 | 37,304 | 42,334 | 47,771 | Part 2: Estimate of New Markets Net Income | | 2001 | 2002 | 2003 | 2004 | Broadcast Cash Flows (BCF) | 136,034 | 158,249 | 180,786 | 205,920 | - Corporate Expenses | 6,900 | 7,935 | 9,125 | 10,494 | - Depreciation | 107,500 | 107,500 | 107,500 | 107,500 | = EBIT | 21,634 | 42,814 | 64,161 | 87,926 | - Taxes (35%) | 7,572 | 14,985 | 22,456 | 30,774 | = Net Income | 14,062 | 27,829 | 41,705 | 57,152 | | | | | | Estimate of NWC and Change of NWC | | 2001 | 2002 | 2003 | 2004 | Current Assets | | | | | - Current Liabilities | | | | | = Net Working Capital (NWC) | 32,078 | 36,115 | 39,996 | 43,955 | | | | | | NWC as a percentage of revenues | 25% | 25% | 25% | 25% | | | | | | | 2001 | 2002 | 2003 | 2004 | Net Revenues | 128,313 | 144,460 | 159,985 | 175,820 | Change in Net Working Capital | 3,543 | 4,037 | 3,881 | 3,959 | | | | | | Capital Expenditures | | 2001 | 2002 | 2003 | 2004 | CAPEX for existing business | 4,683 | 5,619 | 6,743 | 8,092 |
The problem in this case is that KCDE-TV employees have the strong feeling of inequity.
The service includes a touchpad home monitoring console to manage multiple utilities at home, including security sensors and cameras, thermostat, appliances and lighting. Management and access to these services is also available on smartphones through a home monitoring application. Rogers Communications provided a suite of digital marketing services to Canadian small, medium, and enterprise size business. Services include search engine optimization, mobile marketing, social media marketing, pay per click, and analytics. In May, 2013 Rogers Communications launched "Vicinity" a loyalty and marketing automation platform for small and medium businesses in Canada. The platform provides local retail businesses across Canada with the opportunity to provide customized loyalty
John Cheever’s "The Enormous Radio" represents the enormous amount of hidden truths in American society of the 1940s. The problems with society during this time were hidden behind a facade of goodness; however, this false innocence becomes visible through the radio owned by the Westcotts. The radio causes the Westcotts to evolve from an innocent, naive pair who believe that everything they see is real, into individuals who realize that appearances are deceiving.
We don’t see much of Jay, rather, we hear quite a lot. What we are hearing from Jay
Radio One would benefit from the acquisition in the sense that its size would be doubled and its national platform be built, its revenue increase significantly, and having the possibility to go through planned expansion into
Many authors use the personification of inanimate objects to symbolize the feelings and expressions of their characters. One example of this is in John Cheever’s short story, "The Enormous Radio." Although critics argue that the characteristics of the radio are the opposite of those of Jim and Irene Westcott, the radio actually reflects the couple’s life.
Oak Creek is one of Irvine’s newest communities having been built in the late 90’s and early 00’s. Its proximity to the 405, the 5, and 133 Freeways give residents easy access to the surrounding area. For example, the Irvine Spectrum is only five minutes away.
The movie “Radio” is the tale of a young African-American man who suffers from severe mental retardness and his journey to fame from football in the small South Carolinian town of Anderson. James “Radio” Kennedy is befriended by the T. L. Hanna High School head football coach, Coach Jones, and begins to help as an “assistant coach” of some sort. Eventually, James begins to attend Hanna High as an eleventh grade student due to the persistent efforts of Coach Jones.
Over the past decade, significant changes in regulations, advances in technology, and shifts in competitive dynamics began transforming the cable industry. Companies within the industry were forced to adapt by acquiring economies of scale and scope. American Cable Communication was seeking to acquire AirThread Connections for three reasons. The two companies could help each other become more competitive in an industry that is moving toward bundled package service offerings. The acquisition would help both companies expand into the business market, and lastly American Cable was in a unique position to add value to AirThread’s operations. They could obtain a significant amount of
Throughout the story Diane, feels as if she is merely telling a story for the purpose of entertainment. This is portrayed by her description of all the characters in this heartfelt story. In “Radio Labs: The Living Room” she states “... all we could see was this young couple, consisting of this young girl with a well built boyfriend”. Descriptions of the characters are kept open to the imagination and the audience does not know any significant features of this young couple. Many people could match the description and the audience still would not know who their identities were. Diane insists on keeping most of the attention on the actual plot of the story through the emotion she felt as this young couple story was told.
Have you ever had a colonoscopy or endoscopy – where they take a camera and look through your mouth down into your stomach; or a camera that goes in your rectum that looks through your bowel and intestines?
In the One act radio play “That’s Extraordinary”, the radio broadcasters secretly recorded a women contemplated suicide. In my personal opinion I think that this radio play was unethical and inhumane. The reason I believe this is because I think they are praying on this girl’s weakness in order to create entertainment and money for themselves. They are being completely selfish in using a girl to help their own needs. I believe that this play would appeal to people who are thinking about ending their life, but I also think this play has a positive side to it because in the end she chooses to fight through her problems. This play ended with Alicia finding out this was all for a reality program and realizing there are things in life worth living
In the short story by John Cheever called "The Enormous Radio" it begins with Jim and Irene Westcotts appearing like the perfect American family. Cheever describes them as "the kind of people who seem to strike that satisfactory average of income, endeavor, and respectability" (Cheever 1). What is ironic about this story is the Westcotts are far from being the perfect family and the community they try to conform to is just as imperfect as the Westcotts themselves. A way the Westcotts try to live up to their society is by keeping secret the fact that they listen to the radio and attend musical events. This is because these activities were not something members of their community did. For example, Cheever says the "Westcotts differed
Radio is an ideal media for marketing fast moving consumer goods because it can reach wide targeted listener demographics in urban territory. A large number of people listen to radio while traveling in urban areas and respond to the broadcast of various commercial messages.
We intend to use radio networks to also promote the product. The reason for selecting radio networks are because the people that fall within our target market listen to the radio often. This insight is based on research that showed that most people within our target market listen to the radio daily. The specific radio networks we intend to use are Joy FM and Peace FM. The reason for selecting these networks is because most people that fall within the middle-class to upper-class listen to radio networks such as Joy FM whereas those who