Word: 90s
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...such as Clear Channel and Infinity (part of Viacom) have taken advantage of deregulation to buy hundreds of stations with the idea of bringing scale--and higher ad prices--to the airwaves. For a while it worked, as industry revenues rose at a double-digit clip during the late '90s ad boom and stations racked up profits thanks to cost cutting. But for listeners, that consolidation brought homogeneity, as corporate playlists suffocated local jocks, and ever more ads were jammed into each hour...
Vargas Llosa’s expertise shines through most clearly in his section on the privatizations of the 1980s and 90s, in which he effectively highlights how the process served to enrich a new elite by transferring state monopolies while doing little to increase competition...
...during the 1980s and ’90s, he said, new sources of competition threatened the networks’ dominance in the market. He said the rise of cable has given people more choice in what they consume, “literally putting control in the hands of the viewer,” and the Internet has merely continued that revolution...
...hope backwater. Today, Malaysia has raced far ahead of Vietnam, which is still hobbled by corruption, bureaucracy and ugly politics. Vietnam lost a generation of progress because it did not spawn leaders like Malaysia's Mahathir Mohamad to set the country's economic course in the '80s and '90s...
...with bigger, faster wheels and interchangeable parts to customize the look and feel of your skates, while Rollerblade is celebrating its 25th anniversary this year with a streamlined new model featuring a single cord that pulls tight without the need for lacing (see inset). Aero 90s ($289) also have more shock-absorbent soles, an antibacterial foot bed and a formfitting lining so your feet don't sweat so much. Tip: If you're a beginner, stick to smaller wheels for safer skating...