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...defunct digital-TV firm OnDigital, and from cable firms ntl and Telewest. Under his tenure, the company embarked on a risky $3 billion conversion to all-digital technology, to offer more channels and support interactive services. The plan seems to have paid off: in August BSkyB reported a pretax profit of $418 million on sales of $5.13 billion in the year ended June 30. Financial success, however, doesn't necessarily mean consensus, and analysts have been probing for an explanation for Ball's rumored departure. One theory is that Ball wanted to pay a dividend on BSkyB stock, rewarding shareholders...

Author: /time Magazine | Title: Bouncing Ball? | 9/21/2003 | See Source »

...industry wants the increased sales that would result from a Medicare drug benefit free of limitations on prices or on the use of costly drugs that are no better than their cheaper alternatives. In short, it wants to continue to use vulnerable Medicare recipients as its major profit center. Drug companies would rather have no Medicare benefit than a regulated one. In addition to lower profits, they fear that regulations in prescription drug benefit would spread to other parts of the otherwise free-wheeling health care system...

Author: By Marcia Angell, | Title: The Make-Believe Drug Benefit | 9/17/2003 | See Source »

...pharmaceutical lobby won key restrictions?for instance, a stipulation that generics sold under the agreement be manufactured in a different shape, dosage and packaging from the original?that make it difficult for non-U.S. companies to sell their products in poor countries and still turn a profit...

Author: /time Magazine | Title: Prescription for Profits | 9/15/2003 | See Source »

...There are signs, too, that the expansion of Indian companies into America might get harder. For one thing, the constant court battles that are required when challenging patents are exorbitantly expensive by Indian standards. "Profit margins at some companies are declining because of litigation costs," says Kothari from ASK Raymond James. Even when a court case is won, the life of a generic-drug company is never easy: high profit margins last for just the six months that the company has an exclusive right to sell a generic drug. If India's drugmakers are to become truly global, they...

Author: /time Magazine | Title: Prescription for Profits | 9/15/2003 | See Source »

...supporting individuals and their communities at a price we can afford—one that recognizes individuals as the source of economic value and puts them at the center of a new commercial solar system? Can we conceive a new economics in which support, advocacy, authenticity, trust, relationships and profit can occupy the same sentence without invoking disbelief and peals of laughter? In fact, these notions are no more radical than the once-revolutionary economics of mass production appeared to be a century ago; no more outlandish than farmers able to buy automobiles, thanks to the innovations of Henry Ford...

Author: By Shoshana Zuboff, CRIMSON STAFF WRITER | Title: Capitalism's Next Revolution | 9/15/2003 | See Source »

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