Word: annenberg
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Dates: during 1980-1989
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MASTERPIECES OF IMPRESSIONISM AND POST-IMPRESSIONISM: THE ANNENBERG COLLECTION, Philadelphia Museum of Art. Fifty prime paintings by artists from Van Gogh and Cezanne through Gauguin and Braque, acquired over the past four decades by publisher Walter Annenberg and his wife. May 21 through Sept...
...racing-tip sheet be worth billions of dollars? Maybe so, if the buyer is Keith Rupert Murdoch. Last week the Australian-born press baron agreed to buy Triangle Publications, which puts out TV Guide (circ. 17.1 million), the Daily Racing Form (123,000) and Seventeen (1.9 million), from Walter Annenberg, the California businessman and philanthropist, for $3 billion. While TV Guide may be the undisputed king of television listings and boast the largest circulation of any U.S. magazine, media experts concur that Murdoch is paying a premium price that will add to his already considerable debt load. But Murdoch...
...relatives own half its shares. And that is not going to change anytime soon. News Corp. has issued very few new shares since 1954. Besides, with no more than 40 corporate staffers, News Corp. is so lean that Murdoch can strike his targets quickly. He and Annenberg first talked about a deal over lunch at the Triangle publisher's home on July 9; they announced their agreement less than four weeks later...
...University Tech-Tel Corporation, a private electronics company based in Washington D.C., pioneered the method in the spring of 1985 said Sumner Myers, president of Tech-Tel. He said the $560,000 Harvard project will be funded entirely by two grants from the Annenberg Project at the Corporation for Public Broadcasting...
Tech-Tel received an initial grant of $25,000 in 1985 as winner of the foundation's thrice-annual competition for grants. The Annenberg Project awarded the remainder of the funding after the pilot project proved successful, said Myers...