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...guard. Its $1 billion in seed money was perhaps a fifth of what was needed, says media investor Harold Vogel, author of Entertainment Industry Economics. But the backbreaker has been DVD sales, where many films now derive most of their profit. Moviemakers are so beholden to retailers like Wal-Mart and Best Buy that studio execs routinely confer with them before setting release dates. There are so many new releases that retailers afford each a much shorter shelf life. And with 80% of U.S. households owning DVD players, fewer people are rushing out to replace their old tapes--slowing...

Author: /time Magazine | Title: Three Moguls Aboard | 7/19/2005 | See Source »

...prosecutor Sarah Carr, 16, had one final question for Andrew G., 17, the defendant in a recent case at the youth court in Colonie, N.Y.: "Didn't you know it was wrong?" Andrew nodded shyly, eyes averted. He knew that stealing a $4.97 Star Wars action figure from Wal-Mart was not only a petty crime but also a geeky one in the eyes of his high school peers, some of whom were serving on the jury...

Author: /time Magazine | Title: A Jury of Their Peers | 7/11/2005 | See Source »

...aloud why a 17-year-old was still playing with action figures. The jury foreman then questioned whether Andrew should have confessed sooner to his parents. After all the jurors had their say, the group reached a consensus: 30 hours of community service and an apology letter to Wal-Mart. "By now he should be mature enough not to steal toys," McCann said. "I think this will help him resist the temptation...

Author: /time Magazine | Title: A Jury of Their Peers | 7/11/2005 | See Source »

...Haven Advocate, writes of the Westchester synagogue: “This temple, if not quite one of the bar mitzvah ‘factories’ that all rabbis accuse the other shul in town of being, was still a bit too mechanized. It was more Wal-Mart than family store, more state university than small college...

Author: By Sara E. Polsky, CRIMSON STAFF WRITER | Title: Oppenheimer Searches for Religious Spirituality | 7/8/2005 | See Source »

Instead of trying to be all things to all retailers, Springs is focusing on core customers. Bowles says eight of them--including Wal-Mart, Kmart/ Sears and Target--account for about 80% of sales. That could be a risky strategy, since more retailers go directly to overseas suppliers for their store-label goods. Springs increasingly finds itself competing with its customers. Bowles is depending on good service, quick turnaround and brand power to stay in the game...

Author: /time Magazine | Title: By a Thread | 7/7/2005 | See Source »

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