I suspect you might be a bit older....and wiser....it is my sincerest hope that you and I (and Harry) enjoy the bifurcation to come. It is long over due...but it may exceed anything we had expected!
St Mark & Company....let it be!
mar, You are absolutely right, I was delighted to see MB on a business channel. I'd like to see him on Fox Business and CNBC too. I do hope you are right and we are on the road to success after all these years.
I thought you might be happier since St. Mark appeared on BloombergTV....you were always admonishing mgt to get on CNBC!
It sounds like we will have an EVINE Event on Cyber Monday.....and I bet EVINE Live TV will promote it next week!
The General was the last to appear on TV to talk about the company....St. Mark is doing everything right and has received broader coverage in less time than any prior CEO. NY Post, Bloomberg, Multichannel News, etc, etc.
For those of us who have been around...this is real change that we have not seen since 1999.
This time however it is for real! St Mark my words....we will be significantly higher more quickly than anyone would expect. We might actually have a very Merry Christmas!
Would have been nice to see them launch it Monday to promote the following cyber Monday. Hopefully that cyber Monday after Black Friday we will see some sort of mass mobile event to get the attention of all those cyber shoppers.
mr harry, I guess I thought Nuce took Beers place but it is more a matter of "independent" vs internal Director. All good then right. If Beers has all these contacts mentioned in this thread, then I'd say he is a key to this new vision.
All interesting speculation, marubozo, but I imagine that the more immediate project(s) would involve developing salable products related to one or more of the shows that Beers currently has running on cable.
Talk about your X- Files:
“It is time for a new challenge and a new adventure. Although it is a little scary to leave what you have always known, I am very excited about what lays ahead.” - L. Robertson....QVC's #1 host (she could bring an audience to EVINE Live)
Perhaps to join K. Levine who left Q awhile back to join with St. Mark.....(she could bring an audience to EVINE Live)
RTL Group and Bertelsmann to pump $2 billion into digital programming.....“It’s an incredibly disruptive time,”
Its strategy with Munchies platform, launched in partnership with Vice, is to use annotations and extra content to migrate traffic from the Munchies channel on YouTube to the Munchies platform, a site where they can control ad sales. According to Lauren Cynamon, executive producer of Vice Munchies, the site tries to create an immersive experience with 7 new food articles a day, as well as recipes, in a bid to keep viewers on its platform rather than going back to the Google universe.
Another opportunity Beers sees for FMNA is to leverage its massive back catalog of television intellectual property to create digital content from classic brands. Tiny Riot, FremantleMedia’s digital studio, is currently working on a new vertical called Buzzer that will be a digital game-show network, says Beers.
The network will feature YouTube’s biggest stars competing against each other inside popular game-show formats from today and past eras. Fremantle owns the rights to many well-known game shows like The Price is Right, Let’s Make a Deal, Family Feud and Password, all which will be re-made and targeted to a younger audience.
“The idea is to get these YouTube stars engaged in a great, old game-show format,” says Beers. And they get paid while “getting a chance to subvert an old format and have fun with it.”
Don't know how much really new we will see on air here in Q4 that would reflect the new vision, but MB did again say that we would see some new program/concept/brand announcements in the coming weeks. One of the things he has alluded to are tie-ins with existing networks/programming. He mentioned it today and he included it among the responsibilities of the new Chief Strategy Officer, Nuce Russell, in the Tuesday call. It wouldn't surprise me if one of the earlier projects was connected to something Thom Beers, one of our new board members, has created or produced.
1st qtr at the latest is how he phrased it I think. The recognize the problem and want to sell to the market what they think is the solution, but yes if they cant execute then its wont mean much. With this name change they are committing themselves to make some noticeable changes in the near future so I dont think you will have long to wait to start to evaluate results of their vision.
1st qtr a "maximum you mean right. Selling the message is important to do but delivering on that message by way of the numbers is most important. Well it looks like we are getting a bump in pps since the event. Unfortunately I missed it so will have to link to the companies ir once it is up for viewing.
MB comes across well. Confident, competant, right amount of humility. nothing really new in the message. head of merchandising by end of yr (1st qtr at a minimum). it is a big step to have the CEO out there sending the message. I would imagine once they get past 4th quarter and the focus it requires as a retailer he will be out there even more pounding the pavement to sell the message.
On November 17, 2014, the Company entered into an Executive Employment and Severance Agreement with Mr. Bozek. The employment agreement provides for a three year initial term, followed by automatic one-year renewals. The employment agreement provides for an initial base salary of $625,000 per year, a signing bonus of $125,000 and a one-time first-year bonus of $381,849, payable upon completion of the fiscal year ending January 31, 2015. For subsequent fiscal years, Mr. Bozek will be eligible to participate in the Company’s annual cash incentive plan as in effect from time to time. To assist with Mr. Bozek’s relocation to the Company’s headquarters in Eden Prairie, Minnesota, his employment agreement provides for a living expense allowance of $2,500 per week for up to six months, plus an additional amount to make Mr. Bozek whole for taxes on the living expense allowance. Mr. Bozek will also be eligible to participate in the Company’s executive relocation program. His employment agreement also provides that the Company will reimburse Mr. Bozek for up to $20,000 in reasonable and documented legal expenses and other costs associated with the negotiation of his employment arrangements, and for an award of performance restricted stock units under the Company’s 2011 Omnibus Incentive Plan with a fair value of approximately $1,000,000.
It indeed was the GOLD proxy........
If St Mark gets us to a ZU-like valuation....the investment is well worth it. The focus of this board should not be on the past but on the future....and particular attention to plans and results to get us to a ZU-like valuation!
MIss Moss is all about home shopping nets....EVLN ain't one of them anymore.
I didnt mind ks pay that much. I didnt like increasing their golden parachute ahead of the
shareholder vote. Exec compensation is out of control in general and I guess I probably would agree
with you that id like to see it lower here particularly with thr
Sheesh, trump. Our man's got to be able to put food on his table and clothes on his back. Joking.. Yea, pretty sweet deal for these two. Definitely turns the table for me too in terms of looking to hold long-term. I too, will probably look to exit sooner than later. Perhaps Mar can cheer us up with his eternal optimism.