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News Article | May 15, 2017
Site: www.businesswire.com

NEW YORK--(BUSINESS WIRE)--BET Networks, a unit of Viacom Inc. (NASDAQ:VIA)(NASDAQ:VIA.B), today announced the nominations for the 2017 "BET Awards" taking place at Microsoft Theater on Sunday, June 25. This year’s broadcast marks 17 years of unexpected performances, trailblazing moments, super dope talent, and entertainment’s most provocative players. The iconic show continues to be a cultural rule breaker steeped in reinvention with some of the most memorable moments in Award show history. In 2016, Beyoncé and Kendrick Lamar surprised guests with a groundbreaking performance of “Freedom,” Sheila E. and Mayte Garcia performed during the Prince Lifetime Achievement Award tribute and Jesse Williams brought the audience to their feet with his dynamic and ever-viral Humanitarian Award acceptance speech. The “BET Awards” has set the standard for one of the most intently unconventional, news-provoking broadcasts. Beyoncé dominates this year’s nominations with a total of seven including ‘Best Female R&B/Pop Artist,’ ‘Best Collaboration’ with Kendrick Lamar for “Freedom,” ‘Video of the Year,’ and ‘Album of the Year’ for Lemonade. Bruno Mars follows with five nods including ‘Album of the Year,’ ‘Best Male R&B/Pop Artist,’ and ‘Video of the Year’ for “24K Magic.” Other nominees include Solange, nominated for four awards and who is up against sister Beyoncé for ‘Best Female R&B/Pop Artist.’ Chance the Rapper and Migos receive four nominations as well, Chance the Rapper nominated for ‘Best Male Hip-Hop Artist’ and ‘Best New Artist’ and Migos for ‘Best Group’ and ‘Best Collaboration’ for their #1 hit “Bad and Boujee” with Lil Uzi Vert. BET Networks recognizes artists, entertainers, and athletes across over 19 categories with the 2017 "BET Awards" nominations. The nominations are selected by BET’s Voting Academy, which is comprised of fans and an esteemed group of entertainment professionals in the fields of television, film, music, social media, digital marketing, sports journalism, public relations, and the creative arts. The complete list of nominees for the 2017 "BET Awards" are: Best Collaboration BEYONCÉ FT. KENDRICK LAMAR - FREEDOM CHANCE THE RAPPER FT. 2 CHAINZ & LIL WAYNE - NO PROBLEM CHRIS BROWN FT. GUCCI MANE & USHER - PARTY DJ KHALED FT. BEYONCÉ & JAY Z - SHINING MIGOS FT. LIL UZI VERT - BAD AND BOUJEE RAE SREMMURD FT. GUCCI MANE - BLACK BEATLES Video of the Year BEYONCÉ - SORRY BIG SEAN - BOUNCE BACK BRUNO MARS - 24K MAGIC MIGOS FT. LIL UZI VERT - BAD AND BOUJEE SOLANGE - CRANES IN THE SKY Video Director of the Year BENNY BOOM – KEHLANI “CRZY” BRUNO MARS & JONATHAN LIA – BRUNO MARS “THAT’S WHAT I LIKE” DIRECTOR X – ZAYN MALIK “LIKE I WOULD” HYPE WILLIAMS – TYGA “GUCCI SNAKES FT. DESIIGNER” KAHLIL JOSEPH & BEYONCÉ KNOWLES-CARTER – BEYONCÉ “SORRY” Best New Artist 21 SAVAGE CARDI B CHANCE THE RAPPER KHALID YOUNG M.A. Album of the Year 24K MAGIC - BRUNO MARS 4 YOUR EYEZ ONLY - J. COLE A SEAT AT THE TABLE - SOLANGE COLORING BOOK - CHANCE THE RAPPER LEMONADE - BEYONCÉ Dr. Bobby Jones Best Gospel/Inspirational Award CECE WINANS – NEVER HAVE TO BE ALONE FANTASIA FT. TYE TRIBBETT – I MADE IT KIRK FRANKLIN FT. SARAH REEVES, TASHA COBBS & TAMELA MANN – MY WORLD NEEDS YOU LECRAE – CAN’T STOP ME NOW (DESTINATION) TAMELA MANN – GOD PROVIDES Centric Award FANTASIA - SLEEPING WITH THE ONE I LOVE KEHLANI - DISTRACTION MARY J. BLIGE - THICK OF IT SOLANGE - CRANES IN THE SKY SYD - ALL ABOUT ME YUNA - CRUSH FT. USHER The 2017 “BET Awards” will premiere around the world on BET’s international networks. It will air in the UK on Tuesday, June 27th at 9:00pm BST, in Africa on Tuesday, June 27th at 8:00pm CAT, and in France on Wednesday, June 28th at 9:00pm CEST. Fan voting for the "Best International Act: Europe" and "Best International Act: Africa" categories opens today and will close on May 26. Internationally, fans in 100 countries can also stream the 2017 “BET Awards” live with BET Play, BET International’s subscription video on demand application. The iOS and Android app, which also features current and classic BET television series, documentaries, standup comedy and legendary musical performances, will carry a live feed of the red carpet and the Awards, and is available for download now in the iTunes and Google Play stores for $3.99 a month following a seven-day free trial. To apply for media credentials for the 2017 “BET Awards” please head to www.betpressroom.com. The “BET Awards” will take place along with the BET Experience at L.A. LIVE in Los Angeles from June 22-25, 2017. BET.com/betawards is the official site for the “BET Awards” and will have all the latest news and updates about this year's show. VIP Packages for the 5th year of the BET Experience weekend are better than ever and now on-sale. In addition to VIP amenities throughout the weekend and incredible seats for STAPLES Center shows, three levels of BETX VIP Packages offer guests the only