Word: diller
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20th Century-Fox Chairman Barry Diller, Murdoch's man on the spot in Hollywood, readily admits that it is "a bit grand" to believe that the new Fox Inc. in the next few years could assemble a network comparable to ABC, CBS and NBC. Instead Fox intends to form a loose confederation and build the business gradually, first offering perhaps an hour of programming per night. Says one Fox executive: "When you get to the point of selling a few nights of programming a few years down the road, you're looking very much like a network." Concurs FCC Commissioner...
...reports, Murdoch gets along with Davis splendidly, but that may be because they apparently have left the running of Fox to Diller. Now that Murdoch has substantially increased his stake in the TV game, he may be more eager to help run the show. After all, Rupert Murdoch feels strongly enough about this latest venture to consider forsaking his Australian citizenship. Television and newspaper historians, take note: March 28, 1985, may, in retrospect, be the day that 20th Century-Murdoch was born...
...good name for him--has presided over a festival of flops with titles like Rhinestone, The Buddy System, A Night in Heaven, Blame It on Rio and Turk 182! Last September he brought in the super-star mogul of Paramount Pictures--let's give him the name Barry Diller--to turn things around. But meanwhile the losses keep on mounting: $85 million in the last fiscal year, $12.4 million in the last quarter for which there are figures. So what does this desperate tycoon do? He sells half the shop to an Australian press baron, whose very name, Rupert Murdoch...
...fast-action sequence worthy of Indiana Jones, Para mount and 20th Century-Fox last week played switcheroo with top executives. Paramount Chairman Barry Diller, 42, the man responsible for the studio's long string of recent successes (Indi ana Jones and the Temple of Doom, Raiders of the Lost Ark, Terms of Endearment, Flashdance), is becoming chairman of 20th Century-Fox. He replaces Alan Hirschfield, 47, who will stay on as a consultant. Marvin Davis, half owner of Fox, wooed Diller by giving him part ownership of the film studio, along with salary and bonuses that will doubtlessly exceed...
Gulf & Western replaced Diller with Frank Mancuso, 51, Paramount's marketing chief. Michael Eisner, 42, Diller's former second in command, quit his post, apparently because Mancuso got the job he wanted. There were rumors that Diller would bring Eisner to Fox, which needs an infusion of fresh ideas...