Word: deal
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...Ticketmaster sold more than 140 million tickets and industry experts estimate the company controls 70 % of the market for major concerts. If it merges with Live Nation, that share would increase substantially. The companies announced the terms of their merger Feb. 10, but the deal will have to be approved by government antitrust authorities. New York Senator Charles Schumer, who's on the Judiciary Committee, has already come out against the merger, signaling an uphill battle for further consolidation of the concert business. Eddie Vedder may yet get his revenge after...
...argument over the Treasury Department's use of new TARP funds and other stimuli focused a great deal on putting $500 billion into propping up banks and another $1 trillion into freeing up credit. Some media outlets put the total number closer to $2 trillion. The truth is there are so many moving parts in the programs that it is easy to see how even the most sophisticated observers might miss a detail...
...content will be "re-valued" as the economy improves. The newspaper industry may not be able to get any of its value back. Magazines may face the same problem. To the surprise of many, some of the more valuable content, like expensive feature films, may only make a great deal of money in theaters. The yield from VOD on the internet sales and syndication on the Apple (AAPL) iPod may turn out to be extremely modest...
...National Movement of Recyclers of Peru is hoping to change that. Founded six months ago, the group has an ambitious plan that would double income levels while helping the country's municipal government deal with the problem of solid waste. The first step is changing the image Peruvians have of this army of cart-riding men and women, promoting the word recycler instead of more traditional and derogatory terms like garbage picker and scavenger. "The movement increases self-esteem. Society has always scorned recyclers, seeing them as the last rung on the ladder," says Galo Flores, who provides support...
...stop collaborating with the Shah's regime," he said, adding, "Back then, we had little pride. We really felt like the stooges of the U.S. Today, we are a proud people. At last we determine our own fate and the bigger powers just don't know how to deal with us." Then he asked a bystander listening in where he was from; upon learning the man was American, shook his hand and said, "Thank...