Word: buyer
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Beleaguered by management problems and several flopped prime-time seasons, the network was looking for another source of financing for a scripted series. Enter MindShare, a media buyer that wanted to move its advertising clients inside the creative process by producing and underwriting the costs of a new show. It seemed a match made in media heaven. But there were concerns: What if ABC wanted to cancel the show? And how much commercial airtime could the network retain to sell to other advertisers during the program? Network executives also worried that audiences would be turned off if the show seemed...
...soon as the price jumps--or they want the company to be valued as highly as longtime rival Yahoo (which currently beats Google in total profits, as well as quarterly growth). "Either way," says Mark Mahaney, San Francisco analyst for American Technology Research, "this is a real case of Buyer, beware...
...longtime rival Yahoo, or they're trying to scare away one-day profiteers. "Either way," says Mark Mahaney, analyst for American Technology Research, "this is a real case of buyer beware." Not that there's much up for grabs. Only 9% of Google shares are being made available, and each of those will have one-tenth the voting rights of a share owned by Page or Brin, who are set to earn a one-day profit of up to $130 million each, and become billionaires - at least on paper. Who says the days of dotcom wealth are dead? Much...
OTHER PEOPLE'S MONEY. Enlist partners or use seller financing for a down payment, or gain control by assuming debt or through various options that allow you to tie up the property until you find a buyer...
SOLD. "BLACKIE," Eric Clapton's favorite guitar; to an undisclosed buyer; for a record $959,500; in New York. The legendary rocker auctioned the Fender Stratocaster, his sole studio and stage guitar from 1970 to 1985, along with 56 others, at a charity auction to raise money for the Crossroads Center Antigua, a drug and alcohol rehabilitation center in the West Indies...