Word: profiteered
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Dates: during 1970-1979
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...REGULATIONS for undergraduates prohibit showing commercial films for profit; they say nothing about using commercial films to recoup losses or allow financing of other projects. Proceeds from Eliot films have gone into financing a Hitchcock-style film by W. Donald Brown '74, head of the House's society. Profits in other Houses often go into new film equipment or towards payment for the current equipment. (Among film societies the veritable mark of status is ownership of two projectors, allowing continuous showings...
...will pit the United Auto Workers against the Detroit car makers. Though contracts do not expire until September, U.A.W. President Leonard Woodcock began spelling out some demands late last month at a prebargaining convention in Detroit. Among them: a more generous cost-of-living escalator, some kind of profit-sharing plan, and by far the most important, a new right for workers to refuse to put in overtime. Heavy overtime has enabled a few workers to earn as much as $20,000 a year, but many complain that the long hours leave them too exhausted to enjoy the money. Meeting...
...closely watched by investment analysts as a clue to how well a firm is doing. Repurchased stock vanishes into a company's treasury and is not included in earnings calculations. A simplified example: if a company earns $20 million and has 10 million shares outstanding, it will report profits of $2 per share; if it buys up 2,000,000 shares, the same $20 million profit will be divided among 8,000,000 shares and will amount to $2.50 per share...
During the postwar years LIFE grossed more advertising dollars annually than any other magazine. Yet high production costs always kept its profit margin narrow. In the end, rising costs left no profits at all. After sustaining $30 million in losses in three years, LIFE ceased publication...
Perhaps WGBH should take Loomis up on his desire for more documentaries. The viewing public, along with 232 public TV stations, could profit from an in-depth study into why public broadcasting is becoming so politicized. The documentary might begin by examining why Senator Brooke was compelled to say on the Senate floor, "CPB is setting a very dangerous precedent. For when one hand controls the Federal funds and also controls distribution power for public television we will have in appearance and perhaps in fact a domestic Government network...