A Sound Business
Total Page:16
File Type:pdf, Size:1020Kb
C Business Classified C9 The Boston Globe Friday, April 1, 2005 Markets For updates:www.boston.com/business Bank to rename theater 37.17 6.44 Boston shows, tickets, and the ability to not accept Clear Channel’s first pitch in POINTS POINTS Opera House sponsor community events. 2003. ‘‘We’re pretty excited about this,’’ said Smyth said the bank plans to use the pact to enhance Robert E. Smyth, Citizens’ chief execu- sponsorship to host customers and to DOW JONES NASDAQ tive in Massachusetts. ‘‘It helps with the give away tickets to community groups. Citizens’ image continued revitalization of the Washing- It is planning a special event for non- 10,503.76 1,999.23 ton Street area.’’ profits, which will include an open By Sasha Talcott Terms of the deal were not disclosed. house, performances and theater class- US DOLLAR ¤0.771 ▼ 0.003 GLOBE STAFF Clear Channel Entertainment, the divi- es. The bank also plans to sponsor a con- 10-YEAR TREASURY 4.48% ▼ 0.07 Citizens Bank has signed a deal to re- sion of media giant Clear Channel Com- cierge booth to loan theater guests opera name Boston’s Opera House. munications Inc. that owns the Opera glasses. MASSACHUSETTS 293.10 ▲ 0.52 The bank has agreed to a seven-year House, first approached Citizens and At every performance, Citizens plans pact involving the Washington Street other Massachusetts companies in De- to pick two guests at random to receive landmark, which is expected to be called cember 2003, asking for about $8.5 mil- free tickets and drink coupons. Down The Citizens Bank Theatre. The accord lion over 10 years. At the time, no com- the road, it wants to create an exhibit of Steve Bailey will give Citizens broad reach across panies agreed. The deal is likely to be at the theater’s history. GLOBE STAFF PHOTO/GEORGE RIZER Boston’s theater scene, including men- a lower price because it spans seven The deal is likely to help Citizens, Renovated Opera House expected Downtown tions in all advertising for Broadway in years, not 10, and because the bank did OPERA HOUSE, Page C3 to be called Citizens Bank Theater. Mister Chiming in Microsoft Boston Downloading song snippets to replace the ring-ring-ring of et me tell you, I am relieved — re- cellphones has boomed into a $4 lieved! — to know that Gillette boss billion business – complete expands Jim Kilts is going to stay on for a full with its own Billboard top 10 list. Lyear after the sale of his company to This week’s most popular Procter & Gamble is completed. (At wireless downloads: $29 million, what he made last year, why antifraud wouldn’t he?) It is comforting to know he will be there for us, too. ‘‘Let me assure you, Gillette will maintain a strong presence in Boston,’’ Kilts said last campaign week, and as if to underline that, he said Gil- lette will be increasing its giving to local char- ities by nearly $2 million in coming years. Suits target alleged That’s $2 million for Boston, and $173 million — what Kilts will earn in the megadeal with e-mail ‘phish’ scams P&G — for him. It’s what 1 It’s we call a win-win situa- By Hiawatha Bray tion in the business GLOBE STAFF comforting world, though some are CANDY Microsoft Corp. expanded its legal to know bigger winners than SHOP campaign against Internet fraud yester- others, of course. 50 Cent day, unveiling lawsuits against 117 Kilts will be In that first year, at ‘‘phishers’’ who use deceptive e-mails least — as long as Kilts is and websites to steal personal and fi- there for us in the saddle, anyway — nancial information. The company after the the way Gillette oper- hopes that aggressive legal action will ates will change very deter phishing fraud, which has victim- sale of little. Kilts, for instance, ized millions of Americans. But a simi- will still fly into Boston lar legal attack on senders of unwanted Gillette. from his home in Rye, 2 LOVERS ‘‘spam’’ e-mails has so far done little to N.Y., as his schedule AND FRIENDS bring spam under control. allows. The man is going to earn every last Microsoft disclosed the lawsuits in dollar of that $173 million (plus salary, bonus, Lil Jon & the Washington at a press conference co- options, housing allowance, use of the corpo- East Side Boyz sponsored by the Federal Trade Com- rate jet, etc.) in the next year: Do you really mission and the National Consumers think he is going to enjoy laying off thousands League. ‘‘We must work together to stop of Gillette people to pay for this deal any more these con artists from misusing the In- than he enjoyed laying off the thousands who ternet