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...depends less on readers than on advertisers, who for decades have made a cult of youth. "The thinking is that people over 50 are loyal to certain brands, so it's a waste of money trying to advertise to them," says Paul Hale, whose investment-banking firm Veronis Suhler advises media companies. Two earlier efforts to win More's audience, Lear's and Mirabella, collapsed, partly because of lack of advertiser enthusiasm...

Author: /time Magazine | Title: Boomer Rags | 2/18/2002 | See Source »

Murdoch's holdings may sprawl over four continents, but there is a clear pattern. "Everything is English-language related, global related and media related," says John J. Veronis, head of Veronis, Suhler & Associates, the investment-banking firm that brokered the Triangle deal. Adds Investment Banker Steven Rattner of Morgan Stanley: "Other U.S. media are exporting their products, but Murdoch is the only one buying indigenous communication systems and linking them together...

Author: /time Magazine | Title: A $3 Billion Gamble | 8/22/1988 | See Source »

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