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ESPN does rule sports with ever higher-priced program rights, but as an incubator, Disney Channel is more important, a fact amply displayed by its High School Musical franchise. The channel made the original TV movie for about $5 million. It took off, leading to a sequel, a sound-track album, a motion picture, books and video games. "So far, the franchise has generated $150 million to $200 million in operating income," estimates Barclays Capital analyst Anthony DiClemente. If the company leverages all aspects of the brand, he says, the teen franchises are a formidable force...
David Corbin, a chartered financial analyst and president of Corbin & Co. Capital Management, says he isn't surprised by the survey's results. "I'm actually surprised that the numbers aren't higher," he says. (Read about a study on why older workers are happier...
...says. “To be blunt, a lot of them really don’t have enough of their own skin in the game.” Though some poker players might be capable of beating a bigger game, they don’t move into higher stakes because they know that their bankroll can’t withstand the variants, he says. One of the biggest mistakes a novice player can make is to be too bold, too early. “If you’re a gambler and you do something really, really dumb...
...schools are not created equal: The report reveals a remarkable wealth gap between the nation's institutes of higher education. Out of more than 2,250 public and private four-year schools, 18 had endowments averaging more than $500,000 per student as of June 2008. Of private universities granting doctorates, 10% of schools had 54% of the endowment wealth, averaging $1.5 million per student. Another 115 schools had endowments averaging $100,000-$500,000 per student, and the 2,000+ remaining schools had smaller endowments or none at all. Faculty pay varied widely as well. After adjusting for inflation...
...rise in education costs amid an economic slump: it makes the single most effective tool to help the underemployed and jobless out of their rut become all the more unreachable. Though the government and private donors have stepped in to ease the financial crunch, the runaway costs of higher education threaten to make it unaffordable, especially to those who stand to gain the most from it. As the College Board report makes clear, the real-world benefit of college is not simply academic: the unemployment rate for those with bachelor's degrees is just half that for people with high...