Word: cbs
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...treasure-house of vital American music, no company is more valuable than CBS Records. Its labels, among them Columbia and Epic, have borne titles ranging from Bruce Springsteen's Born in the U.S.A. to Michael Jackson's Thriller, from Frank Sinatra's Stormy Weather to Benny Goodman's Night and Day. But now this repository of Americana is passing into foreign stewardship. In the largest-ever Japanese purchase of a U.S. company, CBS agreed last week to sell its record business to Sony for $2 billion...
When Sony made its first bid for the division, offering $1.25 billion last year, the CBS board balked. Reason: besides its cultural value, the records division is a money machine that produced $162 million in profits last year, some 37% of CBS's total earnings. However, when Sony came back with a $2 billion bid, the CBS directors could not refuse. President Laurence Tisch, who pushed the sale as part of his back-to-broadcasting program for CBS, apparently contended that now was the right time for CBS to get out of the recording industry, since its profits might wither...
...loosening of restrictions on Western journalists in the Soviet Union over the past two years has allowed the media to report much more quickly and accurately on all aspects of Soviet life, a Moscow-based CBS cameraman told students last night at Mather House...
Turner contrasted the inaccessible nature of Soviet society in the early '80s with today's surprising openness. He cited the two-hour CBS documentary shown this May about Soviet life, which was the network's first documentary on the subject in more than 20 years. He said he was amazed that only two months elapsed from the moment CBS created the idea for the show to the time of its telecast...
...season, and as Dukakis sizzled in the summer, so has Simon flowered in the fall. The New Republic plastered his image on the cover, along with the Warholian legend, "Paul Simon, your 15 minutes have arrived." Joseph Biden's top Iowa lieutenants endorsed him. The latest New York Times-CBS poll showed Simon jumping into first place among Democrats in Iowa, with 16% support. New York Governor Mario Cuomo tossed an unexpected garland in Simon's direction last week, pronouncing that he looks "strong" and that "I feel great, great empathy with...