Word: warners
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Dates: during 1990-1999
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...supply will be equivalent to the demand, and the work of the market would simply be to match up buyers and sellers. Advertising, window dressing and product differentiation are all unknown to the wheat market, for instance, which is the closest thing to perfect competition in United States. Time Warner and other media conglomerates, however, see effort not simply as part of their business but as their whole business. We may conclude that they have a high degree of market, or monopoly, power which causes them to want to sell as many goods as possible, since their marginal cost...
...fact, Time Warner, along with three other United States companies, has a vertical media monopoly. Time Warner itself controls a major motion picture studio, six publishing houses, 24 magazines, seven cable channels and eight music companies. It is about to merge with Turner Broadcasting, itself a media powerhouse centered on CNN. General Electric owns NBC network news, soon to be a comprehensive multimedia news service on MSNBC, nine television stations and more than 10 cable channels. Disney owns ABC network news, 21 ABC radio stations, 18 television stations, five motion picture studios, two publishing houses, eight cable channels, 11 newspapers...
...American public needs to be better informed about who is controlling the sources of information that inform their daily reality. Democracy cannot function with passive citizens contented by infotainment that is propagated by media giants to further themselves and their profits. It is impossible to request that Time Warner, et al., be concerned with something other than profits--that's what a corporation is for. Rather, it is necessary that the U.S. government ensures through anti-trust initiatives the independent stewardship of the networks and the maintenance of a free press so that democracy itself is not stifled by entertainment...
Sales have boomed in Warnaco's brands, which include Warner's and Olga lingerie and Calvin Klein underwear. The stock has soared nearly 200% in the past five years, increasing the value of Wachner's stake to roughly $205 million...
However, the two newer, smaller networks, the upstart United Paramount Network and the Warner Bros. channel, are embracing minority-themed programming as a way of differentiating themselves from the bigger, established players in the TV game. In a classic case of counterprogramming, the two mininetworks will between them air 11 ethnic-themed shows in the fall--nearly twice the big-network total. Some of them star familiar names like Sherman Hemsley, Malcolm-Jamal Warner and Robin Givens. One, UPN's Homeboys in Outer Space, is a must-see for the high-concept title alone. Some are refugees from...