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Blockbuster caused a flutter when it announced a billion-dollar bid last month to buy rival Hollywood Entertainment, and rental chain Movie Gallery Inc. followed up with a bid of its own. What was puzzling, however, was the rationale that inspired Blockbuster's proposal. Online subscription services like Netflix, along with DVD sales and video-on-demand services, have eaten into the company's income. Its rental revenues have declined each quarter this year compared with last. Blockbuster has responded by investing in video-game rentals and launching its own online subscription service. It's "surprising that Blockbuster would choose...
Last fall, The Crimson hired Ron Reason, a media design consultant with Garcia Media, Inc., to redesign the entire paper in preparation for the transition from black and white to color—or, BW to CMYK. But Ron left The Crimson with more than just a new style—he spread the Gospel of Visual Thinking...
...center of the debate one finds Diebold Elections Systems, Inc. and Election System and Software, Inc. (ES&S), the top two producers of electronic voting equipment in the country. Yet the companies are probably not so much competitors as cohorts. Why would two huge companies in the same industry be bedfellows? Because the president of Diebold Election Systems is Robert Urosevich, and the vice president of election services at ES&S is his brother, Todd. Together, the two companies’ equipment tallied an estimated 80 percent of the popular vote in this year’s election. Curiously enough...
...Still, the decline may be temporary. Japan Inc. has fixed many of the structural problems that snuffed out previous recoveries: deflation has slowed, banks have largely cleaned up their bad-loan portfolios, and successful company restructurings are on the upswing. At a press conference last week, Economic and Fiscal Policy Minister Heizo Takenaka claimed to be unfazed by the new numbers, calling them a "minor adjustment phase in an upward climb." If only Japanese consumers were convinced...
...individual distributors who sold cosmetics and furniture polish and earned a cut for recruiting others. In the 1970s the U.S. government investigated Amway, suspecting it was a pyramid scheme, but the charges were never proved. In 2000, Amway became part of a larger sales and business-services company, Alticor Inc., formed by Van Andel's and DeVos' families...