CEO Speech With Slides

download CEO Speech With Slides

of 41

Transcript of CEO Speech With Slides

  • 7/31/2019 CEO Speech With Slides

    1/41

    GRIFFIN UNIVERSITY: COM12 BUSINESS COMMUNICATIONS

    11

    ASSESSMENT ITEM TWOANNOUNCING THE TAKEOVER OF BLUE TORCH

    ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

  • 7/31/2019 CEO Speech With Slides

    2/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    2 | P a g e

    DISCLAIMER

    Lachlan James Ross (LJR) Media Inc. is a fictional worldwide entertainment and content

    provider. With over 6000 employees and offices located throughout the world, LJR have

    become the worlds leading and most trusted source of media and entertainment content.

    All names, facts and figures that are mentioned in this presentation are entirely fictional and

    created solely for the purpose of this assessment.

    -Lachlan Ross

  • 7/31/2019 CEO Speech With Slides

    3/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    3 | P a g e

    LJR MEDIA INC.

    67 SAFFRON ST, GEELONG, VICTORIA 3220

    News Release Contact Information

    FOR IMMEDIATE RELEASE

    February 4, 2011 Michael Harris, Communications Director

    Office:Ph. (03) 52788214

    Email:[email protected]

    LJR MEDIA INC. CEO TO MAKE SPECIAL PRESENTATION AND MAJOR

    ANNOUNCEMENT REGARDING THE FUTURE OPERATIONS OF LJR MEDIA INC.

    LJR Media Inc. is one of the worlds largest and faster growing companies, specialising in

    providing the highest quality content of entertainment from movies, television, print and

    radio. This news release is to invite any interested media to attend LJR CEO, Lachlan James

    Ross in announcing LJRs new acquisition of Blue Torch Entertainment.

    The press conference is to be held at 12 noon on February 7 at LJR Media Inc. Main Office

    press room, 67 Saffron St in Newtown, Geelong. CEO Lachlan Ross had this to say in the

    build up to the official announcement, These are exciting times for all investors involved in

    LJR and with this announcement our customers are going to be opened up to a whole new

    range of services that we can now offer now offer them. This announcement will delight all

    of our valued investors and strengthen our positioning within the entertainment industry.

    The presentation will also include a free lunch and drinks as a way to thank all the media for

    their continued support over the last 12 months and as a celebration of what the future

    holds.

    For more information, please contact Michael Harris at (03)52788214 or email

    [email protected].

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
  • 7/31/2019 CEO Speech With Slides

    4/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    4 | P a g e

    PRESENTATION BY CEOLACHLAN JAMES ROSSANNOUNCING THE TAKEOVER AND ACQUSITIONOF BLUE TORCHENTERTAINMENT

    Thank You and good afternoon everyone.

    I hope you are all enjoying the free lunch that was provided today.

    My name, in case you dont know is Lachlan Ross.

    Im the CEO and founder of LJR Media Inc.

  • 7/31/2019 CEO Speech With Slides

    5/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    5 | P a g e

    WORLDS LEADING ENTERTAINMENT AND CONTENT PROVIDER.

    FOUNDED IN 1984.

    EMPLOYEES OVER 6000 STAFF.

    OFFICES LOCATED IN 10 COUNTRIES.

    PUBLICLY LISTED IN 1990

    CEO IS FOUNDER LACHLAN J ROSS

    Its great to be here this afternoon I havent had the opportunity to address a

    room full of reporters since, well Friday. I was having withdrawals.

    Ok, so is everyone seated?

    Lets begin then shall we.

  • 7/31/2019 CEO Speech With Slides

    6/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    6 | P a g e

    In 2010 we entered the year facing strong economic headwinds and great

    uncertainty about the health of our markets.

    We were at a crossroads.

