Archive for August, 2009

PostHeaderIcon Disney entered into a Business Online

Production house, Disney, represented by Robert Iger as president and CEO, plans to offer a wider network by using the online system, including film, television, and online games. “With the development of online, users must first subscribe before you can get a very attractive entertainment and can not be found when watching movies or television. Currently, we are developing an experience like that,” Iger said.

Disney is ready to allocate finances in online business. NBC Universal and News Corporation has joined as content providers and business partners that help sell ads www.Hulu.com.
Disney also has sold some of the content on iTunes and subscription fees for Club Penguin Site. Iger noted that consumers spent U.S. $ 5 per hour at the movies, 75 cents per one hour to read books, newspapers, and magazines, as well as 50 cents per hour to watch cable and satellite tv. However, with only 25 cents per hour to surf the Internet world. So, “There is more room for people to be able to spend less money on things they do with beronline,” Iger added.

PostHeaderIcon Wyeth want to Join with Pfizer

U.S. pharmaceutical company Wyeth, said its shareholders agree to takeover deal by rival Pfizer. so that more and raise the largest drug producer in the world. According to Wyeth, an initial count showed 98 percent of the shareholder vote approving the merger. ”Mergers are the best in the interests of the company and our shareholders,” said Wyeth’s chief executive, Bernard Poussot.

Join with Pfizer, Poussot see opportunities to increase the scale and resources necessary to become the world’s leading biopharmaceutical company and leader in the industry of human and animal health care, both in the prevention or treatment of disease. The combined organization will continue the mission of bringing innovative solutions Wyeth medical patients around the world. Pfizer, the world’s largest pharmaceutical company, announced merger plans in January and looking for diversification in preparation for the termination of patent rights on medicines phenomenal. The total transaction value of U.S. $ 68 billion (48.2 billion euros) seems to be the largest takeover in the global pharmaceutical sector since Pfizer acquired Warner-Lambert Co.. worth U.S. $ 93.4 billion in 2000.

PostHeaderIcon 1000 Boeing Workers Threatened Dismissed

Boeing will lay off 1000 workers from the Department of Integrated Defense Systems (IDS), because according to a memo distributed to the employees, funds allowances have been deducted by the Pentagon.

News of the cuts made by the Boeing workers. before, have also been conducted by NASA and U.S. Airways. This relates to the American position that more difficult due to the recession. According to the Head of IDS, Jim Albaugh, the employee deductions will be made throughout the country and they will be promptly notified immediately in the month. In the memo also explained, the company will provide assurance to employees in order to work in the new airline and obtain international contracts.

PostHeaderIcon Two Japanese Companies Want Beverage Giant Merger

Kirin Holdings, the Japanese beverage company, and Suntory is negotiating for a merger that would create one of the largest beverage producer in the world. Kirin Holdings Co. and Suntory Ltd. Holdings aims to reach an agreement this year, according to the Nikkei business daily reported without naming its source.

Entities of the merger will become the largest producer of soft drinks in Japan and the world with combined sales of 3.8 trillion yen group (U.S. $ 410 billion). The parent company will be greater than Anheuser-Busch InBev, based in Belgium and the Coca-Cola Co. of the United States. The new company will be equivalent to the food and beverage giant Pepsi Co. Inc. and Kraft Foods Inc. It is said, Kirin and Suntory is expected to strengthen their domestic revenue base and accelerate development of overseas market expansion. ”We have worked closely with Suntory in distribution, procurement, and many other fields, but nothing concrete has been decided about a business merger, as reported,” the company said in a statement.

PostHeaderIcon Philips net profit, down 94 Percent

Philips, a big electronics companies from the Netherlands, reportedly earned a net profit 45 million euros in the second quarter of 2009 or fall 94 percent over the same period last year. However, the result was higher than analysts predicted earlier that contact Dow Jones Newswires, who predicted net loss after a 125 million euro net profit 732 million euros in the second quarter 2008.

Philips turnover spent 5.23 billion euros in second quarter 2009 are down 19 percent from 6.46 billion euros in the same period last year. This continued weakening market conditions.”We do not see a significant development in the consumer and professional markets in the last three months,” said Chief Executive Gerard Kleisterlee.He added, “During the quarter, we began to see the positive impact of our financial policy is strict.”Philips announced in January that the company wants to stop the 6000 employees around the world to reduce the impact of global crisis.

PostHeaderIcon Indonesian newspapers still exist, in the midst of global crisis

WAVES bankruptcy papers in the United States also worried about the print media industry players in the homeland. The question arises would the newspapers in Indonesia will experience the same thing?  “To answer that see what the cause of the collapse of newspapers in the U.S.. But in essence, is still far was Indonesia will experience it. Very unlikely,” said Dahlan Iskan, the chairman of the U.S. newspaper publisher (SPS) in a seminar titled Learning Center from bankruptcy in U.S. newspapers in Jakarta, yesterday.  Dahlan believes that the main cause of bankruptcy of the newspapers in the United States is not as the impact of mass media presence online. ”What is the cause rather mismanagement newspaper itself,” said Dahlan. According to Dahlan, the offender management in the U.S. newspaper companies are not doing a case study in response to the decline in their circulation figures. It has also been seen from the bankruptcy of almost 60 percent of U.S. newspaper about 40 years ago.

“The behavior of their management, such as trade management and tofu. They do not use case studies to deal with declining circulation, but rather cover it up with financial solutions,” said Dahlan, who also serves as CEO of Java Pos. Further, Dahlan explains the cause of bankruptcies in the U.S. newspaper when online media is starting to bloom. ”The newspapers so completely unprepared for the arrival of online media,” said Dahlan. Asked the possibility of “infectious” what is experienced by the newspapers in the United States to Indonesia, Dahlan replied with an optimist. ”Very unlikely Indonesian newspapers will wind up as U.S. newspapers. For instance occurs, the impact will be very small,” Dahlan asserted. Several leading newspaper published a “bankrupt” in the U.S., among others, The Philadelphia Inquirer, Philadelphia Daily News, The Miami Herald, The San Francisco Chronicle, The Minneapolis Star Tribune, until The Boston Globe.  Newspapers generally have been standing more than 100 years, and has a print run sold more than 300 thousand copies per day. The main reason for bankruptcy they are advertising that continues to decline, circulation also decreases, causing their debt grow. ”It causes a very unusual complication,” Dahlan added.

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