(BBA, Fox Broadcasting)
Hey guys! It's Alyssa Fried. This past Wednesday was my last day at Fox. It was sad because obviously I don't want my internship to end and because two of my bosses were out of work, sick. However, we've been e-mailing and I know that we're going to keep in touch. This is one of the great things I am taking away from my internship at Fox. I have made so many connections in so many different departments in Fox Broadcasting.
I have learned so much at my internship with Fox, more than I ever could have hoped to have learned from a summer internship after my sophomore year. I learned about analysis of numbers, revenue analysis, planning sales, and what goes on before and after deals are made. Having my own projects to do, plus watching the other employees doing their projects helped me gain so much knowledge.
Another great thing that I am taking away from this internship is I am now extremely proficient in Excel. They taught me so many shortcuts, and after working on spreadsheets all day for six weeks, I feel like I know the ins and outs of Excel. I know this is going to be extremely useful for me in the future.
Something else that is going to be useful for me in the future is what they taught me about working with clients. They taught me that every client has their needs and requirements, and it is the company's job to fulfill them. One day I am going to use what they taught me to communicate with my clients and build client relations.
I think I showed my bosses my incredible work ethic and my desire to succeed. I think that I could have been a little less anxious about messing up and making mistakes, but looking back I think it was normal to be nervous in my first 'real' office job.
Now that my internship with Fox is over, I am going to be working for an accounting firm in New York City for three days a week. This accounting firm does the taxes for Broadway shows, so once again I will be working with the entertainment side of finance. I am very excited to see how this compares to my internship at Fox!
I hope everyone enjoys the rest of their internships and their summers!
Showing posts with label entertainment. Show all posts
Showing posts with label entertainment. Show all posts
Wednesday, July 7, 2010
Wednesday, June 23, 2010
Last Weeks at Fox
(BBA, Fox Broadcasting)
Hey, it's Alyssa Fried, and this is a sad post for me. I only have one week left as an intern at Fox. Although my internship was short, about only six or seven weeks in length, I learned more working for Fox Broadcasting than I have at any other job that I have held in the past.
This week I traveled to a local ad agency with interns who work for Fox Cable. Tuesday we learned about media buying and today (Wednesday) we learned about media planning. Both were extremely interesting, but I was most intrigued by the presentation on media buying. The buyer who was presenting discussed his company's strategies and what they expect from the cable networks that they are buying spots from. This was so interesting to me because this was the other side of all the deals I had been watching my supervisors make in the past weeks. It was great to see both sides of the deal and really understand what each side wants. I think it is beneficial to know what each side is looking for because both the advertiser and the cable network want very specific thing for their company. To have a greater understanding of both sides would be very beneficial for everyone.
I am now very interested in these aspects of business. As I discussed with my supervisor today, this can be an 'exciting' side to finance because it deals with television and entertainment. Not only do you have to be able to create extremely detailed excel spreadsheets with various calculations, but you also have to be very familiar with the television shows that you are selling commercial spots for. You have to know who is watching them, and what types of products should be advertised in the commercial breaks during these shows.
This week I also learned a lot about what sort of information Nielsen sends out, and how this information is important for Fox Broadcasting. What many people don't realize is that there is a lot that goes on behind deciding what commercials should be broadcast in each television show, and where they should be placed.
What I have observed about Fox Broadcasting is that although there are many divisions on my floor, and even parts of our division that are located in Detroit, Chicago, and Los Angeles, everyone is connected. Everyone works together between divisions to make successful deals for the company and the clients. People from the sales department go to the research department and the sales planning department, and the revenue analysis department and then go to the finance department in Los Angeles, and then it all comes back around. It seems seamless. Everyone has their individual job and part in putting on television what the consumer wants to see and potentially, buy.
This is an industry and a company that I can see myself working for in the future, and I am sad to see my internship end.
Hey, it's Alyssa Fried, and this is a sad post for me. I only have one week left as an intern at Fox. Although my internship was short, about only six or seven weeks in length, I learned more working for Fox Broadcasting than I have at any other job that I have held in the past.
This week I traveled to a local ad agency with interns who work for Fox Cable. Tuesday we learned about media buying and today (Wednesday) we learned about media planning. Both were extremely interesting, but I was most intrigued by the presentation on media buying. The buyer who was presenting discussed his company's strategies and what they expect from the cable networks that they are buying spots from. This was so interesting to me because this was the other side of all the deals I had been watching my supervisors make in the past weeks. It was great to see both sides of the deal and really understand what each side wants. I think it is beneficial to know what each side is looking for because both the advertiser and the cable network want very specific thing for their company. To have a greater understanding of both sides would be very beneficial for everyone.
I am now very interested in these aspects of business. As I discussed with my supervisor today, this can be an 'exciting' side to finance because it deals with television and entertainment. Not only do you have to be able to create extremely detailed excel spreadsheets with various calculations, but you also have to be very familiar with the television shows that you are selling commercial spots for. You have to know who is watching them, and what types of products should be advertised in the commercial breaks during these shows.
