Word: pays
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Dates: during 1990-1999
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...much would you pay never to see another talking frog or battery-powered bunny again? To program your own all-Luke Perry channel? To add impromptu bathroom breaks to live broadcasts? Replay Networks and TiVo, creators of new digital-TV recording devices, are popping the question, working to persuade you to add yet another cube to the towering ziggurat of entertainment--cable box, VCR, DVD and video-game player--on your TV table. They say their new gadgets could just change TV itself in the process, a possibility that has the networks more than a little nervous. Lawyers have been...
...affect television's business model. Ads are sold based on demographics. Suppose only relatively well-off, younger, tech-savvy viewers--the kind advertisers crave--adapt to PVRs. Bernoff posits that if X-Files fans bypass all those pricey tech ads, such highly acclaimed, high-budget programs could migrate to pay cable, replaced by more America's Favorite Self-Immolations--cheap programming aimed at downscale audiences...
...remains a feverishly awaited golfing event, no thanks to us--spelled U.S. While Europe's players have done their part to create a biennially thrilling competition, some of America's spoiled businessmen pros have voiced annoyance at having to endure three days of nerve-twanging match play for less pay than they'd make finishing 10th at the Greater Billings Open. Boo to them--and bring on Sergio...
...fate awaits many mutual-fund investors this year. Redemptions from stock funds are running at the highest level in a decade, and those who stay put could wind up holding a big tax liability--essentially having been handed that spent fire extinguisher. Here's how it works. Mutual funds pay no income or capital-gains taxes so long as they pass on the gains and resulting tax liabilities to shareholders once a year, usually in November or December. Most investors never take a fund's distribution as cash; they reinvest it and pay the tax out of pocket. That...
Part 1 of the whammy: heavy redemptions often force a fund manager to sell stocks and book gains that would otherwise be avoided, just so they can pay departing investors. Part 2: fewer remain to share the tax liability...