  • 7/31/2019 CEO Speech With Slides

    7/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    7 | P a g e

    SIMPLIFY MANAGEMENT STRUCTURE

    CLARIFY INDIVIDUAL ROLES

    GOAL TO STREGHTEN OPERATIONS

    ADJUST TO THE NEW WORLD OF DIGITALISATION

    INCREASE REVENUE AND ASSESTS

    I and everyone who is part of the LJR Media Inc. Team focused our efforts over

    the duration of the past 12 months with a goal to strengthen our operations.

    As a result we have emerged with our business improving more than the

    markets themselves.

  • 7/31/2019 CEO Speech With Slides

    8/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    8 | P a g e

    The executive board had been talking about how to best simplify our

    management structure and speed up decision making for a long time.

    By clarifying our individual roles, we created clearer responsibility and

    accountability from the very top of the company.

    http://www.flickr.com/photos/jeremiah_owyang/4523159778/http://www.flickr.com/photos/jeremiah_owyang/4522505593/
  • 7/31/2019 CEO Speech With Slides

    9/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    9 | P a g e

    Our impressive results were widely distributed across most of our business

    segments and from varied sources around the world.

    REVIEW OF SEGMENT OPERATING RESULTS

    Total Segment Operating Income 3 Months Ended 6 Months Ended

    December 31, December 31,

    2010 2009 2010 2009US $ Millions

    Cable Network Programming $ 735 $ 604 $ 1,394 $ 1,117

    Filmed Entertainment 189 324 469 715

    Television 151 29 256 67

    Direct Broadcast Satellite Television (12) (30) 70 98

    Publishing 380 (90)* 558 28*

    Other (156) (125) (312) (251)

    Total Segment Operating Income $ 1,287 $ 712 * $ 2,435 $ 1,774

    They are testament to the clear vision our senior management has maintained

    in the face of broad economic challenges, as well as to the dedication of our

    more than 6000 innovative colleagues.

  • 7/31/2019 CEO Speech With Slides

    10/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    10 | P a g e

    The past 12 months results also underscore how well positioned we are:

    Fiscally Operationally and Strategically for further growth across all markets.

  • 7/31/2019 CEO Speech With Slides

    11/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    11 | P a g e

    Ok now,

    It is with great pleasure as I stand before you today on behalf of everyone at

    LJR Media Inc. to announce the companys acquisition of Blue Torch

    Entertainment.

    I will be more than happy to answer any questions that you may have once I

    have concluded this presentation.

    Before that though, Id like to talk about the process and reasons behind the

    acquisition.

    Why LJR Media Inc. thought it was a smart decision, and finally...

  • 7/31/2019 CEO Speech With Slides

    12/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    12 | P a g e

    How do we think this announcement will benefit the future of LJR Media Inc

    MEDIA AND ENTERTAINMENT INDUSRTY IS IN THE MIDST OF

    TRANSFORMATION.

    INTERNET HAS CHANGED CUSTOMER REQUIRMENTS

    NEW PLATFORMS AND NEW WAYS TO COMMUNICATE & SHARE

    CONTENT HAVE BEEN CREATED

    We all know that the media and entertainment industry is in the midst of

    transformation.

  • 7/31/2019 CEO Speech With Slides

    13/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    13 | P a g e

    We are entering a period of digitalisation which defies all limits and crosses all

    borders, in which everything works with everything else, everywhere, all the

    time.

    The internet is driving a fundamental change in customer requirements.

    We have come to realize that great content and service is no longer going to beenough.

  • 7/31/2019 CEO Speech With Slides

    14/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    14 | P a g e

    Customers are looking for new solutions to new challenges presented by a

    transformed technological world.

    It's a world where solutions matter most.

    Where size makes a difference.

  • 7/31/2019 CEO Speech With Slides

    15/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    15 | P a g e

    Where success will depend upon our ability to align ourselves to function.

    In a seamless way to answer our customers' every technology need from all

    forms of media driven content.

    Each day new platforms and new ways of communicating and sharing content

    challenge us to evolve our business.

