Cox Enterprises
Media Corporations in the Global Marketplace
Cox Enterprises, Inc. (CEI) is an Atlanta-based media conglomerate that has ties into nearly all media forms today. Since the founding of Cox Enterprises by James M. Cox in 1898, CEI has been established as a media staple through newspapers, radio, television, cable, telephone, and Internet communications . As of 2000, Cox Enterprises was ranked seventh in AdAge’s “100 Leading Media Companies” . Cox Enterprises is listed on the New York Stock Exchange and is currently being led by Chairman and Chief Executive Officer James C. Kennedy, the grandson of James M. Cox.
Cox Enterprises ,Inc. is the parent company for Cox Communications, Inc., Cox Interactive Media, Inc.,
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The purchases within the Atlanta market led to the launch of the South’s first television station, WSB-TV, and the first FM band radio station, WSB-FM.
James M. Cox passed away in 1957 only to be succeeded by his son, James M. Cox, Jr. Cox, Jr. entered the cable television market in 1962 with the purchase of cable systems in Pennsylvania, California, Oregon, and Washington. The success of the radio, television, and cable systems led to the establishment of the Cox Broadcasting Corporation, a publicly traded company on the New York Stock exchange. In 1968, Cox Enterprises, Inc., a private company, was created through the organization of Cox. Jr.’s newspaper interests. That same year Cox Broadcasting enters into the auto auction business in Pennsylvania, New Jersey, and Virginia.
Following the death of James M. Cox, Jr. in 1982, Cox Broadcasting became known as Cox Communications. This change was to reflect both the broadcasting and cable television industry that it had created. In 1985, the current chairman, Garner Anthony, merged Cox Communication into the private company Cox Enterprises, Inc. This single merger was the formation of one of the largest communications companies in the nation.
1988 was the introduction of James C. Kennedy as the chairman and CEO of Cox Enterprises. In 1991, the auto auction business, Manheim Auctions, doubled its size through a
Managed care dominates health care in the United States. It is any health care delivery system that combines the functions of health insurance and the actual delivery of care, where costs and utilization of services are controlled by methods such as gatekeeping, case management, and utilization review. Different types of managed care plans came into development by three major factors. These factors include choice of providers, different ways of arranging the delivery of services, and payment and risk sharing. Types of managed care organizations include Health Maintenance Organizations (HMOs) which consist of five common models that differ according to how the HMO is related to the participating physicians, Preferred Provider Organizations
The first broadcast of the on the new network was the first game of the World Series between the New York Yankees and the Brooklyn Dodgers. However even though the television partnership was going fantastic with NBC the FCC made the decision that tv stations could not own the cable systems in the market. Gordon Gray the media general was then forced to sell WSJS TV in 1972 to Multimedia inc who remained the station WXII-TV.
* XM Satellite Radio was founded by Lon Levin and Gary Parsons. It has its origins in the 1988 formation of the American Mobile Satellite Corporation (AMSC), a consortium of several organizations originally dedicated to satellite broadcasting of telephone, fax and data signals. In 1992, AMSC established a unit called the American Mobile Radio Corporation, dedicated to developing a satellite-based digital radio service; this was spun off as XM Satellite Radio Holdings, Inc. in 1998. Its planned financing was complete by July 2000, at which point XM had raised $1.26
As a publicly-traded corporation, Adelphia, Inc. was one of the largest providers of cable services in the United States. After the company went public, it was learned that the company had materially
1. Their uses of cash were primarily used for paying off debt and investing it in marketable securities. Also they spent some of their cash on fixed assets. Even though their ending cash was lower than the previous year, they were using their cash effectively.
Comcast is the leading cable telecommunications and Entertainment Company in the industry. Their strengths lie in their products and the will to explore and improve with their services. They always continue to provide customers with new and improved services and continue to build on existing services. Comcast is the fourth largest cable company in the world and served customers in 39 states with over 24.7 million cable customers. (Comcast, 2008). The chart below shows the amount of subscribers in the country:
Drug and Alcohol Treatment in America has been based on the Medical Model of Treatment. According to Wikipedia, the medical model of addiction is rooted in the philosophy that addiction is a disease and has biological, neurological, genetic, and environmental sources of origin. Treatment includes potential detox with a 28 day or more stay at a residential treatment facility. The continuum of care can include an additional 28 days at the partial hospitalization level, followed by another 6 weeks of Intensive Outpatient.
