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1.
Feature Story: "METAPHORS." Metaphors
Are Great Analogies.
Troy Cory, entertainer, and co-author of the
'Smart-Daaf
Boys,'
and 'Bank
of America, Tortfeasors,' says that,
"life on the web is like Pop-Jazz, the best of the
performance often happens in the TimeLine between
notes. What you do while you're waiting around for
the "Catch Phrase" to happen, is more important
than what you do while you're
doing."
Troy states on the
front cover of this issue, "that purchasing a
Wireless Telephone is like buying Yahoo.com,
the Tribune, and tviNews.net for $64-Billion.
Why?
Most poker players
will agree that Yahoo is running out of
options . . . so, now's the
time to call a bluff. Play to quash a potential
deal with Microsoft, "after all, the best way to
earn money, is have a lot of money."
The person who should
know is Sam Zell, now
the controlling factor in running the LATimes. His
reporters say, "it looks as if Yahoo will be
dragged down the aisle by its suitor, Microsoft, no
matter how loudly Google speaks its peace."
"Benchmark publications like, Variety,
Billboard and the Wall Street Journal all know that
online numbered telephone and IP connections issued
to users can give you the kind of body count the
traditional radio/TV viewer-listener count can't,
said publisher," Josie Cory.
It's should be noted that when marketing
benchmarks are tied to a SinTrend future attached,
"you'll see Wall Street money markets going every
which way. What does that mean? Think about the
animal culture connected to money markets, the
'bears, bulls' are not going anywhere, but south.
They will be intermingling with the jumping
kangaroo crowd packed with subsidiary takeovers in
their front pocket."
In late February,
their potential mates with deep pockets denied they
would try to beat Microsoft Corp.'s $44.6-billion
offer even as investment bankers tried to help
Yahoo remain unhitched.
The company that Microsoft and Yahoo fear most in
the Internet business -- Google Inc. -- is trying
to quash the deal by a few press releases.
The day Microsoft Corp. made its bid public, Google
Chief Executive Eric Schmidt called Yahoo CEO Jerry
Yang to offer help in fending off the Redmond,
Wash.- based software giant, according to a person
familiar with the discussion. The companies, which
are both based in Silicon Valley, have discussed
having Google run Yahoo's search-engine
business.
Although Yahoo insiders might have more cultural
affinity with their Silicon Valley neighbors,
experts said combining the Web's two biggest search
businesses could be a hard sell to regulators
worried about competition.
"To go from three significant players down to two,
with one having around 75% market share, maybe more
-- I can't believe the antitrust people wouldn't
block that," said Robert Lande, an antitrust law
professor at the University of Baltimore and a
longtime Microsoft watcher.
Part
02
/ A
few days after the news reports, the following
SinTrend questioning jumped into the Picture:
Who's
Who's
How and
Why?,
When and
Where's the set Value?.
Yahoo insiders,
including founders Yang and David Filo, control
only about 5% of the company's shares, while mutual
funds and other institutional investors hold about
70%. That leaves Yahoo much more vulnerable to Wall
Street pressure than Dow Jones & Co., which
still succumbed to a News Corp. bid despite the
controlling stake held by its founding family, the
Bancrofts.
MORE
ABOUT JERRY
YANG
Turning Microsoft down flat -- the "just say no
option" -- is not a bluff, it is fraught with risk
because it all but guarantees a drawn-out fight
that would end months from now in an acrimonious
vote at Yahoo's annual meeting, said Michael J.
Montgomery, founder of Santa Monica-based
investment bank Montgomery &
Co.
Microsoft CEO Steve Ballmer told Wall Street
analysts at a previously scheduled presentation
Monday, "We trust that the Yahoo board and Yahoo
shareholders will join with us quickly" and approve
the current offer.
Google is trying to spoil Microsoft's shotgun
wedding. What form its assistance might take is
unclear. Google couldn't bid for Yahoo because of
antitrust constraints, but it could offer help in
recruiting a bidder or a team of bidders. It also
could guarantee advertising revenue in return for
Yahoo's outsourcing its search advertising business
to Google.
Although
rival bidders could still emerge, several potential
suitors said they didn't plan to compete for Yahoo
against Microsoft, which can afford to pay top
dollar thanks to its cash hoard from its PC based
software, depicted by the EU as monopolitic.
Part
03 / There are more
Newspeople in Washington than in Orange County --
and that those numbers ought to be reversed - Sam
Zell.
Experts, like Sam Zell,
thinks the American appetite for news is as strong
as ever. Even big-city papers such as Times that
have suffered sharp declines in print circulation
in recent years have seen their total audiences
grow, when viewers of their Internet sites are
included. Political candidates, corporations, even
churches find that they can lure more traffic to
their websites by slapping on a news "ticker" or a
digest of wire-service stories. CLICK
FOR MORE
109SinTrendsofLiechtenstein
The problem is
that few news organizations have yet found a way to
make the kind of money online that they had
generated from print.