    These disruptions though have provided us with long term opportunities.

  • 7/31/2019 CEO Speech With Slides

    16/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    16 | P a g e

    Across the company, we have been using rapid advancements in technology to

    our advantage.

    Its the consistency of LJRs core strategy, and clarity to our operations that

    resonate with me as I stand before you making this special announcement

    today.

  • 7/31/2019 CEO Speech With Slides

    17/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    17 | P a g e

    FURTHER ENHANCE CAPABILITIES AND GROWTH TRAJECTORY

    GOAL TO BUILD THE NEXT GENERATION PLATFORM FOR SERVING MEDIA WORLDWIDE

    ADVANCE MARKET POSITION

    REDUCE COSTS OF SUSTAINABILITY

    EXTENDS SERVICES AND TECHNOLOGIES AT LJR

    In the final half of 2010 we made an attractive all cash offer of 700pence per

    share to acquire the 61% of Blue Torch Entertainment that LJR Media Inc.

    didnt already own.

    LJR payed Blue Torch Entertainment a breakup fee of approximately $60

    million after we obtained regulatory approvals.

    The transaction was financed by using a significant portion of the available

    cash on our balance sheet plus borrowed funds.

    The number of LJR shares issued in the transaction was determined based on

    the 30 day average closing price two trading days prior to the completion of

    the acquisition.

  • 7/31/2019 CEO Speech With Slides

    18/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    18 | P a g e

    APPROVAL OF TRANSACTION COMPLETE

    CLOSE OF TRANSACTION EXPECTED 1ST QAUTER OF 2011

    TRANFORMATION INTO THE DIGITAL ERA

    IS A CORE BUSINESS OF LJR MEDIA INC

    WILL IMPROVE CUSTOMER EXPERIENCE OF OUR SERVICES

    Both companies have approved the transaction, which is subject to customary

    closing conditions and is expected to close in the first quarter of 2011.

    I believe this transaction will result in increased geographic diversification of

    the companys earnings base and reduce its exposure to cyclical advertising

    revenues through an increase in direct consumer.

    It affirms a successful transformation into the digital era of 2011 and positions

    LJR for the future and greatly benefits our investors.

    Its also a core business in which we have an extensive expertise.

    Our companies share similar values.

  • 7/31/2019 CEO Speech With Slides

    19/41

  • 7/31/2019 CEO Speech With Slides

    20/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    20 | P a g e

    When deciding to acquire Blue Torch Entertainment, we saw an opportunity to

    partner with a great management team to further enhance the companys

    capabilities and growth trajectory.

    Im confident that with this takeover well have the flexibility and resources

    needed to pursue our goal of building the next generation platform for serving

    media worldwide.

  • 7/31/2019 CEO Speech With Slides

    21/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    21 | P a g e

    It is a rare opportunity when an entertainment company can advance its

    market position substantially and reduce its cost structure substantially at the

    same time.

    This is possible because Blue Torch Entertainment and LJR Media Inc. are in the

    same businesses, pursuing the same strategies, in the same markets, with

    complementary capabilities.

    With LJRs global reach, scale and widely recognised leadership, we are

    confident that our existing customers will continue to be fully supported while

    we continue to enhance and extend our services and technology at LJR.

  • 7/31/2019 CEO Speech With Slides

    22/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    22 | P a g e

    I firmly believe our era is one of innovation.

    That is, a digital renaissance that is bringing us closer to a global meritocracy

    than at any time in human history.

    Innovation only accelerates as human freedom advances and human beings

    have more chances to interact.

  • 7/31/2019 CEO Speech With Slides

    23/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    23 | P a g e

    ERA OF INNOVATION IS ASYMMETRIC

    INNOVATION ACCELERATES AS HUMAN FREEDOM ADVANCES

    MORE INTERACTION WITH CUSTOMERS

    THE INTERNET CHANGES EVERYTHING AND EFFECTS BUSSINESS.

