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Satellite radio clearly has momentum, but broadcast, or terrestrial, radio still owns most of the market. Local radio may be clogged with ads and promos, banal chatter and the same 200 songs spun ad nauseam, but almost everyone tunes in at some point during the week, according to ratings firm Arbitron. Viacom recently wrote down the value of its Infinity radio business by $10.9 billion, but terrestrial radio still hauls in around $20 billion a year in revenues, mainly from local advertisers like car dealers and banks, rendering it an important marketing tool and generator of free cash flow. Sirius...

Author: /time Magazine | Title: Media: Making Waves | 5/4/2005 | See Source »

Although hopes for a .500 season were dashed in the opener, junior Michele McAteer spun a gem for Harvard in the second game to salvage the split and give the team’s seniors a win in their last collegiate outing...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Softball, Big Green Split To End Season | 5/2/2005 | See Source »

...million, while a consortium of developers paid $1.54 billion for the right to develop another site that now includes the IFC II skyscraper. "It was cheap, easy money," says Sun Hung Kai's Nissim, who for 20 years had worked as a senior government surveyor. "But it spun out of control...

Author: /time Magazine | Title: How to Lose a Harbor | 4/25/2005 | See Source »

Almost every Saturday morning since 1975, from 9 a.m. to 1 p.m., WHRB has filled the waves with traditional country, bluegrass, folk, Cajun, and Tex-Mex tunes, spun by Joiner and his late co-host Brian “Ol’ Sinc” Sinclair...

Author: By Sam Teller, CONTRIBUTING WRITER | Title: Roger That, Hillbillies! | 4/21/2005 | See Source »

...front of some 50 journalists gathered in the new bunker-like Soviet compound atop Mount Alto in northwest Washington, Yurchenko vehemently insisted that he had never defected. Occasionally smirking, often scowling, always looking tough and in command, he freely alternated between Russian and English as he spun his tale of being "forcibly abducted" in Rome by American agents, drugged and flown to the U.S. against his will. For "three horrible months" he was held at a safe house in Fredericksburg, Va., Yurchenko claimed, taking apparent glee at revealing its exact location and details. Only on Nov. 2, when...

Author: /time Magazine | Title: The Spy Who Returned to the Cold | 4/18/2005 | See Source »

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