1

EDUCATIONAL EDUCATIONAL EDUCATIONAL EDUCATIONAL & NETWORKING & NETWORKING & NETWORKING & NETWORKING EVENTSEVENTSEVENTSEVENTS

MMeeddiiaa OOuuttllooookk 22001188 Tuesday, September 12 12:00 pm - 6:00 pm (includes lunch & reception)

Offices of Lowenstein Sandler LLP 1251 Ave of the Americas – 17th Floor New York, NY

Co-Chairs: Stuart Benson, CFO, Helios and Matheson Brian Ignatowski, VP Controllership, Disney Financial Services

Overview: Discussion from industry experts on what’s on the horizon for the coming year.

Registration Fees: • MFM Member - $99 • MFM Corporate Member - $79 • Never-member with Trial Membership - $250

(Non-member price without Trial Membership - $149) Details and Registration Form: http://www.mediafinance.org/media-outlook

BBCCCCAA MMeeddiiaa CCrreeddiitt SSeemmiinnaarr Tuesday, November 7 8:00 am - 6:30 pm

Offices of Lowenstein Sandler LLP 1251 Ave of the Americas – 17th Floor New York, NY

If you want to reach your target market, there are sponsorship and exhibitor opportunities available. Please contact Arcelia Pimentel, Director of Sales, at apimentel@bccacredit.com or 847/881-8757 x 104 for details. Details and Registration Form: http://www.mediafinance.org/media-credit-seminar-ny

July 2017

• Budgeting for the Future • Refer & Receive

• #MFMMediaFinance

• We Want YOU…

• Education, CPE and MORE

• BCCA Credit Reports

• And much more…

550 W. Frontage Road, Ste. 3600 Northfield, IL 60093 MFM Phone: 847.716.7000 MFM Fax: 847.716.7004 MFM Email: info@mediafinance.org BCCA Phone: 847.881.8757 BCCA Fax: 847.784.8059 BCCA Email: info@bccacredit.com MFM FEIN: 13-1984011 BCCA FEIN: 36-2750062

2

July 2017

More Upcoming Events…

CFO Summit March 8-9, 2018 Hilton, Ft. Lauderdale, FL

Registration limited to most senior financial executives in media companies. MFM reserves the right to refuse registration requests that do not meet registration criteria. Please call Mary Collins (847.716.7000) for more information.

Details available soon on www.MediaFinance.org

Annual Conference Media Finance Focus 2018 May 21-23, 2018 Hyatt Regency Crystal City Arlington, VA

Information will be available soon on the conference website: www.MediaFinanceFocus.org

SSuummmmeerr MMeemmbbeerr RReeffeerrrraall CChhaalllleennggee

Do you know someone that would benefit from MFM membership? Refer a new member today and you and the new member will each receive a $25 restaurant gift card. It’s that simple…thanks for helping MFM grow!

To refer a colleague: https://www.mediafinancefocus.org/member-referral-challenge

Summer Social Media Challenge / #MFMMediaFinance

What do you like most about being an MFM member? Now is your chance to let us—and your colleagues—know! We challenge you to spread the word about MFM to your networks! Every public post* you make using #mfmmediafinance puts you one step closer to winning a prize, and bragging rights, of course!

How it works: 1. Post publicly* about MFM three times or more on LinkedIn, Twitter, Facebook or Instagram, using the

hashtag #mfmmediafinance. Or, share or comment on posts from MFM’s official social media pages that contain the hashtag #mfmmediafinance. For official rules go to: https://www.mediafinancefocus.org/summer-challenge

2. The challenge ends September 30, 2017. 3. The 5 top participants with at least three posts, shares or comments between June 15 and September

30, 2017, will be announced in the MFM e-Letter following the conclusion of the challenge, and will each receive a $25 gift card of their choosing from a preselected list of restaurants!

For more information and sample posts go to: https://www.mediafinancefocus.org/summer-challenge

Good luck and happy posting!

*Only public posts on social media will be considered for the Challenge. Check your privacy settings on Facebook, Twitter, Instagram and LinkedIn to make sure your post will be counted.

Tip: To ensure that your post is visible to MFM and eligible for the Challenge, tag MFM pages in your posts. For example, on Facebook, include “@MFM Media Financial Management Association” in your post.

