AMI Reports Strong Quarter

first_imgAMI saw a 7 percent decrease in expenses, according to chief financial officer Dean Durbin, who attributed the strong results to cost-reduction and revenue-enhancement goals outlined in AMI’s “management action plan” in February 2007.The turnaround comes at a particularly interesting time for AMI. In December, a sale of the company to Ron Burkle’s Source Interlink was reportedly imminent, but has stalled in 2008.Last month, the company swapped CFOs, with Durbin, a former CEO at Vertis Communications and a b-to-b publishing veteran of Thomson and McGraw-Hill, becoming AMI’s sixth CFO in four years. American Media Inc., a company whose troubles making financial filing deadlines are well documented, has reported strong earnings for third quarter of fiscal year 2008.According to AMI’s filing late last week, revenue for the third quarter of fiscal year 2008 was $115 million, as compared to $107 for the same period in 2007—a 7 percent increase. For the nine months ended December 31, 2007, revenues were $368 million, compared to $346 million in the prior year—a 6 percent increase. The publisher of Star, National Enquirer, Shape and Men’s Fitness attributed the boost to increases in advertising and newsstand revenue. According to Publishers Information Bureau (PIB) figures, Shape’s ad pages increased by 13 percent in 2007, Star and Men’s Fitness by 25 percent. AMI’s reported operating income for the third quarter of fiscal year 2008 was $17 million, compared to a loss of $302 million in the third quarter of fiscal year 2007. (For the nine months ended December 31, 2007, operating income was $75 million, as compared to a loss of $275 million in the prior year.) The company also doubled its EBITDA for the third quarter of fiscal year 2008 was $24 million, as compared to $12 million in the third quarter of fiscal year 2007. For the nine months ended December 31, 2007, EBITDA was $95 million, as compared to $56 million in the prior year period.last_img read more

Have Hyderabadi cricketers actually been treated unfairly

first_imgVVS Laxman’s retirement came all of a sudden in 2012ReutersAmidst all the debate that took place around the absence of Ambati Rayudu and Rishabh Pant from the Indian ICC 2019 World Cup squad, what stood out most was Rayudu’s tweet. But even more interesting was the retweet by another out-of-favour Indian cricketer – Pragyan Ojha.The left-arm spinner last represented India in Sachin Tendulkar’s farewell series against West Indies in late-2013. Interestingly, he was the man-of-the-match in his last Test. Ojha retweeted the comments of Rayudu and added his own views to it.Now, Ojha didn’t reveal who are those ‘Hyderabadi cricketers’ that have been in ‘similar situations.’ But does he have a point when he suggests that cricketers belonging to this proud city have had a raw deal?If we look at the most prominent cricketers from Hyderabad, one can find grievances that all of them can have. But that doesn’t necessarily mean that there is any systematic bias against these cricketers. However, let’s first look at these prominent names and their possible complaints.Mohammad AzharuddinIt is very difficult to have sympathy for this legendary batsman from Hyderabad. After all, many would say it were his own actions that led to his career ending in disgrace. While the courts may have acquitted him and there are not any official sanctions against the former India captain, he still carries the taint of match-fixing. However, he can carry the grouse of not being allowed to play his 100th Test and being forced to end his career with 99. Of course, that is a partisan view.VVS LaxmanOne of the most aesthetically pleasing players in the world and a true match-winner, Laxman’s exit from the team was very, very surprising (pun intended). In 2012, he was picked in the Indian Test side to face New Zealand in a two-match home series. But all of a sudden, VVS announced his retirement. Speculation was rife that he had been told by the selectors that this would be his last series and he responded by ending his career himself. How much truth there was in these rumours, we don’t know. But it has to be said that Laxman’s form had declined substantially in the last year of his career and his place in the team was under doubt. But for hard-core fans of the batting wizard, that won’t be any consolation. Pragyan Ojha (L) put out a tweet suggesting Hyderabadi players getting a raw dealBCCIPragyan OjhaNow we come to the main aggrieved party. Does Ojha have reason to feel hurt by the selectors? He certainly does. The Orissa-born cricketer had become a regular member of the Indian Test team by late 2010 and was acting as a deputy to Harbhajan Singh. But for some reason, Indian selectors convinced themselves that he cannot do well on non-Asian pitches. Every time India needed a second spinner outside the sub-continent, they went to Amit Mishra – be it the South Africa tour of 2010-11 or England tour of 2011.Ojha, in order to prove his worth on non-friendly pitches, played a season of county cricket for Surrey in 2011. Even the former India captain Sourav Ganguly was impressed with his performances in English conditions. But the selectors kept ignoring him and when they decided to replace Ashwin during the South Africa tour of 2013, they went to Ravindra Jadeja and not Ojha.But even before that, the left-arm spinner was getting a raw deal from his team. After emerging as India’s best bowler in the four-Test series against England in 2012, he was dropped for the first two matches of the next series – vs Australia. Imagine the highest run-scorer from a series getting dropped for the first half of the next series. It seems impossible but this is exactly what Ojha faced.His problem got compounded when the ICC decided to crack down upon suspicious bowling actions and he too had to undergo remodelling. But since then, Ojha has made a comeback but without the selectors giving him another opportunity. So, one can understand why he feels aggrieved. Among all the Hyderabadi cricketers, it’s this one who has been treated most unfairly by the selectors and team management.last_img read more

