Word: warner
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...Lands' End golf shirt. "The two companies' strategies have been very different, but if they can leverage each other's strengths, you'll have a very powerful combination," says James Crawford, retail analyst for Forrester Research. Of course, that's what everyone said about AOL and Time Warner, so perhaps some caution is in order...
Gerald M. Levin officially stepped down as CEO of AOL Time Warner last week, bringing to a close a remarkable business career. For the past 10 years he has sat atop a media empire whose vast holdings include Time Inc., publisher of scores of magazines, including TIME. There has been plenty written about Jerry's business career in these pages and elsewhere. But inside the Time & Life Building, he will be best remembered as a fierce advocate for the editorial excellence and journalistic integrity of our publications...
Rather than seeking new ways of pleasing customers, however, the Big Five music companies (AOL Time Warner, Bertelsmann, EMI, Sony and Vivendi Universal) are focusing on making it harder for consumers to get what they want. Although the connection between home copying and lost sales is as tenuous as it was in the '80s, the industry is pushing controversial anticopying technology into the marketplace--while entrepreneurs are assembling new business models for selling music in the digital...
...from copying the tunes more than a set number of times (usually once, which is the labels' nod to the concept of "fair use" copying in copyright law). "Our goal is a level of protection that will keep honest people honest," says Paul Vidich, an executive vice president of Warner Music (like TIME, part of AOL Time Warner...
...major labels' systems include the online services Pressplay (owned by Vivendi Universal and Sony) and MusicNet (EMI, AOL Time Warner, Bertelsmann and the software firm RealNetworks). Initially hyped as the legitimate alternatives to the original outlaw Napster, these services have flopped with consumers--especially where CD burning is concerned. Pressplay charges $9.95 to let you burn 10 tracks a month--barely enough for one CD. MusicNet offers no burning capabilities, but EMI seems to have belatedly recognized the need, at least for fans of Sharon Riley and Faith Chorale. You can now burn up to 20 tracks from...