Freedom Communications â American ... - Freedom Intranet
Freedom Communications â American ... - Freedom Intranet
Freedom Communications â American ... - Freedom Intranet
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<strong>Freedom</strong> <strong>Communications</strong> — <strong>American</strong> Executive Spotlight<br />
http://www.redcoatpublishing.com/spotlights/sl_04_06_freedomcomm.asp<br />
04/04/2006 10:14 AM<br />
Page 1 of 3<br />
<strong>Freedom</strong> <strong>Communications</strong><br />
concerns.<br />
Scott Flanders discusses how focusing on<br />
individual liberties is keeping his company on<br />
track. Amanda Barber reports.<br />
In the age of on-demand information, picking<br />
up a local newspaper is not necessarily the<br />
best way to get a news update. So it’s<br />
understandable that remaining relevant is at the<br />
forefront of the print media industry’s<br />
Lately, many in the print media are shifting focus toward other<br />
media. But for Scott Flanders, the newly appointed president and<br />
CEO of <strong>Freedom</strong> <strong>Communications</strong>, Inc., the fourteenth largest<br />
media company in the US, the idea of turning away from print<br />
media has never crossed his mind.<br />
“Nationwide, the newspaper industry is losing circulation,” said<br />
Flanders. “We’re choosing not to participate in that trend. We are<br />
going to modify, redesign, and re-edit our existing print products to<br />
ensure that we are gaining total circulation in our markets.”<br />
With more than 20 years of experience in the media business,<br />
Flanders has a variety of specific ideas on how to carry his<br />
company to the top. As he looks to expand the company’s printmedia<br />
empire, the most important one is adhering to the core<br />
beliefs of <strong>Freedom</strong>’s founding father, R.C. Hoilies—respect for<br />
individual freedom, liberty, and integrity.<br />
“We believe in a personal responsibility,” said Flanders. “We keep<br />
that as a core corporate principal.” Already labeled a trusted local<br />
authority for news and information in the Texas, California, North<br />
Carolina, and Northwest Florida markets, Flanders believes the<br />
company’s libertarian values are an added bonus to any company<br />
willing to participate in the <strong>Freedom</strong> ideology.<br />
“We provide a great deal of autonomy to our local publishers and<br />
general managers so they can lead their media properties to be<br />
responsive to their community,” he said. “We absolutely want to<br />
support the local brands.”<br />
As many small, local companies struggle to compete with<br />
nationwide publications, <strong>Freedom</strong> offers an umbrella of fiscal<br />
comfort without the restraints associated with a homogenized<br />
corporate dictatorship.<br />
“We don’t interfere with editorial independence and are committed<br />
to private ownership,” said Flanders. “We do more than just bring
<strong>Freedom</strong> <strong>Communications</strong> — <strong>American</strong> Executive Spotlight<br />
http://www.redcoatpublishing.com/spotlights/sl_04_06_freedomcomm.asp<br />
04/04/2006 10:14 AM<br />
Page 2 of 3<br />
to private ownership,” said Flanders. “We do more than just bring<br />
money to the table. We bring the ability to have the legacy of a<br />
local media company preserved under our umbrella.”<br />
Past and present<br />
Although newspapers have traditionally taken one-size-fits-all<br />
approach, Flanders believes the future of newspapers is in<br />
segmentation. He sees an increasing need to have customized<br />
newspapers based on household demographics such as age,<br />
economics, and language. One of the company’s first ventures into<br />
this philosophy has started to pay off.<br />
“Our La Frontera Spanish-language newspaper in Texas turned a<br />
profit in January for the first time,” said Flanders. “We’ve been<br />
investing at a prudent pace over the past couple of years, and our<br />
Spanish products are starting to turn a profit.”<br />
He attributes this success to his company’s ability to build off of<br />
its core strength. These local innovations use the existing printing<br />
press as well as focusing on <strong>Freedom</strong>’s ideology on personal<br />
ownership and community involvement.<br />
“Our publishers get rated every year on their stewardship in their<br />
communities,” said Flanders. “We rank them against their peers in<br />
a number of categories, but the most important is that one.”<br />
The space between<br />
Along with his plans for segmentation and diversification for the<br />
company’s print media, Flanders intends to invest in the<br />
company’s interactive space and beef up online revenues. He<br />
believes that by coupling print media with Internet development,<br />
<strong>Freedom</strong> will be able to keep its head above water—and possibly<br />
gain some ground.<br />
“I am increasing our focus on print innovation as well as our<br />
online efforts,” he said. “We are putting more investment against<br />
both of those initiatives, and the early results are favorable.”<br />
The company’s online revenues are currently at 3% of total<br />
revenue. Flanders plans to get that figure up to 10% quickly, with<br />
a goal of achieving $100 million of interactive revenue in three<br />
years. With advertising as the company’s primary revenue source,<br />
Flanders knows that by maintaining relevance in local print media,<br />
local online media will also flourish. The company already spends<br />
around $20 million on IT, not including its Internet efforts.<br />
“We have URLs beyond our newspaper brands,” he said. “For<br />
example, in Colorado Springs, we have Coloradosprings.com. A<br />
lot of visitors to Colorado Springs don’t know the local<br />
newspaper, and when they search for Coloradosprings.com, there<br />
we are.”<br />
The company is currently recruiting for a president of its<br />
interactive development. Flanders said he wants to bring someone<br />
in with a diversified media background to support <strong>Freedom</strong>’s<br />
efforts. “It will enable us to consolidate our efforts and leverage<br />
the scale we have as a billion-dollar company,” he said.<br />
Rules and regulations<br />
With such an enlightened point of view regarding company policy,<br />
it is interesting to hear Flanders’ views surrounding governmental<br />
regulations. With five CBS and three ABC affiliates to manage,<br />
Flanders has a definite opinion about federal regulation.
<strong>Freedom</strong> <strong>Communications</strong> — <strong>American</strong> Executive Spotlight<br />
http://www.redcoatpublishing.com/spotlights/sl_04_06_freedomcomm.asp<br />
04/04/2006 10:14 AM<br />
Page 3 of 3<br />
Flanders has a definite opinion about federal regulation.<br />
“I believe that the cross-ownership rules and the duopoly rules of<br />
the FCC are antiquated,” he said. “I believe that government<br />
should take a minimalist approach to restraint on trade and<br />
corporate activity. The free market is best at sorting out those<br />
issues.”<br />
Although the First Amendment protects <strong>Freedom</strong>’s newspapers, its<br />
television stations are licensed by the FCC. There are many<br />
restrictions and requirements on programming choices, but<br />
Flanders said this is something they have learned to live with. As<br />
with most issues surrounding his business, he keeps a positive<br />
outlook.<br />
“With so many other sources of news, information, and<br />
entertainment that you can acquire from home, those crossownership<br />
and duopoly rules need to be reevaluated,” he said.<br />
“They need to be careful and not to react precipitously, but the<br />
FCC appears to be headed in the right direction.” The same could<br />
be said for <strong>Freedom</strong> <strong>Communications</strong>.<br />
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