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Thursday, May 17, 2018 11:59:15 AM
My Opinion
The time is now ripe for breaking barriers to eliminate distracted driving. Distracted driving is now at the top of the list of problems to be solved to keep young drivers and those who share the road safe. That includes ALL drivers and pedestrians. Steve is the champion for the cause, and the team that he put together is methodically chipping away. With each week that passes, he's reporting more and more dealerships signing on. As this distribution continues to grow, Steve remains in hot pursuit of AAA and the insurance companies - BOTH of which will eventually fall in line with what I believe is Steve's strategy. The "event" of the purchase of a new or "re-purposed" vehicle - which in many cases involves a new driver - is a prime opportunity for "net new" accounts and new drivers to existing accounts... and retaining these accounts or luring them from other insurance brokers and policy underwriters. With this, there WILL be a new competitive advantage if the insurer has something to offer in support of the DD solution offered by the vehicle seller (the dealer). Or a DISadvantage, if not. And most folks realize that AAA is in direct competition with insurance companies on many fronts. This whole process will reach critical mass very soon, and we'll be hearing about the first new insurer or AAA "club" coming on board.
(yes, AAA is actually a collection of "clubs," 42 of them at last count, and all it takes is to get the first one - any one of them - to come on board, to get the ball rolling: https://en.wikipedia.org/wiki/American_Automobile_Association#List_of_AAA_regional_clubs)
Steve will work out the bugs to get the Delaware tax issue solved, allowing the company to move forward with the broader plans involving other legs of the business. As he's said, he's got the attorney working on it, and he feels they are very close to getting the name/ticker change and related issues moving forward. That's great, but I'm more interested right now in what is on the plate today with the existing business. And Steve Berman is the right man for the job - couldn't ask for anyone more capable and qualified. Steve's statements in the articles below from his time with YES Network give a taste of how he thinks - forward thinking, an innovator, a strategist. There's also a reference to his 7.5 years with Time Warner before he went to work for YES Network.
DD - Steve Berman with YES Network & Time Warner
It can be seen with just a little bit of effort that Steve Berman, CEO of On4 Communications, has been very successful with sales & marketing. He's also a big thinker and innovator... who thinks big, acts and delivers. He didn't bask in limelight, so you won't find him all over the net, but there's a lot more out there than I've put here, if you really care to dig for it.
For "Steve the Business Entrepreneur," you can look here:
https://www.linkedin.com/in/steve-berman-4212b21a/
For pre-2009, it just takes a little bit more work.
Steve worked for Time Warner and YES Network. In MEDIA... ADVERTISING... SALES... MARKETING... YES - that's big money. What is YES Network? Well, Rupert Murdoch bought it (added 49%) for $3.4B in 2012 (this valued YES Network at $7B in 2012 - and Steve was the lead man running advertising, as SVP Advertising). Here's a bit more info about it - -
From 2012...
"Last month Murdoch purchased 49% of the New York Yankees YES Network, the most-watched RSN in the country, for $3.4 billion, with Fox increasing its stake to 80% in three years."
https://lawofficesofjonathanfranklin.blogspot.com/2012/12/?m=0
From December 2017... (and still a major national news item right now, as AT&T is still trying to buy Time Warner, and while Comcast is going all out to keep Disney from buying Fox Sports to rebrand under its ESPN platform.)
"On December 14, 2017, The Walt Disney Company announced plans to acquire all 22 regional Fox Sports networks from 21st Century Fox, including the company's 80% stake in YES. Once the deal is approved, the networks will be rebranded under ESPN.[9]"
What is YES Network:
Yankee Entertainment & Sports Network
https://en.wikipedia.org/wiki/YES_Network
Steve's work with YES Network:
Here's another article with a quote from Steve Berman:
Here's a 2005 article, an interview with a Time Warner exec:
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