The Brunch Table

7/20/2007

NYT All-Time Rich List in a nutshell

Filed under: — Nick @ 11:36 pm

The New York Times put out a list of the 30 all-time richest Americans, with capsule biographies and inflation-adjusted fortune stats. Their cute Flash presentation was giving me a headache, though, so I copied out the info by hand:

  1. John Rockefeller - $192 billion - oil
  2. Cornelius Vanderbilt - $143 billion - steamboats -> railroads
  3. John Astor - $116 billion - fur -> real estate
  4. Stephen Girard - $83 billion - smuggling -> banking
  5. Bill Gates - $82 billion - software
  6. Andrew Carnegie - $74 billion - steel
  7. A. T. Stewart - $70 billion - retail
  8. Frederick Weyerhauser - $68 billion - lumber
  9. Jay Gould - $67 billion - stocks
  10. Stephen van Rensselaer - $64 billion - real estate
  11. Marshall Field - $61 billion - retail -> real estate
  12. Henry Ford - $54 billion - cars
  13. Sam Walton - $53 billion - retail -> outsourcing
  14. Andrew Mellon - $48 billion - banking -> aluminum, oil
  15. Richard Mellon - $48 billion - banking -> aluminum, oil
  16. Warren Buffett - $46 billion - stocks
  17. James Fair - $45 billion - mining -> real estate
  18. William Weightman - $44 billion - pharmaceuticals
  19. Moses Taylor - $44 billion - banking
  20. Russell Sage - $43 billion - organized crime -> stocks
  21. John Blair - $43 billion - mining -> railroads
  22. Edward Harriman - $39 billion - stocks -> railroads
  23. Henry Rogers - $39 billion - oil
  24. J. P. Morgan - $38 billion - banking -> politics
  25. Oliver Payne - $37 billion - oil
  26. Henry Frick - $36 billion - steel
  27. George Pullman - $34 billion - traincars
  28. Collis Huntington - $33 billion - retail -> railroads
  29. Peter Widener - $32 billion - railroads
  30. James Flood - $31 billion - mining

By the way, Huntington, WV is named for Collis Huntington. And Oliver Hazard Payne easily takes the prize for best name.

2/11/2007

TSA SKU

Filed under: — Joe @ 6:24 pm

The last time that I boarded an airplane was the very day of the alleged liquid explosives scare. (On that day we ended up just checking all our bags for simplicity’s sake.) As I’ve been packing and shopping for my first air trip since then, I’m surprised that more toiletry makers haven’t added sub-3oz TSA SKUs to their product lines by now. Even the empty plastic bottles that Walgreens had were all 4oz. Is it a conspiracy to keep people buying new supplies at their destination, or just a demonstration of how long it takes to retool the production lines? At least the plastic bag makers know what’s up:

TSA SKU
That’s what I’m talkin’ ’bout.

12/26/2006

The death of the newsstand and the decline in magazine editorial quality

Filed under: — Joe @ 9:53 am

I found this comment by Jerry Johnson buried in all the squabbles on James Howard Kunstler’s doomsaying blog:

Playboy itself, in my view, went down once they embraced forced circulation. In the days when it was very relevant, 80% of the circulation was newsstand. That is readers consciously chose to buy it each month: they were interested in what was presented. This was exceedingly important to advertisers because they knew their message would be read by someone timely interested. Today, barely 10% of the circulation is newsstand. The culprit has been the fundy attacks on local newssstands. They barely exist anymore compared to forty years ago. Who buy’s it? Basically long time readers. It has been overtaken by senility yet still has the same class it always had. Hef refuses to compromise with reader value.

Editors lead their audience. This was the story behind all the major mass market magazines with a message. That ended with the advent of formats like People Magazine. So today, we have mostly specialty magazines like Classic Toy Trains. Hef was the last great editor. Even great newsspaper editors are gone.

Subscriptions killed the magazine as an important information venue. You are muzzled because leading your audience does not increase circulation. It takes the newsstand to get the leadership to generate increased circulation. On the other hand, you only lose circulation via subscriptions because you piss off some percentage every time you take a stance. There are now so few newsstands that critical mass can no longer be generated. You will buy one issue for a hot subject. The same is not true for a subscription.

So, we are stuck with TV and radio.

…well, and my employer’s line of work, relevant internet advertising. I thought it was interesting because I hadn’t thought much about how magazine advertising related to distribution patterns before. Certainly, most of my magazine reading in recent years happened because I got a ridiculously cheap subscription through something like a frequent flyer point offer—and at those prices, you don’t really care if you let them pile up on the coffee table.

Thinking back, I probably did most of my magazine reading in my youth, leafing through the pages of GamePro and Electronic Gaming Monthly in Waldenbooks while my mom did her mall shopping. That seems to be a pretty hopeless segment of the magazine sector these days, where the the internet is now more timely and richer (you can now get HD clips of game footage for free online instead of squinting at screenshots on paper). From what I’ve seen, Ziff Davis Media is doing a good job of developing a portfolio of experiments around their 1up brand, particularly in developing a cult of personality around their writers through blogs and podcasts. When up-to-the-minute raw news is everywhere, commentary from trusted names is a more valuable commodity.