    The era of innovation is asymmetric:

    The winners will be rewarded handsomely and the laggards will be left

    languishing far behind.

  • 7/31/2019 CEO Speech With Slides

    24/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    24 | P a g e

    REAL TIME IS NOT FAST ENOUGH

    Everyone understands that we live in a world of technological change.

    Companies that do not innovate will struggle to survive.

    They will be digitally disorientated.

  • 7/31/2019 CEO Speech With Slides

    25/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    25 | P a g e

    Quickly losing touch with their customers, and who will be more

    technologically literate than those who seek to provide them with services and

    products.

    It's true: the Internet changes everything.

    Think of all the things you can do from your home, your car, your office, the

    airport that you could never do before.

    Things like:

    Instant communication over networks Content moving over networks Whole processes being transformed by networks and networks

    supported by open architectures

    All of which are driving a digitalised technological transformation that is much

    more radical and much more rapid than ever before.

    The dot-com bubble may have burst, but the effect of the Internet on business

    and daily life is immutable.

  • 7/31/2019 CEO Speech With Slides

    26/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    26 | P a g e

    Our strong performances over the last 12 months have been driven by a

    rapidly growing digital economy.

    Continuous product innovation that benefits a wider range of customers and

    by the extraordinary momentum of our newer business frameworks since

    being implemented.

    These results give us the optimism and confidence to invest heavily in future

    growth.

    Investments that will benefit our customers, the team at LJR and the wider

    community.

  • 7/31/2019 CEO Speech With Slides

    27/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    27 | P a g e

    MOST HAVE BEEN TAKEOVERS OF DIVERSIFICATION....NOT

    CONSOLIDATION

    SOLD AT HIGH PRICES IN HOT MARKETS = HIGH REVENUE

    SYNERGIES TO COVER BET.

    NO DETAILED PRE & POST CLOSE INTEGRATION PROGRAMS

    Many entertainment and media takeovers have failed.

    Most have been takeovers of diversification, not consolidation.

    Many have been market laggards coming together.

    Most have been done in hot markets at hot prices - requiring lots of revenue

    synergies to cover the bet.

    Many had no detailed pre- or post-close integration programs.

  • 7/31/2019 CEO Speech With Slides

    28/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    28 | P a g e

    CREATES MARKET LEADERSHIP

    UPSIDE POTENTIAL OF COST SYNERGIES & REVENUE

    MUST HAVE A GOAL OF BRINGING THE TWO COMPANIES TOGETHER AS A FAMILY

    MEETS CRITERIA FOR SMOOTH AND EFFECTIVE INTEGRATION

    TIMING

    This is a takeover of like businesses coming together - a takeovers of

    consolidation, not diversification.

    LJR and Blue Torch Entertainment are in the same businesses, we understand

    each other, and we speak the same language.

    This is a takeover that creates market leadership.

    This is a takeover that we expect to be substantially accretive even with

    revenue losses baked in.

    This is a takeover with lots of upside potential in both cost synergies and

    revenue.

  • 7/31/2019 CEO Speech With Slides

    29/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    29 | P a g e

    This industry is beginning to consolidate.

    Current industry dynamics are much more akin to the mature phases of other

    industries - where takeovers are not only workable, but a strategic imperative.

    Industries like:

    Pharmaceuticals Oil and Gas Financial Services Telecom and Aerospace

    In fact, there are some common threads that run through successful mergers.

  • 7/31/2019 CEO Speech With Slides

    30/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    30 | P a g e

    Takeovers have succeeded:

    When the combination is about bringing like businesses together, notmaking forays into new businesses

    When the combination helps to achieve clear market leadership

    When the deal is stock only, providing a strong post-merger balancesheet

    When the combination results in significant cost savings, and

    When the combination meets the criteria for smooth and effectiveintegration

  • 7/31/2019 CEO Speech With Slides

    31/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    31 | P a g e

    The timing of this deal is also important.

