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...That last comment was interpreted by several analysts as a reference to News Corp.'s purchase of MySpace.com, a deal that Viacom was seen as having missed. Though Redstone was equally impatient with Viacom's lagging stock price, which is down 10% this year - compared to sister company CBS, which is up more than 10% - his muscle-flexing didn't immediately cheer investors. Just after the announcement, Merrill Lynch's Jessica Reif Cohen, an influential entertainment industry research analyst , issued a critical report downgrading her rating on Viacom to "neutral" from "buy" because she said "significant uncertainty" remains about...

Author: /time Magazine | Title: Redstone Tightens His Grip | 9/5/2006 | See Source »

...that London Lite has been three years in the making. Regardless, both papers now have the tricky task of luring advertisers. Deprived of an income from newsstand sales, both free sheets are at the mercy of an advertising market that's "not in great shape," says Alex DeGroote, media analyst at London stockbrokers Panmure Gordon. British papers' share of overall British ad spending is expected to drop to 34% this year, down from 40% 10 years ago. But there are bright spots: free from the heavy reliance on classified ads that the Internet is poaching from regional titles, Associated...

Author: /time Magazine | Title: Where Free's a Crowd | 9/3/2006 | See Source »

...some retail-industry watchers say it may need to get more aggressive. To win customers in the U.S., Esprit has to spend more on splashy marketing to create new buzz around the brand, they say. "Word of mouth takes a long time to spread," says Marshal Cohen, a retail analyst at market-research firm NPD Group. "They've got to do more than open doors. This isn't the Field of Dreams." Meanwhile, analysts complain, the brand still fails to resonate, especially with younger consumers who don't remember Esprit. Says retail analyst Emanuel Weintraub: "For young people, Esprit might...

Author: /time Magazine | Title: Global Players: Esprit Comes Home | 9/3/2006 | See Source »

...turnaround could go a long way toward helping Esprit maintain its frenetic pace. "Because growth rates have started to slow down, they need to get into bigger markets where their penetration is low," says Macquarie retail analyst Ramiz Chelat in Hong Kong. Hello, U.S.A. By 2002, sales had fallen to $150 million, from $700 million in 1987, according to Macquarie. Krogner got control of Esprit's American business when Ying bought the U.S. trademark in 2002. (The company is now publicly traded; Ying owned 15.8% as of the end of 2005.) As part of the acquisition, Krogner forced a shutdown...

Author: /time Magazine | Title: Global Players: Esprit Comes Home | 9/3/2006 | See Source »

...defense of Harris's performance, Susan MacManus, political professor and analyst from the University of South Florida in Tampa, notes that Harris has labored under the stress of her father's death, surgery for an ovarian mass, the undermining by her own party and a certain amount of political sexism...

Author: /time Magazine | Title: Katherine Harris' Comedy of Errors | 9/2/2006 | See Source »

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