Holloway to inject new life into NBC: plans to turn
the economic model for network revenue on its head.
by Wade, Marcia A.
Black Enterprise • May, 2008 • Doug Holloway; National Broadcasting Company
Inc.
With NBC broadcasting the Summer Olympics in 2008, the Super Bowl
in 2009, and a high-profile presidential election waiting in the wings,
Doug Holloway's promotion to president of NBC Network Distribution
Partnerships and Affiliate Marketing could not have come at a better
time.
While some analysts have predicted the death of network broadcast
television, Holloway plans to turn the economic model for network
revenue on its head.
"Ideally, I would like to generate carriage revenue that
rivals carriage revenue for some of the major cable networks," says
Holloway, who began his career at the USA Network in 1983. NBC wants to
be paid for its programming, he says.
"One of the biggest challenges is the mind-set of television
owners and operators that heretofore were paid or [didn't pay] for
the carriage of the broadcast network programming," Holloway says.
"There is not an even playing field. Some stations have very robust
advertising sales and others do not. Changing behavior and perspective
is a huge hurdle that we will have to overcome,"
Holloway is responsible for NBC's affiliate relations strategy
and interaction with NBC's 233 affiliate stations across several
platforms. Holloway also has executive supervision of the NBC Affiliate
Marketing group. "We're expecting big things out of
Doug," says John Eck, president of NBC TV Network and Media Works.
"He has a deep experience base, a strong background in sales and
advertising in the affiliate side, and he has deep connections into the
broader television industry. Those are a great fit for where we are at
NBC."
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Despite the network's lower ratings this season, Jeffrey
Sprague, a Citigroup industry analyst, wrote in a report that NBC had a
strong fourth quarter in 2007, with the broadcaster recording
double-digit growth for the first time in two years. For the first
quarter in 2008, Sprague expects that the broadcaster's revenue
will grow approximately 10% with operating profits up 5% to 10% year
over year.
"It is a statement the broadcast business is not dead, which a
lot of people have predicted," Holloway says. "I don't
think it's even on life support. We are going to prove that there
is a great upside to the business going forward."
COPYRIGHT 2008 Earl G. Graves Publishing Co.,
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