opportunity to purchase tickets to the highly-anticipated BET Awards, broadcast live from Microsoft Theater. Last year the in-demand VIP Packages sold out, so guests are encouraged to purchase now before the allotment is depleted. Full package amenities and pricing for the Diamond, Platinum and Gold VIP Packages can be found by visiting BETExperience.com or by calling (877) 234-8425. General tickets for the BET Experience at L.A. LIVE presented by Coca-Cola® are on sale now at http://www.axs.com/betexperience. Download the BETX '17 app powered by AT&T, the #1 source for everything BETX, including real-time event updates, full schedules, BET Fan Fest wristbands, daily prizes, ticket giveaways, live streams and much more. Follow the BET Experience on Twitter @betexperience for the latest and greatest and join the hottest conversation by using #BETX. Feel free to also check us out online at http://www.betexperience.com. BET Networks, a subsidiary of Viacom Inc. (NASDAQ:VIA)(NASDAQ:VIA.B), is the nation's leading provider of quality entertainment, music, news and public affairs television programming for the African-American audience. The primary BET channel reaches more than 90 million households and can be seen in the United States, Canada, the Caribbean, the United Kingdom and sub-Saharan Africa. BET is the dominant African-American consumer brand with a diverse group of business extensions: BET.com, a leading Internet destination for Black entertainment, music, culture, and news; CENTRIC, a 24-hour entertainment network targeting the African-American Woman; BET Music Networks - BET Jams, BET Soul and BET Gospel; BET Home Entertainment; BET Live, BET’s growing festival business; BET Mobile, which provides ringtones, games and video content for wireless devices; and BET International, which operates BET around the globe. The “BET Awards” is one of the most watched award shows on cable television according to the Nielsen Company. The “BET Awards” franchise remains as the #1 program in cable TV history among African-Americans, and it is BET's #1 telecast every year. It recognizes the triumphs and successes of artists, entertainers, and athletes in a variety of categories. BET Networks, an entertainment powerhouse, and AEG, the world’s leading sports and live entertainment company and developer/operator of L.A. LIVE, have teamed up once again to create the BET EXPERIENCE AT L.A. LIVE (BETX), June 22 - 25, 2017 presented by Coca-Cola®. This four-day festival will be filled with music concerts taking place at The Novo by Microsoft and STAPLES Center; BET Fan Fest at the Los Angeles Convention Center including seminars, celebrity basketball games, celebrity meet & greets; and other special appearances. The weekend will be capped off with the “BET Awards” on Sunday, June 25, 2017 at Microsoft Theater. Headquartered in Los Angeles, California, AEG is the world's leading sports and live entertainment company. With offices on five continents, AEG operates in the following business segments: AEG Facilities, which is affiliated with or owns, manages or consults with more than 120 preeminent arenas, stadiums, theaters, clubs and convention centers around the world including The O2 Arena, the Sprint Center and the Mercedes-Benz Arenas; AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals; AEG Real Estate, which develops world-class venues, as well as major sports and entertainment districts like STAPLES Center and L.A. LIVE; AEG Sports, which is the world's largest operator of sports franchises and high-profile sporting events; and AEG Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 100 million guests annually. More information about AEG can be found at www.aegworldwide.com. Jesse Collins Entertainment is a full service television and film production company founded by entertainment industry veteran and multi-Image Award® winner Jesse Collins. Collins has played an integral role in producing many of television’s most memorable moments in music entertainment. Most recently Collins was the executive producer of the critically-acclaimed film, The New Edition Story, a biopic on the boy band that aired as a 3-part mini-series on BET in January 2017 and posted record ratings for the network and attracted nearly 30 million viewers. Collins has also produced award-winning programming including the BET Awards, BET Honors, UNCF’s An Evening of Stars, ABFF Honors, Soul Train Awards and the BET Hip Hop Awards, is a consulting producer for the iconic GRAMMY Awards and executive producer of BET’s hit TV series, Real Husbands of Hollywood starring Kevin Hart and VH1 shows Dear Mama and Hip Hop Squares with Ice Cube. Will Smith, Beyoncé, Chris Rock, Jay-Z, Rihanna, Kanye West, Kendrick Lamar, Drake, Prince and Mariah Carey are a few of the myriad of superstar talent that Collins has worked with through the years. Follow Jesse Collins Entertainment @JesseCollinsEnt on Twitter and Instagram and go to http://www.jessecollinsent.com/ for more information on the company.


