Word: profiteer
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...independent producers, Sony kicked the habit of blithely paying stratospheric salaries to marquee names. That strategy worked in past years if the star vehicles achieved blockbuster status. But when theater attendance plummeted and studios had to hike marketing spending to combat competition from iPods and Internet downloads last year, profit margins on such projects vaporized. In negotiating Cameron Diaz' s salary for next month' s romantic comedy,The Holiday, for instance, sources say Sony persuaded the actress--who got a reported $20 million to headline its Charlie's Angels: Full Throttle in 2003--to accept cash up front...
Although not immediately more profitable. In mid-October Sony revised forecasts for its 2007 fiscal year, which ends in March, predicting a 38% decline in net income, to about $435 million. The losses are partly owing to charges for the battery recall and delays in launching the highly complex PS3. For fiscal 2008, Stringer is still predicting a profit margin of 5%, though he admits he's not sure how he'll achieve it. "But I am not altering the profit target...
...employed in the formal manufacturing sector. A major reason is that state laws make it very difficult for factories to lay off workers, Luce explains. As a result, Indian capitalists invest in advanced, efficient manufacturing facilities, which allow them to maximize production while minimizing employment. This is good for profit margins, but not for the millions of desperate job seekers...
...purely for noble motives, not because raising a child is immensely emotionally gratifying and a ton of fun? The point is that adoption, imperfections and all, is a tremendous emotional benefit to children and parents, as well as to the dedicated professionals who make it possible. As for profit-making by those involved—I wish! Then we could have more adoptive families and fewer Enrons...
...Harvard and MIT, the Cambridge government would fund “an at-cost-like operation” to provide child care that is “reasonably priced for families,” Reeves said. “They wouldn’t be trying to make a profit; they’d just be trying to charge based on what the real cost is, as opposed to the cost plus profit,” Reeves said in an interview after the meeting. “I think the three of them would get the bill, and they?...