Word: aol
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Dates: during 2000-2009
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...important factor, but retailers prefer performance-based deals--paying for "click-throughs" (portal visitors clicking on one of their links) and, in some cases, actual sales. "Back in the go-go days of the Internet, retailers would pay for the halo effect of being on a big portal like AOL," says David Bolotsky, who headed Goldman Sachs' U.S. retail group before launching UncommonGoods, an online and catalog gift shop, in 1999. "When they realized they were losing their shirts, there was a backlash." In the next phase, retailers started insisting on strict revenue-sharing deals. These days the pendulum...
...some size-14 hobnailed boots to fill. The brilliant but overbearing Zhu, 74, brought China into the World Trade Organization and hacked away for a decade at the stultifying vestiges of the command economy. For the world's most prominent businessmen, including Microsoft CEO Steve Ballmer and former AOL Time Warner CEO Jerry Levin, "Boss Zhu" was the man to see. Says Elizabeth Knup, managing director of consultancy Kamsky Associates in Beijing: "Americans found him simpatico, the least inscrutable of China's leaders...
...variety shows and propaganda classics broadcast on some 50 cable channels run mostly by the country's central and provincial governments. Nor is it the warmed-over Western cartoons and overseas dramas that are dubbed into Mandarin and recycled on the mainland by News Corp.'s main foreign competitor, AOL Time Warner (owner of TIME...
...year ago, the government relaxed a bit when it let Starry Sky and AOL Time Warner (through its China Entertainment Television, or CETV) become the first foreign broadcasters to deliver Mandarin-language entertainment channels legally over cable. That gave them access to ordinary Chinese viewers. But the government restricted them to China's toughest TV market: Guangdong province in southern China, where viewers prefer Cantonese-language programs available from Hong Kong. In January, Starry Sky also gained approval for satellite transmission to luxury hotels and expatriates' apartments nationwide?the same deal enjoyed by about 30 foreign-language channels. Even with...
...Starry Sky's main competitor, AOL Time Warner-owned CETV, plays safer. Instead of trying to create lots of new programming for China, it relies on imported favorites, such as Tom and Jerry cartoons, a British cooking program and dubbed series from Korea and Taiwan. AOL also plans to expose the Chinese to American politics?Hollywood-style?by broadcasting the Emmy Award-winning White House drama The West Wing to its Guangdong audience. "We're not hemming ourselves in by copying Western formats," says Steve Marcopoto, president of Turner International Asia-Pacific...