as a tool for fraud,’’ said Aaron 1, 2 STEP came before them? (And let me say this right 3 SUPER MARIO BROTHERS THEME Kornblum, Microsoft’s Internet safety now: I admired him for passing on the Coca- Ciara 6 enforcement attorney. Cola job; those crazy Coke people were expect- Koji Kondo Phishers send e-mail messages that ing him to actually live in Atlanta and be part appear to come from legitimate busi- of the community. Can you imagine that for SPAM, Page C8 Heaven’s sakes? Family first, I say. Family first.) BRING There should have never been any doubt 7 BOULEVARD 9 that Gillette was going to maintain its pres- 4 O Omarion OF BROKEN ’EM ence in Boston. My sources tell me Gillette will OUT Logan continue to offer its razors — both for men and DREAMS for women — at Stop & Shop and CVS, too. Green Day T.I. Ditto for the batteries and the full line of Gil- lette products — without exception. ‘‘Boston tightens should be reassured that nothing will change 5 DROP IT in this regard. Nothing,’’ a senior Gillette LIKE 10 1 executive, who asked not to be identified, told THING employee me. And while it is too early for any final deci- IT’S HOT 8 HALLOWEEN sions, these same sources say P&G is consider- Amerie Snoop Dogg John Carpenter ing renting a doublewide post office box at the ID system South Boston Postal Annex that it will use to SOURCES: Billboard/VNU Business Media Inc., Nielsen Mobile GLOBE STAFF GRAPHIC/ANTHONY SCHULTZ continue its Gillette operations in Boston By Keith Reed without interruption after the Prudential GLOBE STAFF Center headquarters is cleaned out. The Massachusetts Port Authority is There was an actual Kilts sighting in Bos- revamping the way it credentials em- ton a week ago, when he and P&G executives ployees and contractors with access to ‘‘rededicated’’ the South Boston manufactur- secured areas at Logan International ing plant, and promised $200 million in new A sound business Airport, in the wake of last week’s ar- investment as a demonstration that the World rest of 14 undocumented workers Shaving Headquarters is going nowhere. there. Think of it as the Galvin Tax. based service that lets musicians, photographers, and Massport said it is immediately end- Massachusetts’ feisty secretary of state, Bill Arlington firm lets users digital artists create their own online stores for selling ring ing the practice of allowing outside con- Galvin, is tilting at windmills with his in- tones and screen ‘‘wallpapers’’ on Internet-enabled cell- tractors to issue airport identification vestigation of the Gillette sale, but with a sell ring tones on the Net phones. badges to their workers, and instead couple of subpoenas he saved more jobs in a Four years ago, replacing the standard cellphone ring will issue all the badges itself. All the few weeks than our venture capital governor By Peter J. Howe with a few bars of music looked like a fun, if kind of goofy, workers arrested in last week’s raid by has created in two years. GLOBE STAFF trick that was then mainly popular among wireless-crazed US Immigration and Customs Enforce- Neither Kilts nor the Proctoids had much urning songs into cellphone ring tones isn’t just teens in Scandinavia. But it has since exploded into what ment were Brazilian nationals working to say about the 1,100 Gillette employees in for big stars like Usher and Green Day anymore. most analysts count as a $4 billion worldwide business. for Hurley of America, a janitorial sub- the Prudential Center. They didn’t have to; Now anyone with music to share — and a North American wireless subscribers will spend nearly contractor that issued their credentials. those people can see the future. All they have Tcomputer to upload it with — can offer 15- $2 billion this year on entertainment, a category that in- Massport also said it is revoking the to do is look out the window at the Hancock second snatches of songs as 99-cent downloads cludes mainly ring tones and wallpapers, 10 times what hundreds of temporary credentials car- Tower. By the fall, the Hancock Tower will for fans to replace the standard ring-ring on their cell- they spent in 2002, according to market researchers Gart- ried by employees of such contractors practically be a see-through building, with phone. ner Dataquest. as of April 5 and replacing them with a hardly a Hancock employee to be found. Jivjiv.com, an Arlington start-up, has launched a Web- JIVJIV, Page C8 simpler identification system that will But I am told the Other D’Alessandro is give the agency tighter control over ac- very committed to Boston, too. So is Bank of cess to secure areas.