Word: behemoths
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Dates: during 2000-2009
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...that discussion that led to last week's audacious partnership between Napster, the 18-month-old music swap shop that has spawned a following of 38 million file-sharing enthusiasts, and Bertelsmann, the German behemoth that began 150 years ago as a religious-hymnal publisher. No matter how it benefits (or maybe damages) both sides, the deal vaults the global entertainment industry into a new arena, where the game will be played by the freewheeling rules of the Internet, not the dictates of a handful of media barons. "Peer-to-peer file sharing is the future of media distribution," says...
...will be well trained and whip smart. Be he won't be Welch. Few CEOs have had any luck running conglomerates in the past decade, and no one else running an industrial behemoth like GE will get the Welch premium. It will erode, and the stock will lose some magic. On top of that, Welch's successor faces the daunting challenge of converting Honeywell's slower-growing businesses into the kind that expand 20% a year, as GE does...
...from settled. As tech marches on, some of AT&T's businesses will thrive; others will be left behind. The strategy, apparently, is to hedge one's bets with investors - investors who these days are more selective than ever with their tech buys and fully willing to punish a behemoth that might just be too big to keep up with unpredictable times...
...indie band 'The Humming' into the realm of the album, then I must admit to over-romanticizing what turned out to be an extremely laborious process. Not that we didn't enjoy every living second of it, but, behind the scenes, the rock'n'roll LP is a behemoth and lumbering project. There are three main phases of the process: pre-production, studio time and post-production. Pre-production consists of everything that has to happen before the band enters the studio. It is the hypothesis of the experiment, the research and development stage; it dares to ask, "what studio...
Congress helped set off the deal-making avalanche last year by doing away with the Glass-Steagall Act, a Depression-era law that made it illegal for commercial banks to underwrite stocks, bonds and insurance. That removed obstacles to the merger of Travelers Group, an insurance and brokerage behemoth, with Citicorp, one of the nation's largest banking companies...