LG Electronics

Business Development Manager, MS Content & Services

LG Electronics$130K — $155K *
Media
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 8 years of progressive experience in OTT content and business development; MBA preferred
  • Direct experience with TV, movies/film, sports, or music/ audio preferred
  • Strong understanding of content and media distribution ecosystems
  • Expertise in negotiating contract terms and partnership agreements
  • Excellent presentation skills for diverse stakeholders
  • Experience in drafting business agreements and negotiation processes

Responsibilities

  • Negotiate and finalize agreements with major entertainment companies for LG devices
  • Manage the rollout of premium applications on LG devices
  • Coordinate with advertising partners to integrate inventory into LG Channels
  • Prepare quarterly revenue reports for executives and partners to boost revenue growth
  • Lead a cross-functional team to drive content initiatives
  • Facilitate discussions with business partners during quarterly reviews
  • Negotiate terms for transactional video on demand distribution on LG Smart TVs

Benefits

  • Comprehensive medical, dental, vision, and prescription benefits with no-cost premiums for eligible dependents
  • Immediate vesting and competitive matching contributions in a 401(k) with multiple investment options
  • Generous Paid Time Off including holidays, sick leave, and vacation time
  • Performance-based short-term incentives based on role
  • Access to confidential mental health resources and personal fitness incentives
  • Family-oriented benefits, including paid parental leave and support for children with special needs
  • Group rate life and disability insurance
Full Job Description
Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone.

The Opportunity
As a Manager, Content Business Development you will maintain, establish, and expand business relationships with a wide variety of North America-based content, media, and entertainment companies to integrate and distribute their services on our products. To be successful in this role, you will negotiate multiyear partnerships for distribution on our Smart TVs. Which include our advertising video on demand service "LG Channels", our app store called "LG Smart World", and our "ThinQ" artificial intelligence platform. As a key member of a high performing team, you will be able to influence content related innovations to integrate into our webOS Smart TV operating system.
What You'll Do
  • Negotiate and execute agreements with major entertainment companies to present their service on LG devices
  • Manage the launch of the premium applications on LG devices
  • Negotiate, coordinate, and advertise inventory from advertising-based content for integration into LG Channels
  • Provide quarterly revenue review reports to executives and major partners to drive revenue growth
  • Manage and lead a cross functional team
  • Lead discussions on business, marketing, and technical with business partners during quarterly business reviews
  • Negotiate business terms for transactional video on demand distribution on LG Smart TVs

Desired Education And Experience
  • Bachelor's degree with 8 years of advanced and progressive skills in over the top (OTT) content, business development focused on negotiating content distribution deals; MBA preferred
  • Strong preference for direct experience with at least two of the following content categories: TV, movies/film, sports, music/audio
  • Knowledge and experience negotiating contract terms for the partnership
  • Knowledge of content and media distribution ecosystem preferred
  • Strong presentation skills for internal and external stakeholders
  • Contract, negotiation, and drafting experience preferred


Recruiting Range

$130,000-$155,000 USD

Benefits Offered Full-Time Employees:
  • No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
  • Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
  • Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
  • Performance based Short-Term Incentives (varies by role).
  • Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
  • Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
  • Group Rate Life and Disability Insurance.

Benefits Offered Temporary/Contractors:
  • Eligible for the relevant benefit programs offered through our partner agencies.

Privacy Notice to California Applicants

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.

About LG Electronics

LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of the LG Corporation, the fourth-largest chaebol in South Korea, and its global sales reached US$55.91 billion in 2014. It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics acquired Zenith in 1995 and controls 37.9 percent of LG Display as of 2013. Since 2008, LG Electronics remains the world's fourth-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.
Learn more about LG Electronics

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