3

MMFFMM MMeemmbbeerrsshhiipp NNeewwss……

COMMITTEES – Now More Valuable for You Get the Most from your Membership - Join a Committee MFM members tell us that the opportunity to exchange best practices with their peers is the main reason they joined the association. Beginning in early September, committees meet monthly by phone. Calls last 30-45 minutes, with total time based topics the committee has chosen to discuss. Each committee has a committee chair who is typically a member of the MFM Board. Some committees have co-chairs. The committee chair and the co-chair work with committee members to determine areas of interest and set the agenda for the committee meetings. A staff liaison handles the administrative work for each session, sending meeting notifications and preparing summary notes after each call. Accounting Standards: Keeps members informed about accounting issues facing media companies. Cable: Watches issues specific to cable operators and programmers. Interactive & Digital Media: Provides information on matters related to the digital space, including best practices on digital advertising & revenue generation, new and emerging trends, and non-traditional content delivery systems. Internal Auditor: New this year, covers issues relevant to media industry internal auditors. Media Credit/BCCA Committee: Focuses on credit and collection issues and topics; only media industry professionals, from MFM and BCCA, are eligible to participate. Membership, Marketing & Promotion: Helps MFM Membership Coordinator identify potential new members and benefits for all members. Newspaper: A forum for issues facing the newspaper and print industry. Radio: Follows issues for radio financial professionals. Television: Watches issues for TV financial professionals. Tax: Has an eye on current and pending federal and state tax issues. TFM Editorial Board: Works with editor to ensure the magazine covers topics of interest. Young Professionals: Specifically for members under 35, provides individuals with opportunities to develop professionally through networking, career building, and education. Selected committee calls include guest speakers who share their expertise on a topic of the committee’s choosing. Guest speakers often end up being panelists at the annual conference. Subjects covered by experts on recent committee calls have included: industry trends; how to manage collections, advertising and billing; independent contractor issues, wage/hour and employee reclassification; programmatic buying and the future of media; revenue recognition; and digital age strategies and solutions. Time is also set aside during the call for sharing information, asking questions or just discussing a topic of interest. In addition, committees are one of the secrets of the success of MFM’s annual conference – Media Finance Focus. Committee members suggest topics for the conference as well as selecting coordinators and/or moderators for the sessions. You can join today: 1. Sign up online. Go to www.mediafiance.org then click on membership>committees>join a committee; or 2. Call the MFM Office at 847-716-7000 x103, or 3. Send an email to Brendan.Doyle@mediafinance.org with Committees in the subject line. We look forward to helping you maximize the value of your membership.

July 2017

4

Check out MFM & BCCA on Social Media

To better respond to the way media is consumed now, we are cutting the number of stories in the e-Letter and will begin sharing others on social media as they break. Follow MFM & BCCA on Twitter, LinkedIn, Facebook, and Instagram. There may be special discounts, announcements or breaking news for those that follow us…so stay connected with us throughout your day. Twitter: @MediaFinance @MFMFinanceFocus @BCCACredit @BCCAMediaWhys Instagram: @MediaFinance LinkedIn Groups: Media Financial Management Association

BCCA-The Media Industry's Credit Reporting Association Facebook: Facebook.com/MediaFinancialManagement MFM Hashtags: #MFMMediaFinance and #MFMMediaFinanceFocus

UUSS SSttaarrttss wwiitthh UU!!

Don’t forget to include MFM (and BCCA) in your 2018 budgets. Included in this UPDATE are many activities and opportunities for you to network, learn and grow. MFM and BCCA are dedicated to being the premiere source of education, networking, information, and signature products to meet the diverse needs of financial and business professionals in the media industry. Join US…we have numerous educational and peer interaction opportunities planned over the next year…don’t U miss out!

Please call our office (847.716.7000 or 847.881.8757) if you need information about fees for the conference, seminars, publications and/or membership.

DDiiggiittaall TTFFMM

July/August TFM features:

• Media Valuations • Conference Roundup • MFF2017 Photo Array • Games & Streams • and so much more

Read Current Issue: http://viewer.zmags.com/publication/79060123

July 2017

5

July 2017

BBCCCCAA MMeemmbbeerrsshhiipp NNeewwss……

MMeeddiiaa WWhhyyss BCCA's Newest Credit Report

Media Whys credit reports include the most up-to-date media aging data plus trade information from D&B® or Experian®. Media Whys’ online portal allows you to source what you need, when you need it. Media Whys is a product of BCCA, the company you trust for media-specific credit information. Media Whys reports are created by the media industry for the media industry. Would you like to see a sample or get a free report? Contact Arcelia Pimentel today:

o PHONE: 847.999.2104 or 847.881.8757 x104 o EMAIL: apimentel@bccacredit.com

DID YOU KNOW…D&B Trade Plus and Canadian Equifax Reports are Available to ALL BCCA Members? In today’s world you need to be thorough and get information quickly. We offer our member’s access to not only our BCCA Custom Reports (media specific) and Commercial Credit Reports (compilation of D&B, Experian, Lexus Nexus, Edgar Online) but to two new reports, D&B Trade+ (3 Units) and Canadian Equifax (3 Units). Our CCR, D&B and Canadian Reports are available within 60-minutes* of request. High volume unit memberships have the advantage of ‘Direct Connect’ usage. For more information please call Arcelia Pimentel at the BCCA office at 847.881.8757. Details and Samples: www.bccacredit.com or apimentel@bccacredit.com *BCCA’s normal business hours are Monday through Friday 8:00am to 5:00pm Central time. Requests received outside of these hours will be handled at the beginning of the next business day.

DATES & DEADLINES August 17 - MFM Board of Directors Meeting in NYC September 4 - MFM & BCCA Office Closed for Labor Day observance September 12 - MFM Regional Seminar: Media Outlook 2018 in NYC November 7 - BCCA Media Credit Seminar in NYC March 8-9, 2018 - CFO Summit, Ft. Lauderdale, FL May 21-23, 2018 - Media Finance Focus 2018, Hyatt Regency Crystal City, Arlington, VA