News Article | May 24, 2017
Site: www.businesswire.com

NEW YORK--(BUSINESS WIRE)--BET Networks, a unit of Viacom Inc. (NASDAQ: VIA, VIA.B sted NYSE: VIA, VIA.B), today revealed comedian and actress Leslie Jones as host for this year’s "BET Awards." Her first major award show gig, Leslie joins a long line of stand-up comedians that have rocked the role, including Chris Rock, Mo’Nique, Kevin Hart and Chris Tucker. This year’s broadcast marks 17 years of unexpected performances, trailblazing moments, super dope talent, and entertainment’s most provocative players. The iconic show continues to be a cultural rule breaker steeped in reinvention with some of the most memorable moments in Award show history. The “BET Awards” has set the standard for one of the most intently unconventional, news-provoking broadcasts. The 2017 "BET Awards" will air LIVE on Sunday, June 25 at 8 pm ET from the Microsoft Theater in Los Angeles, CA on BET. A staple on the Saturday Night Live writing team, Leslie Jones gained on-camera popularity after a memorable performance during the show’s “Weekend Update” segment where she played herself. Now in her third year on the cast, Jones is known to be a talented and fiercely independent performer whose brash and unapologetic riffs can ruffle feathers. Leslie starred in Paul Feig’s reboot of “Ghostbusters”, with other film credits that include Chris Rock’s “Top Five,” Judd Apatow’s “Trainwreck”, the animated film “Sing” and the upcoming “Masterminds”. “I am so excited to be hosting The BET Awards this year,” said Saturday Night Live star Leslie Jones, “BET was the first network and place where I was on TV - I am looking to turn this whole experience into a joyful homecoming.” As previously announced, Beyoncé dominates this year’s nominations with a total of seven including ‘Best Female R&B/Pop Artist,’ ‘Best Collaboration’ with Kendrick Lamar for “Freedom,” ‘Video of the Year,’ and ‘Album of the Year’ for Lemonade. Bruno Mars follows with five nods including ‘Album of the Year,’ ‘Best Male R&B/Pop Artist,’ and ‘Video of the Year’ for “24K Magic.” Other nominees include Solange, nominated for four awards and who is up against sister Beyoncé for ‘Best Female R&B/Pop Artist.’ Chance the Rapper and Migos receive four nominations as well, Chance the Rapper nominated for ‘Best Male Hip-Hop Artist’ and ‘Best New Artist’ and Migos for ‘Best Group’ and ‘Best Collaboration’ for their #1 hit “Bad and Boujee” with Lil Uzi Vert. BET Networks recognizes artists, entertainers, and athletes across 19 categories with the "BET Awards" 2017 nominations. The nominations are selected by BET’s Voting Academy, which is comprised of fans and an esteemed group of entertainment professionals in the fields of television, film, music, social media, digital marketing, sports journalism, public relations, and the creative arts. The 2017 “BET Awards” will premiere around the world on BET’s international networks. It will air in the UK on Tuesday, June 27th at 9:00pm BST, in Africa on Tuesday, June 27th at 8:00pm CAT, and in France on Wednesday, June 28th at 9:00pm CEST. Internationally, fans in 100 countries can also stream the 2017 “BET Awards” live with BET Play, BET International’s subscription video on demand application. The iOS and Android app, which also features current and classic BET television series, documentaries, standup comedy and legendary musical performances, will carry a live feed of the red carpet and the Awards, and is available for download now in the iTunes and Google Play stores for $3.99 a month following a seven-day free trial. Jesse Collins, CEO of Jesse Collins Entertainment serves as Executive Producer. Connie Orlando, BET's Senior Vice President of Music and Specials serves as Executive Producers for BET Networks. To apply for media credentials for the 2017 “BET Awards” please click here. The “BET Awards” will take place along with the BET Experience at L.A. LIVE in Los Angeles from June 22-25, 2017. BET.com/betawards is the official site for the “BET Awards” and will have all the latest news and updates about this year's show. VIP Packages for the 5th year of the BET Experience weekend are better than ever and now on-sale. In addition to VIP amenities throughout the weekend and incredible seats for STAPLES Center shows, three levels of BETX VIP Packages offer guests the only opportunity to purchase tickets to the highly-anticipated BET Awards, broadcast live from Microsoft Theater. Last year the in-demand VIP Packages sold out, so guests are encouraged to purchase now before the allotment is depleted. Full package amenities and pricing for the Diamond, Platinum and Gold VIP Packages can be found by visiting