Sky's limits
Article Abstract:
The increasing dominance of Rupert Murdoch's Sky Television over British broadcasting is dividing observers into two camps. Within the span of just seven years, the company has gained a near monopoly of the market, controling club football and golf in Britain, as well as live rights to cricket games played overseas and to one-day international games played in the UK. It has also won lucrative rights to rugby and boxing events. Some see Murdoch's growing domination of sports broadcasting in a favorable light. They consider the media tycoon as a free-market champion who saw an unexploited market and rushed in to serve it. Critics, however, claim that generating too much money too fast from too few people, including Murdoch, may eventually harm players, fans and broadcasters alike. In addition, many resent Murdoch's increasing power over sports because they consider it a part of a national birthright.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1996
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Selling substitutes to as suspicious nation
Article Abstract:
ICI's Marlow Foods subsidiary has recently introduced a new meat substitute to the British consumer market. The new foodstuff is called 'Quorn' which is composed largely of the mushroom relative 'Fulsarium graminearium.' The product shows much potential given the sizeable number of vegetarians in the UK and the growing awareness of 'healthy eating' among Britons. Its manufacturer has already reported sales of 20 million pounds sterling in 1991. The long-term success of Quorn, however, is still uncertain. The British are known to be highly conservative when it comes to food and they may balk at the idea of eating something that is related to mould, toadstools and dry rot. Another factor that may act as a barrier to the widespread acceptance of Quorn is its price. A pound of Quorn costs 4.50 pounds which is considerably more expensive than other meat substitutes such as tofu and tempeh.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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I'm green, buy me
Article Abstract:
Ethical investments are growing at a rapid rate. The enthusiasm of consumers for 'green' products has been fuelling interest in ethicals funds, bolstering their value from just 687 million pounds sterling in 1994 to about one billion pounds in early 1997. These funds are funds that choose the companies they invest in based on their own ethical criteria, which often vary widely. Although most of them avoid arms companies, their selection procedure ranges from the exceptionally rigorous to ones that allow individual investors to determine for themselves if the companies meet their personal criteria. Some examples of companies generally avoided by ethical funds are those involved in such businesses as alcohol production, pornography, environmental destruction and unnecessary animal exploitation.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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