This week I also learned a lot about what sort of information Nielsen sends out, and how this information is important for Fox Broadcasting. What many people don't realize is that there is a lot that goes on behind deciding what commercials should be broadcast in each television show, and where they should be placed.
What I have observed about Fox Broadcasting is that although there are many divisions on my floor, and even parts of our division that are located in Detroit, Chicago, and Los Angeles, everyone is connected. Everyone works together between divisions to make successful deals for the company and the clients. People from the sales department go to the research department and the sales planning department, and the revenue analysis department and then go to the finance department in Los Angeles, and then it all comes back around. It seems seamless. Everyone has their individual job and part in putting on television what the consumer wants to see and potentially, buy.
This is an industry and a company that I can see myself working for in the future, and I am sad to see my internship end.
Wednesday, June 9, 2010
Sales Planning and Planning Sales
(BBA, Fox Broadcasting)
Hey it's Alyssa Fried! Last time I wrote I was still getting adjusted to being in the work place after a crazy few weeks of travel. Now that I am settled into my daily routine, everything is so much easier and I can focus fully on my internship. As the weeks have passed, I have found that I have finally got a routine down. I get on the train at 7:43 in Pleasantville, get off at Grand Central and walk the couple of blocks to 1211 Avenue of the Americas (or 47th and 6th). I ride the elevator to the twentieth floor and head right for my cubicle.
Although my cubicle is far from my supervisors and other people that I work with, at least one of them stops by my cubicle to check in and see how I am doing or if I have any questions. They are extremely helpful. There is an entire team of people who are so supportive and intent on teaching me the ways of their work. I have sat with every person while they did their work, and instead of getting annoyed by my presence, they have turned to me and explained every step of whatever they are doing. They encourage me to ask questions, and honestly I can say I have learned so much in these past three weeks.
My summer project is to help the Sales Planning and Revenue Analysis departments forecast revenues, analyze reports for optimal ways to make revenue, and enter estimates into report generating computer programs. One of the shows that I have been looking at is Glee. Last night, the finale aired, and according to Hollywood Insider, finished the year as the highest-rated season-ender for all freshman series! This is very exciting news. See here! http://hollywoodinsider.ew.com/2010/06/09/glee-finale-watched-by-nearly-11-million-viewers/
I love that this internship involves finance as well as entertainment, and I thoroughly enjoy doing my work and learning what my supervisors do. I'd say one of the hardest parts of the internship to date is getting my work done on time. It's not that I can't do the work, or it's too much to handle. It is that I am so nervous to make a mistake, and want all of work to be neat, perfect, and correct that I spend hours checking and rechecking. Everyone keeps telling me to take my time, but I can't help but feeling that I am not doing the projects fast enough. Hopefully I will become more confident in my work, and feel that I am attentive enough to not have to check my work 5-10 times. If all goes according to plan, I will be more confident in my work by the next post!
Hey it's Alyssa Fried! Last time I wrote I was still getting adjusted to being in the work place after a crazy few weeks of travel. Now that I am settled into my daily routine, everything is so much easier and I can focus fully on my internship. As the weeks have passed, I have found that I have finally got a routine down. I get on the train at 7:43 in Pleasantville, get off at Grand Central and walk the couple of blocks to 1211 Avenue of the Americas (or 47th and 6th). I ride the elevator to the twentieth floor and head right for my cubicle.
Although my cubicle is far from my supervisors and other people that I work with, at least one of them stops by my cubicle to check in and see how I am doing or if I have any questions. They are extremely helpful. There is an entire team of people who are so supportive and intent on teaching me the ways of their work. I have sat with every person while they did their work, and instead of getting annoyed by my presence, they have turned to me and explained every step of whatever they are doing. They encourage me to ask questions, and honestly I can say I have learned so much in these past three weeks.
My summer project is to help the Sales Planning and Revenue Analysis departments forecast revenues, analyze reports for optimal ways to make revenue, and enter estimates into report generating computer programs. One of the shows that I have been looking at is Glee. Last night, the finale aired, and according to Hollywood Insider, finished the year as the highest-rated season-ender for all freshman series! This is very exciting news. See here! http://hollywoodinsider.ew.com/2010/06/09/glee-finale-watched-by-nearly-11-million-viewers/
I love that this internship involves finance as well as entertainment, and I thoroughly enjoy doing my work and learning what my supervisors do. I'd say one of the hardest parts of the internship to date is getting my work done on time. It's not that I can't do the work, or it's too much to handle. It is that I am so nervous to make a mistake, and want all of work to be neat, perfect, and correct that I spend hours checking and rechecking. Everyone keeps telling me to take my time, but I can't help but feeling that I am not doing the projects fast enough. Hopefully I will become more confident in my work, and feel that I am attentive enough to not have to check my work 5-10 times. If all goes according to plan, I will be more confident in my work by the next post!
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