Word: hardes
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...more plentiful in East Asia, but even there paper rules. In Japan, the average household still subscribes to more than one newspaper. In fact, the Japanese are the world's most avid newspaper readers, despite a dip in circulation over the past couple of years. "One would be hard-pressed to find another country in the world where newspaper companies are publishing several million issues a day," says Yoichi Funabashi, editor in chief of the Asahi Shimbun, the world's second largest daily (after its rival the Yomiuri Shimbun) with more than 8 million subscribers. Nonetheless, publishers know they cannot...
...chunk of the Washington Post Co.) Warren Buffett saw this coming. In 2006, he explained the depressing law of newspaper gravity at a meeting of his Berkshire Hathaway Corp.: "Newspaper readers are heading into the cemetery, while nonnewspaper readers are just getting out of college. It's hard to make money buying a business that's in permanent decline." Here's how three of Europe's newspaper firms are trying to prove the sage of Omaha wrong...
...opinions of Henry Luce, who has been dead for more than 40 years. The free alternative newspapers I represent have generally written more critically of business--and sometimes their own clients--than most paid publications. There are hundreds of other examples in which the advertising-only model has produced hard-hitting journalism. The bottom line for all news media is the same regardless of model: you'd better produce content that people pay attention to, or you aren't going to have a business. Richard Karpel, Association of Alternative Newsweeklies, WASHINGTON...
...extended warranty? Is there something ... wrong ... with that free cheese? Store owners will tell you horror stories about shoppers with attitude, who walk in demanding discounts and flaunt their new power at every turn. They wince as they sense bad habits forming: Will people expect discounts forever? Will their hard-won brand luster be forever cheapened, especially for items whose allure depends on their being ridiculously priced...
...guilty pleasure this year was Tropic Thunder, which I thought was hilarious and brilliant. I love big action movies. I was just watching Die Hard 3 with my kids, which I've seen a ridiculous number of times. Thoroughly, thoroughly enjoyed...