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Aside from a few major hits such as Ghostbusters, The Karate Kid and When Harry Met Sally . . ., Columbia's movie-production unit has been floundering for years. The most spectacular flop: Ishtar, the Dustin Hoffman-Warren Beatty desert lark released in 1987, which lost $25 million. Three top-management teams have come and gone since CEO David Begelman was forced out in 1978 amid a financing scandal. Coca-Cola, which bought the studio in 1982 and still controls 49% of its stock, fired British producer David Puttnam (Chariots of Fire) in 1987 after barely a year at the helm, during...

Author: /time Magazine | Title: Special Report: Foreign Owners From Walkman To Showman | 10/9/1989 | See Source »

...familiar bumbling act in public, then turns into a whipcracking boss in private, directing every detail of the covert operation, down to computing interest on the money stored in Swiss bank accounts. The show's movie parodies have also had some shrewd twists: Carvey, for example, playing Dustin Hoffman's autistic savant in Rain Man -- who turns out to be giving gambling tips to Pete Rose...

Author: /time Magazine | Title: Video: At 15, Saturday Night Lives | 9/25/1989 | See Source »

Where does Dustin Hoffman, Hollywood's hottest leading actor, go to try his hand at Shakespeare? Where does composer Andrew Lloyd Webber, who has had six megamusicals on Broadway in the '80s, launch his latest? Where does American playwright Martin Sherman (Bent) debut a work about his countrymen in exile...

Author: /time Magazine | Title: Theater: A Trio of Triumphs in London | 7/3/1989 | See Source »

...West End is having its best season in years, with an Andrew Lloyd Webber musical, Dustin Hoffman's debut in Shakespeare and a fine new work by American playwright Martin Sherman...

Author: /time Magazine | Title: Time Magazine Contents Page Vol. 134 No. 1 | 7/3/1989 | See Source »

Protesters have besieged the British government with pleas to save the sites. They have written letters, staged marches and held all-night vigils. Among the petitioners: Laurence Olivier, Dame Peggy Ashcroft, Dustin Hoffman and Princes Charles and Edward. Declared Tony Banks, a Labor Member of Parliament: "The destruction of these sites would represent the archaeological equivalent of destroying the rain forests. Once they are gone, they can never be reinstated." Last week both landmarks received last-minute reprieves. Developers of the Roman site announced that they will revise their plans and save the remains. And the government declared...

Author: /time Magazine | Title: Science: To Build or Not to Build | 5/29/1989 | See Source »

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