Word: demands
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...Murdoch would simply be too great. Yet the media’s rapt attention on Murdoch’s purchase does serve to highlight a growing fear among journalists and others that high quality, objective news sources will slowly vanish, in this age of new media, for lack of demand. The rise of blogs and news sources tailored to niche audiences, along with the decline of newspapers’ advertising-based business model and a burgeoning school of thought that dismisses even the possibility of objective journalism, have conspired to erode the bottom line at many newspapers and left many...
...volunteered with the missionaries of Charity for a month in the summer of 2001. Mother Teresa's letters reveal not a "darkness" but a vulnerability. I can only imagine the mental and spiritual fortitude that a lifelong commitment to oppressed people would demand. Each letter Teresa wrote was an attempt to sustain her spirit as she battled the effects of extreme poverty. Zachary Davis, Modesto, California...
...living room once a week. An elaborate fractal pattern of intersecting stories concerning plane survivors on a not-quite-deserted island, a secretive international organization and a monster made of smoke--Lost only begins with the 60 minutes you see on TV. Its mysteries, clues and literary-historical allusions demand research, repeated viewing, freeze-framing and endless online discussions. And in a medium in which executives assume that viewers will flee anything that remotely challenges them, Lost proves that millions of people will support a difficult, intelligent, even frustrating story--as long as you blow the right kind of smoke...
...luxury has become a commodity for everything from handbags to haircuts, élite hotel chains like the Four Seasons and the Ritz-Carlton have begun to seem ho-hum to the growing ranks of superrich travelers. Yet despite pent-up demand, less than 1% of the 19 million hotel rooms on earth are deemed "ultraluxury." That's an emerging category defined not only by price but also by the distinctive décor in every room, attentive, personalized service and exclusivity--why would you want to hang out with people who aren't as rich as you are? These...
...Demand has never been greater, given the growing supply of Russian oligarchs, hedge-fund honchos, Chinese capitalists and overpaid ceos. "The amount of money in private hands is unprecedented," says Andrew Harper, editor in chief of Andrew Harper's Hideaway Report, a Baedeker for the wealthy. In this new Gilded Age, he says, the business is in class, not mass. "There have always been people who could afford the presidential suite, but now it's a legitimate market...