Exec VP & Deputy Group Head of Business Media, Hearst Corporation - Business Media
Steven A. Hobbs has served since 2008 as an executive vice president and deputy group head of Hearst Business Media, one of the fastest-growing operating groups at Hearst. Since 2014, he has also served as chief development officer of Hearst Business Media. He concentrates on acquisitions, international growth and expansion of the group’s various operating units, which span the automotive, electronics, financial and healthcare industries. At various times, he has also been responsible for management oversight of certain of the group’s operating units.
Hobbs is also a vice president of Hearst and, since 2004, has led Hearst Television Inc.’s retransmission consent negotiations with cable and satellite operators with respect to its 31 television stations, which reach approximately 18 percent of U.S. television households. In this role, Hobbs is responsible for growing Hearst Television’s second revenue stream.
From 2004 to 2008, Hobbs served as chief legal and development officer of Hearst-Argyle Television, Inc., the New York Stock Exchange listed predecessor of Hearst Television. At Hearst-Argyle, in addition to overseeing all aspects of its SEC compliance and day-to-day legal affairs, he focused on acquisitions and new digital online ventures.
Prior to joining Hearst, Hobbs was a partner for 10 years in the international law firm of Clifford Chance US LLP (formerly Rogers & Wells). He specialized in securities and mergers and acquisitions and held various management positions at that firm. He represented Hearst in numerous public and private merger and acquisition transactions, including for 18 of its television stations, daily newspapers in San Francisco, Houston, and San Antonio, and Seventeen and Veranda magazines.
Hobbs has served as a director of Internet Broadcasting Systems, Inc., Ripe Digital Entertainment, Inc., U.S. Digital Television, Inc., and as a member of the Management Committee of New England Cable News.
Hobbs received a bachelor’s degree in government and economics from Cornell University and a J.D. from Georgetown University Law Center.