Black Panther Continues Reign Atop DVD Bluray Disc Sales Charts

first_imgMarvel’s “Black Panther,” distributed by Walt Disney Studios, held back a pair of newcomers to handily top the home video sales charts for a second consecutive week.The top new release on NPD VideoScan overall disc sales chart, which tracks combined DVD and Blu-ray Disc unit sales, and the dedicated Blu-ray Disc chart the week ended May 26 was 20th Century Fox’s spy thriller “Red Sparrow,” which debuted at No. 2 selling 22% as many discs as the returning superhero actioner.“Sparrow” stars Jennifer Lawrence as a Russian ballerina who is forced into becoming a seductive secret agent after her dancing career is cut short due to injury. It earned $46.9 million at the domestic box office.No. 3 on both charts was Warner’s “Game Night,” a comedy about a group of friends who are caught up in a life-and-death caper that they believe is an elaborate role-playing game. It took in $68.9 million at U.S. theaters. Top 10 Media Play News rental chart for the week ended 5/27/18:1. Game Night (new)2. Black Panther3. 12 Strong4. Peter Rabbit5. Den of Thieves6. Fifty Shades Freed7. Jumanji: Welcome to the Jungle8. The Greatest Showman9. Maze Runner: The Death Cure10. Early Man (new)For complete sales and rental charts, visit MediaPlayNews.com ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Rounding out the top five on both charts were Universal Pictures’ “Fifty Shades Freed” at No. 4 and Fox’s “The Greatest Showman” at No. 5.Three other new releases managed to crack the top 20, led by Warner’s “The 15:17 to Paris,” which bowed at No. 6 overall and No. 8 on the Blu-ray Disc sales chart. The Clint Eastwood-directed docudrama, which earned $36.3 million domestically, tells the story of the three American servicemen (playing themselves) who foiled a terrorist attack on a European train in 2015.Debuting at No. 11 (No. 14 on the Blu-ray Disc Sales chart) was the Image Entertainment fantasy “I Kill Giants,” followed by Lionsgate’s “Early Man,” a stop-motion animated film from the creators of “Wallace and Gromit,” at No. 12 (No. 13 on the Blu-ray chart).Universal’s re-release of the four “Jurassic Park” films in a 4K Ultra HD Blu-ray boxed set pushed the “Jurassic Park Collection” back onto the charts at No. 15 overall and No. 11 on the Blu-ray charts. The new 4K edition accounted for 73% of total unit sales of the four-movie set. A fifth film, “Jurassic World: Fallen Kingdom,” is slated for theaters June 22.Among the new releases, “Red Sparrow” saw 62% of its total copies sold in the Blu-ray format, with 12% of the total being in the UHD format. Blu-ray accounted for 48% of “Game Night” and “I Kill Giants” sales, 45% for “15:17 to Paris,” and 50% for “Early Man.”For the second week of “Black Panther,” Blu-ray contributed 68% to its total copies sold, with 11% from UHD Blu-ray.On the Media Play News rental chart for the week ended May 27, “Game Night” debuted at No. 1, with “Black Panther” slipping a spot to No. 2.Warner’s “12 Strong” dropped to No. 3, while Sony Pictures’ Peter Rabbit and Universal’s Den of Thieves held onto No. 4 and No. 5, respectively.“Early Man” entered the rental chart at No. 10.John Latchem is executive editor of Media Play News.Top 20 NPD VideoScan First Alert chart for the week ended 5/26/18:1. Black Panther2. Red Sparrow (new)3. Game Night (new)4. Fifty Shades Freed5. The Greatest Showman6. The 15:17 to Paris (new)7. Star Wars: Episode VIII — The Last Jedi8. Peter Rabbit9. Deadpool10. Thor: Ragnarok11. I Kill Giants (new)12. Early Man (new)13. Jumanji: Welcome to the Jungle14. 12 Strong15. Jurassic Park Collection16. Coco17. Maze Runner: The Death Cure18. Rick and Morty: Season 319. Spider-Man: Homecoming20. Justice League Popular on Variety last_img read more

