Word: glutting
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...RLLATIVELY EASY to forget how lucky the U.S. is to have aggressive reporters and intense media competition, what with the glut of sappy stories that appear daily. For the people of India and the other developing nations, however, a free press remains merely an ideal, dwarfed by more pressing needs--like securing food, shelter, and adequate health. As a result, Western countries control close to 90 percent of the world's communication power, by one estimate, and the world media has come to look at poorer nations through Western-tinted eyes...
Huge hits, big flops; elation and depression; glut and famine. Hollywood looks more than ever like a boom-or-bust town. But there is more than meets the eye, cautions one industry expert: "The studio bosses aren't worried that an entire season can now go by without their releasing a single big picture. They're more concerned with fighting a bigger war, for a potentially bigger market: television." In the past two weeks, all six major studios were moving in on pay cable: Columbia, MGM/UA and 20th Century-Fox are reportedly dealing to buy into Showtime...
...hope to be going to one of the quality schools, and I don't think the glut is that serious for students from those schools," said Andrew S. Zellecki...
...Oglesby Paul, former director of admissions for Harvard Medical School, said that some students fear there will be a glut of medical doctors in the 1990s. "It will certainly be much less easy to get a good practice," he added...
...concept began to backfire in mid-1981, when high interest rates in the U.S. and the international oil glut helped to cause the near collapse of Dome. The company, one of Canada's largest, had amassed debts of $7.4 billion, more than one-quarter of that due to the Hudson's Bay deal. Interest rates on the debt grew to a nightmarish 22%. Last month Dome was saved from bankruptcy by a government-backed emergency bailout handled through a consortium of four Canadian banks...