Metromedia Company · Hackensack, NJ United States
Company Description
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This link will open in a new window This company has put its brand on both the dining and the energy sector. Metromedia is a holding company controlled by chairman John Kluge that owns steak buffet restaurant chains Ponderosa and Bonanza through its Metromedia Steakhouses subsidiary. (The dining unit filed for Chapter 11 bankruptcy in 2008.) The company's energy holdings include Metromedia Energy, an independent energy marketer that provides natural gas procurement and energy management services to more than 10,000 commercial and industrial customers. Affiliate Metromedia Power offers electricity brokerage services to business customers in about a dozen states, mostly in the Northeast. To read the full description, subscribe now.
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Key Metromedia Company Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 29,500 |
Metromedia Company Executives
5 executives listed for Metromedia Company's Hackensack, NJ location.
| Title | Name & Bio | Contact |
| Chairman and President | John Kluge | Network |
| SVP Finance and Treasurer | Robert Maresca | Network |
| EVP and General Partner | Stuart Subotnick | Network |
Competition
Competitive Landscape for Metromedia Company
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Metromedia Company Competitors
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