Study of rock samples suggests Campi Flegrei could be reentering a new

first_img © 2018 Science X Network 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. A view of the Campi Flegrei caldera from Posillipo hill. Credit: Francesca Forni Journal information: Science Advances Explore further Campi Flegrei volcano eruption possibly closer than thoughtcenter_img More information: Francesca Forni et al. Long-term magmatic evolution reveals the beginning of a new caldera cycle at Campi Flegrei, Science Advances (2018). DOI: 10.1126/sciadv.aat9401 A team of researchers from ETH Zürich, Cardiff University, Istituto Nazionale di Geofisica e Vulcanologia and Sapienza-Università di Roma has found evidence that suggests Campi Flegrei could be re-entering a phase of pressure buildup. In their paper published in the journal Science Advances, the group describes their study of rock samples collected from the area and what they found. Citation: Study of rock samples suggests Campi Flegrei could be re-entering a new phase of pressure buildup (2018, November 15) retrieved 18 August 2019 from https://phys.org/news/2018-11-samples-campi-flegrei-re-entering-phase.html The Phlegraean Fields (part of which is known as Campi Flegrei) is an area located near the western coast of Italy that has a long volcanic history—there are 24 craters and other land shapes in the vicinity that have come about due to eruptions. The most recent eruption was not very violent but it did create a mountain in the area back in 1583—it has been named, Monte Nuovo. Notably, Campi Flegrei is also close to Naples—to the west. Vesuvius is to the east. In this new effort, the researchers have been studying rock samples collected in the area to learn more about the history of eruptions. By learning more about the conditions that lead up to eruptions, volcanologists hope one day to figure out how to predict eruptions.Prior research has shown that Campi Flegrei experienced two major eruptions over the past 60,000 years—one approximately 15,000 years ago, and one 39,000 years ago. Both have been described as cataclysmic, offering a hint of what might occur should the volcano erupt similarly today—the area is home to approximately 1.5 million people. There have also been numerous smaller eruptions. What they all have in common are changes to rocks, glass and minerals that are moved from underground to the surface by geologic forces. The researchers studied rocks known to have been blasted or forced from the ground due to multiple eruptions and then compared them to see if they could spot patterns.The researchers found evidence suggesting that Campi Flegrei might be entering a new phase of pressure buildup—one that could potentially precede an eruption. But they also note that they found no evidence that suggests the volcano might erupt any time soon. The type of build-up they describe occurs over hundreds or thousands of years.last_img read more