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...company's strategy is live performances. Despite the stagnation of record sales, the concert industry is booming. Last year revenues were up 8% to $3.9 billion, and Live Nation is in perfect position to expand its market share. Eight years ago, Live Nation, then a part of Clear Channel Communications, struck a deal with Ticketmaster that gave Ticketmaster exclusive rights to sell most of Live Nation's 30,000 nationwide events. That deal, which accounted for nearly $200 million in revenue in 2007, expires in 2008, and Live Nation's own ticketing system, already the third-largest in the United...

Author: /time Magazine | Title: Jay-Z: Music's $150 Million Man | 4/3/2008 | See Source »

...bring down a domestic passenger jet with a homemade bomb. Add to that widespread discontent throughout China over issues such as corruption and rapidly worsening inflation (prices of pork have gone up by two-thirds in the past year) and you have what Bequelin calls the makings of a perfect storm...

Author: /time Magazine | Title: The High Cost of Control | 4/3/2008 | See Source »

...rates of U.S. and Iraqi casualties. But remarkable as they are, the statistics don't tell you about the lives of ordinary Iraqis like the Hammadis. So in mid-March, I returned for a two-week visit to get a firsthand feel for the changes. It seemed the perfect time to take soundings: the fifth anniversary of the start of the war and a little more than a year since the start of the surge...

Author: /time Magazine | Title: Looking for the New Baghdad | 4/3/2008 | See Source »

...damn the beer. Samuel Adams' $120 Utopias, in a ridiculous copper-covered 24-oz. (710 mL) bottle meant to resemble an old-fashioned brew kettle, looked like the perfect candidate for a smackdown. First off, it's barely a beer. It's not carbonated like a Bud but aged in oak barrels like scotch, and it has a vintage year, like a Bordeaux. It is also unbelievably delicious--like a port flavored with malt and a touch of bite from the hops, and somehow light, complex and free of any alcohol sting, despite having six times as much alcohol content...

Author: /time Magazine | Title: Gourmet Groceries — for More! | 4/3/2008 | See Source »

...he’s pretty good-looking.” But not everyone is as optimistic about the prospect of Ma’s presidency. Chieh-Ting Yeh ’04, who has also met Ma on several occasions, said he feels that the politician’s perfect self-presentation was over the top. “He’s very well-spoken, pretty gentle-mannered,” Yeh said. “He knows exactly what he wants to say, but I’d like to see a more personal side...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: Taiwan Elects HLS Grad | 4/2/2008 | See Source »

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