    We're doing this takeover at the near bottom of a market cycle, not the top,

    which means:

    Valuations are fair Customers aren't making major investments Our competitors are in a holding pattern or dealing with business-model

    challenges of their own as they adjust to lower overall industry growth

    rates.

  • 7/31/2019 CEO Speech With Slides

    32/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    32 | P a g e

    And perhaps most importantly, our employee base is stable. Attrition at LJR

    and Blue Torch are at all-time lows.

    INCLUSION OF DEFINING GOVERNACE FOR NEW COMPANY

    FOCUS TO REMAIN ALWAYS ON CUSTOMERS

    DEVELOPMENT OF CLEAR PRODUCT ROADMAPS

    TO CAPTURE COST SAVINGS IDENTIFIED

    HAVE CONSTANT COMMUNICATION WITH EMPLOYEES & STAKEHOLDERS

    We are addressing the critical factors for successful takeover execution:

    Including defining governance for the new company Ensuring an unyielding focus on customers throughout the pre- and

    post-close integration process

    Developing clear product roadmaps

  • 7/31/2019 CEO Speech With Slides

    33/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    33 | P a g e

    Preparing ourselves for Day One across every level of the companydeveloping rigorous plans for capturing the cost-savings we have

    identified

    Staying in constant communication with employees and stakeholders

    Interestingly, the adversity we've faced has brought the two organizations

    even closer together and created an even more unified and committed team.

  • 7/31/2019 CEO Speech With Slides

    34/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    34 | P a g e

    Proof that a kite rises against the wind, not with it.

    We have now entered the third and final phase of our integration planning.

    We are at the point where detailed business plans are being drawn up for the

    new company.

    We are over-achieving on both our cost reduction and revenue targets.

  • 7/31/2019 CEO Speech With Slides

    35/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    35 | P a g e

    We have completed all our product line road maps.

    We've built our go-to-market plans.

    Our web sites will be integrated on day one.

    Our customer service reps will know what to say when they pick up the phone.

    All our employees will get a pay check that says LJR.

    These are just some examples of the nitty-gritty work that must be done, and

    is being done to assure we hit the ground running and can meet or exceed the

    expectations of our employees, our customers and our shareowners.

    All the hard work of reinvention over the past year has been preparation for

    this.

  • 7/31/2019 CEO Speech With Slides

    36/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    36 | P a g e

    SECURING THE FUTURE FOR LJR MEDIA INC.

    CAREFUL PLANNING FOR PAST 12 MONTHS

    WE ASKED OURSELVES THE HARD QUESTIONS.

    AQCUISITION CREATES SHAREHOLDER VALUE.

    This takeover isn't just my judgment of how best to secure this company's

    future.

    This represents the collective judgment of a talented team of people who havespent the last year preparing for this transaction.

    These are people who attended the meetings where we asked the hard

    questions:

    Will taking over Blue Torch Entertainment create shareowner value?

    And can we get it done?

    These same people have looked at the alternatives.

  • 7/31/2019 CEO Speech With Slides

    37/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    37 | P a g e

    They unanimously came to an answer: Acquire Blue Torch Entertainment.

    LEAD FROM THE FONTNOT FOLLOW FROMBEHIND

    COMMUNICATION IS KEY TO SUCCESS

    BOUNDLESS OPPURTUNITIES TO INCREASE

    MARKET SHARE

    OUR LEGACY IS WORTH PRESERVING.

    Im confident that we have turned the corner on this acquisition.

    The momentum is shifting.

    The more that people look at this deal, the more they conclude that this is not

    simply a choice between acquiring and not acquiring.

    This is a choice between taking the hill and charging ahead or retreating and

    starting over.

    This is a choice between embracing the revolution that is changing our industry

    or attempting in vain to preserve the status quo.

  • 7/31/2019 CEO Speech With Slides

    38/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    38 | P a g e

    This is a choice between leading and following.

