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Wiki Wiki Summary
Risk management Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.\nRisks can come from various sources including uncertainty in international markets, threats from project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause.
Advertising Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea.: 465  Sponsors of advertising are typically businesses wishing to promote their products or services. Advertising is differentiated from public relations in that an advertiser pays for and has control over the message.
Classified advertising Classified advertising is a form of advertising, particularly common in newspapers, online and other periodicals, which may be sold or distributed free of charge. Classified advertisements are much cheaper than larger display advertisements used by businesses, although display advertising is more widespread.
Sex in advertising Sex appeal is often used in advertising to help sell a particular product or service. According to research, sexually appealing imagery used for marketing does not need to pertain to the product or service in question.
Broadcasting... Broadcasting is the distribution of audio or video content to a dispersed audience via any electronic mass communications medium, but typically one using the electromagnetic spectrum (radio waves), in a one-to-many model. Broadcasting began with AM radio, which came into popular use around 1920 with the spread of vacuum tube radio transmitters and receivers.
American Broadcasting Company The American Broadcasting Company (ABC) is an American commercial broadcast television network, serving as the flagship property of the ABC Entertainment Group division of The Walt Disney Company. The network is headquartered in Burbank, California, on Riverside Drive, directly across the street from Walt Disney Studios and adjacent to the Roy E. Disney Animation Building.
Television broadcasting A television network or broadcaster is a telecommunications network for distribution of television program content, where a central operation provides programming to many television stations or pay television providers. Until the mid-1980s, television programming in most countries of the world was dominated by a small number of terrestrial networks.
Competition law Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement.
Competition (biology) Competition is an interaction between organisms or species in which both require a resource that is in limited supply (such as food, water, or territory). Competition lowers the fitness of both organisms involved, since the presence of one of the organisms always reduces the amount of the resource available to the other.In the study of community ecology, competition within and between members of a species is an important biological interaction.
Swimsuit competition A swimsuit competition, more commonly now called a bikini contest, is a beauty contest which is judged and ranked while contestants wear a swimsuit, typically a bikini. One of the judging criteria is the physical attractiveness of the contestants.
Coronary circulation Coronary circulation is the circulation of blood in the blood vessels that supply the heart muscle (myocardium).\nCoronary arteries supply oxygenated blood to the heart muscle.
Fetal circulation In animals that give live birth, the fetal circulation is the circulatory system of a fetus. The term usually encompasses the entire fetoplacental circulation, which includes the umbilical cord and the blood vessels within the placenta that carry fetal blood.
Circulation (journal) Circulation is a scientific journal published by Lippincott Williams & Wilkins for the American Heart Association. The journal publishes articles related to research in and the practice of cardiovascular diseases, including observational studies, clinical trials, epidemiology, health services and outcomes studies, and advances in applied (translational) and basic research.
Thermohaline circulation Thermohaline circulation (THC) is a part of the large-scale ocean circulation that is driven by global density gradients created by surface heat and freshwater fluxes. The adjective thermohaline derives from thermo- referring to temperature and -haline referring to salt content, factors which together determine the density of sea water.
Significant figures Significant figures (also known as the significant digits, precision or resolution) of a number in positional notation are digits in the number that are reliable and necessary to indicate the quantity of something.\nIf a number expressing the result of a measurement (e.g., length, pressure, volume, or mass) has more digits than the number of digits allowed by the measurement resolution, then only as many digits as allowed by the measurement resolution are reliable, and so only these can be significant figures.
Significant form Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art.
Statistical significance In statistical hypothesis testing, a result has statistical significance when it is very unlikely to have occurred given the null hypothesis. More precisely, a study's defined significance level, denoted by \n \n \n \n α\n \n \n {\displaystyle \alpha }\n , is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; and the p-value of a result, \n \n \n \n p\n \n \n {\displaystyle p}\n , is the probability of obtaining a result at least as extreme, given that the null hypothesis is true.
Marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer.
United States Postal Service The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states. It is one of the few government agencies explicitly authorized by the United States Constitution.
The Postal Service The Postal Service was an American indie pop supergroup from Seattle, Washington, consisting of singer Ben Gibbard, producer Jimmy Tamborello, and Jenny Lewis on background vocals.\nThe band released their debut album, Give Up, in 2003 on Sub Pop Records, to mostly positive reviews.
