Word: profit
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...however, that Case says he will rely more heavily on his founding fraternity to set the company right. AOL's cash cow is its 26 million U.S. subscribers, most of whom pay $23.90 a month for AOL's dial-up service. Almost half of that subscription revenue represents pure profit. But the U.S. dial-up market is already close to 60% saturation and isn't expected to hit 70% before 2005. AOL subscriber growth this year is estimated to drop to about 10%, just a third of its torrid pace...
...delivering those services--and doing so at a profit--is proving a vastly more complex business proposition than anyone imagined. As the ongoing battle over music and video downloads suggests (think Napster), success in a broadband world requires solving complex questions about copyrights and digital encryption. Few executives, even at AOL Time Warner's movie and music divisions, are ready to open their treasure troves to the threat of piracy in an online, on-demand world. The broadband business also requires AOL to pay a cable or DSL provider for access to the pipes that reach customers' homes--at least...
Houghton sold off units in laboratory glassware, electronics and light bulbs and spent $500 million on high-profit ventures in laboratory services and fiber optics...
Harvard could also restructure its curriculum. All students would profit from at least one class designed as a deliberative forum—as opposed to the traditional college lecture—that would expose them to other cultures and experiences, and enable them to actively learn and seek knowledge from those who disagree...
...most costly road—it would involve building a completely new interdisciplinary science campus in Allston aimed at working with businesses to create a new Silicon Valley in Boston focused on biotechnology. Such proposals would associate the interests of our science departments with those of for-profit corporations to develop commercial advances. While some facets of this model are attractive, it would shift the University away from its primary goal of teaching its students and producing high-quality academic—not industrial—research. Another option is a “culture and community” model...