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...Democratic Congressman Barney Frank of Massachusetts, had gone "from winking to blinking to nod." For his part, Reagan promised to keep up the fight against letting new taxes creep into the budget. "You didn't send us to Washington to feed the alligators," he said in his Saturday radio broadcast. "You sent us to drain the swamp...

Author: /time Magazine | Title: Lights Out on Congress | 4/18/2005 | See Source »

...into La Trinidad, a small town near Esteli. For three hours they shelled a military barracks and battled government troops; at least 33 contras and eight militiamen were killed. Before withdrawing, the rebels set fire to government grain silos and food-storage sheds. In Esteli the government radio station broadcast messages calling for reservists to report for possible duty...

Author: /time Magazine | Title: Nicaragua: The Contras' Revived Challenge | 4/18/2005 | See Source »

...severe setback, Turner seemed determined not to give up. He talked of raising enough financing to make a cash bid for CBS or perhaps staging a proxy fight for control of the network at its annual meeting next spring. Meanwhile, reports at week's end suggested that the broadcast maverick may already have his eyes on another takeover target: entertainment giant MGM-UA. ENTERTAINMENT Ratin' Rock 'n' Roll...

Author: /time Magazine | Title: Business Notes: Aug. 12, 1985 | 4/18/2005 | See Source »

...temple of broadcast journalism, Sept. 24, 1968, deserves to be chiseled in marble. On that night, a television news show patterned after print magazines premiered on CBS. Instead of devoting its hour to one subject, the program offered a blend of serious stories and light features. Instructive and entertaining at the same time, it climbed its way into television's Top Ten shows, earning several hundred million dollars in profits and destroying the dictum that TV news cannot draw viewers and money. Its name, of course, is 60 Minutes...

Author: /time Magazine | Title: Video: Children of 60 Minutes | 4/18/2005 | See Source »

Soon after the MGM news broke, Turner arranged simultaneous press conferences in New York City, Moscow, London and Phoenix, which were broadcast live on his SuperStation WTBS, to announce a groundbreaking agreement with the Soviet Union. As Turner grinned at reporters at New York's Waldorf-Astoria Hotel, TBS Executive Vice President Robert Wussler clasped hands with Soviet sports officials in Moscow. Turner said that TBS and the Soviets would co-produce and broadcast the Goodwill Games from Moscow next July. The games are expected to draw top athletes from around the world for 160 events, and will be repeated...

Author: /time Magazine | Title: Turner Takes On Hollywood | 4/18/2005 | See Source »

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