    We work hard and will continue to do so when communicating our values as a

    company.

    I remain excited about the future and see boundless opportunities to play to

    our inherent strength as the worlds leading entertainment and content

    provider.

    Ours is a legacy of invention and values that are worth preserving.

    Sustaining our company requires moving forward with courage and

    determination.

    And that is exactly what we intend to do.

    -Thank You

  • 7/31/2019 CEO Speech With Slides

    39/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    39 | P a g e

    WWW.LJRMEDIAINC.COM

    [email protected]

  • 7/31/2019 CEO Speech With Slides

    40/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194

    40 | P a g e

    Bibliography

    Brian Atkin, Adrian Brooks. Total Facilities Management. Oxford: Blackwell Publishing Ltd, 2000.

    Hartley, John. Communication, Cultural & Media Studies. New York: Routledge, 2002.

    Steve Barrile, Terry Cameron. Business Managemen: Corporate, Human Resource & Operrations

    Management 5th Edition. South Yarra: VCTA Publishing, 2002.

    IMAGES

    http://commons.wikimedia.org/wiki/File:Working_Together_Teamwork_Puzzle_Concept.jpg

    http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+ris

    es+against+the+wind&aq=f&aqi=&aql=&oq=

    http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&aq=f&aqi=g10

    http://www.smh.com.au/news/business/the-big-takeovers-of-

    2005/2005/12/23/1135032184310.html

    www.coreideas.com.au/wp-content/innovation.jpg&imgrefurl

    http://www.spillerconsulting.com/&usg=__s_4M8OpyGgCNhmRqjHEXFvI

    www.deloitte.com/view/en_US/us/Industries/technology/1752cd53e2432210VgnVCM100000ba42f

