Word: warners
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...with debt ($13 billion at least), gets some of the lowest profit margins in the business, and her cable lines are a little on the immature side - only 70 percent upgraded to carry Internet, phone and digital-TV services, as opposed to 94 percent at No. 2 AOL Time Warner (parent company of this writer...
...Time Warner CEO Gerald M. Levin said in announcing the move, "In his 23 years with Time Inc., Walter has distinguished himself as one of America's--and the world's--most perceptive, dedicated and respected journalists. His many achievements as a writer, correspondent and editor at TIME magazine culminated in his selection as managing editor, putting him in a line of succession that reaches back to Henry Luce and the foundations of our company...
...congratulate John on his appointment to the expanded position of editorial director, Time Inc., and wish Walter all the best at CNN. They are two extraordinary professionals who continue to bring great luster to AOL Time Warner's journalistic reputation...
...just the beginning of a world in which advertising will be far more pervasive. If Williams gets his way, PVI will soon be digitally inserting products, not just brand names, into syndicated and prime-time programming. PVI is already negotiating with TNT (owned by TIME's parent, AOL Time Warner) and Studios USA to do virtual product placements on reruns of Law and Order this fall. A Coke machine could appear in the precinct background, or a Saltines box could sit on the D.A.'s desk...
...commission's co-chairmen, former New York Democratic Sen. Daniel Patrick Moynihan and AOL-Time Warner executive Richard Parsons, painted a dire picture in their draft report. Unless repaired, Social Security will need tax increases or "massive" deficit spending by Congress to keep it afloat, their report warns. By 2020, Social Security's shortfall will equal the combined budgets of Head Start, the Women, Infants and Children nutrition program, the Environmental Protection Agency, plus the Education and Commerce departments. Baby boomers will be shortchanged. Women, minorities and the poor will suffer...