Hearst Television Inc. · New York, NY United States
Company Description
View Hearst Television Inc. Locations On A US Map
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This link will open in a new window One might wonder whether or not Hearst Television ever shows Citizen Kane on its stations. The company is a wholly-owned subsidiary of Hearst Corporation (Hearst family patriarch William Randolph Hearst was the inspiration for the 1941 film). It is one of the leading TV groups in the US with about 30 stations (both owned and managed) serving more than two dozen markets around the country. The stations reach nearly 20% of US households and are primarily affiliated with the ABC and NBC networks. The firm also manages two Hearst radio stations in Baltimore. Hearst Corporation took the TV business (formerly called Hearst-Argyle Television) private in 2009. To read the full description, subscribe now.
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Key Hearst Television Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $720.5 |
| 2008 Employees | 3,327 |
Hearst Television Inc. Executives
26 executives listed for Hearst Television Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| President and CEO | David Barrett | Network |
| EVP and CFO | Harry Hawks | Network |
| VP Administration and Information Technology | Alvin Lustgarten | Network |
Competition
Competitive Landscape for Hearst Television Inc.
Business advertising, program popularity, and consumer demographics drive demand. The profitability of individual companies depends on advertising volume, programming mix, and efficient operations. Large companies have advantages of market dominance, often owning the only TV stations in a geography. Small companies can compete effectively with special programming that attracts a targeted audience. Average annual industry revenue per employee is $350,000: broadcast TV averages $257,000 per worker and cable TV about $651,000. To read the full description, subscribe now.Top Hearst Television Inc. Competitors
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