Word: diller
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Dates: during 1990-1999
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...before Diller can make policy, he must make the deal. He must help sell it to the boards and shareholders of both companies, and help keep it from enticing other companies avid for a big buy. Diller may even have to convince himself that Tisch -- a proud man, stung by accusations that he is a timid blunderer in the high-speed world of entertainment commerce -- is not using the Diller name to entice a corporate behemoth with a fatter wallet...
...pilot. Consider the potential plot twists. For a start, the CBS and QVC boards do not convene (separately) to discuss the merger until July 13. "It's not like the board is coming in tomorrow ratifying to do it," says a TV industry executive who is close to both Diller and Tisch. "It's not coming in for another 10 days! You got the July Fourth weekend -- what do you think is going to happen over that time? A lot of meetings. You can name 10 possible suitors for CBS: all the studios that could afford to pick...
...deal does hold, most industry analysts see it as a smart move toward the future by CBS, a conservative outfit with a maturing lineup of shows in that old fogey of the video market, network television. "Diller will create synergy," says Bishop Cheen, a Kagan analyst, "by wearing three hats. Number one, the network hat, and there's he's a Hall of Famer. Two, the programming hat: he will create good and cheap programming. And third, merchandiser -- a hat that has never been worn at CBS with any great authority. He'll merge two favorite American pastimes: shopping...
...February, as Diller's Paramount proposal waxed, waned and went under, Daniel Tisch first broached the CBS-QVC deal to takeover lawyer Martin Lipton, one of whose clients was Diller. The chat with Lipton, says Danny Tisch, "wasn't done with Larry Tisch's okaying or not okaying. It was just saying, gee, if the Paramount-QVC transaction looks good, think about what a CBS-QVC fit would look like. Lots of sex appeal...
...late May, Fox sideswiped CBS, stealing eight affiliates to bolster its station roster. For Larry Tisch, 71, this was a humbling, sapping loss. After < huddling with family members, he put out the word that he was ready to consider any good offer seriously. In marched Diller, 52 and still hungry...