Postal Service Act The Postal Service Act was a piece of United States federal legislation that established the United States Post Office Department. It was signed into law by President George Washington on February 20, 1792.
2017 in American television The following is a list of events affecting American television in 2017. Events listed include television show debuts, finales, and cancellations; channel launches, closures, and re-brandings; stations changing or adding their network affiliations; and information about controversies and carriage disputes.
ABS-CBN ABS-CBN (an initialism of its two predecessors' names, Alto Broadcasting System and Chronicle Broadcasting Network) is a Philippine commercial broadcast network (composed of television through free-to-air terrestrial, cable or satellite, radio and new media through streaming media, internet or online) and syndication, program distributor, and production company (operating primarily under the name ABS-CBN Entertainment) that serves as the flagship property of ABS-CBN Corporation, a company under the Lopez Group. The network is headquartered at the ELJ Communications Center and ABS-CBN Broadcasting Center in Quezon City, with additional offices and production facilities in 25 major cities including Baguio, Naga, Bacolod, Iloilo, Cebu, and Davao.
Sky Group Sky Group Limited is a British media and telecommunications conglomerate, which is a division of Comcast, and headquartered in London, England. It has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland and Italy.
Regulation Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.
Formula One regulations The numerous Formula One regulations, made and enforced by the FIA and later the FISA, have changed dramatically since the first Formula One World Championship in 1950. This article covers the current state of F1 technical and sporting regulations, as well as the history of the technical regulations since 1950.
New York Codes, Rules and Regulations The New York Codes, Rules and Regulations (NYCRR) contains New York state rules and regulations. The NYCRR is officially compiled by the New York State Department of State's Division of Administrative Rules.
Vehicle emission standard Emission standards are the legal requirements governing air pollutants released into the atmosphere. Emission standards set quantitative limits on the permissible amount of specific air pollutants that may be released from specific sources over specific timeframes.
Gerrymandering In representative democracies, gerrymandering (, originally ) is the political manipulation of electoral district boundaries with the intent of creating undue advantage for a party, group, or socio-economic class within the constituency. The manipulation may consist of "cracking" (diluting the voting power of the opposing party's supporters across many districts) or "packing" (concentrating the opposing party's voting power in one district to reduce their voting power in other districts).In addition to its use achieving desired electoral results for a particular party, gerrymandering may be used to help or hinder a particular demographic, such as a political, ethnic, racial, linguistic, religious, or class group, such as in Northern Ireland, where boundaries were constructed to guarantee Protestant Unionist majorities.
Psychomotor retardation Psychomotor impairment involves a slowing down of thought and a reduction of physical movements in an individual. Psychomotor impairment can cause a visible slowing of physical and emotional reactions, including speech and affect.Psychomotor impairment is most commonly seen in people with major depression and in the depressed phase of bipolar disorder; it is also associated with the adverse effects of certain drugs, such as benzodiazepines.
Dementia Dementia manifests as a set of related symptoms, which usually surfaces when the brain is damaged by injury or disease. The symptoms involve progressive impairments in memory, thinking, and behavior, which negatively impacts a person's ability to function and carry out everyday activities.
Intangible asset An intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, as well as software.
Valuation (finance) In finance, valuation is the process of determining the present value (PV) of an asset. In a business context, it is often the hypothetical price that a third party would pay for a given asset.
Book value In accounting, book value is the value of an asset according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset.
Library acquisitions Library acquisitions is the department of a library responsible for the selection and purchase of materials or resources. The department may select vendors, negotiate consortium pricing, arrange for standing orders, and select individual titles or resources.Libraries, both physical and digital, usually have four common broad goals that help dictate these responsibilities.
