The News Review:
- Madoff Spotlight Turns to Role of ffshore Funds
- Viacom Time Warner Cable settle contract dispute
- Kentucky Internet Gaming Case May Affect New York Disputes
- An anniversary for Channel 2
- Recession steals PR and ad agency jobs
- WILL HILL CMPLETES PLAYTECH TRANSACTIN
- CDI Lawsuit Active Despite Agreement
Madoff Spotlight Turns to Role of ffshore Funds
New York Times United States
ther offshore entities involved are affiliated with Tremont Group Holdings which had $3. 3 billion invested and several Swiss banks including Union Bancaire Privée and Banc Benedict Hentsch & Cie. Fairfield Greenwich operates affiliates in offshore havens like the Cayman Islands. At another affiliate in Bermuda Amit Vijayvergiya Fairfield Greenwich’s chief risk officer managed flows into Sentry its largest fund that was a main recipient of money that had been invested with Mr. It also runs Fairfield Sentry in Ireland one of Europe’s largest offshore havens and a joint venture in Singapore a leading Asian haven called Lion Fairfield Capital Management. A spokesman for Fairfield Greenwich declined to comment about the offshore operations.
Viacom Time Warner Cable settle contract dispute
Los Angeles Times CA
Time Warner Cable’s stock fell 31 cents to $21. The dispute underscored how important cable affiliate fees have become to cable programmers such as Viacom particularly during an economic recession and a downturn in advertising revenue. “A 12% increase on a multiyear deal doesn’t seem that significant” said Derek Baine an analyst with SNL Kagan. “But the challenge is we are in a difficult economic climate and it’s getting harder for the cable operators to pass these costs along to consumers.
Kentucky Internet Gaming Case May Affect New York Disputes
Poker News Daily NV
Its Chairman Joe Brennan described why the State of New York and Amazon may soon be at odds: ?What New York is trying to do is look for new revenue streams. They see the internet as an untapped source for revenue. What you have is the state legislature in New York set to establish the tax policy for the whole of the internet by treating affiliate marketers as full extensions of the companies they represent. ? Affiliates drive traffic to Amazon through links placed on their own websites. Some of these affiliates are based in New York even though Amazon itself has no physical presence there. In the case of Apple New York is trying to solicit 5% of the purchase price for downloadable digital content. Brennan explained ?Apple would be on the hook for collecting that tax and then paying it to the State of New York.
An anniversary for Channel 2
Houston Chronicle United States
July 18 2008 — Channel 2 begins airing its newscasts in HDTV. Sources: The Fault Does Not Lie With Your Set (H&C Communications 1989) Chronicle files. With advertising downturns a slumping network affiliate the impending switch to digital transmission and the normal strains of keeping pace in a competitive environment these are stressful times at KPRC (Channel 2). But that’s nothing new. In point of fact troubled times were the order of the day that Channel 2 debuted as Houston’s first television station 60 years ago on Jan.
Recession steals PR and ad agency jobs
News & bserver NC
and it could get tougher” he said. “None of us really know. FWV Distilled’s business was boosted recently by the addition of new clients including a start-up brewery in Kinston Mother Earth Brewing Co. and Intrahealth International a Chapel Hill nonprofit that promotes health in impoverished countries said Adam Cohen executive creative director. The agency’s clients also include AstroTurf and the CIAA or Central Intercollegiate Athletic Association.
Related from Rop-jo: Poland tops Liberty
WILL HILL CMPLETES PLAYTECH TRANSACTIN
RecentPoker NY
As part of the transaction the newly created William Hill nline entered into a contract with Playtech for a minimum of five years for the provision of online gaming software for poker and casino with an option to move into other product areas. The transaction combines two highly complementary businesses. William Hill Interactive brings strength of brand sports betting expertise and an established UK customer base and profit stream. The Purchased Assets bring online marketing and customer retention expertise an extensive affiliate network and an established European customer base and profit stream.
CDI Lawsuit Active Despite Agreement
BloodHorse KY
and Wilson Shirley. There has been little court filing activity by any party in the lawsuit in the last few months. Certain defendants that included the Florida Horsemen’s Benevolent and Protective Association and affiliate members were dismissed by CDI in July. Flanery said the timing of announcing the agreement (after traditional business hours were over on New Year’s Eve) had nothing to do with a sense of urgency on either party to resolve matters before year-end. “We all were trying to get things done” he said. “We all hoped it would get done by the end of the year. But there wasn’t anything specific that said it had to be completed it by then.