Word: profitable
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Dates: during 1980-1989
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...networks make money by selling viewers, in bulk and by demographics, to advertisers; NBC has done this so successfully that, since Grant Tinker was named chairman of the network in 1981, an estimated $5 million of red ink has been alchemized into a projected $200 million profit for 1985. But what has NBC sold viewers on? Mostly a feast of slick weekly series in three broad categories: the traditional situation comedy, led by last season's phenom The Cosby Show (2nd in the yearlong Nielsen ratings to CBS's Dallas) and including Family Ties (3rd), Cheers (9th), Night Court (19th...
...then get the hell out of the way." It surprised no one that Tinker, who would be cast as a noble Senator if Hollywood still made movies about noble Senators, proved to be a man of his word. But two funny things happened: his plan worked, to NBC's profit as well as its honor, and it was implemented by Brandon Tartikoff. At the time, Tartikoff was thought to be Silverman's Silverman: a hard-driving guy with a passion for the lowest common denominator. But as Tinker and Tartikoff discussed the multidimensional chessboard of prime-time scheduling, they realized...
Bell's report concludes that Hutton's upper officers put excessive pressure on branch managers to boost their cash-management income and then failed to monitor how it was being done. One senior vice president gave underlings envelopes containing play money equal to how much extra profit he thought they could be bringing in. But in attempting to trace the blame for the check-kiting scheme as high as possible on the corporate ladder, Bell discovered a "peculiar management structure" at Hutton with fuzzy personal responsibilities. No one, for example, was willing to admit being the immediate boss of Morley...
...Confused? In need of guidance? To aide the crowds that mill around Harvard every day, Cambridge has constructed its answer to the Johnston Gate Guardhouse: a Disneyland-style information booth in the heart of Harvard Square. The $35,000 pink and blue structure, funded and operated by a non-profit group called Cambridge Discovery, is primarily aimed at helping tourists with their information needs...
...collar jobs, thereby reducing its work force about 15%. The firm will close several unprofitable plants and make other moves to slim down operations. The large write-offs, which will cost $990 million, will give Union Carbide an estimated net loss of $250 million for 1985, compared with a profit of $323 million in 1984. In a step that could dissuade raiders, the company plans to buy back $500 million of its stock...