Word: gottesman
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Dates: during 1980-1989
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Maurice finally sounded a tocsin last March, warning that profits would decline for at least the first half of 1989. He also announced plans to sell off much of the firm's $360 million consulting investment. Calling the move "ham-handed," Alan Gottesman, an advertising analyst at the Paine Webber brokerage firm, noted that Maurice "managed to depress morale and performance in the consulting arm at the same time that he was letting potential buyers know they could pick up the firms at a discount." Fearing a messy auction, clients began to switch to other consulting agencies. So far, only...
...average network share of television audiences has plummeted, from 90% to just 61%. At the same time, the network share of television advertising revenues has diminished, from 45% in 1979 to 36% last year. Cable operators absorbed much of the ad spending that the networks lost, according to Alan Gottesman, who follows the broadcasting industry for Paine Webber...
...powerful tool for advertisers. "I think we've got a long way to go before the house of cards collapses," says Larry Gerbrandt of Paul Kagan Associates. "On any given night, with any given show, they have the ability to attract a predominant share of the TV audience." Alan Gottesman, media analyst at Paine Webber, asserts, "The next thing you will hear will be the turning of the worm. There is an operating cycle of about two years in this business. Each network has gone through a semicataclysmic change in management. If you add two years to that, you come...
Television Titan Ted Turner last week launched MTV's first 24-hour opponent, Cable Music Channel. Another contender, Discovery Music Network, plans to begin operating in two months. "MTV has good reason to worry," says Alan Gottesman, an analyst at the L.F. Rothschild investment firm. "If anybody can break MTV's hold on the market, Turner can. He has the money and the patience...
...businessmen around the world, protesting loudly, have organized a lobbying campaign in Washington. Says Edward Gottesman, president of the American Chamber of Commerce in London: "Every other major country in the world has adopted an attitude that when its citizens live abroad, they should be taxed in the place where they live rather than according to their passsports. But the U.S. curiously has an anachronistic attitude on taxation...