Internet Companies
Everyone has heard about the exponential growth of the Internet. Everyone has seen the graphs portraying the numbers of users or servers. And everyone has read about hypes and bubbles, upswings and recessions related to the Internet. Putting these common information aside and taking a closer look on the actual responses to the Internet of the five largest media companies is the primary purpose of this paper. At a point where the Internet has established itself as a mass medium examening large media companies can bring up valuable information: What are the typical responses of companies? Do their Internet ventures follow certain patterns? Which Internet activities proved to be successful and lasting? Of course, it would also be possible to answer questions of these types by looking at companies in other industries. But because of the natural relationship between traditional activities of media companies and the topics raised by the "digital revolution” more appropriate answers can be found when concentrating on media companies. The procedure is as follows: Having described the respective company (Time Warner/AOL, Disney, Viacom/CBS, Sony, or Bertelsmann) in brief by focusing on key aspects such as size and core activities it
The last major issue of Bertelsmann Internet strategy are its E-commerce activities. In mid-2000 the company founded a new division called Bertelsmann eCommerce Group (BeCG) which was headed by the former AOL manager Andreas Schmidt. In late November of last year BeCG (including barnesandnoble) was restructured and integrated into the Direct Group. By now Bertelsmann considers its E-commerce as an additional distribution channel and follows a so-called multi channel strategy by making use of traditional catalogues, shops, and the Internet. Currently, E-commerce revenues for books acount for 2% of total book sales. This number is expected to rise to 10% in three or four years meaning that it becomes "important but not decisive” . - Retail Business: DirectGroup Bertelsmann (clubs for books and music) and Bertelsmann eCommerce Group (BeCG)
Some topics in this essay:
Internet Putting,
Thomas Middelhoff,
Sony Bertelsmann,
AOL/Time Warner,
E-commerce Due,
Napster BeCG,
Konrad Hilbers,
IPO Middelhoff,
Furthermore RTL´s,
TV Internet,
media companies,
internet strategy,
thomas middelhoff,
internet activities,
publishing house,
bertelsmann ecommerce becg,
company able,
ecommerce becg,
substantial activity”,
responses internet,
appointed ceo,
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Approximate Word count = 1308
Approximate Pages = 5 (250 words per page double spaced)
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