Broadcast Stations face Increased Competition for Their $63+ Bil. Ad Revenue Base; Will Technology Save the Day? Industry Leaders to Discuss Future Trends at Kagan Radio/TV Values & Finance Summit
The upcoming Kagan Radio/TV Values & Finance '05 will feature top broadcasting executives taking the pulse of the industry's financial health. Now in its 22nd year, the March 16 summit, to be held New York, will feature 25 senior broadcast industry speakers and panelists — owners, operators, financiers, investors, advisors and advertisers — ready to discuss new technologies and competitive strategies in the broadcast business.
(PRWEB) February 14, 2005 -- With an advertising revenue base of more than $63 bil., and deal flow of almost $4 bil. in 2004, radio and TV stations are maintaining and growing their value, but they are also attracting more than their fair share of competition and regulatory attention.
Radio and TV stations, whether a part of a nationwide group of stations or locally-owned, are facing a competitive onslaught that demands transition. The challenge ahead requires stations to upgrade technology and adopt new business models to bolster their value and advertising prospects.
Focusing on new technologies, regulatory issues and new ways to compete, senior broadcast industry leaders are gathering to analyze the sectors values, challenges, key future trends and next steps at the upcoming Kagan Radio/TV Values & Finance Summit ‘05, March 16, at The Park Lane, NYC.
Keynote Speakers include:
- Eddie Fritts, President & CEO, National Association of Broadcasters (NAB)
- Jeff Smulyan, Chairman, President & CEO, Emmis Communications
- Steve Lindsley, Chairman & CEO, U.S. Digital Television
BONUS Presentation: The Future of Satellite Radio and Its Impact on Traditional Radio" by Jason Helfstein, Director/Equity Research, CIBC World Markets
The conference agenda will feature four panels and these panelist speakers:
Panel 1: Deals, Revenues & Finance: Tuning in to Future Trends
Panelists:
- Thomas Castro, President, CEO & Vice Chairman, Border Media Partners
- Les Hollander, Sr. Vice President & Regional Manager, Infinity Broadcasting
- Chesley Maddox-Dorsey, President & COO, AccessOne Communications
- Terry S. Jacobs, Chairman & CEO, Regent Communications
- Bruce Reese, President & CEO, Bonneville International
- Mary Catherine Sneed, COO, Radio One
Panel 2: The Clear Picture: The Future of TV Station Deals, Revenues & Finance
Panelists:
- Larry Patrick, President, Patrick Communications
- Bob Prather, Exec. Vice President & COO, Gray Communications
- Perry Sook, President & CEO, Nexstar Broadcasting Group Inc.
Panel 3: Broadcast Finance: Capital Costs, Availability, and Required Returns
Panelists:
- Jeffrey S. Amling, Vice Chairman/Global Media Group, Deutsche Bank Securities, Inc.
- Michael Andres, Managing Director/Broadcast, Harris Nesbitt
- John Hunt, Partner, ABRY Partners LLC
- Bruce Levy, Managing Director/Media & Communications Investment Banking, Wachovia Securities
- Victor Miller, Sr. Managing Director & Equity Analyst/TV & Radio Broadcasting, Bear Stearns & Co.
Panel 4: Radio/TV AD Sales: The Next Three Years
Panelists:
- Pierre Bouvard, President/Portable People Meter & International, Arbitron
- Gary Fries, President & CEO, Radio Advertising Bureau
- Peter Kosann, President of Sales & Marketing, Westwood One Radio Networks; Metro Networks/Shadow Broadcast Services
- Chris Rohrs, President, Television Bureau of Advertising
- Rich Russo, Director/Radio Broadcast Services, JL Media
- George Stewart, Category Development Officer/Music, Yahoo!
Event Location: The Park Lane, 136 Central Park South, NYC
Early Bird Rate: $795. Save $100 until Feb. 28, 2005. $895 regular. Discounted group and corporate season tickets available. Sponsorships invited.
About Kagan Research, LLC.
For over thirty-five years media and communications operators, content programmers and developers and investment advisors have relied on Kagan Research for expert intelligence, independent analysis and leadership in media business research from tech to finance. Kagan's consulting and publishing services offer exclusive financial data and analysis, relevant market advisories and accurate 5- to 10-year projections for TV, radio, cable, DBS, wireless, movie and sports sectors, as well as insightful perspectives on emerging media technologies, digital communications and advertising.
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