Word: bigs
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Dates: during 1990-1999
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These aren't big-ticket items, and the shoppers are incredibly cost-conscious. (Wouldn't you be if your disposable income came from babysitting twice a week?) But Internet entrepreneurs and marketers are attracted to the potential of the teen consumer: teens control or influence $457.9 billion in consumer spending a year, and 81% of those ages 13 to 18 say they have used the Internet, making teens the most wired generation ever...
...thing that has fascinated and puzzled us is the fact that people don't seem to like this finding. I'm not sure what that's about," he says. "Stepfamilies are conflictual. Everyone who studies them knows that. But there's a widespread feeling that somehow to make too big a deal of it or to talk about that too much is exacerbating their problems instead of helping them." Still, he holds his ground. "Single parents might do well to be aware that there are a lot of risks in step relationships, and they should assess new partners in part...
...announced that it would pay $105 million to buy the Globe, the third biggest. The deal would also give American Media ownership of other Globe titles, including the Sun and the National Examiner, putting nearly all of America's tabloid gossip under one corporate umbrella. This raises big journalistic issues: Are the heady days when the tabs fought for JonBenet Ramsey and Prince William exclusives about to end in polite cooperation? Will tabloid journalism ever be guilty fun again...
David Pecker, the former chief of Hachette Filipacchi (Elle, George) who became president and CEO of American Media in May, vows that the Globe acquisition will actually lead to a greater diversity among the big three tabloids. After he and his partners, including ex-Deputy Treasury Secretary Roger Altman, bought American Media for $850 million, Pecker cast a cold eye on his new possessions, which had been losing circulation for five years. (The Enquirer, the Star and their wacky sibling, Weekly World News, sell a combined 4.4 million copies weekly, down 35% since 1994.) One reason, he contends, is that...
What then are Pecker's plans for the Globe, given its reputation as the naughtiest and most ethically challenged of the big three tabloids? (It was the Globe that set up Frank Gifford's hotel tryst with a former airline attendant, prompting a censorious New York Times op-ed piece by Enquirer editor Steve Coz.) Pecker says the Globe will "absolutely not" pull such a stunt again. Still, he says, "we're going to cover the spice and the controversy of the story. It's going to really be, shall I say, the unvarnished story...