Local booksellers battle big chains

Article Abstract:

The market share of independent book retailers has declined from 32.5% in 1991 to 17% of books sales in 1998. Chain stores took more than 25% of booksales in 1998, while the market share of online sales is projected to reach 25% by 2004. To counter the trend, independent book retailers have launched a $2-mil print ad campaign urging book lovers to support small, independent bookstores rather than chain stores. The group will also launch a Web site, Booksense.com, that would give them the same leverage being enjoyed on the Internet by chain book stores.

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Time Warner's deals with AOL, EMI hit hurdles in Europe

Article Abstract:

Time Warner Inc, America Online Inc (AOL) and EMI Group on Sep 25, 2000 will address antitrust concerns raised by the European Commission to save two major media agreements. The two agreements are Time Warner's proposed merger with AOL and the media company's planned $20-billion music joint venture deal with EMI. In separate draft decisions, the Commission proposed to reject both agreements. EC staff are scheduled to rule on Time Warner-EMI joint venture by Oct 18 and on Time Warner-AOL merger by Oct 24.

Europe, Government regulation (cont), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Time Warner Inc., America Online Inc.

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Scrappy UPN touting season's growth

Article Abstract:

Los Angeles, CA-based United Paramount Network (UPN) has rebounded from a declining ratings position in 1998 but appears to be seeking a buyer. Advertisements released by the network to tout its rapid growth versus key rivl WB Television Network do not reflect the fact that UPN's increase in upfront advertising revenues in 1999 is still small compared with that of WB's and it will lose an estimated $190 million or more in 1999 compared to WB's expected loss of roughly $90 million.

Strategy & planning, Television Broadcasting, Advertising, California, Glass Container Manufacturing, New York, TV Networks, Glass Beer Bottles, No Return, Coca-Cola Enterprises Inc., United Paramount Network

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