Word: warners
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...paper, Pooley examines coverage of last June's Senate debate over the Warner-Lieberman Climate Security Act, the first carbon cap-and-trade bill to get a real hearing in Congress. The main question posed by the bill was economic: how much would capping and bringing down carbon emissions cost the U.S., and could we afford it? (As Pooley writes, these days "the economics of climate policy - not the science of climate change - is at the heart of [the] story.") In the months leading up to the debate, both sides - those in favor of strong action on climate change...
...rely on hand cranks for power. Since its beginning, OLPC has distributed about 500,000 XOs in 31 countries. Even better, for $399, a consumer can simultaneously purchase an XO and donate one. OLPC also receives major ad time from worldwide corporations like News Corp, CBS, and Time Warner...
Lewis the solo movie star quickly found a comedy mentor: Frank Tashlin, whom Jer will surely thank tonight. A writer-director who had worked on some of the best wartime Warner Bros. animated shorts, Tashlin made his mark in feature films by turning such pliable stars as Bob Hope and Jayne Mansfield into, essentially, cartoon characters. Lewis, already rubberized, was the ideal clay for Tashlin to mold, stretch and cheerfully mutilate; he directed two Martin-and-Lewis comedies, six more just with Jer, Geisha Boy and Cinderfella being the ones fizziest with anarchic ideas...
...Content is rapidly being devalued. The first people to press that case are accountants. They have insisted that companies from News Corporation (NWS) to The New York Times (NYT) to Time Warner (TWX) to CBS (CBS) write-down tens of billions of dollars in assets. Cablevision (CVC) bought the large daily newspaper Newsday less than a year ago. Its accountants reduced the value of that property by 70%. That was not simply the value of the Newsday building. What they were saying is that the income from the property has been impaired, probably permanently...
...Yahoo! (YHOO) and Time Warner were downgraded by a Wall St. analyst yesterday. His reason for cutting Time Warner is that, once its cable systems have been spun-out to shareholders, its crown jewels which include Time Inc, AOL, and networks such as CNN were not worth the multiple at which the company trades. The essence of his argument is that content, even the best content, is losing its value...