Word: profit
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Group president and founder Thomas “Mackie” Dougherty ’03 said the program is the nation’s first community service group geared toward online tutoring, although for-profit organizations offer similar services...
Although expenses have been minimal, tutors will ask technology-oriented non-profit groups and technology companies to donate money to offset hardware and operating costs, Dougherty said...
...Trying to match European tech firms with American investors gave him the idea for the European Tech Tour Association, a not-for-profit organization based in Geneva and Rotterdam...
...common knowledge that out of a $16.99 CD price, artists get about a dollar, record labels get $5 to $10 and the rest goes to the retailer. These prices reflect the costs of doing business—artists, who often pay for their studio recording time, seldom profit on an album. Record labels, which bear heavy promotion costs, usually make a dollar or two of profit per CD, as do the record stores, which must pay rent and salaries...
...digital distribution. That means that beyond the fixed cost of studio time, promotion software and bulk bandwidth, record labels will have essentially no cost. And yet they will still try to charge us $16.99 for albums downloaded over the Internet, meaning that they could potentially realize $14 of profit per album...