Few industries would routinely pay millions per unit of an item, sight unseen, with minimal (and sometimes no) market research. So how can the TV business afford to operate this way? To understand the economics of scripted television, we need to examine the idiosyncratic journey of a show from concept, to pitch, to script, to screen. And we’ll see why, in a business where only a few hits stand out any given year, lavish spending is the cost of staying relevant. -- The Economics of a Hit TV Show
posted by Potomac Avenue
on Oct 23, 2013 -
Quality - $448.92/oz
Medium Quality - $341.42/oz
Low Quality - $183.36/oz
posted by swift
on Sep 21, 2010 -
In late November Costco began a price dispute
with Coca-Cola and very publicly announced that Costco would no longer carry
Coke products at the current prices. Costco went so far as to stack pallets of Pepsi products near the entrance to warehouses with signs explaining the decision. The dispute has been settled
with Coke products reappearing
on Costco shelves at a new, lower, price.
posted by ericales
on Dec 15, 2009 -
There's been much talk about the Supreme's decisions on desegregation
and free speech
, but another ruling with broad consumer impact has gone relatively unnoticed. In a 5-4 decision
[PDF], the U.S. Supreme Court struck down a 96-year-old ban
on minimum pricing agreements between manufacturers and retailers. Dissenting opinion believes that this ruling will hurt consumers, raise prices and keep new retailers out of the marketplace. The 1911 ruling that was overturned was Dr. Miles Medical Co. vs. John D. Park & Sons
which decided that it is always illegal for a supplier to dictate minimum prices to a retailer.
posted by dejah420
on Jun 29, 2007 -
The Global Housing Price Bubble
is bursting. Prices are already declining in Australia and Britain. The Economist has another story
that outlines how a global bursting of this bubble could be deleterious to the world's economy. The bubble is bigger than the stock market bubble of the late 90s. Will there be a smooth landing or will spending collapse when it cannot be funded on housing price gains?
posted by sien
on Jun 16, 2005 -
In a move
sure to please independent record store owners and further alienate everyone else, music giant Universal has scrapped its to lower CD prices to a MSRP of $12.98. Just when you thought they might be getting it
posted by keswick
on Sep 24, 2003 -
. The meaning of which brings either joy, bewilderment or disgust
. Several retailers have sent DMCA notices to several deal hunting sites
forcing them to remove any ads or information that reveal any specials that will be offered. WTF!? What other inane uses will the DMCA
be used for?
posted by the biscuit man
on Nov 21, 2002 -
Good reason to move.
(Or not, as the case may be.) Lessee, if I make $45k per year and own a little house in Athens GA I'd have to make $67K in Atlanta, $89K in DC, $133K in SF, $150K in Manhattan. No wonder all my friends who did
move to Manhattan are all stark, staring bonkers now.
posted by jfuller
on Aug 30, 2001 -
Unocal seems responsible
for driving up gas prices by taking shameless advantage of regulations and patent law. Why did our government get ambushed by a basic loophole that any first-year lawyer would think of? Maybe it's involved with too many things to do anything right?
posted by marknau
on Aug 29, 2001 -
If you're on the road this summer and on a budget, you might want to check out Gas Price Watch
. Volunteers report on gas prices in their area around the country and in Canada.
posted by aflakete
on Jun 1, 2001 -