GREAT BOSSES WEAR PRADA, TOO. OXYGEN SURVEY REVEALS THAT WOMEN THINK WOMEN MAKE GOOD MANAGERS
The Majority of Women Tell Oxygen That Women Make Good Bosses
NEW YORK, June 30, 2006 -- On the eve of the release of the highly anticipated feature film The Devil Wears Prada, a new Oxygen survey reveals that the majority of women (70%) feel that women make good bosses. Almost half of the women surveyed (46%) also believe that female bosses understand work-life balance issues more than their male counterparts. Oxygen, the only television network owned and operated by women, recently held its 2nd annual Oxygen Mentors Walk in New York�s Central Park. The Devil Wears Prada star Meryl Streep participated as a mentor in the inaugural event in 2005.
Through Oxygen Mentors Walk, as well as the network�s ongoing pro-social initiative, Oxygen Mentors: Bringing Along The Next Generation, Oxygen is dedicated to inspiring and supporting aspiring business women through mentoring. Women are a powerful force in business today - 68 million strong and growing � they will account for a 55% increase in the labor force over the next decade. Women actively seek an alternative to the �Old Boys Network� - almost 50% say lack of access to informal networks holds them back from advancement and is among their top needs. Oxygen Mentors is creating �The New Girls Network.�
About Oxygen Media
Oxygen, the only cable network owned and operated by women, is currently available in over 68 million homes. The network was launched in 2000 to fill a void in the television landscape -- creating a network targeted to younger women. Oxygen is rewriting the rulebook for women's television, with vast array of unconventional and original programming including The Janice Dickinson Modeling Agency, Mo�Nique�s Fat Chance and Campus Ladies. Geraldine Laybourne, the network's founder, Chairman and CEO, has led the company to be a strong advocate for women. Through programs like The Mentor's Walk, Oxygen's national program for bringing along the next generation, and "Who Cares About Girls," Oxygen's new documentary series -- Oxygen is creating The New Girls Network.