Ad Revs Fell 22 Percent at Time Inc in 2009

first_imgAfter shedding its Time Warner Cable and AOL units last year, Time Warner reported full-year 2009 operating income of $4.5 billion, compared to an operating loss in 2008 of $3 billion, which included Time Inc.’s $7.2 billion in impairment charges. Revenues declined 3 percent to $25.8 billion.Operating income during the fourth quarter was $1.2 billion while revenues were $7.3 billion, an increase of 2 percent.During the earnings call, Time Warner CEO Jeff Bewkes said the company in 2010 will “leverage our brands and scale to make the most compelling content, improve our efficiency, expand internationally and accelerate the digital transition in our businesses.” He said the company is evolving new business models, including a program called “TV Everywhere” and the digital storefront initiative headed by former Time Inc. executive vice president John Squires.As of December 31, Time Warner carried about $65.7 billion in total assets and approximately $15.3 billion in long-term debt. Time Warner reported Wednesday that its publishing unit, Time Inc., generated $3.7 billion in revenue in 2009, down 19 percent from 2008. Those losses were fueled largely by a 22 percent  or $541 million decline in advertising revenue. Meanwhile, subscription revenues declined 13 percent for the year and other revenues fell 24 percent.Time Inc. generated a $246 million operating profit in 2009, up from a $6.6 billion loss in 2008—the result of $7.2 billion in non-cash impairment charges. The results for 2009 included $92 million in restructuring charges during the fourth quarter. It reported an operating income of $79 million on $1.1 billion in revenues during last year’s fourth quarter, a decline of 13 percent compared to the same period last year.In November, the publisher was said to have eliminated as many as 500 positions from its overall workforce. It eliminated roughly 600 staffers from its workforace at the end of 2008. Last summer, Time Inc.’s Lifestyle Group closed 32-year-old luxury lifestyle magazine Southern Accents.last_img read more

CSKs papa power After Ziva Harbhajans daughter sports adorable cheer Video

first_img Close IPL 2018: Chennai Super Kings reclaim throne Chennai Super Kings may be a team of experienced players but the franchise is not short of young supporters as the kids of the team members are making up for the youthful exuberance that age might have taken from some of their fathers.The latest star kid to join the father is Hinaya Heer Plaha, daughter of CSK cricketer of Harbhajan Singh. In a recent video, Bhajji’s wife Geeta Basra can be heard asking Hinaya who she will be supporting during the match between CSK and Kolkata Knight Riders. To the question, Hinaya responds saying ‘papa’ meaning father. Geeta subsequently asked which team her father plays for in the Indian Premier League and Hinaya started chanting ‘CSK CSK’ while sporting an adorable smile.The cute reason behind #BhajjuPa’s jersey number chanting the magical 3-letter mantra! #Hinaya #WhistlePodu #Yellove #CSKvKKR @harbhajan_singh VC: @Geeta_Basra ?? pic.twitter.com/aVpjTbtziG— Chennai Super Kings (@ChennaiIPL) April 9, 2019Hinaya’s support was well received by her father on the pitch as he helped CSK beat KKR convincingly to reclaim top spot on the points table from the Kolkata outfit. After CSK won the toss and elected to bowl first, Bhajji was tasked with bowling to Sunil Narine in the batting power play. Narine has historically been extremely potent at plundering spinners during the power play. The West Indian had till the CSK game hit 111 runs in 5 overs of spin bowling.But Bhajji used all his experience to not bowl in Narine’s hitting arc as he tossed the ball up, slightly away from the batsman on a good length at minimal speed and allowed the sluggish Chennai pitch to take over. The ball subsequently held up on the surface, turned and took the outer slice of Narine’s willow as he advanced down the track to tonk the ball over long off. The ball ballooned up and Deepak Chahar ran towards the boundary from backward point to take a smart catch. Harbhajan Singh TwitterBhajji also dismissed Piyush Chawla at a crucial juncture in the innings when a partnership between the leggie and Andre Russell was threatening to take the game away from CSK. Coming to bowl in the 16th over when Chawla was looking to break free, Bhajji outfoxed his 2011 World Cup winning teammate by tossing a ball so wide of off stump that an advancing Chawla could not reach it. MS Dhoni completed the stumping to help his off-break bowler finish with figures of 2-15 in 4 overs.Bhajji also took a sharp catch in the match against KKR at midwicket to dismiss Dinesh Karthik when the KKR captain had found his groove and was milking the bowling in his usual manner. CSK went on to win the match by 7 wickets as their batsmen chased down the paltry total of 109 with more than 2 overs to spare.center_img IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:02/1:04Loaded: 0%0:03Progress: 0%Stream TypeLIVE-1:02?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …last_img read more

New theory shows oneway transmission materials should be possible for sound and

first_img(PhysOrg.com) — Physicist Stefano Lepri of the Italian National Research Council and his partner Giulio Casati of the University of Insubria, have published a paper in Physical Review Letters, where they demonstrate through mathematical theory that it should be possible to create asymmetric materials that allow most light or sound waves to pass through in one direction, while mostly preventing them from doing so when going the opposite way. Scientists have for years been trying to figure out if it was possible to get around the reciprocity theorem, which states that identical waves passing through the same medium should behave the same way regardless of direction. If such a feat were possible, true one-way mirrors could be created, or soundproof rooms, or taking it further, quantum computers that use light to perform calculations.Lepri and Casati, in their paper, propose the idea of constructing a material composed of several layers of ordinary linear material, such as glass or plastic, but that also has two nonlinear layers of material in the center. They then showed that because waves travel best through material when their frequency has a certain resonance with the material it passes through, it should be possible to create a nonlinear material that is fine tuned to allow the maximum amount of waves to pass through for a certain frequency, going a certain direction; but which would not generally be the case for waves traveling in the opposite direction. The result would be a material that lets through most of the waves traveling in one direction, but not the other.If such materials could be created, scientists envision not just custom building materials that could control how much heat or light comes through, while still allowing people to see out, or true one-way mirrors, or houses made with rooms that are nearly perfectly sound proof, but perhaps wave diodes that could be used in the same way as electronic diodes that allow current to run just one way through a system; paving the way for computers that operate at speeds we can only dream of today.Neither Lepri and Casati, nor anyone else has yet come up with a nonlinear material that can be fine tuned to provide the custom resonance required to create such a material, however, so for now, this new science is still just theory; the authors believe it’s just a matter of time though. © 2010 PhysOrg.com Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.center_img Citation: New theory shows one-way transmission materials should be possible for sound and light waves (2011, May 3) retrieved 18 August 2019 from https://phys.org/news/2011-05-theory-one-way-transmission-materials.html More information: Asymmetric Wave Propagation in Nonlinear Systems, Phys. Rev. Lett. 106, 164101 (2011) DOI:10.1103/PhysRevLett.106.164101AbstractA mechanism for asymmetric (nonreciprocal) wave transmission is presented. As a reference system, we consider a layered nonlinear, nonmirror-symmetric model described by the one-dimensional discrete nonlinear Schrödinger equation with spatially varying coefficients embedded in an otherwise linear lattice. We construct a class of exact extended solutions such that waves with the same frequency and incident amplitude impinging from left and right directions have very different transmission coefficients. This effect arises already for the simplest case of two nonlinear layers and is associated with the shift of nonlinear resonances. Increasing the number of layers considerably increases the complexity of the family of solutions. Finally, numerical simulations of asymmetric wave packet transmission are presented which beautifully display the rectifying effect. Physicists rotate beams of lightlast_img read more