|
|
Article: Ocean Drive: Jerry Powers taps a banker to watch the numbers as he looks to expand his media and marketing empire.
- Article from:
- South Florida CEO
- Article date:
- March 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 CEO Publishing Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Jerry Powers hears the rumors. His Ocean Drive Media Group is losing money. Advertising at titles such as Ocean Drive magazine is down because of the turn in the real estate market. His Spanish-language magazine partnership with Emilio and Gloria Estefan is dragging the whole enterprise down. He is expanding too much, too fast.
"I always hear about once a month that we are going out of business, when we've just had the biggest quarter of our lives," says the founder and CEO of the Miami Beach-based lifestyle magazine publisher. "We're making money. We're making crazy money. We've doubled our revenues between '04 and '05."
During 2005, (the most recent ...
Related newspaper, magazine, and journal articles:
|
|
Article: STUNNER; Mercedes-Benz floats the Ocean Drive ...
AutoWeek;
February 12, 2007 ;
700+ words
... ... Show in Detroit, it morphed into the Ocean Drive, a one-off that Mercedes says was ... luxury convertibles. Officially, the Ocean Drive is a "design study,'' indicating ... Stuttgart will build some variation of the Ocean Drive if reaction is strong enough, so maybe ...
|
|