Thursday, August 26, 2010

Bizmology

Bizmology


Is an 18-game NFL season a good or bad idea?

Posted: 26 Aug 2010 12:19 PM PDT

As the NFL season draws near, football stories are furiously flying around the web like a linebacker at a quarterback. Most of it is about the annual Brett Favre retirement dance (please, we all knew the diva was coming back) and HBO‘s Hard Knocks featuring the very confident (some would say cocky) New York Jets and their potty-mouthed head coach. But the biggest story is only just now heating up – the desire of NFL team owners to move from a 16-game to an 18-game regular season starting in 2012.

I know Hoover’s isn’t the first place people think of when it come to sports coverage, but we actually have quite the comprehensive database of professional sports teams, organizations and their executives. Pro sports is big business, and that’s what we cover – business. So something like an expanded regular season is an important story for our NFL profile and we’re all over it.

An expanded regular season is an idea that pits the usual warring factions of the league against each other: the players vs. the owners. The owners love the idea because more games equals more money, from both broadcasting rights and game attendance. The players hate the idea because two more regular season games means two more Sundays of serious injury risk and suffering through the inherent brutality on their bodies that comes with the game.

Owners propose keeping the NFL season at the current level of 20 games (four preseason plus 16 regular season) by cutting two of the preseason games and moving them to the regular season. While on paper that makes sense, it neglects the fact that preseason games are a joke where starters rarely play, the outcomes don’t matter, and players don’t play at full-force like they would during a game that does matter. The big bonus here is for fans. Most NFL teams charge the same ticket prices for pre and regular season games, long a bone of contention for fans lucky (or rich) enough to be able to attend. An 18-game regular season would blunt some of that criticism. The true winner is the fan on his couch who gets two more weeks of football. Those of us who love making our wives Sunday Widows are in favor of that.

Owners are trying to sell players on the idea in monetary terms. Paychecks for preseason games are small. Two more regular season games means more cash in your pocket. But the owners aren’t the ones who’d have to endure the physical strain. I can only imagine how brutalized an NFL player must feel over the course of a football season. They also risk a career-ending injury with every snap of the ball (Hello, Joe Theismann) and that means no more paychecks at all.

The issue won’t be resolved until after this season when the current collective bargaining agreement (CBA) expires. It’s expected that owners will play hardball in negotiations over the next CBA because they feel they gave up too much to the players last time. The 18-game season will be a key issue for the owners and they’ll likely get their way if it comes to a lockout of players, a distinct possibility if negotiations drag on too long. Under that scenario, no one gets paid and lockouts always tends to favor owners. They’re signing the checks and fans get ticked off pretty quick when Fall rolls around and the only thing on TV come Sunday afternoon is figure skating.

Hopefully a long labor dispute will not come to pass, but you should still enjoy this coming season as much as you can because one thing’s for certain – things are going to look a lot different in the NFL after this year’s Super Bowl.

Digital M&As heat up

Posted: 26 Aug 2010 12:03 PM PDT

It’s a good time to be in the digital media market, evidently. M&As in the market grew nearly 70 percent during the first half of 2010 compared to the same period last year, according to investment bankers Peachtree Media Advisors. Public offerings are also expected to ramp up.

Such jockeying for market share should come as no surprise, as digital media companies are fast proving that the industry is here to stay as an advertising revenue powerhouse. So far, however, M&A deals have been on the small side, says Peachtree chief John Doyle II. Most of Google’s recent digital media acquisitions, for instance, fall under the $100 million mark.

“You’ve got traditional media companies that are still hurting,” Doyle tells Paid Content. “I don’t think there would be a buyer for Demand Media or Hulu.”

Not everyone counts the bigger players out … just yet. Stifel Nicolaus & Co. analyst Jordan Rohan has urged Yahoo!to take Hulu while it can, arguing the video site could well position the company to become a digital entertainment contender with advertising cross-selling chops. Yahoo! has already made modest progress in that direction with its acquisition of Associated Content and reported interest in CafeMom.

In the meantime, what digital media segments will drive the second half of the year’s M&A activity? Says Doyle: analytics and social games. Acquirers take your mark!

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Photo by Franco Folini, used under a CC-Share Alike license.

People who need people are lucky to have Hoover’s

Posted: 26 Aug 2010 08:06 AM PDT

The revolving door to the executive office suite never stops turning, and nobody knows that better than Hoover's search editors, who make hundreds of officer changes daily based on corporate news and events. Hoover's customers rely on having the most up-to-date information on key decision makers, and we are here to provide it.

Some of the updates are simple and straight-forward. Did we get the new server CTO appointed by Advanced Micro Devices? Yep, available to our customers within hours of the announcement. How about the new general manager of AOL Canada or the departure of the Borders Group CFO? Absolutely, same-day service on both of those as well. Dean Foods' recently promoted president? A new subsidiary CEO at Bayer Healthcare? The new chief HR officer for Kaiser? Check, check, and check.

Other updates, however, are a bit more complex. For example, take GE's press release from last week announcing seven new company officers. By the time Hoover's customers logged in the following day, all seven executives were appearing in our company records: one in General Electric, one in GE Oil & Gas, two in GE Energy, and three in General Electric Capital Corporation. They had updated ages and bios as well.

But we go even deeper than that. One of the executives doesn't officially start until the end of the month, but we went ahead and entered him in our database with a notation indicating when the change will take effect. Our policy is that if we know about an upcoming change, our customers should know. In addition, another executive formerly worked for the US Department of the Treasury. We made sure his GE record was connected to his Treasury record so when he is pulled up in our database, customers will know it's the same guy.

Trying to navigate this revolving door of changes on your own could leave you feeling dizzy, but Hoover's search editors have the talent and expertise to provide the steady and secure data you need.

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Photo by Dan4th Nicholas used under a Creative Commons license.

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