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  #21  
Old 05-29-2014, 09:49 PM
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Rocky Rotella Rocky Rotella is offline
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Quote:
Originally Posted by Terry M. Hunt View Post
When PE folded, then Pontiac was killed off, I had to wonder how much longer HPP could last. Now I know.
Terry, I completely understand your point, but just to clarify, HPP and the dozen other Source Interlink titles that were axed today would have likely continued if it weren't for this occurrence.

http://www.foliomag.com/2014/time-in...s#.U4fkEmdOX4Y

  #22  
Old 05-29-2014, 10:09 PM
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Quote:
Originally Posted by Rocky Rotella View Post
Terry, I completely understand your point, but just to clarify, HPP and the dozen other Source Interlink titles that were axed today would have likely continued if it weren't for this occurrence.

http://www.foliomag.com/2014/time-in...s#.U4fkEmdOX4Y
IMO - This is due to the (as written in the Rocky provided link pointing to the documented) litigation history.
And to me seems more a direct result of COMCAST takeover of TIMEWARNER grabbing 1/3 of USA Cable and Overall Media control. Translation - dictatorship.

Anyone else remember the breakup of "MA BELL" aka Bell Telephone systems? Seemingly we are allowing the same Pre-Breakup market dominating to occur right now that covers TV/Print & Digital Media/Cable/Internet all in a bundled packaged by a single conglomerate.
Ex: COMCAST-Universal-NBC

Dumping entities that make "the deal" sweeter to the investors and pumping up the "curb appeal" of the merger regardless of the collateral damage. Sux!

  #23  
Old 05-29-2014, 10:21 PM
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Rocky Rotella Rocky Rotella is offline
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Unfortunately, no one can speculate how much longer HPP would have or could have continued had the Time issue not occurred, but one thing is for certain, for what was its foreseeable future, the title was in good shape. It was the parent company that went down taking numerous titles with it!

  #24  
Old 05-30-2014, 07:42 AM
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Long term decisions based on short term stock propping have lead to bigger failures than this. HPP will be missed.

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  #25  
Old 05-30-2014, 09:25 AM
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Quote:
Originally Posted by Alvin View Post
IMO - This is due to the (as written in the Rocky provided link pointing to the documented) litigation history.
And to me seems more a direct result of COMCAST takeover of TIMEWARNER grabbing 1/3 of USA Cable and Overall Media control. Translation - dictatorship.

Anyone else remember the breakup of "MA BELL" aka Bell Telephone systems? Seemingly we are allowing the same Pre-Breakup market dominating to occur right now that covers TV/Print & Digital Media/Cable/Internet all in a bundled packaged by a single conglomerate.
Ex: COMCAST-Universal-NBC

Dumping entities that make "the deal" sweeter to the investors and pumping up the "curb appeal" of the merger regardless of the collateral damage. Sux!
What is happening here is that companies are doing M&A to obtain other businesses that are accretive to their bottom line. This is the only way they can now show increases to EPS. They have done all the share buy-backs and cost cutting they can. They can not grow earnings by increasing business b/c the consumer is strapped by inflation or unemployed. Consolidation of business and adding the acquired business' cash to their balance sheet provides the growth. When consolidation is done they hope the economy will have improved enough to resume organic growth.

Nothing personal. Just business. Some stuff has to go when things suck for this long. Weak wildebeest theory.

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  #26  
Old 05-30-2014, 10:00 AM
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JLHarper JLHarper is offline
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Don't beat it up/down to much...it was an excellent magazine for the hobby, but just changing times that has been in play for some time.

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