vivaelvis
06-12-2012, 10:50 PM
Remember when I told you guys of my source hearing of a private discussion between a EPE representative and Disney about a potential TV Network? Well, I was reading a news article from the Wall Street Journal and stumbled upon this little interesting tibit from Core Media Group (formerly CKX) and their near future plans.
“We’re looking at acquiring companies,” Graboff said. “They’ll be mostly focused in the television production space. Most of the focus is in non-fiction TV, primarily cable but not exclusively non-fiction and not exclusively cable.
He declined to disclose specifics on those deals other than saying that they will be announced shortly.”
One thing that got my attention in that piece was the part about "potential to buying up networks". Most of the time, when a company enters into the television market they buy up a network or low rated channel with the intensions to remodel it with newer or revamped programming and renaming it, NBC did this with Versus which is now the NBC Sports Network. Oprah Winfrey (Elvis' distant cousin) did the same thing with her OWN network by that name. Now, time will tell if this becomes Elvis-based property or not, but it's lining up to possibly be the beginning of a dream-come-true Elvis-themed cable or Satellite network that I told you guys about a while back.
The actual article though IS Elvis related. http://blogs.wsj.com/privateequity/2012/06/08/elvis-is-in-the-building-thanks-to-apollo%E2%80%99s-core-media/
And Ken, before you try and debunk or spin it to be another negative or gloomy outlook, this does NOT mean that it will or will not be an Elvis channel or network in the future. All I am simply pointing out is the POTENTIAL of the possibility. It could even become Core Media Group's own network built around it's individual properties like Elvis, Ali, IDOL, 19 Entertainment artists and So You Think You Can Dance show. An entertainment network.
And another thing, even though Core and EPE do NOT own the movie rights, a financial arrangement could be reached to profit both MGM and Core/EPE should one be considered for material IF it were to be for an Elvis network or programming by Core. Also, with more than a dozen artists under 19 Ent. Core could put live concert events on the network. Live programming is very cheap and less expensive when you do not need commercial space. I could see them doing a network like the HD NET.
“We’re looking at acquiring companies,” Graboff said. “They’ll be mostly focused in the television production space. Most of the focus is in non-fiction TV, primarily cable but not exclusively non-fiction and not exclusively cable.
He declined to disclose specifics on those deals other than saying that they will be announced shortly.”
One thing that got my attention in that piece was the part about "potential to buying up networks". Most of the time, when a company enters into the television market they buy up a network or low rated channel with the intensions to remodel it with newer or revamped programming and renaming it, NBC did this with Versus which is now the NBC Sports Network. Oprah Winfrey (Elvis' distant cousin) did the same thing with her OWN network by that name. Now, time will tell if this becomes Elvis-based property or not, but it's lining up to possibly be the beginning of a dream-come-true Elvis-themed cable or Satellite network that I told you guys about a while back.
The actual article though IS Elvis related. http://blogs.wsj.com/privateequity/2012/06/08/elvis-is-in-the-building-thanks-to-apollo%E2%80%99s-core-media/
And Ken, before you try and debunk or spin it to be another negative or gloomy outlook, this does NOT mean that it will or will not be an Elvis channel or network in the future. All I am simply pointing out is the POTENTIAL of the possibility. It could even become Core Media Group's own network built around it's individual properties like Elvis, Ali, IDOL, 19 Entertainment artists and So You Think You Can Dance show. An entertainment network.
And another thing, even though Core and EPE do NOT own the movie rights, a financial arrangement could be reached to profit both MGM and Core/EPE should one be considered for material IF it were to be for an Elvis network or programming by Core. Also, with more than a dozen artists under 19 Ent. Core could put live concert events on the network. Live programming is very cheap and less expensive when you do not need commercial space. I could see them doing a network like the HD NET.