Word: dillers
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Dates: during 1990-1999
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...agreed to accept a bid of $638 billion in cash and stock from Disony GETCITWest (formed from a fusion of Disney, Sony, GE, TCI, Time Warner and Westinghouse). The new entity, which now controls all entertainment on film, TV, CD, video, telephone and computer, will be called, simply, Diller...
...moment, that news from the future may only be Barry Diller's pipe dream. Diller, the onetime baron of Fox, last week bought into a skein of uhf TV stations to get back in the game. It is also a pipe nightmare for those who believe competition is the soul of both capitalism and pop-cultural creativity. But another deal last week brought the scenario a step toward plausibility. Time Warner and Turner Broadcasting System declared they were deep in negotiations that could lead to a Time Warner purchase, led by chairman Gerald Levin, of Ted Turner's prize fleet...
...hire capped the busiest period in Hollywood's game of musical moguls since 1984, when Barry Diller moved from Paramount to 20th Century Fox, Eisner and Jeffrey Katzenberg from Paramount to Disney, and Frank Wells from Warner Bros. to Disney. Those shifts cued the creation of Fox as a fourth TV network and Disney's growth into a multimedia behemoth . Now, in less than a year, Katzenberg leaves Disney and starts DreamWorks with Steven Spielberg and David Geffen; Ovitz's partner Ron Meyer takes the vacant post at MCA; and Ovitz, the top dealmaker, joins Eisner, the most powerful showman...
...network at about $11 billion, adding, "We just got a lot more expensive." And of course everyone is watching Rupert Murdoch, the envy of the media firmament, who with a recent infusion of cash from MCI is continuing to march across the world, from Milan to Fiji. Can Barry Diller possibly sit it out much longer...
Most of these bankrollers are backing Clinton, says Steinhardt, who identifies himself, Diller and Hart as the three most willing to walk away from Clinton right now. "Precisely because we could be washed out in a Clinton loss, I hope our 'third way' leads to a third party," says Steinhardt. "That's a ticket to irrelevance," Rattner retorts. "We should stick with Clinton as we try to remake the party." "But why support someone who's conned you?" asks Diller...