Risk Factors
MEREDITH CORP ITEM 1A RISK FACTORS In addition to the other information contained or incorporated by reference into this Form 10-K, investors should consider carefully the following risk factors when investing in our securities
In addition to the risks described below, there may be additional risks that we have not yet perceived or that we currently believe are immaterial
Advertising represents the largest portion of our revenues
Approximately 60 percent of our revenues are derived from advertising
Advertising constitutes about half of our publishing segment revenues and almost all of our broadcasting segment revenues
Demand for advertising is highly dependent upon the strength of the US economy
During an economic downturn, demand for advertising may decrease
The growth in alternative forms of media, for example the Internet, has increased the competition for advertising dollars, which could in turn reduce expenditures for magazine and television advertising and/or suppress advertising rates
Circulation revenues represent a significant portion of our revenues
Magazine circulation is another significant source of revenue, representing about 23 percent of total revenues and about 29 percent of publishing segment revenues
Maintaining circulation is critical for maintaining advertising sales
Magazines face increasing competition from alternative forms of media and entertainment
As a result, sales of magazines through subscriptions and at the newsstand may decline
As publishers compete for subscribers, subscription prices could decrease and marketing expenditures may increase
Client relationships are important to our book and integrated marketing businesses
Our ability to maintain existing client relationships and generate new clients depends significantly on the quality of our services, our reputation, and the continuity of Company and client personnel
Dissatisfaction with our services, damage to our reputation, or changes in key personnel could result in a loss of business
Paper and postage prices may be difficult to predict or control
Paper and postage represent significant components of our total cost to produce, distribute, and market our printed products
In fiscal 2006, these expenses accounted for approximately 29 percent of the publishing segmentapstas operating costs
Paper is a commodity and its price has been subject to significant volatility
Historically, we have been able to realize favorable paper pricing through volume discounts and multi-year contracts; however, all of our paper supply contracts provide for price adjustments based on prevailing market prices
We use the US Postal Service for distribution of substantially all of our magazines and many of our marketing materials
Postal rates are dependent on the operating efficiency of the US Postal Service and on legislative mandates imposed upon the US Postal Service
Although we work with others in the industry and through trade organizations to encourage the US Postal Service to imp lement efficiencies that will contain rate increases, we cannot predict with certainty the magnitude of future price changes in paper and postage
Further, we may not be able to pass such increases on to our customers
-11- _________________________________________________________________ World events may result in unexpected adverse operating results for our broadcasting segment
Our broadcasting results could be affected adversely by world events such as wars, political unrest, acts of terrorism, and natural disasters
Such events can result in significant declines in advertising revenues as the stations will not broadcast, or will limit broadcasting, of commercials during these times of crisis
In addition, our stations may have higher newsgathering costs related to coverage of the events
Our broadcasting operations are subject to FCC regulation
Our broadcasting stations operate under licenses granted by the FCC The FCC regulates many aspects of television station operations including employment practices, political advertising, indecency and obscenity, programming, signal carriage, and various technical matters
Violations of these regulations could result in penalties and fines
Changes in these regulations could impact the results of our operations
The FCC also regulates the ownership of television stations
Changes in the ownership rules could affect our ability to consummate future transactions
It is uncertain how the FCC-mandated transition to DTV will affect viewership
Details regarding regulation and its impact on our broadcasting operations are provided in Item 1--Business beginning on page 8
We have two classes of stock with different voting rights
We have two classes of stock: common stock and Class B stock
Holders of common stock are entitled to one vote per share and account for approximately 30 percent of the voting power
Holders of Class B shares are entitled to ten votes per share and account for the remaining 70 percent of the voting power
There are restrictions on who can own Class B shares
Control by a limited number of individuals may make the Company a less attractive takeover target, which could adversely affect the market price of our common stock
This voting control also prevents other shareholders from exercising significant influence over certain of our Companyapstas business decisions
We could incur non-cash charges due to the impairment of goodwill and intangible assets
We test our goodwill and intangible assets, including FCC licenses, for impairment during the fourth quarter of every year and on an interim basis if indicators of impairment exist
If the fair value of a reporting unit or an intangible asset declines, a potentially material non-cash impairment charge could be incurred
Acquisitions pose inherent financial and other risks and challenges
These transactions involve challenges and risks in negotiation, execution, valuation, and integration
Moreover, competition for certain types of acquisitions is significant, particularly in the field of interactive media
Even if successfully negotiated, closed, and integrated, certain acquisitions may not advance our business strategy and may fall short of expected return on investment targets
The preceding risk factors should not be construed as a complete list of factors that may affect our future operations and financial results