Key Dates and Timelines Date Acquisition 1971 Robert Walter acquires Monarch Foods in leveraged buyout 1980 Walter acquires drug distributor in Zanesville, Ohio 1983 Company goes public as Cardinal Distribution 1988 Walter sells food group to Roundy’s Inc. 1991 Cardinal’s revenues exceed $1 billion 1994 Cardinal acquires Whitmore Distribution and Medical Strategies; company name change to Cardinal Health 1995 Cardinal acquires Medicine Shoppe International 1996 Cardinal acquires Pysix and PCI Services, Inc. 1997 Cardinal acquires Owen Healthcare Inc. 1998 FTC blocks Cardinal’s purchase of Burgen Brunswig; Cardinal acquires R. P. Scherer 1999 Cardinal acquires Allegiance 2000 Cardinal acquires Bergen Brunswig Medical Corp.; Cardinal established Cardinal.com and
Many employees must designate a health plan through their employer. These days, as HMOs (health maintenance organizations) and managed care plans continue to proliferate, that means a choice between bad and worse. As employees line up in the lunch-room for a process called open enrollment, they may be surprised to learn that managed care rates have gone up — again. The mirage that managed care is cheaper care is finally fading. And, for the first time in years, employees may also have the promise of free choice in medicine in the form of a new method of financing health care. Consumers are already aware of horror stories involving HMOs, but cheap rates persuaded many that managed care is less expensive. Recent
The Carnival Cruise Lines, Inc., was founded by Ted Arison in 1972. (Corporate Information) Ted ran the company until 1990 when he handed over the business to his son, Micky Arison. Micky became the CEO, and then became the Chairman. Carnival is the largest and most popular cruise line in the world, carrying more passengers than any other cruise ship. The Carnival Corporation mission statement is; “Our mission is to take the world on vacation and deliver exceptional experiences through many of the world's best-known cruise brands that cater to a variety of different geographic regions and lifestyles, all at an outstanding value unrivaled on land or at sea.” (Carnival Corporation History)
In 1963, with the purchase of American Cable Systems and its 1,200 subscribers in the city of Tupelo, Massachusetts, Ralph Roberts founded Comcast. By 2016 Comcast is one of the nations leading providers of entertainment, communication as well as cable products and services. Nationwide Comcast has over 100,000 employees; each day the company provides over 142 million phone calls, over 136 million emails and over 12 million received voicemails. To date Comcast is the leading cable provider in 19 states nationwide. Since 1963 Comcast has continued to grow with monumental purchases as well as mergers that were blocked by the government in efforts to stop a potential monopoly. Throughout the company’s history, it has grown in three categories Cable, Phone and internet.
Comcast Corporation, based in Philadelphia, Pennsylvania, is the largest cable company in the United States. Comcast develops broadband cable networks and are involved in electronic retailing and television programming content.
UnitedHealth Group is a diversified health care company, and a worldwide leader in helping people live healthier lives and taking the necessary steps in making the health system work better for everyone. The UnitedHealth group serves more than 85 million individuals worldwide with health benefits and services. In 2012, they produced revenues of $110.6 billion and were ranked number 17 in the Fortune 500. The economic and political segments would rank the highest in influencing the UnitedHealth Group.
According to Stafford and Heilprin, “American Cable Communications (ACC) was one of the largest cable operators in the United States (AirThread Case).” ACC serviced roughly 24.1 million video subscribers, 13.2 million high-speed internet subscribers, and 4.6 million landline telephony subscribers. In 2007, ACC saw revenues of $30.9 billion and had net income equaling $2.6 billion. In order to adapt to the changes in the industry, ACC started aggressively acquiring smaller companies, which resulted in huge customer growth and the development of, “a strong corporate finance team with significant acumen in identifying, valuing, structuring, and executing corporate control transaction (AirThread Case).” That being said, ACC has set its sights on yet another company--AirThread Connections--with the expectation of further revenue growth and customer acquisition and retention.
As it is mentioned in the study, the acquisition strategy is in Cardinal Health’s blood and it is extremely good at acquiring firms and integrating them with the parent company. Cardinal Health’s acquisition success can be explained in four aspects. First, the company acquires only