Ascent Media

Ascent Capital Group
Public (NASDAQ: ASCMA and NASDAQ: ASCMB)
Industry Residential Security Monitoring
Founded 1999 via three-way merger
Headquarters Denver, Colorado
Key people
William R. Fitzgerald
Chairman and CEO, Ascent Capital Group

William E. Niles
EVP and General Counsel, Ascent Capital Group

Michael A. Haislip
EVP, Ascent Capital Group
President and CEO, Monitronics International

Michael R. Meyers
SVP and CFO, Ascent Capital Group
VP and CFO, Monitronics International

John A. Orr
SVP, Ascent Capital Group
Revenue IncreaseUS$311.9M (FY 2011)[1]
IncreaseUS$-28.2M (FY 2011)[1]
IncreaseUS$20.6M (FY 2011)[1]
Total assets DecreaseUS$1,626M(FY 2011)[1]
Total equity IncreaseUS$560M (FY 2011)[1]
Website www.ascentmedia.com

Ascent Capital Group is a public holding company[2] whose primary subsidiary is Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.[3]

The company's main activity through its wholly owned subsidiary, Monitroincs, is to provide security alarm monitoring services to more than 1 million residential and commercial customers in the United States, Canada and Puerto Rico through its nationwide network of independent dealers.

History

In its past, Ascent Capital Group provided creative and technical services to the media and entertainment industries.[4] Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.[3]

The assets and operations of Ascent Capital Group are composed primarily of the assets and operations of various businesses acquired from 2000 through 2004, including The Todd-AO Corporation, Four Media Company, Video Services Corporation, Group W Network Services, London Playout Centre and the systems integration business of Sony Electronics. The combination and integration of these and other acquired entities allows AMG to offer integrated outsourcing for the technical and creative requirements of its clients, from content creation and other post-production services to media management and transmission of the final product to broadcast television stations, cable system head-ends and other destinations and distribution points."[5]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Ascent Capital Group 2011 Annual Report - Form 10-K - February 29, 2012.". secdatabase.com. Retrieved 2012-05-23.
  2. Hoover's coverage by Sylvia Lambert (2008-01-02). "Ascent Media Corporation information and related industry information from Hoover's United Kingdom (UK)". Hoovers.com. Retrieved 2012-01-04.
  3. 3.0 3.1 "Discovery Communications LLC 2008 Registration Statement - Form S-4 - July 18, 2008.". secdatabase.com. Retrieved 2012-05-22.
  4. "Home - Ascent Capital Group, Inc". Ascentmediacorporation.com. 2011-12-08. Retrieved 2012-01-04.
  5. 5.0 5.1 "e10vk". Sec.gov. Retrieved 2012-01-04.
  6. "John Malone's Digital Picture Show". Businessweek.com. 2005-04-19. Retrieved 2012-01-04.
  7. "ASCENT MEDIA GROUP INC - Amended Annual Report (10-K/A) PART III". Sec.edgar-online.com. Retrieved 2012-01-04.
  8. "Ascent Media Corporation Acquires Monitronics". The Wall Street Journal. December 17, 2010. Retrieved March 15, 2011.
  9. "ENCOMPASS COMPLETES ACQUISITION OF ASCENT MEDIA CORPORATION’S CONTENT DISTRIBUTION BUSINESS".
  10. "MONITRONICS INTERNATIONAL ACQUIRES 93,000 HIGH QUALITY SUBSCRIBER ACCOUNTS"

External links