Word: simonal
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Some analysts agree. "Revenues are growing faster than costs," notes Morgan Stanley's Sarah Simon. (After-tax profits for the past six months were up 18%.) Still, Murdoch faces increasing competition. A multichannel provider called Freeview has won 5 million customers in Britain in little more than two years, while cable operators NTL and Telewest recently launched video-on-demand services that challenge Sky's movie business. F & C's Hayes notes that a share buyback launched by Sky in November could lead to "creeping control" of Sky by News Corp. That's just the sort of worry that rankled...
...intensely. The possible ripple effect of this is enormous." The war in Iraq has fueled the brands' image problems, but some say the causes run deeper. "There's a love-hate thing going on [with the U.S.]," says Richard Edelman, chief executive of the eponymous New York City firm. Simon Silvester, executive planning director for Young & Rubicam, based in London, frames the issue broadly: "Back in the 1960s, the U.S. was 10 years ahead of everywhere else in terms of affluence. It was a very aspirational place," he says. The U.S. "is still well positioned, but it has come down...
...current British commercials David Beckham is the star. "For most new U.S. brands in the past 10 to 15 years, it's remarkable how low-key they are about their country of origin. I can't remember a brand being launched that was proud to be American," says Simon Anholt, a British consultant and author of the recently published Brand America...
...Staff writer Simon W. Vozick-Levinson can be reached at vozick@fas.harvard.edu...
...ride 10 miles to Stalin's dacha at Kuntsevo and begin another of the booze-fogged, terror-soaked marathon predawn dinners that the Minister of Cultural Terror, Yury Zhdanov, had convinced Stalin were the equivalent of the symposia of the ancient Greeks. "These vomit-flecked routs," the British biographer Simon Sebag Montefiore observes in Stalin: The Court of the Red Tsar (Knopf; 785 pages), "were the closest [Stalin] came to cabinet government...