Kay Koplovitz

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Kay Smith
Born (1945-04-11) April 11, 1945 (age 79)
Milwaukee, Wisconsin, US
NationalityAmerican
Alma materUniversity of Wisconsin–Madison and Michigan State University
Occupation(s)Co-Founder and Chairman of Springboard Enterprises and Springboard Growth Capital

Kay Koplovitz (nee Smith, born April 11, 1945

licensing model, which became widespread among cable television networks.[2][3]

Early life and education

Kay Koplovitz was born as Kay Smith in a middle-class neighborhood of

Milwaukee, Wisconsin
, her mom worked in the home, and her father was a sales executive for a metal forging company. As a young child Koplovitz would always be looking for ways to make money, having an early affinity for salesmanship, her entrepreneurial spirt was being crafted, from selling Christmas cards to Girl Scout cookies, Koplovitz loved making ideas work, making money and being able to buy things she wanted.

Koplovitz graduated from the University of Wisconsin–Madison with a B.A. in communications and earned a master's degree in communications from Michigan State University.[3]

Between her junior and senior year Koplovitz visited England, and while on her travels saw a poster advertising a lecture on geosynchronous orbiting satellites. The then twenty year old Koplovitz was fascinated by the lecture, and later she wrote her masters thesis on satellite communications and the potential impact on governments, people, and communications.[4]

Career

USA Networks

In 1975 Koplovitz joined

viewership for 13 consecutive years[when?].[10] The USA Network was the first cable network to rely greatly on advertising revenue.[11] Despite creating and supervising the network, Koplovitz did not own it, but remained its President during ownership changes.[12][13][14][15][11] Under Koplovitz's leadership, the USA Network was the number one ranking cable network in primetime broadcasting[when?].[5]

Under her leadership, the

WWF from USA Network in May 1998, being averted,[11][16] with Diller also cutting $40 million from the network's budget.[11]

Springboard Enterprises, Springboard Growth Capital, New York Fashion Tech Lab Koplovitz & Company

In 1998, President Bill Clinton appointed Koplovitz to chair the bipartisan National Women's Business Council.[19] This helped create a platform for her to co-found Springboard Enterprises in 2000. Springboard is a non-profit organization fostering venture capital investments in women-led high growth companies and has created about $36 billion in revenue,[20] created over 10,000 jobs[citation needed] and has accelerated the growth of 850+ women led businesses since its inception.[20]

Koplovitz also serves as head of the New York Fashion Tech Lab,[21] which she co-founded in 2014 in hopes of bringing promising technology companies in collaboration with the fashion and retail industry.[22]

In 2016,[23] she co-founded Springboard Growth Capital to bring growth stage investments to technology and life sciences companies emerging from Springboard Enterprises.[21]

In 1998, Koplovitz & Company LLC was established to provide advisory services to entertainment companies, sports organizations, advertisers and distributors. It advises companies on growth strategies and the firm makes investments in early and mid-stage companies in media and technology.[24]

Board memberships

In addition to her role as Chairman of both Springboard Enterprises and Springboard Growth Capital, Koplovitz also currently serves on the board at Athena Technology Acquisition Corp-SPAC and Athena Consumer Acquisition Corp, both part of Athena SPACs, Accenture Ventures and at Veniam.

General Re,[19]
Sun New Media and a trustee emeritus of The Paley Center for Media and The International Hall of Fame.

In April 2014, Koplovitz joined the 10-member board of

WarnerMedia, LLC).[25] She remained on the board until Time Inc. was acquired by the Meredith Corporation (now Dotdash Meredith) in 2018.[2]

Awards and honors

Koplovitz holds

Canisius College.[26]

Other honors and awards she has received include:

Personal life

Kay Koplovitz is married to private investor William C. Koplovitz, Jr.[28]

References

  1. ISBN 978-0446523691
    .
  2. ^ a b c "Boards & Governance". Koplovitz.com. Retrieved April 5, 2022.
  3. ^ a b c d e "Kay Koplovitz". Bloomberg Link. Archived from the original on 23 June 2013. Retrieved 10 July 2013.
  4. ^ Interview with world's most successful female entrepreneur, Kay Koplovitz, retrieved 2023-01-04
  5. ^ a b c Foley, Ellen (December 5, 2012). "Kay Koplovitz '67". Wisconsin Alumni Association. Retrieved May 9, 2022.
  6. ^ New York Women In Film & Television Collection (May 3, 2006). "Kay Koplovitz". Television Academy Foundation. Retrieved May 9, 2022.
  7. ^ Craig Leddy (2015-09-28). "The Fight That Helped Cable Take Flight". Multichannel News. Retrieved 2023-01-04.
  8. ^ Interview with world's most successful female entrepreneur, Kay Koplovitz, retrieved 2023-01-04
  9. ^ Koplovitz, Kay (January 5, 2015). "The USA Story". Koplovitz.com. Retrieved 2 November 2019.
  10. ^ a b c "Kay Koplovitz Bio". Alliance of Women Entrepreneurs. Archived from the original on 2016-03-04. Retrieved 11 July 2013.
  11. ^ a b c d e f g Hofmeister, Sallie (April 10, 1998). "USA Networks CEO Kay Koplovitz Resigns". Los Angeles Times. Retrieved April 5, 2022.
  12. ^ Brown, Les (7 April 1978). "Garden Cable Network Is Going Beyond Sports". The New York Times. Retrieved 5 April 2022.
  13. ^ "Madison Square Garden and UA- Columbia merge cable efforts" (PDF). Broadcasting Magazine. April 14, 1980. p. 130. Retrieved 5 April 2022.
  14. ^ "In Brief" (PDF). Broadcasting Magazine. October 19, 1981. p. 88. Retrieved 5 April 2022.
  15. ^ "Time to buy all or half of USA Network" (PDF). Broadcasting Magazine. August 31, 1981. p. 24. Retrieved 5 April 2022.
  16. ^
    ISBN 9780307758132
    . Retrieved April 15, 2022.
  17. ^ Salmans, Sandra (August 28, 1983). "Barry Diller's Latest Starring Role". New York Times. Retrieved April 5, 2022.
  18. ^ "USA Network founder quits". CNN Money. April 9, 1998. Retrieved April 5, 2022.
  19. ^ a b c "About Kay". Koplovitz.com. Retrieved 11 July 2013.
  20. ^ a b "Helping women lead and succeed". Springboard Enterprises. Retrieved 27 July 2022.
  21. ^ a b "Team". springboardgrowthcapital.com. Retrieved 27 July 2022.
  22. ^ "Kay Koplovitz". New York Fashion Tech Lab. Retrieved 27 July 2022.
  23. ^ "Springboard Growth Capital". springboardgrowthcapital.com. Retrieved 27 July 2022.
  24. ^ "Koplovitz & Co". Koplovitz.com. Retrieved 11 July 2013.
  25. ^ Trachtenberg, Jeffrey. "Time Warner Unveils Time Inc.'s 10-Member Board". Dow Jones Business News. Retrieved 20 May 2014.
  26. ^ "Speakers". WE Summit. Archived from the original on 14 October 2013. Retrieved 11 July 2013.
  27. ^ Wendy Diamond. "Women's Entrepreneurship Day Organization Pioneer Awards 2016 Winners". WED. Retrieved July 5, 2018.
  28. ^ a b "Kay Koplovitz Biography (1945– )". Film Reference. Retrieved 10 July 2013.
  29. ^ Gross, Elana Lyn; Voytko, Lisette; McGrath, Maggie (2021-06-02). "The New Golden Age". Forbes. Retrieved 2021-06-02.

External links

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