Word: item
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Dates: during 1980-1989
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This seems like a hefty slice of cash for what many people consider essentially a promo item, but MTV, though it gets its clips gratis, paid $250,000 for the exclusive rights to show the documentary, from which it lifted the Thriller video intact; Showtime paid $300,000 for pay-cable rights; and Vestron Video reportedly plunked down an additional $500,000 to market the cassette, in which Jackson has what the folks in business affairs call "a profit participation." Not only that, the Thriller album, already out for a year, went into the holiday season selling about...
...under the lengthening shadow of potential failure, the ten leaders of the European Community blundered last week into a diplomatic debacle they long had feared. At the end of three days of alternately listless and acrimonious negotiations in Athens, they found themselves unable to announce agreement on a single item of their long agenda. The key obstacle: the threat of bankruptcy for the Community unless there is an increase in member contributions to its common budget ($22.5 billion in 1983) or a scaleback in an expensive ($14.3 billion this year) agricultural subsidy policy. Said French President Francois Mitterrand: "Europe knows...
...London financial magazine. First published in 1948, the handmade leather volume supplies its owner with facts ranging from the average hours of sunshine a day in Edinburgh (3.75) to the hog and pig population of the U.S. (59 million in 1982). The $43 book has become a prestige item round the globe. Says Christopher Curwen, the Economist's U.S. publications manager: "In the offices of top government ministers in Latin America, you'll see some 25 of these red desk diaries in a row. It's a statement of success." President Kennedy used to have...
...NEWS ITEM: 47.6 percent of the college presidents surveyed by U.S. News and World Report last week named Harvard as one of the five best places for undergraduate education. Many commentators played up the slightly higher fraction (48.8 percent) who placed Stanford University in the top five. But that ignores the truly outrageous implication of the first figure. Applying subtraction, one finds that 52.4 percent of these college presidents evidently think Harvard doesn't rank in the top five undergraduate colleges...
Lewis said he received about fifteen responses after placing a news item in the computer terminal...