Word: warners
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Dates: during 1990-1999
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...both strategies--to engulf and to disgorge--actually be reconciled in today's business world? Richard D'Aveni, a professor of corporate strategy at Dartmouth's Amos Tuck School of Business, sees plenty of room for deals along the lines of both the Time Warner merger and the AT&T breakup. (Businessman Donald Perkins and former U.S. Trade Representative Carla Hills sit on both boards, which voted for conflicting goals.) D'Aveni discerns an intrinsic cycle: poorly conceived mergers turning into spin-offs. The aim is to dominate a market, as Microsoft rules software, Delta dominates the Atlanta airport...
...when it comes to running a conglomerate, is bigger better? Or is less more? Americans could be forgiven if they were confused by last week's economics lesson. First they witnessed the three-way breakup of AT&T, and then, just 48 hours later, the rebirth of Time Warner as the world's largest media company with its agreement to buy Turner Broadcasting. To the old but continuing question, "What's happening to the big old phone company I grew up with?" is added, "Will I now get all my news and entertainment from only a couple of media behemoths...
After coming under harsh criticism from conservatives for putting out records with controversial lyrics, Time Warner announced today it is shedding its 50 percent stake in Interscope Records, the rap label of such stars as Snoop Doggy Dogg, Tha Dogg Pound and Tupac Shakur. The decision followed Interscope's refusal to allow Warner Music Group to review lyrics for an upcoming rap record by Tha Dogg Pound. "The sale of Interscope is not going to reduce the amount of sex and violence in American culture," says music critic Christopher John Farley. "It is all around us: in the streets...
...team. Last Saturday the Nittany Lions demolished Temple 66-14 to stretch their winning streak to 19 games, the longest in the nation. That also gave Paterno his 271st victory as a head coach, which is fourth on the all-time major college list, behind Bear Bryant (323), Pop Warner (319) and Amos Alonzo Stagg (314). The only coach ever to win the Rose, Sugar, Orange and Cotton bowls, Paterno has had five unbeaten, untied seasons and two undisputed national championships. He might have had a third last year, but the college football polls gave the mythical national championship...
When a 'zine starts to pay and large profits are made, it becomes a magazine! Why can't Time Warner and other corporate jerks stay out of a thriving hobby that is based on writer-reader trust? I'm going to make sure that in my 'zine people know what's happening, and I'm going to tell them to stay away from corporate 'zines that are more interested in making a buck than preserving the public's last breath of free expression. DAVE NOWAK, age 16 Editor, Potato Blight Baltimore, Maryland...