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W. Don Cornwell
W. Don Cornwell (born January 17, 1948) is a retired investment banker and broadcast media executive. He was the founder, CEO, and Chairman of Granite Broadcasting, which at the time was the largest television broadcast company controlled by an African American, from 1988 to his retirement in 2009. Prior to founding Granite Broadcasting, he was at Goldman Sachs for 17 years. He currently serves on the boards of Pfizer, AIG, and Natura & Co (formerly Avon). Early life and education Cornwell was born in 1948 in Cushing, Oklahoma. He later moved with his family to Tacoma, Washington, attending Stadium High School. He received a BA in political science from Occidental College in Los Angeles in 1969. He received an MBA from Harvard University in 1971. Career Goldman Sachs After receiving his MBA in 1971, Cornwell worked on Wall Street at Goldman Sachs. He was a vice president of the investment banking division at Goldman Sachs from 1976 to 1988. From 1980 to 1988 he was Chief ...
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The History Makers
Julieanna L. Richardson (born June 10, 1954) is an American Harvard-trained lawyer and the founder and executive director of The HistoryMakers, a national, 501(c)(3) non-profit educational institution based in Chicago, Illinois, committed to preserving, developing, and providing easy access to an internationally recognized archival collection of thousands of African-American video oral histories. With more than 2,000 life oral history interviews with well-known and unsung African Americans, The HistoryMakers is the nation's largest African-American oral history collection of its kind. Before founding The HistoryMakers in 1999, Richardson was a successful cable television executive and corporate lawyer. She was the founder and CEO of both SCTN Teleproductions, which served as the local production arm for C-SPAN, and Shop Chicago Inc., which set standards for regional TV home-shopping ventures and received international attention with its combination of home shopping and infomercial f ...
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MyNetworkTV
MyNetworkTV (unofficially abbreviated MyTV, MyNet, MNT or MNTV, and sometimes referred to as My Network) is an American commercial broadcast television syndication service and former television network owned by Fox Corporation, operated by its Fox Television Stations division, and distributed through the syndication structure of Fox First Run. MyNetworkTV began its operations on September 5, 2006, with an initial affiliate lineup covering about 96% of the country, most of which consisted of stations that were former affiliates of The WB and UPN that did not join the successor of those two networks, The CW. Under the ownership structure of Fox Corporation, the service is incorporated as a subsidiary company known as MyNetworkTV, Inc. On September 28, 2009, following disappointment with the network's results, MyNetworkTV dropped its status as a television network and transitioned into a programming service, similar to Ion Television and The CW Plus, relying mainly on repeats o ...
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Big Brothers Big Sisters Of New York City
Big Brothers Big Sisters of NYC is a 501(c)(3) non-profit organization based in New York City whose mission is to help children reach their potential through professionally supported, one-to-one relationships with mentors that try to have a measurable impact on youth. Big Brothers Big Sisters of NYC is one of the oldest and largest youth mentoring organizations in the United States, and mentor over 2,500 children annually.''Big Brothers Big Sisters of NYC- Histor' History In 1904, a young New York City court clerk named Ernest Kent Coulter was seeing many boys come through his courtroom. He recognized that caring adults could help many of these boys stay out of trouble, so in 1904, he set out to find volunteers and made his famous plea:"There is only one possible way to save that youngster, and that is to have some earnest, true man volunteer to be his big brother. To look after him, to help him do right, to make the little chap feel that there is at least one human being in this ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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The Hollywood Reporter
''The Hollywood Reporter'' (''THR'') is an American digital and print magazine which focuses on the Cinema of the United States, Hollywood film industry, film, television, and entertainment industries. It was founded in 1930 as a daily trade paper, and in 2010 switched to a weekly Wide-format printer, large-format print magazine with a revamped website. As of 2020, the day-to-day operations of the company are handled by Penske Media Corporation through a joint venture with Eldridge Industries. History Early years; 1930–1987 ''The Hollywood Reporter'' was founded in 1930 by William R. Wilkerson, William R. "Billy" Wilkerson (1890–1962) as Hollywood's first daily entertainment trade newspaper. The first edition appeared on September 3, 1930, and featured Wilkerson's front-page "Tradeviews" column, which became influential. The newspaper appeared Monday-to-Saturday for the first 10 years, except for a brief period, then Monday-to-Friday from 1940. Wilkerson used caustic articles ...
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Multichannel News
''Multichannel News'' is a magazine and website published by Future US that covers multichannel television and communications providers, such as cable operators, satellite television Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna comm ... firms and telephone company, telephone companies, as well as emerging Internet video and communication services. History and profile ''Multichannel News'' was founded by Fairchild Fashion Media, Fairchild Publications and Paul Maxwell. Its first issue was published on September 15, 1980. The Walt Disney Company owned the magazine for a year after acquiring Fairchild parent Capital Cities Communications, Capital Cities/ABC, then sold it to Cahners Business Information, part of RELX Group, Reed Elsevier. In 2009, owner Reed Business Information sold '' ...
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Retransmission Consent
Retransmission consent is a provision of the 1992 United States Cable Television Consumer Protection and Competition Act that requires cable operators and other multichannel video programming distributors (MVPDs) to obtain permission from commercial broadcasters before carrying their programming. Under the provision, a broadcast station (or its affiliated/parent broadcast network) can ask for monetary payment or other compensation, such as carriage of an additional channel. If the cable operator rejects the broadcaster's proposal, the station can prohibit the cable operator from retransmitting its signal. In the United States, the Federal Communications Commission (FCC) regulates this area of business and public policy pursuant to 47 U.S.C. Part II. History Since the 1960s, the Federal Communications Commission had established must carry rules, which required cable television operators to carry all significantly viewed local stations. In 1985 and 1987, the judiciary decided tha ...
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Silver Point Capital
Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mulé and Robert J. O’Shea. Together, they created and led Goldman's distressed debt and special situation lending businesses before leaving to create Silver Point. Mulé headed or co-headed Goldman's Special Situations Investing Business from 1999 to 2001. In 2014, Silver Point ranked No. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The fund received the highest scores of all hedge funds in Alpha Generation, Alignment of Interests, and Transparency. In 2021, the company reported to manage approximately $15 billion in assets. Investment strategy Debt investments *Krispy Kreme Notable investments *Duff & Phelps *Toys R Us *Men's Wearhouse *MoneyGram *Herbst Gaming *Dana Holding Corporation *Hostess Brands * Torch Energy Royalty Trust * Cooper-Standard Auto ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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The WB
The WB Television Network (for Warner Bros., or the "Frog Network", for its former mascot, Michigan J. Frog) was an American television network launched on broadcast television on January 11, 1995, as a joint venture between the Warner Bros. Entertainment division of Time Warner and the Tribune Broadcasting subsidiary of the Tribune Company, with the former acting as controlling partner. The network aired programs targeting teenagers and young adults between 12 and 34, with its children's division, Kids' WB, geared toward children 6 to 12. On January 24, 2006, CBS Corporation and Warner Bros. Entertainment announced plans to merge its subsidiary networks, UPN and the WB, and launch The CW later that same year. The WB Television Network shut down on September 17, 2006, with some programs from both it and competitor UPN (which had shut down on September 15) moving to The CW when it launched the following day, September 18. Time Warner re-used the WB brand for an online network ...
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