BETExperience.com or by calling (877) 234-8425. General tickets for the BET Experience at L.A. LIVE presented by Coca-Cola® are on sale now at http://www.axs.com/betexperience. Download the BETX '17 app powered by AT&T, the #1 source for everything BETX, including real-time event updates, full schedules, BET Fan Fest wristbands, daily prizes, ticket giveaways, live streams and much more. Follow the BET Experience on Twitter @betexperience for the latest and greatest and join the hottest conversation by using #BETX. Feel free to also check us out online at http://www.betexperience.com. BET Networks, a subsidiary of Viacom Inc. (NASDAQ: VIA, VIA.B sted NYSE: VIA, VIA.B), is the nation's leading provider of quality entertainment, music, news and public affairs television programming for the African-American audience. The primary BET channel reaches more than 90 million households and can be seen in the United States, Canada, the Caribbean, the United Kingdom and sub-Saharan Africa. BET is the dominant African-American consumer brand with a diverse group of business extensions: BET.com, a leading Internet destination for Black entertainment, music, culture, and news; CENTRIC, a 24-hour entertainment network targeting the African-American Woman; BET Music Networks - BET Jams, BET Soul and BET Gospel; BET Home Entertainment; BET Live, BET’s growing festival business; BET Mobile, which provides ringtones, games and video content for wireless devices; and BET International, which operates BET around the globe. The “BET Awards” is one of the most watched award shows on cable television according to the Nielsen Company. The “BET Awards” franchise remains as the #1 program in cable TV history among African-Americans, and it is BET's #1 telecast every year. It recognizes the triumphs and successes of artists, entertainers, and athletes in a variety of categories. BET Networks, an entertainment powerhouse, and AEG, the world’s leading sports and live entertainment company and developer/operator of L.A. LIVE, have teamed up once again to create the BET EXPERIENCE AT L.A. LIVE (BETX), June 22 - 25, 2017 presented by Coca-Cola®. This four-day festival will be filled with music concerts taking place at The Novo by Microsoft and STAPLES Center; BET Fan Fest at the Los Angeles Convention Center including seminars, celebrity basketball games, celebrity meet & greets; and other special appearances. The weekend will be capped off with the “BET Awards” on Sunday, June 25, 2017 at Microsoft Theater. Headquartered in Los Angeles, California, AEG is the world's leading sports and live entertainment company. With offices on five continents, AEG operates in the following business segments: AEG Facilities, which is affiliated with or owns, manages or consults with more than 120 preeminent arenas, stadiums, theaters, clubs and convention centers around the world including The O2 Arena, the Sprint Center and the Mercedes-Benz Arenas; AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals; AEG Real Estate, which develops world-class venues, as well as major sports and entertainment districts like STAPLES Center and L.A. LIVE; AEG Sports, which is the world's largest operator of sports franchises and high-profile sporting events; and AEG Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 100 million guests annually. More information about AEG can be found at www.aegworldwide.com. Jesse Collins Entertainment is a full service television and film production company founded by entertainment industry veteran and multi-Image Award® winner Jesse Collins. Collins has played an integral role in producing many of television’s most memorable moments in music entertainment. Most recently Collins was the executive producer of the critically-acclaimed film, The New Edition Story, a biopic on the boy band that aired as a 3-part mini-series on BET in January 2017 and posted record ratings for the network and attracted nearly 30 million viewers. Collins has also produced award-winning programming including the BET Awards, BET Honors, UNCF’s An Evening of Stars, ABFF Honors, Soul Train Awards and the BET Hip Hop Awards, is a consulting producer for the iconic GRAMMY Awards and executive producer of BET’s hit TV series, Real Husbands of Hollywood starring Kevin Hart and VH1 shows Dear Mama and Hip Hop Squares with Ice Cube. Will Smith, Beyonce, Chris Rock, Jay-Z, Rihanna, Kanye West, Kendrick Lamar, Drake, Prince and Mariah Carey are a few of the myriad of superstar talent that Collins has worked with through the years. Follow Jesse Collins Entertainment @JesseCollinsEnt on Twitter and Instagram and go to http://www.jessecollinsent.com/ for more information on the company.


