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...million in "synergies" from new revenues and combined efficiencies, and $200 million from cost cuts, including facilities, purchases and people. As for big layoffs, Wright says, "Chopping off heads won't get you those kinds of numbers." One head that won't roll: Vivendi Universal Entertainment boss Ron Meyer. Both men argue that their staffs and goals fit. "We're not prima donnas here," says Meyer. "Every business has risks. The question is how you manage them. It doesn't have to be like going to the craps tables in Vegas...

Author: /time Magazine | Title: Will This Bird Fly? | 9/15/2003 | See Source »

...focusing on entertainment, the other on telecommunications. "Should they remain together?" he asked. "I give myself a few more months to answer that question." In the meantime, others question whether GE - the ultimate old-school, button-down business - will be comfortable with the highly volatile movie business. But Ron Meyer, head of Universal's entertainment division, insists: "This business isn't volatile if you manage intelligently and properly, which we do. It doesn't have to be like going to the craps table in Vegas." Maybe not. But by shifting his business vision every few months, Fourtou certainly looks like...

Author: /time Magazine | Title: Deal Ahoy! | 9/7/2003 | See Source »

...adults supposed to drink? If Steve Hersch has his way, they'll reach for a more mature kind of soda like his. Hersch, 37, is the founder of GuS (Grown up Soda), a new line of less-sweet but intensely flavored sodas such as Dry Valencia Orange, Dry Meyer Lemon and Extra Dry Ginger Ale. "When you grow up, your tastes change," he says. "You want drinks that are less sweet and more flavorful." And he's not the only soft-drink entrepreneur chasing this market. Tommy's Naked Sodas are all-natural beverages made with cane sugar (as opposed...

Author: /time Magazine | Title: Soft Drinks For The Rest Of Us | 8/18/2003 | See Source »

...goal...is to maintain the real value of the endowment and spending over time,” Meyer said. An increase of “zero [percent] is not that out of the ordinary in real dollars...

Author: By Laura L. Krug and Stephen M. Marks, CRIMSON STAFF WRITERSS | Title: Officials Expect No Rise in Payout from Endowment | 8/8/2003 | See Source »

...Meyer said that whether the current streak of low payout raises continues will depend on macroeconomic performance and the Corporation’s assessment of current University needs...

Author: By Laura L. Krug and Stephen M. Marks, CRIMSON STAFF WRITERSS | Title: Officials Expect No Rise in Payout from Endowment | 8/8/2003 | See Source »

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