Word: channelized
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Perhaps the only slogan more grating than NBC's arrogant "Must See TV" is NBC's patronizing "It's New to You." There was a very good reason why we missed Caroline's mother's visit to the city the first time around, thank you. So the cable channels, aware of the networks' prehistoric insistence on shutting down for the summer, use these months for their hype: HBO's Sex and the City (now), Showtime's Lolita (Aug. 2), the Discovery Channel's Shark Week (Aug. 9-16) and the Learning Channel's latest swimsuit documentary, Beauty and the Beach...
...million homes (about a third of all U.S. households), were mostly a year or more away from the upgrades needed to carry two-way phone traffic. Or even that Malone's record as a visionary was far from shining--witness the collapse of his dream for a 500-channel universe, or the demise of his 1993 agreement to merge with Bell Atlantic. Mike Armstrong was looking...
...will run as chairman and CEO. The unit will issue a separate "tracking stock" that will let investors place bets on the consumer-related businesses of the new AT&T. A similar tracking stock already exists for Liberty Media, TCI's cable-programming arm, whose holdings include the Discovery Channel and Black Entertainment Television. Malone, 57, who controls 86% of the Liberty stock, will continue to run that company after the merger but will leave...
...post another loss this quarter. Analysts who thought the company would earn $2 a share in 1999 put the figure today just north of $1. Sunbeam suffers from an inventory glut that will take months to assess and longer to fix. It appears Dunlap had been "stuffing the channel," persuading retailers through discounts to buy more gas grills than they would normally need. This practice helped swell Sunbeam earnings in 1997 but led to this year's crash. Even Dunlap's huge success at Scott Paper is now under a cloud. Kimberly-Clark, which bought Scott for top dollar...
Warning to high-blood-pressure patients: you must wait at least a week before switching from the hypertension drug Posicor--a calcium-channel blocker recalled earlier this month--to an alternative blocker, a new report cautions. Four patients have gone into shock--one died--after changing within 24 hours from Posicor to another drug. The quick switch caused blood pressure to plummet to dangerously low levels...