Tribune owns or operates 42 television stations in 33 markets, cable network WGN America, digital multicast network Antenna TV, minority stakes in the TV Food Network and CareerBuilder, and a variety of real estate assets. Tribune's stations, a list of which is available in Tribune's most recent Form 10-K filed on March 1, 2017, consist of 14 FOX, 12 CW, 6 CBS, 3 ABC, 2 NBC, 3 MyNetworkTV affiliates and 2 independent stations. The group includes stations in the top three DMAs in the country, seven in the top 10 and 34 in the top 50 DMAs.1 "This is a transformational acquisition for Sinclair that will open up a myriad of opportunities for the company," commented Chris Ripley, President and CEO of Sinclair.  "The Tribune stations are highly complementary to Sinclair's existing footprint and will create a leading nationwide media platform that includes our country's largest markets. The acquisition will enable Sinclair to build ATSC 3.0 (Next Generation Broadcast Platform) advanced services, scale emerging networks and national sales, and integrate content verticals. The acquisition will also create substantial synergistic value through operating efficiencies, revenue streams, programming strategies and digital platforms." "This will be the largest acquisition in our company's history, and I want to thank everyone from the Sinclair team, as well as our advisors and bankers who made this possible," commented David Smith, Executive Chairman of Sinclair.  "Television broadcasting is even more relevant today, especially when it comes to serving our local communities.  Tribune's stations allow Sinclair to strengthen our commitment to serving local communities and to advance the Next Generation Broadcast Platform.  This acquisition will be a turning point for Sinclair, allowing us to better serve our viewers and advertisers while creating value for our shareholders." "Today's announcement is the culmination of an extensive strategic review, which has delivered significant value to our stockholders," said Peter Kern, Tribune's Chief Executive Officer.  "Since we announced the strategic review 15 months ago, we have streamlined the business, monetized non-core assets, strengthened our balance sheet and returned more than $800 million to stockholders -- all of which has resulted in a 50% increase in stockholder value.  We are extremely proud to join Sinclair, and we're excited that Tribune stockholders and employees will have the opportunity to participate in the long-term growth of the combined company." The transaction has been unanimously approved by the Boards of Directors of both companies and is anticipated to close and fund in the fourth quarter of 2017.  Completion of the transaction is subject to approval by Tribune's stockholders, as well as customary closing conditions, including approval by the Federal Communications Commission ("FCC"), and antitrust clearance. Sinclair expects to fund the purchase price at closing through a combination of cash on hand, fully committed debt financing to be provided by JPMorgan Chase Bank, N.A., Royal Bank of Canada, Deutsche Bank AG New York Branch and Deutsche Bank Securities Inc. and by accessing the capital markets. In order to comply with FCC ownership requirements and antitrust regulations, Sinclair may sell certain stations in markets where it currently owns stations. Such divestitures will be determined through the regulatory approval process. Including the Tribune acquisition (before any related divestitures), all previously announced pending transactions, and pro forma for expected synergies, Sinclair's 2015 and 2016 media revenues would have been $4.070 billion and $4.603 billion, respectively.  The $6.6 billion enterprise value represents an average pro forma EBITDA multiple of less than 7.0x on the core television and entertainment business and is expected to add over 40% pro forma 2016/2017 free cash flow per share accretion2. J.P. Morgan Securities LLC acted as exclusive financial advisor.  Fried, Frank, Harris, Shriver & Jacobson LLP, Pillsbury Winthrop Shaw Pittman LLP and Thomas & Libowitz P.A. acted as legal advisors to Sinclair in connection with this transaction. Moelis & Company and Guggenheim Securities acted as financial advisors and Debevoise & Plimpton LLP and Covington & Burling LLP acted as legal advisors to Tribune in connection with this transaction. The senior management of Sinclair intends to hold a conference call to discuss the acquisition of Tribune on Monday, May 8, 2017 at 11:00 a.m. ET.  After the call, an audio replay will be available at www.sbgi.net.  The press and the public will be welcome on the call in a listen-only mode.  The dial-in number is (877) 407-8033. A slide presentation is available during the call and can be accessed at http://www.investorcalendar.com/IC/CEPage.asp?ID=175940 Tribune will release its first quarter results, and host an investor call, as previously scheduled, prior to market open, on Wednesday, May 10, 2017.  The investor call will begin at 8:30 a.m. ET and can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international).  The confirmation code is 2831845. Sinclair is one of the largest and most diversified television broadcasting companies in the country. Pro forma for the Tribune acquisition (before any related divestitures) and all previously announced pending transactions, the Company will own, operate and/or provide services to 233 television stations in 108 markets.  