Kay Koplovitz is the Founder of USA Network and the visionary who created the business model for cable networks by introducing the concept of two revenue streams – licensing and advertising. When she founded USA Network under the banner of Madison Square Garden Sports in 1977 she was the first woman to head a television network.
As a visionary of what sports television would become, Ms. Koplovitz launched major professional and collegiate sports on cable television by negotiating the first contracts and creating first cable coverage for Major League Baseball, the National Basketball Association, the National Hockey League, the Masters from Augusta Georgia, the US Tennis Open and a collection of NCAA conference sporting events. She led USA Network to first place in cable prime time ratings and it remained there for 14 years. In 1992, she launched the Sci-Fi Channel (now The Syfy Channel) which has become a top ten rated cable network known for innovative drama and mini-series.In 1994, she launched USA Networks International, including The Sci-Fi Channel into 60 countries worldwide.
In 1998, President Clinton appointed Kay Koplovitz to chair the bipartisan National Women’s Business Council. She used this platform to launch Springboard Enterprises, in a move to get women entrepreneurs to “think big” about their growth companies and to raise venture capital to fund them. Springboard Enterprises, her shared vision with co-founder Amy Millman, selects, trains and presents women-led companies to raise venture capital. Springboard is creating a national human capital network and has become the premier platform for women entrepreneurs, investors, and industry experts meet to build great women-led businesses. In 2001, Ms. Koplovitz co-founded Boldcap Ventures, a venture fund backed exclusively by high net worth women seeking to grow their portfolios with early stage investments. Boldcap invests principally in the media, technology, and healthcare sectors.
Kay Koplovitz, one of today’s leading women in business, is the author of Bold Women,Big Ideas (2002), which she wrote to inform and inspire women entrepreneurs to create wealth through equity. She is a sought after motivational speaker on subjects ranging from women’s leadership, women’s entrepreneurship, capital formation, creating a human capital ecosystem, to emerging media and management.
An experienced public board member, Ms. Koplovitz is currently the Chairman of the Board of Fifth & Pacific Companies (Formerly Liz Claiborne) and a board member of CA Technologies and ION media.. She has served on the boards of Instinet, Oracle, Nabisco, and General Re.