Re: [Fwd: WQEW make your move])

[Brian Vita <brian_vita@cssinc.com>]

At 11:21 PM 12/27/98 -0500, A. Joseph Ross wrote:
>Brian Vita wrote:
> 
>Well, yes, but there's still room, within those parameters, for a
>corporation to decide that a certain nitch is appropriate for it and for
>what is currently referred to as "corporate culture."  The New York Times
>might be able to make more money by pushing sensationalism and screaming
>headlines, but they have an image, they've done well with it, and it
>works.  
>
>Another good example is the way William Paley occasionally used to get
>behind a show that had poor ratings and keep it on for awhile despite its
>ratings because he liked the show.  He couldn't do it often, and he
>couldn't stay behind a poor-performing show forever, but he could do it,
>even though it reduced the bottom line.
>
While I agree with the first paragraph I have to remind you that corporate
cultures have changed.  The Bill Paleys have given way to the Carl Ikahn
(something like that) who would take a company on a hostile takeover and
pare it down to its profitable threads.  Paley would have been overthrown
the minute he tried something unprofitable.

It is an unfortunate reality that many of the most stable and respectable
corporations have been taken over by the Wall Street Whores.  The bean
counters have taken over the industry and the people that built it have
been pushed out.

Brian


Brian Vita, President
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