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FISHRGAME-
_____________
Feature
Story -
"This
Weeks News -- Dec. 5-10
-
2004"
NEEDED
- A new face for the largest
on-line
store in the World at Christmas time - Amazon.com
and it's founder Jeff Bezos, the -- Big
Picture.
///
High Court to Consider
Halting File
Sharing
-----The
Supreme Court, heeding the pleas of Hollywood
studios and the record industry, agreed to consider
calling a halt to file sharing on the Internet that
allows millions of computer users to obtain free
copies of music and
movies.
-----Legal experts say the
case, due to be decided in the spring, could prove
to be the most important test of copyright law in
the computer era. If the court decides to impose
new restrictions on computer and electronics firms,
it could crimp the innovation that has expanded the
public's control over music, film and other forms
of
entertainment.
-----At issue is whether
owners of copyrighted works can stop software
makers from giving computer users the means to make
their own copies of those
works.
-----Owners of the Grokster
and Morpheus file-sharing networks say they are not
liable for the actions of those who use their
software to download movies or music. That argument
prevailed before a federal judge in L.A. and the
9th Circuit Court of Appeals.
-----///
OPEC agreed to reduce its
daily oil output by 1 million barrels
and reserved the right
to cut deeper early next year if crude gets
cheaper. But skeptical traders pushed oil prices
below $41 a barrel for the first time since
July.
-----The move by the
Organization of the Petroleum Exporting Countries
is intended to prevent further revenue losses amid
falling prices, without creating the kind of
volatility that have lifted prices. If effective,
the reduction would scale back output to 27 million
barrels a day, the group's official production
ceiling.
-----Saudi Oil Minister Ali
Ibrahim Naimi said the cut would be implemented
Jan. 1.
-----In trading Friday,
light sweet crude for January delivery dropped
$1.82, or 4.3%, to $40.71 a barrel on the New York
Mercantile Exchange.
-----///
China's Lenovo Group said it was
buying
the personal computer
business of IBM Corp., an American icon that
pioneered the PC market. The $1.25-billion purchase
would catapult Lenovo into the world's
third-largest seller of PCs, giving it an
internationally recognized brand and access to
IBM's technical and management
capabilities.
-----Lenovo would pay IBM
$600 million in cash and $650 million in stock, IBM
Chief Financial Officer Mark Loughridge
said.
-----Lenovo agreed to keep
the business based in the U.S. and run by the
current management team. IBM would keep an 18.9%
stake in the
business.
-----The move away from PCs
would reduce IBM's revenue, Loughridge said, but
the sale would "also eliminate the volatility
associated with the cyclical PC business
-----///
General Electric Co.'s NBC
Universal and
Martha Stewart Living
Omnimedia Inc. announced plans to roll out next
fall an hourlong daytime TV show hosted by Martha
Stewart and produced by "reality" TV king Mark
Burnett.
-----Stewart is serving a
five-month prison sentence at the Alderson Federal
Prison Camp in West Virginia. She still is
appealing her obstruction-of-justice
conviction.
-----Susan Lyne, newly named
president and chief executive of Martha Stewart
Living, said the show would be taped live before a
studio
audience.
-----As part of his
arrangement with Martha Stewart Living, Burnett was
given the right to buy 2.5 million company shares
at $12.59
each.
-----NBC Universal is
expected to air the show on its 14 owned stations
five days a week and next month will begin selling
the show to other station groups.
-----///
Three major supermarket
chains have agreed
to pay $22.4 million to
settle a class-action lawsuit by janitors who said
they were illegally classified as subcontractors
and systematically underpaid at hundreds of
Southern California
stores.
-----The money will be split
among at least 2,100 janitors who worked at
Albertsons Inc., Ralphs Grocery Co. and Safeway
Inc.'s Vons supermarkets from 1994 to 2001. Payouts
will be about $4,500 to $9,300, attorneys said in
court.
-----Attorneys representing
the supermarkets declined to
comment.
-----The settlement ends a
five-year case. U.S. District Judge Percy Anderson
in Los Angeles put off the final hearing until late
February because Albertsons had failed to post
notices in its stores seeking class
members.
-----The posting could add
more janitors to the settlement but won't increase
the pool of money.
-----///
Shell Oil has buyer for its
Bakersfield plant, at least that's
what New York investment firm Kelso & Co.
says,
as they emerged as the
leading bidder for Shell Oil Co.'s Bakersfield
refinery, people familiar with the situation
said.
-----Kelso and others have
been talking to Shell about buying the facility for
several months. Shell signed an agreement pledging
to negotiate exclusively with the equity firm, the
sources said. A Shell spokesman declined to
comment. Kelso executives didn't return a call for
comment.
-----It was unclear what
price and terms were under discussion, though one
person said Shell continued to insist on keeping
ownership of a few assets integral to operating the
refinery.
///
Center
Page / Biography
TIMELINE:
Jeffrey
Preston Bezos
is son of Miguel "Mike" Bezos , and Jacklyn Gise
Bezos . Jeff has younger brother and
sister.
Jeff Bezos gives his
grandfather, a retired Atomic Energy Commission
manager, credit for guiding his thoughts to higher
ambitious and intriguing adventures.
///
ByLines:
Editors Note
Internet
commerce.
-----"Obsess about
customers, not the competitors", is the motto of
Bezos ' present obsession -- Amazon.com . The
company known today as the most visible symbol of
consumer electronic commerce started when he
discovered the exponential growth of the Internet.
He and his wife Mackenzie (a novelist) moved to
Seattle and started Amazon.com from their rented
suburban
house.
TVI
Magazine ONLINE / IS YOUR INDUSTRY WEB SITE Ready
for the future?
-----
TVI
Magazine introduces here a new marketing forum for
the international television industry: a dynamic
online service on its web site. TVI Magazine will
now effectively serve the new marketing needs of
all entertainment companies with a tool that offers
almost instantaneous promotion updates. Company
promotional material that appears on TVI Magazine's
Web site can be hyperlinked with the company's own
URL. TVI Magazine can also link the ads to a
special Web page for the advertiser and then link
that page to the advertiser's
URL.
-----
To
ensure that visitors find their way to promotion
information and product updates, TVI Magazine is
listing TVI Magazine Online on more than 250 of the
world's most popular search engines and electronic
directories.
-----
Online
ad space can be purchased in monthly increments
(with a one-month minimum). At renewal time,
advertisers can change their ad and/or move it to
another space if one is available. The TVI Magazine
Web site will indicate the total number of hits on
the home page per month and per day, enabling
advertisers to monitor their reach and billings
regularly.
-----
TVI
Magazine has two key pages for ad placement: the
index page (home page) and the main page (main page
of articles). Less expensive ad space is available
on article pages. Advertisers can provide the
artwork and/or logo, either by submitting the file
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-----
Most
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business days for an animated banner ad.
-----It
just goes to show you, says Troy about the TV and
Film industry -- "NOTHING IN THIS WORLD IS
PERMANENT" . . . so follow the
money -
- and
take some advice from a dinner-time chat with
"Stonehead" --
Disappointments Are Great! Follow
the Money . . . the Internet and the Smart- Daaf
Boys.
///
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Cory
Publisher/Editor
TVI Magazine
TVI
Magazine, tviNews.net, Associated Press, Reuters,
BBC, LA Times, NY Times, VRA's D-Diaries, Press
Releases, They Said It Tracking Model, and
SmartSearch were used in compiling and ascertaining
this Yes90 news report.
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