Google
and Yahoo's, "Citizen journalists" -- such as:
"Bloggers," and the "Yes90" reporter project
tviNew.net had developed a few years ago, are
mainly unpaid volunteers that have taken over the
unionized pro writers job, but says research
Washington-based Project for Excellence in
Journalism shows that most of what they are
producing is "commentary" rather than eyewitness
accounts of news events or meat-and-potatoes
coverage of school board meetings and the like.
"If a
newspaper reduces staff by 20%, some portion of
that community is going to be operating in the
shadows in a way it was not before," said Tom
Rosenstiel, director of Project for Excellence.
Although
specialized outfits such as, Yes90, tvinews,
Bloomberg News, and TMZ, it's no secret that they
have sprung up profitably at the same time that
newspapers have been cutting back, they are taking
over with the help of Google, YouTube, MySpace and
the likes of Facebook.
"If a
newspaper reduces staff by 20%, some portion of
that community is going to be operating in the
shadows in a way it was not before," said Tom
Rosenstiel, director of Project for Excellence.
Although
specialized outfits such as Bloomberg News in
business and TMZ in celebrity news have sprung up
profitably at the same time that newspapers have
been cutting back, their turf is narrow.
Sam Zell, is one of the best in today's
corporate market takeover game, because he helped
invent it. As most newspersons know, he's now the
chief executive of Chicago-based Tribune Co.,
corporate parent of The Times, KTLA-TV Channel 5,
the Chicago Tribune and other newspapers and TV
stations across the country. It was in late
February when he delivered a message about
priorities to the news staff at The Times'
Washington bureau that things at the newspaper
became quite clear. At the fractious meeting, Zell
said The Times had many more newspeople in
Washington than in Orange County and that those
numbers ought to be reversed. As for foreign news,
Zell has said in other forums that journalists tend
to like it more than readers do.
If Zell's
point is that the real money is in local news, the
recent experience of the Daily News, the Orange
County Register and the regional dailies ringing
the Bay Area -- all more locally oriented than The
Times -- has been a discouraging counter example.
Their inability to keep ad revenue from falling at
double-digit percentages year over year has led to
staff reductions that further hobble local news
coverage.
4.
Related Stories
/ MORE YAHOO STORY
Warning that deliberations could take "quite a bit
of time," Yahoo said its directors were considering
the Microsoft offer and other options, including
remaining independent. Analysts said those options
included soliciting a rival bid, selling the
company in pieces or dragging its feet until
Microsoft sweetened the offer.
News Corp. Chairman Rupert Murdoch told analysts
during an earnings call Monday that his company was
"definitely not going to make a bid for Yahoo."
Cable TV giant Comcast Corp. wants to extend its
online reach, but analysts said the price was
probably too rich. NBC Universal Chief Executive
Jeff Zucker dismissed a rumor during a conference
call with JP Morgan analysts and their clients,
saying NBC "was not in play," according to two
people on the call. NBC Universal declined to
comment.
"The likelihood is that [Yahoo] will not
find another bidder as aggressive as Microsoft, but
they have a fiduciary responsibility to check,"
Stanford Group Co. analyst Clayton Moran said.
Analysts said Microsoft cleverly calculated its bid
-- the $31 a share offered was 62% more than the
stock's most recent closing price -- to make it as
tough as possible for Yahoo to fight for its
independence or secure a higher price.
Some analysts said the Microsoft bid was low
because even though Yahoo stock was trading in the
teens last week, it had hit the mid-$30s as
recently as October. They also pointed to Yahoo's
stakes in Yahoo Japan Corp. and China's Alibaba
Group Holding, which have a total market value of
more than $12 a share.
Microsoft's bid could go as high as $35 a share,
Moran said.
"This could play out over several acts, and these
are unpredictable times, but at the end it all
leads to Microsoft winning," said an investment
banker tracking the matter who insisted on
anonymity because he could become more closely
involved. "This is a really strong offer."
The poker game continues the animosity between
Microsoft and Google, which have competed for
advertising partnerships with companies such as AOL
and Facebook Inc. The rivalry heated up in April,
when Google won the bidding for online advertising
company DoubleClick Inc.
Microsoft lobbied hard against the deal,
complaining that it would hurt competition in
Internet advertising, but U.S. regulators approved
it and their European counterparts appear likely to
do the same.
"It appears that Google's involved in payback for
the DoubleClick mischief," said Scott Cleland, a
Google foe and president of Precursor, a technology
research and consulting firm. "But shining bright
lights on this market will only educate the world
about how dominant Google is."
5.
NBS100 Review WiFi / Land-lines
NBS100
TeleComunication Study - Regulatory Frequency
Seizure
More
Articles Converging
News 2008 / TeleCom BuyOuts, Spinoffs and Asset
Seizure Boom
Respectfully
Submitted
Josie
Cory
Publisher/Editor
TVI Magazine
TVI
Magazine, tviNews.net, YES90, Your Easy Search,
Associated Press, Reuters, BBC, LA Times, NY Times,
VRA's D-Diaries, Industry Press Releases, They Said
It and SmartSearch were used in compiling and
ascertaining this Yes90 news
report.
©1956-2008.
Copyright. All rights reserved by: TVI
Publications, VRA TelePlay Pictures, xingtv and Big
Six Media Entertainments. Tel/Fax: 323
462.1099.
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