Word: revenuesâ
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...record, tape and compact disc sets, but those copies sold so fast that the stores have ordered 1.85 million more. Since the 40-song package sells for $20 to $30, vs. about $8 to $10 for a typical record or tape, Springsteen Live is expected to bring in more revenues???perhaps $450 million?than any other album ever recorded...
...York's economic survival has been due to circumstance as well as human genius. While federal outlays have grown at an annual rate of more than 11% since 1978, Koch has held his city's spending growth to less than 4% a year. But an inflationary economy that increases revenues???even without a real increase in city taxes?has helped...
However lofty that principle, it is difficult to maintain when large investments?in scholarship money, facilities, travel expenses and television revenues???are at stake. Already basketball coaches are luring transfer students to their campuses with no fear of penalty: the A.I.A.W., unlike the N.C.A.A., does not require transfer athletes to sit out a season. A 5-ft. 10-in. forward with a good fadeaway jumper can, and increasingly does, play musical colleges. Michigan Athletic Director Donald Canham watches from the sidelines and notes: "The women had a golden opportunity to establish an athletic program with the men's mistakes...
Financial Fine Point. Democrat Unruh dismissed the plan as a "fraud" on the ground that all of the surplus?due partly to Reagan-imposed economies, partly to an inflationary increase in revenues???will be on hand at the end of the current fiscal year (June 30). Whether or not that should entitle taxpayers to collect it on this year's tax returns (filing deadline: April 15) may be a fine point of finance, but Unruh was the first to admit that it mattered a great deal politically. "He has no right," he objected, "to keep it in the state treasury...
...first year with the expectation of a small and slowly growing circulation. When the demand for it went beyond the capacity of the presses to print, advertisers swarmed aboard for a free ride, while the bills for paper and ink alone swallowed up the magazine's revenues???and then some. Before launching LIFE, Luce had declared: "It can be safely assumed that $1,000,000 will see LIFE safely through to a break-even 500,000 circulation or to an honorable grave." Yet Time Inc. spent $5,000,000 to keep LIFE from dying of success before the magazine finally...
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