The British are coming, and going; many retailers come up short in the Trans-Atlantic leap
Article Abstract:
With a notable exception, British businesses are not very successful in the US. The Virgin Group, starting with an airline and branching into sort drinks, various entertainment stores, music stores, and even clothes is a US success story. Others were originally successful and then faced troubled times, such as Laura Ashley Holdings PLC, and Body Shop International which found it necessary to form a joint venture with Bellamy Retail Group LLC just to stay in business. The reasons for the disappointing performances of UK businesses in the US are diverse, and range from real estate mistakes to Americans' desire for a bargain.
Comment:
Others were originally successful and then faced troubled times, such as Laura Ashley Holdings PLC, and Body Shop International
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Networks cheered by sales of 1998-99 commercial time
Article Abstract:
The major television networks have collectively sold approximately $6.05 billion to $6.1 billion in commercial time to the up-front market for the 1998-99 season. This compares to the $6 billion to $6.05 billion from the preceding season. The preseason sale of commercial time was a success the networks had not predicted. Due to viewer competition from cable networks and the Internet, they had predicted a steep decline in sales. Including the smaller broadcast networks UPN and WB, the sales of up-front market sales rises up to around $6.4 billion to $6.5 billion, up from $6.25 to $6.3 billion the year before.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Changing the way music is marketed
Article Abstract:
Industry analysts have reported that the music and record industry is moving online to take advantage of a growing trend by consumers toward purchasing music over the Internet. N2K Inc., which is headed by long-time music industry executives, offers a complete online music and entertainment array of services and products. Red Button, which is based in San Francisco, focuses on giving unknown bands an opportunity to reach a mass online audience by providing specialized recording and artist management.
Comment:
Has been giving unknown bands an opportunity to reach mass online audience by providing recording and artist management
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
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