Word: millioned
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...First, the pop idol. Stephen Gately was a star in the Irish band Boyzone, which has sold about 30 million records since forming in 1993. Gately, 33, died on Oct. 10 of an acute pulmonary edema while vacationing on the Mediterranean island of Majorca with his civil partner Andrew Cowles. Amid gushing eulogies for Gately, Jan Moir, a columnist with conservative British newspaper the Daily Mail, wrote a piece that questioned whether the singer's death was, as the coroner had ruled, due to natural causes. Moir speculated that Gately's gay lifestyle may have played a part. "Healthy...
ESPN does rule sports with ever higher-priced program rights, but as an incubator, Disney Channel is more important, a fact amply displayed by its High School Musical franchise. The channel made the original TV movie for about $5 million. It took off, leading to a sequel, a sound-track album, a motion picture, books and video games. "So far, the franchise has generated $150 million to $200 million in operating income," estimates Barclays Capital analyst Anthony DiClemente. If the company leverages all aspects of the brand, he says, the teen franchises are a formidable force...
...launchpads go, a half-hour comedy is pretty economical. By the end of the first season of Hannah Montana, Cyrus was a star. Assuming the company spent about $600,000 for each of the 26 episodes, it cost Disney about $15.6 million to set her up. Three seasons, more than 8 million CDs, $225 million worth of movie tickets, two concert tours, a best-selling memoir and 15 million Hannah Montana books later, says Disney, she's worth billions of dollars to the company. Of course, the channel reduced its risk considerably by casting the girl it wanted to develop...
...Back in Washington, the Democratic National Committee is also stepping up its backing of Corzine, with roughly $3 million in aid, along with frequent e-mails to organize support from those on Obama's presidential campaign e-mail list. "We're doing in New Jersey what has been asked of us," said Brad Woodhouse, a committee spokesman. "And we are happy...
...obsession with secrecy means that finding out who is the driving force behind something as momentous as the Chongqing trials is close to impossible. But local media reports have singled out Chongqing party secretary Bo Xilai for praise. Bo was appointed to administer the sprawling municipality of nearly 30 million in August 2008. Known for his imperious manner and impeccable revolutionary lineage (his father was one of the so-called "eight immortals" of the party, its senior-most leaders), Bo had established a reputation for anti-corruption drives in the showcase city of Dalian when he was party secretary there...