Word: staking
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...road, in the gardens of Kensington Palace, Diana's old home, those memories were very much alive. If the crowd gathered at the chapel was reserved and respectful, this was the place for Union Jack-covered folding chairs - and a strong sense of many people's still very protective stake in Diana. Here, as one sign pinned to the Palace's thick, black, gilt-edged gates read, was "The People's Memorial." Depending where you looked, amid the pink paper hearts and purple balloons, Diana was "The People's Princess," "The Queen of Hearts" or "England's Rose...
This devotion is fueled by a belief, not shared by the world at large, that video games are an art form with genuine emotional meaning and that Halo 3 will be the premier example of that art. But there is, as it happens, a whole lot of money at stake too. At launch, Halo 3 will run only on Microsoft's Xbox 360 gaming console, lending the Xbox, into which Microsoft has sunk billions, huge credibility in its costly death match with Sony's PlayStation 3. "We're a platform company," says V.P. Kim. "It's about driving sales...
...More serious was the news that Edwards, who launched his candidacy in New Orleans and has denounced predatory lenders' foreclosing on people there, has some $16 million invested with Fortress-and Fortress has stakes in subprime lenders that are foreclosing on people in New Orleans. Edwards told me that when the story broke in May, he sought assurances from Fortress that it wasn't engaging in predatory practices and asked the company to intercede on behalf of a New Orleans mortgagor facing foreclosure. "They said, We'll do that, I said O.K., and then I forgot about it," he said...
...million dollar fund toward the production and distribution of 31 "Asian films," the industry was in a muddle over whether this was a lavish pronouncement or just plain smart business sense. The move is expected to help the company cut costs, and it may also allow the Weinsteins to stake a claim on the growing market of Asian film viewers...
Chris Lighty, CEO of Violator Entertainment, whose clients include 50 Cent and Busta Rhymes, is looking at ways that record companies can work with artists in one area where rappers have been innovative: endorsement and branding. Whether it's 50 Cent owning a stake in Vitamin Water or Jay-Z doing a commercial for HP, most of these deals have been brokered by the artists' own camp. But Lighty sees in hip-hop a chance for record labels to generate more sponsorship and endorsements. "Record companies are going to have to make even better records and participate in brand extension...