The Company has multiple emerging networks as well as being affiliated with all the major networks. Sinclair is a leading local news provider in the country and a producer of live sports content. Sinclair's content is delivered via multiple-platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net. Tribune Media Company (NYSE: TRCO) is home to a diverse portfolio of television and digital properties driven by quality news, entertainment and sports programming. Tribune is comprised of Tribune Broadcasting's 42 owned or operated local television stations reaching approximately 50 million households, national entertainment cable network WGN America, whose reach is approximately 80 million households, Tribune Studios, and a variety of digital applications and websites commanding 60 million monthly unique visitors online. Tribune also includes Chicago's WGN-AM and the national multicast networks Antenna TV and THIS TV. Additionally, Tribune owns and manages a significant number of real estate properties across the U.S. and holds a variety of investments, including a 32% interest in CareerBuilder, LLC and a 31% interest in Television Food Network, G.P., which operates Food Network and Cooking Channel. For more information please visit www.investors.tribunemedia.com. Certain statements and information in this communication may be deemed to be "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements relating to Tribune's and Sinclair's objectives, plans and strategies, and all statements (other than statements of historical facts) that address activities, events or developments that Tribune and Sinclair intend, expect, project, believe or anticipate will or may occur in the future. These statements are often characterized by terminology such as "believe," "hope," "may," "anticipate," "should," "intend," "plan," "will," "expect," "estimate," "project," "positioned," "strategy" and similar expressions, and are based on assumptions and assessments made by Tribune's and Sinclair's management in light of their experience and their perception of historical trends, current conditions, expected future developments, and other factors they believe to be appropriate. Any forward-looking statements in this communication are made as of the date hereof, and Tribune and Sinclair undertake no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance. Whether actual results will conform to expectations and predictions is subject to known and unknown risks and uncertainties, including: risks and uncertainties discussed in the reports that Tribune and Sinclair have filed with the Securities and Exchange Commission (the "SEC"); general economic, market, or business conditions; risks associated with the ability to consummate the business combination between Tribune and Sinclair and the timing of the closing of the business combination; the risk that a regulatory approval that may be required for the proposed transaction is delayed, is not obtained or is obtained subject to conditions that are not anticipated; pricing fluctuations in local and national advertising; future regulatory actions and conditions in the television stations' operating areas; competition from others in the broadcast television markets; volatility in programming costs; the ability to successfully integrate Tribune's and Sinclair's operations and employees; the ability to realize anticipated benefits and synergies of the business combination; the potential impact of announcement of the business combination or consummation of the transaction on relationships, including with employees, customers and competitors; and other circumstances beyond Tribune's and Sinclair's control. Refer to the section entitled "Risk Factors" in Tribune's and Sinclair's annual and quarterly reports filed with the SEC and in the Form S-4 to be filed by Sinclair with the SEC at a future date for a discussion of important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements. No Offer or Solicitation / Additional Information and Where to Find It: This communication is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. This communication is being made in respect of a proposed business combination involving Sinclair and Tribune. In connection with the proposed transaction, Tribune and Sinclair intend to file relevant materials with the SEC, including a Registration Statement on Form S-4 to be filed by Sinclair that will include a preliminary proxy statement of Tribune and that will also constitute a prospectus of Sinclair. The information in the preliminary proxy statement/prospectus will not be complete and may be changed. Tribune will deliver the definitive proxy statement to its shareholders as required by applicable law.  This communication is not a substitute for any prospectus, proxy statement or any other document that may be filed with the SEC in connection with the proposed business combination. INVESTORS AND SECURITY HOLDERS OF SINCLAIR AND TRIBUNE ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain these materials (when they are available) and other documents filed with the SEC free of charge at the SEC's website, www.sec.gov. Copies of documents filed with the SEC by Sinclair (when they become available) may be obtained free of charge on Sinclair's website at www.sbgi.net or by directing a written request to Sinclair at 10706 Beaver Dam Road, Hunt Valley, MD 21030, Attention:  Lucy A. Rutishauser.  Copies of documents filed with the SEC by Tribune (when they become available) may be obtained free of charge on Tribune's website at www.tribunemedia.com. Tribune and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding these persons who may, under the rules of the SEC, be considered participants in the solicitation of Tribune stockholders in connection with the proposed transaction is set forth in the proxy statement/prospectus described above filed with the SEC. Additional information regarding Tribune's executive officers and directors is included in Tribune's  proxy statement for its 2017 annual meeting of shareholders filed with the SEC on March 24, 2017 which can be obtained free of charge from the sources indicated above. 1 "DMAs" are television designated market areas according to the Nielsen Company. The rankings are in terms of size of the DMA out of the 210 generally recognized DMAs in the United States. 2 Sinclair management considers free cash flow to be an indicator of Sinclair's assets' operating performance. Sinclair management also believes that free cash flow is a commonly used measure of valuation for companies in the broadcast industry. In addition, this measure is frequently used by industry analysts, investors and lenders as a measure of valuation for broadcast companies, although their definitions of free cash flow may differ from Sinclair's definition. Sinclair believes this measure serves as a valuable assessment tool for investors to identify potential trends in the company's performance.  For the definition of free cash flow, please refer to Sinclair's website:  http://sbgi.net/investor-relations/#NonGAAP. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sinclair-broadcast-group-to-acquire-tribune-media-company-for-approximately-39-billion-300453087.html