    http://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4s

    yipeQG-

    http://sandiegoweddingcoop.wordpress.com/&usg=__xq3KccNuxHhO6hhmsd-

    http://www.inetgiant.com.au/tags/opportunities&usg=__c0zEHnvaTOMHd31r4G2cPGnS4

    http://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-

    http://megasilver.files.wordpress.com/2009/09/dgzakus5b65d.jpg&imgrefurl

    http://farm3.static.flickr.com/2088/2359896942_b3fc145e9a.jpg%3Fv%3D0&imgrefur

    www.trivandrumbuzz.com/wp-content/uploads/2009/10/egov_overview.jpg&imgrefurl

    www.arttherapyblog.com/uimages/2008/10/transformation-and-change.png&imgrefurl

    www.shawncasey.com/wp-content/uploads/2009/09/why.jpg&imgrefurl

    http://commons.wikimedia.org/wiki/File:Working_Together_Teamwork_Puzzle_Concept.jpghttp://commons.wikimedia.org/wiki/File:Working_Together_Teamwork_Puzzle_Concept.jpghttp://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+rises+against+the+wind&aq=f&aqi=&aql=&oq=http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+rises+against+the+wind&aq=f&aqi=&aql=&oq=http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+rises+against+the+wind&aq=f&aqi=&aql=&oq=http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&aq=f&aqi=g10http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&aq=f&aqi=g10http://www.smh.com.au/news/business/the-big-takeovers-of-2005/2005/12/23/1135032184310.htmlhttp://www.smh.com.au/news/business/the-big-takeovers-of-2005/2005/12/23/1135032184310.htmlhttp://www.smh.com.au/news/business/the-big-takeovers-of-2005/2005/12/23/1135032184310.htmlhttp://www.coreideas.com.au/wp-content/innovation.jpg&imgrefurlhttp://www.coreideas.com.au/wp-content/innovation.jpg&imgrefurlhttp://www.spillerconsulting.com/&usg=__s_4M8OpyGgCNhmRqjHEXFvIhttp://www.spillerconsulting.com/&usg=__s_4M8OpyGgCNhmRqjHEXFvIhttp://www.deloitte.com/view/en_US/us/Industries/technology/1752cd53e2432210VgnVCM100000ba42fhttp://www.deloitte.com/view/en_US/us/Industries/technology/1752cd53e2432210VgnVCM100000ba42fhttp://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4syipeQG-http://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4syipeQG-http://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4syipeQG-http://sandiegoweddingcoop.wordpress.com/&usg=__xq3KccNuxHhO6hhmsd-http://sandiegoweddingcoop.wordpress.com/&usg=__xq3KccNuxHhO6hhmsd-http://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-http://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-http://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-http://megasilver.files.wordpress.com/2009/09/dgzakus5b65d.jpg&imgrefurlhttp://megasilver.files.wordpress.com/2009/09/dgzakus5b65d.jpg&imgrefurlhttp://farm3.static.flickr.com/2088/2359896942_b3fc145e9a.jpg%3Fv%3D0&imgrefurhttp://farm3.static.flickr.com/2088/2359896942_b3fc145e9a.jpg%3Fv%3D0&imgrefurhttp://www.trivandrumbuzz.com/wp-content/uploads/2009/10/egov_overview.jpg&imgrefurlhttp://www.trivandrumbuzz.com/wp-content/uploads/2009/10/egov_overview.jpg&imgrefurlhttp://www.arttherapyblog.com/uimages/2008/10/transformation-and-change.png&imgrefurlhttp://www.arttherapyblog.com/uimages/2008/10/transformation-and-change.png&imgrefurlhttp://www.shawncasey.com/wp-content/uploads/2009/09/why.jpg&imgrefurlhttp://www.shawncasey.com/wp-content/uploads/2009/09/why.jpg&imgrefurlhttp://www.shawncasey.com/wp-content/uploads/2009/09/why.jpg&imgrefurlhttp://www.arttherapyblog.com/uimages/2008/10/transformation-and-change.png&imgrefurlhttp://www.trivandrumbuzz.com/wp-content/uploads/2009/10/egov_overview.jpg&imgrefurlhttp://farm3.static.flickr.com/2088/2359896942_b3fc145e9a.jpg%3Fv%3D0&imgrefurhttp://megasilver.files.wordpress.com/2009/09/dgzakus5b65d.jpg&imgrefurlhttp://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-http://www.cmswire.com/cms/enterprise-cms/open-text-goes-for-sizzling-experiences-with-vizible-acquisition-http://sandiegoweddingcoop.wordpress.com/&usg=__xq3KccNuxHhO6hhmsd-http://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4syipeQG-http://www.portsmouthwater.co.uk/customer_services/default.aspx%3Fid%3D1826&usg=__2ma4syipeQG-http://www.deloitte.com/view/en_US/us/Industries/technology/1752cd53e2432210VgnVCM100000ba42fhttp://www.spillerconsulting.com/&usg=__s_4M8OpyGgCNhmRqjHEXFvIhttp://www.coreideas.com.au/wp-content/innovation.jpg&imgrefurlhttp://www.smh.com.au/news/business/the-big-takeovers-of-2005/2005/12/23/1135032184310.htmlhttp://www.smh.com.au/news/business/the-big-takeovers-of-2005/2005/12/23/1135032184310.htmlhttp://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&aq=f&aqi=g10http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+rises+against+the+wind&aq=f&aqi=&aql=&oq=http://www.google.com.au/images?um=1&hl=en&biw=1366&bih=667&tbs=isch:1&sa=1&q=kite+rises+against+the+wind&aq=f&aqi=&aql=&oq=http://commons.wikimedia.org/wiki/File:Working_Together_Teamwork_Puzzle_Concept.jpg
  • 7/31/2019 CEO Speech With Slides

    41/41

    ASSESSMENT ITEM TWO

    ANNOUNCING THE TAKEOVER OF BLUE TORCH ENTERTAINMENT BY LJR MEDIA INC.

    Lachlan Ross: USER ID-S2790712; OUA ID - 336194