Word: carlton
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Dates: during 1980-1989
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Ladd replaced Elizabeth R. McKinsey, who stepped down last spring to become a dean at Carlton College. McKinsey was also associate professor of English and American literature...
Singh owns the place now, and one is unsure which jarring and inapposite piece of his biography best begins to explain him: That he is a former SDS organizer who is building a Ritz-Carlton hotel? Or that he is a developer whose fondest wish is to run away with Sea Shepherd, a Greenpeace splinter group, and ram whale ships? Perhaps that he is a 36-year-old Massachusetts- born Sikh of French-Canadian extraction, in a turban and a Ralph Lauren polo shirt? Or that he read about this 102-acre property one Sunday in 1986 and bought...
...fair number of businessmen, at least, are willing to bet that she's right. Ritz-Carlton is proceeding with plans for a $140 million hotel on St. Croix scheduled to open in late 1992. Great Pond Bay Resorts just won approval for a $250 million project with 350 hotel rooms and 600 condos. If the islands all do struggle back, it may be because in the end Hugo could not destroy what most people come to the Caribbean to find. It could not make the sea less bright or the sun less clear, or bestir the starfish or break...
...buzz word for the 1990s, especially in the entertainment business these days, is global. Paramount Communications last week announced that it had taken a major step in that direction by purchasing a 49% stake in the British firm Zenith, Europe's leading independent television programmer. A subsidiary of Carlton Communications, Zenith last year produced such dramas as The Paradise Club and Inspector Morse in Britain, as well as the romantic comedy Finnegan Begin Again...
Paramount declined to say how much it had paid for the acquisition, but Carlton's 1988 annual report put revenues for the production company at $95 million. "The Zenith acquisition represents our most significant entry into the international market," said Mel Harris, president of Paramount's Television Group. "By aligning ourselves with the United Kingdom's major independent producer, we are positioning ourselves for the 1990s and 1992, when Europe's trade barriers fall...