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CONSOLIDATION

The Wire

New Era Cap Co. going from 3 plants to 1

New Era Cap Co., which supplies Major League baseball players and celebrities, said Thursday that low consumer demand is forcing the consolidation of its U.S. manufacturing operations from three plants into one.

Sprint's Hesse mum on consolidation rumors

Sprint Nextel Corp.'s chief executive said Thursday that consolidation in the wireless industry may be coming but it will be difficult.

Sprint CEO Hesse stays mum on consolidation rumors

Sprint Nextel's chief executive isn't commenting on a report that it may again be a takeover target of Deutsche Telekom AG.

Fewer players in wireless could rein in price cuts

How many wireless carriers do we need? It's a question that's popping up again as T-Mobile USA is said to be looking at buying Sprint Nextel Corp.

Cummins to consolidate filter plants, cut jobs

Cummins Filtration, a division of diesel engine manufacturer Cummins Inc., said Tuesday it is consolidating a "significant" portion of its North American filter assembly operations into one of its Mexican plants over the next several months, meaning the loss of about 400 jobs.

GM says 15 to 20 dealers get reprieve from closure

Up to 20 General Motors Corp. dealerships have been spared the death penalty after the company reviewed their cases and reversed plans to end their franchise agreements, a top GM executive said Tuesday.

2 central Pa. newspapers to combine operations

Two central Pennsylvania newspapers that share both a corporate owner and a newsroom plan to consolidate operations and publish a combined edition starting in June, a move expected to lead to dozens of layoffs.

3 'superbanks' now dominate industry

The financial crisis that has been sweeping the globe has reshaped nearly every corner of the economy, but no industry has been altered more radically than banking.

NY Times to combine some sections in metro area

The New York Times plans to reduce the number of standalone sections of the New York metropolitan editions of the newspaper, a move designed to save money by cutting labor costs.

Car Dealers Pressured to Combine

For years, the Warren Central High School Warriors have counted on Gene Beltz's Shadeland Dodge for support.

Chrysler to Cut Models, Dealerships

Chrysler LLC could reduce its vehicles and dealerships significantly under a tentative plan called Project Genesis, a Chrysler dealer in Texas said Friday.

Northwest CEO Addresses Merger Rumors

The chief executive of Northwest Airlines says his carrier could benefit from a merger — if it's the right deal.

High Fuel Costs Could Spur Airline Deals

Airline executives have talked about consolidation in their industry for several years, even though they know successful combinations are about as elusive as an on-time flight on a Friday afternoon.

The Vine
America's Teacher:A conversation with Michael Moore about "Capitalism:A Love Story
Source: The Nation

Naomi Kein: Well, I want to push you a little bit on this, because I understand what you're saying about the way he's (Obama) lived his life and certainly the character he appears to have.

Mediacology: Lloyd Kaufman on media consolidation
Source: mediacology.com

A 5 minute rant about media consolidation, some humerous, some legitmate arguements.

What has come of our government?

Would someone please tell me as to why we are tolerating a governent that wants to appoint nothing but criminals, all that seems to be on the news lately is so and so withdrew their intrest for personal reasons.

And Then There Was One
Source: Newsweek

So this is how it ends for Detroit? After more than a century of putting the world on wheels, the American auto industry collapses amid squabbling over clueless CEOs and their private jets? Not necessarily. There is another way forward: the Big Three could become the Big One.

Judge Bars Lawyer From Doing Debt Consolidation Work
Source: NBC6.net

A lawyer is put out of the debt consolidation business.

Bush's last 100 days the ones to watch - Jesse Jackson (Chicago Sun Time)
Source: Chicago Sun-Times

Bush and Vice President Cheney represent a failed conservative era -- and they know it.

Consumers Feel the Next Crisis: It's Credit Cards .Watch the interest...
Source: The New York Times

Lenders wrote off an estimated $21 billion in bad credit card loans in the first half of 2008 as more borrowers defaulted on their payments.

What to Read While the Junta Consolidates by Karen Kwiatkowski
Source: LewRockwell.com

A review of Army of the Republic by pentagon whistleblower Karen Kwaitkowski.

Bailout: Consolidation of Power in Plain Sight

The $700 Billion bailout package for Wall Street isn't exactly small news. It's on the lips and minds of millions of Americans. Soon, Congress will push through America's largest taxpayer-funded Wall Street bailout in decades.

Revamp of U.S. spy agencies shifts power
Source: The L.A. Times

The Bush administration unveiled a long-awaited reorganization of the U.S. intelligence community Thursday, boosting the authority of the director of national intelligence but prompting sharp criticism from congressional leaders who said they were not consulted on the changes.

3.6% student loans: Consolidate now (from MarketWatch)
Source: MSN

People who haven't yet consolidated their variable-rate federal student loans have a great opportunity to do so: The interest rates on these loans are about to plunge 3 full percentage points.

Future of Music Coalition Blog: The Effects of Media Consolidation on Urban Radio — Part I
Source: futureofmusiccoalition.blogspot.com

"This piece gives an overview of how urban radio came to be, and shows that the hip-hop community has not been spared the negative effects of media consolidation — including a loss of localism and diversity on the dial."

Vigin says more consolidation on the horizon
Source: Reuters

The head of Virgin Mobile says that he expects more consolidation in the U.S. telecommunications industry.

Senate Votes to Roll Back Media Ownership Rule
Source: ABC News

The Senate seeks to get rid of a FCC rule that allows media companies to own a newspaper and a television station in the same market.

Media Ownership
Source:

What media consolidation will do to both national and local news. Many people are fooled into believing that there are currently many diverse views and outlets, without knowing that a few large corporations own the majority of these channels.

NEWSFLASH: Weekly Standard says media consolidation good for journalism
Source: Campaign Standard

Should you ever want to think for yourself, don't bother- thats this guy's job. After an hour on the sofa, the Weekly Standard's Stephen Hayes' has the pros and cons of media consolidation all figured out.

The glory days of the FCC
Source: The Nation

"To the extent that the ownership of and control of...broadcast stations falls into fewer and fewer hands, the free dissemination of ideas and information, upon which our democracy depends, is threatened."

Murdoch Taking on F.C.C. Media Rule - New York Times
Source: The New York Times

Rupert Murdoch is working on acquiring Newsday, which will cause him to pose the first problem to the new ownership rule the Senate voted on for the FCC.

Obama --Let's Challenge the Murdochization of Our Media - Yahoo! News
Source: Yahoo! News

Barack Obama said if he becomes President he will would instill strict policies and watch the media industry closely as consolidation increases.

Senate votes to roll back media ownership rule - sacbee.com
Source: The Sacramento Bee

The Senate voted Thursday to nullify the FCC rule where media companies can own a newspaper and a TV station in the same market.

Cablevision buys Newsday from Tribune for $650M
Source: The Boston Globe

Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co.

Ask.com Buys Owner of Dictionary.com
Source: The New York Times

MEDIA CONSOLIDATION: Ask.com, owned by Barry Diller's IAC/InterActiveCorp, plans to announce Thursday that it has agreed to acquire privately held Lexico, which owns Dictionary.com, as well as Thesaurus.com and Reference.com.

Yahoo's Chairman Disputes Icahn's Accusations
Source: The New York Times

MEDIA CONSOLIDATION: Yahoo's chairman, Roy Bostock, rejected late Thursday accusations from the billionaire investor Carl C.

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