These days, magazines seem best suited for cases where the paper format is really more handy (airplane trips, beauty parlors, reading in bed), and where the content isn’t particularly time-sensitive. O’Reilly has taken the latter in an extreme direction, treating Make magazine like a collectable series of books—you can still buy the first issue new on Amazon.

In any case, Jerry Johnson’s thesis about newsstands is interesting (and credible, since he worked in circulation). While he blames “fundies” for the death of the newsstand, I wonder how much of a role suburbanization played—the withering of walkable areas meant that more people were going to supermarkets (and eventually Wal-Mart) for their magazines, which certainly created larger targets for puritanical pressure. (And since magazines are probably a minor revenue stream for grocery stores, it’s not worth their time and space to have an employee controlling access to more risqué or edgier titles, like you have with newsstands.)

I wonder how different the situation is in Europe? At least in the larger cities, I’ve still seen quite a few newsstands on the sidewalks there.

7/26/2004

Defeat Telephone Robots by Playing Dumb

Filed under: — Joe @ 7:55 pm

Usually, when I get to the point of picking up the phone to call a company, it’s because I’m dealing with a problem that no mere phone robot could possibly help me with. In many cases, pressing “0″ and/or “#” repeatedly or saying “agent” will connect you to a human, but that wasn’t working for me with Citibank today. So when I finally found my way to a person, I asked her if there was any sequence of numbers I could dial to talk directly to a live agent. She said, “sure, just don’t say anything or press any buttons for a while, and you’ll get connected to a person eventually”. When I called back, I actually had to start over because I responded to the prompts without thinking—it’s hard to play dead—but it works!

3/1/2004

Hope it’s not done to death…

Filed under: — Nick @ 6:02 pm

Here’s another rundown on the Grey Album and its adventures in copyright law. Two things make it especially useful, though. First off, at the end of the article, they recap the four criteria that support a claim of fair use:

  1. The new work is for a non-commercial purpose.
  2. The new work doesn’t substitute for a purchase of the original work.
  3. The new work tranforms the material that it borrows in some way.
  4. The new work has a critical perspective on the old work.

(I recently read Clearance and Copyright, by Michael Donaldson; his opinion is that if a work meets enough of those criteria, the claim of fair use will–theoretically–hold up in court. He uses the metaphor of a “shield.” The more criteria that apply to you, the stronger your shield is. It’s especially important which state hears the case, he says–New York state has the country’s best track record of upholding valid fair use claims.)

But the real surprise in the article is this–due to a quirk in federal law, there is no federal copyright protection for sound recordings published prior to 1972! Only state laws protect their use, and the state laws at present are more lenient than the draconian 1976 federal revisions, the first of the Mickey Mouse laws.

So I guess the moral of the story is, if you must sample, use old stuff and do it in New York.

2/4/2004

Eye of the Beholder

Filed under: — Joe @ 11:58 pm

Check out this unintentionally funny/horrifying article by a pampered motivational speaker. He manages to spew 1000 words of free-flowing hostility (disguised as “Service Lessons”) about how poorly he was treated by the airline personnel while trying to change a first-class booking at the last minute. By his own account, it all starts when he snaps at an employee rather than simply answering a question, and he only gets more belligerent each time he opens his mouth. He concludes, perversely, that “I have to act like a jerk to get basic friendly service”.

11/14/2003

Sold Separately

Filed under: — Joe @ 7:22 pm

Back in 1991, the Mystery Science Theater 3000 crew came up with Johnny Longtorso, “the man who comes in pieces“, an action figure that was sold one limb at a time. Well, it’s taken almost a decade, but someone has actually brought the idea to market. Disappointingly, the Stikfas pieces are rather nondescript; no Super Sideburn Add-Ons here, alas. Now Radio Shack is bringing this idea to the perfect market with their new line of everything-sold-separately remote-controlled cars. Me? I’ll stick with the ultimate in customizable toys, old-skool Legos.

10/23/2003

Subcontractors All The Way Down

Filed under: — Joe @ 11:12 am

Interesting story about a triumph of free-market capitalism in health care: the transcription of some patient records at UCSF Medical Center was being sub-sub-sub-contracted out to a woman in Pakistan. When someone in the middle of the chain (allegedly) became a deadbeat employer, the woman actually doing the work threatened to post patient records to the internet unless she was paid.

4/25/2003

Over The Top

Filed under: — Joe @ 1:34 pm

Note to CEOs: if you challenge someone to an arm-wrestling duel to settle a business dispute, be sure you’ve got the brawn to back it up. Recently, TeamTalk chief David Ware lost his challenge to MCS Global Digital over network sharing rights. Then, yesterday’s USA Today article about naked pilots mentioned that Southwest founder Herb Kelleher once lost an arm-wrestling bout over the rights to an advertising slogan. What is with these people?

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