| Business Summary | | ACME
Communications,
Inc.
is
in
the
business
of
acquiring
independently
owned
stations,
under-performing
stations
and
construction
permits
for
new
stations
in
medium-sized
markets
across
the
United
States.
The
Company
currently
owns
and
operates
ten
broadcast
television
stations.
Nine
of
its
stations
are
network
affiliates
of
The
WB
Network,
making
the
Company
the
third
largest
WB
Network
affiliated
station
group
in
the
United
States.
Like
The
WB
Network,
the
Company
targets
its
programming
at
younger
audiences,
in
particular,
young
adults,
teens
and
kids.
Its
programming
includes
The
WB
Network
prime
time
programming
(at
nine
of
its
ten
stations);
Kids'
WB!
(at
nine
of
its
ten
stations);
syndicated
programming;
and
local
programming. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ACME
Communications
owns
and
operates
ten
broadcast
television
stations
in
medium-sized
markets
across
the
United
States.
Nine
of
the
stations
are
a
network
affiliate
of
the
WB
Network.
For
the
six
months
ended
6/30/01,
net
revenues
fell
less
than
1%
to
$35.4
million.
Net
loss
rose
27%
to
$13.1
million.
Revenues
reflect
lower
advertising
demand.
Higher
loss
suffered
from
increases
in
staffing
and
sales
expenses,
and
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jamie Kellner, 53 Chairman
and CEO | $250K | Douglas Gealy, 40 Pres,
COO | 380K | Thomas Allen, 48 CFO,
Exec. VP, Director | 380K | Edward Danduran, 48 VP
and Controller | 152K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|