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Metromedia Company · Hackensack, NJ United States

Company Description

21 Main St. Ste. 201
Hackensack, NJ
07601
United States (Map)
Phone: 201-531-8000
Fax: 201-531-2804
    View Metromedia Company Locations On A US MapThis 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 TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees29,500

    Metromedia Company Executives

    5 executives listed for Metromedia Company's Hackensack, NJ location.
    TitleName & BioContact
    Chairman and PresidentJohn KlugeNetwork
    SVP Finance and TreasurerRobert MarescaNetwork
    EVP and General PartnerStuart SubotnickNetwork

    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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