Li X.,University of Tennessee at Knoxville | Nukala S.,Nielsen Company | Mohebbi S.,University of Tennessee at Knoxville
International Journal of Advanced Manufacturing Technology | Year: 2013

This paper examines the influence of competition among supply chain partners on product demand. A power law demand function that depends on product pricing and shelf-space allocation (SSA) is used. The exponents in the power law are given by the elasticities of demand. In order to achieve the optimal pricing and SSA strategies in the presence of competition, game-theory-based methodologies-Cournot and Stackelberg games-are employed. For each type of game, a Nash equilibrium is achieved by optimizing the profit as a function of demand and price. A case study is presented to demonstrate the potential of this methodology. The results of this study indicate (1) how to achieve optimal pricing and SSA strategies, (2) how manufacturers can influence demand for a product, (3) that both prices and profits decrease using the Stackelberg game as compared with the Cournot game, and (4) that coordination beyond simple knowledge of price would be beneficial for improving overall profits. © 2013 Springer-Verlag London.


Shin E.,University of Illinois at Chicago | Johnson T.P.,University of Illinois at Chicago | Rao K.,Nielsen Company
Social Science Computer Review | Year: 2012

Web surveys are being increasingly incorporated into national survey data collection programs in the United States because of their cost/time-efficiencies. Yet, response rates and data quality issues in web surveys remain important challenges. As a basic study designed to better understand data quality in a mixed mode national survey, this article investigates the degree to which web versus mail survey modes affect unit and item responses. Findings indicate that the web survey mode produces a lower unit response rate compared to the mail mode. However, the web mode elicits higher data quality in terms of item responses to both closed- and open-ended questions. These mode effects on data quality remain after sociodemographic variables are held constant. Given the increasing integration of web survey questionnaires into mixed mode studies, additional research is necessary to understand and document the processes that underlie mode differences when responding to self-administered surveys. © The Author(s) 2012.


Peek M.E.,University of Chicago | Wilkes A.E.,University of Chicago | Roberson T.S.,University of Chicago | Goddu A.P.,University of Chicago | And 6 more authors.
Health Affairs | Year: 2012

Interventions to improve health outcomes among patients with diabetes, especially racial or ethnic minorities, must address the multiple factors that make this disease so pernicious. We describe an intervention on the South Side of Chicago-a largely lowincome, African American community-that integrates the strengths of health systems, patients, and communities to reduce disparities in diabetes care and outcomes. We report preliminary findings, such as improved diabetes care and diabetes control, and we discuss lessons learned to date. Our initiative neatly aligns with, and can inform the implementation of, the accountable care organization-a delivery system reform in which groups of providers take responsibility for improving the health of a defined population. © 2011 Project HOPE-The People-to-People Health Foundation, Inc.


