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...empire [Feb. 20]. But did TIME's reporters walk out of the Googleplex, the company's headquarters in Mountain View, Calif., really understanding why Google is so successful? Google's triumph lies in its enormous user base. Growing that base to infinity plus one is far more important than ad revenues. Once you have the most wanted product in the universe, you have a googol (1 followed by 100 zeros) possible ways to make money...
...this distribution cafeteria will turn into a viable business with real profits. In traditional broadcasting, networks make money by charging advertisers for commercial space--an effective and time-tested financial model. With the $1.99 downloads, nets stand to make about $1.39--compared with 44˘ per household typically earned from ads on an hour-long drama. But new-media ventures are still in their nascent stages. NBC estimates it will make $10 million from iTunes downloads in 2006--an amount equal to ad sales from one Thursday prime-time lineup...
...know what the right business models are," admits Fox Digital Media president Peter Levinsohn. "There's a $1.99 sell-through model, subscription models we would like to explore and rental models that probably make sense. On some levels, an ad-supported model can be most effective. Hopefully, a single model will settle in over the next months." But for Beth Comstock, president of digital media and market development at NBC Universal, flexibility is essential. "The imperative is speed," she says. "You have to be nimble. Every network has to be ready to move where the technology goes...
...affaire Shleifer (from which he recused himself). And his favoring some academic departments over others—have Harvard’s administrators ever preferred one branch of learning to another? For the answer, divide $250,000 by $85, vide supra. And his active participation on ad hoc committees. Didn’t he understand the use of the rubber stamp? And he locked horns with a dean, which is also, provided one steadfastly refuses to consult precedents, without precedent...
...most common argument I’ve heard against Mahtani’s comment simply doesn’t hold water. Everybody I’ve talked to agrees: Mahtani may be right, but he should have stuck to critiquing Dewey’s ideas rather than resorting to ad hominem attacks. But they have it wrong; Mahtani’s criticism wasn’t an ad hominem attack. It was based entirely on beliefs that Dewey has publicly advocated. Mahtani just pointed out that Dewey’s public comments are radical, misguided and a bit nuts. This...