Word: millions
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Dates: during 1990-1999
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...dedicated to the new Staples Center sports arena in downtown L.A., home to the Lakers, Clippers and Kings. Such special issues are common these days, as newspapers and magazines look for ways to attract advertisers, and it was a financial windfall for the Times, generating a record $2 million in ad revenue. But as one of the arena's 10 "founding partners," the paper had agreed to share the issue's ad revenue with the Staples Center without telling its reporters or readers about the fiscal arrangement. To give the subject of the paper's journalism a share in revenues...
...take a "bazooka" to the wall dividing "church" and "state"--the editorial operations and the business side. While journalists quaked, business types argued that it was a needed dose of cold realism for a paper whose profits had dropped and daily circulation had slipped from a peak of 1.24 million in 1991 to 1.1 million. Since Willes gave up the publisher's job to become chairman of Times Mirror Co. earlier this year, circulation remains stalled, but operating profits grew by double digits in the third quarter. While admitting a mistake on the Staples relationship, Willes backed Downing and defended...
...worthy successor to The Last Temptation of Christ, Martin Scorsese's 1988 parable of doubt purified into faith. Love Dogma or dismiss it, but don't condemn the film for what it isn't. As Ben Affleck, one of the zillion-dollar stars in this $10 million film, says, "It's a rumination on faith. With dick jokes...
...success has endless ripples. With more than 5 billion shares out and a market value exceeding $400 billion, the company is among those with the most widely owned stocks in creation. Virtually every institution holds Microsoft stock, including those that manage your retirement accounts. Fidelity Investments has 149 million shares spread among 60 funds. If the bottom ever falls out of this baby, look out. The collateral damage will be nuclear, especially now that Microsoft is part of the Dow Jones industrial average...
...turns out that the program--used by more than 13 million people around the world, including me--has been tracking our music-listening habits, recording the titles of the CDs we play and beaming the information back to headquarters. Whenever we go online, a sneaky little subroutine has been quietly shuttling that data over to Real's servers and dumping them into their files. Since I had to register my name to get the jukebox software, who I am and what music I like have been surreptitiously databased by Glaser's company. Without my or anybody else's consent...