Walton L.,Nielsen Company | Bergstrom J.C.R.,Fors Marsh Group | Hawkins D.C.,Fors Marsh Group | Pierce C.,Nielsen Company
Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) | Year: 2014

Asking respondents to record their activity in a diary can be a difficult task due to retrospective reporting and cognitive burden as well as the complexity of the data collection tool. Diary questionnaires typically require multiple pieces of information including demographics, activities, and duration over a data collection period. Like other questionnaire types, visual design principles can be used to help people perceive and understand what is being asked of them during diary measurement. Eye tracking, a technology that allows us to passively study people's eye movements, has been used mostly for questionnaire testing within the survey research field. This study focuses on using eye tracking and other user experience measures to analyze how respondents perceive, understand and experience different designs of the paper Nielsen TV Diary. We used eye tracking to gain insights into visual elements that draw attention, the amount of text that respondents read (e.g., terms/instructions), and how respondents complete the survey. This paper centers on the collecting and analyzing of qualitative and quantitative measures of the user experience, including eye-tracking data (e.g., fixation count, time to fixate), participants' verbalizations, self-reported satisfaction, and performance data (e.g., accuracy, steps to complete). We also provide recommendations about the design of the paper diary based on the user experience and eye-tracking results. © 2014 Springer International Publishing.


Choi H.-J.,Nielsen Company | Wohlgenant M.K.,North Carolina State University | Zheng X.,North Carolina State University
American Journal of Agricultural Economics | Year: 2013

Using household scanner data and a discrete choice modeling approach, we estimate demand for milk products at the micro-level and compute the distribution of welfare effects from introducing organic milk across households with different characteristics within the partial equilibrium framework. The price effects of introducing organic milk are larger for low-income households than for high-income households, and the differences in the variety effects of introducing organic milk to groups with various levels of education are larger than the differences in the variety effects among groups with different income levels. Policy implications of these findings are discussed. © The Author (2013). Published by Oxford University Press on behalf of the Agricultural and Applied Economics Association. All rights reserved.


Campbell E.G.,Massachusetts General Hospital | Campbell E.G.,Harvard University | Vogeli C.,Massachusetts General Hospital | Vogeli C.,Harvard University | And 6 more authors.
JAMA Internal Medicine | Year: 2015

IMPORTANCE: For the past decade, more attention and concern has been directed toward financial relationships between the life science industry and physicians. Relationships between industry and institutional review board (IRB) members represent an important subclass that has the potential to broadly influence decisions regarding medical research. OBJECTIVES: To study the nature, extent, and perceived consequences of industry relationships among IRB members in academic health centers and to compare our results with findings from 2005. DESIGN, SETTING, AND PARTICIPANTS: A survey mailed to IRB members from the 115 most research-intensive medical schools and teaching hospitals in the United States from January 16 through May 16, 2014. The survey included questions identical to those used in 2005. Data analysis was conducted from June through October 2014. MAIN OUTCOMES AND MEASURES: The frequency of industry relationships among IRB members and the perceived effect of those relationships on IRB-related activities. RESULTS: We found no significant change inthe percentage of IRB members withan industry relationship from 2005 through 2014 (2005:37.2%; 95% CI, 32.7%-42.0%; 2014:32.1%; 95% CI, 28.0%-36.4%; P =.09). However, since 2005, the percentageof members who felt another member did not properly disclose a financial relationship decreased from 10.8% (95% CI, 8.0%-14.4%) to 6.7% (95% CI, 4.7%-9.4%) (P =.04), asdid the percentage who felt pressure from their institution or department to approve a protocol (2005:18.6%; 95% CI, 15. 0%-22.9%; 2014:10.0%; 95% CI, 7.6%-13.0%; P <.001). The percentage of members with a conflict of interest who voted on protocols with which they have a conflict has not changed, although the percentage who said they always disclose relationships increased significantly from 54.9% in 2005 (95% CI, 42.2%-66.9%) to80.0%in 2014 (95% CI, 65.3%-89.4%) (P =.01). We also found evidence of anti-industry bias in the presentation of protocols to the IRB. CONCLUSIONS AND RELEVANCE: The results show significant positive progress in the reporting and management ofconflicts of interest among IRB membersin academic health centers since 2005 after adjusting for other factors. Additional attention should be focused on deterring IRB members from inappropriately voting on or presenting protocols in a biased manner. Copyright 2015 American Medical Association. All rights reserved.


News Article | December 20, 2016
Site: www.prnewswire.com

CHICAGO, Dec. 20, 2016 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) today announced that it has agreed to sell substantially all of its Digital and Data business operations, comprised of Gracenote video, music and sports, to the Nielsen Company (NYSE: NLSN) for $560 million in cash,...

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