Word: outbidding
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...Grosvenor Hotel with a Music Industry Trust Award in November 2008, he was feted by some of the biggest names in the business. Bono and the rest of U2 presented the award, Take That performed, and Benny Andersson and Bjorn Ulvaeus, the male half of ABBA, tried to outbid British rock band Snow Patrol in the fundraising auction that followed. (See the top 10 Michael Jackson songs...
...Postcard: Inland Empire," with its tale of qualified, would-be homeowners getting outbid at every turn by developers, carries a message that should be heeded by Washington [Jan. 18]. Bad economic choices and unexpected economic reversals are inevitable for any nation. Though painful for those involved, market forces will eventually clean up these disasters and restore stability--if allowed to do so. Attempts to create a utopian society and protect citizens from this pain will only defer the inevitable and possibly make the eventual correction catastrophic...
...size of New Moon's boodle left the industry's box-office handicappers flummoxed. Like crazed billionaires trying to outbid one another for an evening with Angelina Jolie, they kept jacking up their weekend estimates as New Moon broke record upon record, day by day. On Thursday the smart money was on a $100 million opening; on Friday the ante was raised to $120 million, and on Saturday they finally got it right. Of course, the $140.7 million is simply another estimate: Summit Pictures' Sunday-morning guess at Sunday evening's take. The real number, released tomorrow afternoon, could...
...hockey skate into this mess? Coming out of the 2004-05 lockout, Versus outbid ESPN for rights to hockey games. NHL commissioner Gary Bettman chose cash over the increased exposure any sport gets from ESPN, which is currently in 98 million homes. While the game has gotten better - new rules have increased scoring, and phenoms like Ovechkin and Crosby have given the game new blood - Bettman lost a mainstream audience to which he could market this improved product. So while Ovechkin-Crosby plays out in the wilderness, Bettman should wonder what might have been. (See TIME's picks...
...Hasbro's rival, Mattel Inc. By the early 1990s, thanks to its acquisitions of Milton Bradley (maker of Life, Yahtzee and Candy Land) and Parker Brothers (Monopoly, Risk and Trivial Pursuit), Hasbro owned more than half of the $1.1 billion U.S. games market. But in 1993, Mattel outbid Hasbro, paying $90 million for the international rights to the game. Hence the game's weirdly bifurcated homepage at Scrabble.com...