Word: jacksonism
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This is it - or at least the beginning of it. Sony Music announced on Wednesday that on Oct. 12 it will release the single "This Is It," the first of what promises to be an onslaught of posthumous Michael Jackson songs, followed by a full two-disc album, Michael Jackson's This Is It, supposedly "inspired" by the Sony film of the same name. The album will be out internationally on Oct. 26 and in the U.S. on Oct. 27, a day before the worldwide release of the movie...
...little as 15¢. It just introduced a 355-ml bottle--a little more than half the size of its more traditional plastic bottle--for 35¢ in places like the southern coastal provinces, which have been hard hit by the slowdown in exports. Coke's China president, Doug Jackson, says he'll take what he can get in a tough economy. "If you have a little less kuai in your pocket," he says, using the colloquial word for Chinese currency, "folks look for where do I save that one kuai. Instead of drinking nothing, I can handle that cheaper...
...growth-focused model that Deng established in China 30 years ago has given Coke a reasonably stable platform to manage its expansion. "We know exactly where we are going," Jackson explains. "The government says, 'We'll urbanize 20 million people this year, and we'll do it sustainably through to 2020. We'll nearly urbanize the population of the United States over the next 10 years.' I can be very assured that I can place my bets for the company." Of course, Jackson wasn't betting that Beijing would block Coke's proposed $2.4 billion acquisition of Chinese juicemaker Huiyuan...
Though the rejection was widely seen as both a defeat for Coke and a sign of growing protectionism in China, losing Huiyuan might not be all bad. "The regulator's decision spared Coke from overpaying for Huiyuan," says Swartzberg, the Stifel Nicolaus analyst. Now, says Jackson, Coke will build on its own. "Our 2020 goals are the same. We'll build rather than buy and move forward...
...Jackson, La Toya • brother of is said by to have looked "absolutely fabulous" in his casket...