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Kay Koplovitz
Every year, the Hauppauge
Industrial Association, which consists of over 1,100
companies throughout Long Island, hosts the HIA Trade
Show with the goal maximizing the economic health and
well being of all companies involved. At this years
event, the HIA Trade Show was privileged to have Kay
Koplovitz as their guest speaker. Ms. Koplovitz is a
phenomenal and immensely successful businesswomen
credited for founding the first advertising supported
basic cable network and the creation of broadcasting
networks such as USA and Sci-Fi channel.
Kay Koplovitz is best
described as a pioneer in cable television networks. She
became the first women network president in television
history when she founded the USA Networks (originally
known as the all sports Madison Square Garden network)
in 1977. During her time at USA Networks, Ms. Koplovitz
negotiated the first-ever cable television contracts for
major league sports rights with Major League Baseball,
The National Basketball Association, and the National
Hockey League. Her influence on the company was
unparalleled to anyone during her time, selling USA
Networks which started with an initial capitalization of
$600,000 for $4.5 billion twenty-one years later.
In 1998, Ms. Koplovitz was
appointed by President Clinton to chair the National
Women’s Business Council, which is the advisory board
for women-owned businesses. While on the Council, she
helped to create Springboard, a non-profit forum with
the purpose to connect women with venture capital.
During the first three years, Springboard raised over
one billion dollars. Most recently, Ms. Koplovitz wrote
a book entitled Bold Women, Big Ideas: Learning to
Play the High-Risk Entrepreneurial Game, which
describes her personal experience of wealth creation
through equity while also providing important business
insights.
Currently, Ms. Koplovitz
serves as a corporate board member on the Boards of Liz
Claiborne, Instinet and Sun New Media. Along with being
an avid public speaker, she also servers on non-profit
boards such as the New York City Partnership, The Museum
of Television and Radio, and The Central Park
Conservancy.
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