The NFL has grown explosively over the past 25 years as TV revenue jumped 700%. The league’s 32 teams now divide $3.8 billion annually under the current round of broadcast deals, which expire after the 2013 season. With ratings at record levels, the next TV contracts are bound to be even more lucrative. Teams that were selling for $70 million in the mid-1980s are now worth $1 billion on average.
Fourteen years, seven books and blockbuster films later, the Harry Potter brand, valued at over $15 billion, is still going strong.
Over 400 million copies of the Harry Potter books have been sold worldwide and translated into 67 languages, making Rowling the first billionaire author.
When a product company turns to real estate development, watch out!
Apple’s proposed headquarters campus will take up a lot of time, attention, energy, and money that might better be put toward staying focused on the business.
Selling foreign-language print books in the United States has always been tough due to high prices, hurdles at customs and the difficulties of transporting physical stock. Barnes & Noble expected that selling foreign-language e-books in the U.S. would work much better—but have been surprised at the demand for them, B&N Manager of International Digital Content Patricia Arancibia said the retailer’s sales of foreign-language e-books are now growing faster than sales of English e-books, she said.
A rare interview granted to Business Week delves into why Dietrich Mateschitz is making a bold move into TV, movies, and magazines.
John Malone, chairman and controlling shareholder at Liberty Media Corp., said Monday he believes Google Inc.'s Android mobile operating system, which powers Barnes & Noble's (BKS) Nook device, could dominate the e-book market in terms of unit sales.
Catholic nuns have made themselves a force in the worldly realm of shareholder activism. In recent years, they have sponsored resolutions at a number of companies, including Citigroup and Goldman Sachs. Now, four order of nuns--The Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, the Sisters of St Francis of Philadelphia and the Benedictine Sisters of Mt Angel, who are all investors in Goldman Sachs--are outraged that the bank's board has decided to pay the top executives so well, reports The Guardian.
The last couple of weeks have been nothing short of a rollercoaster ride for food and beverage giant PepsiCo. First news hit the markets that for the first time—ever—Diet Coke had overtaken PepsiCo as the second-most popular soft drink in the country behind Coca-Cola.