Word: fox
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Dates: during 1980-1989
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...Fox Harvard, the seven-team, round robin tournament offered a change from the usual Spring Break trip to Florida. Instead of playing a couple of college games, and facing Red Sox minor leaguers, the Crimson got a chance to square off against the best in college baseball...
...Knight-Ridder were up too, as was the stock of Chicago's Tribune Co. Australian Publisher Rupert Murdoch, whose properties include the New York Post and New York magazine, added even more zest to the media merger mania: he offered $250 million for half the shares of 20th Century-Fox Film Corp. (see SHOW BUSINESS...
Here's the story. A famous Hollywood studio--let's call it 20th Century- Fox --is in trouble. The 300-lb., bear-hugging Denver oilman who bought it in 1981--Marvin Davis might be a 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...
Intrigue is not new to Fox. Indeed, the dramas inside the company have often been more riveting than those that have come out as movies. Darryl F. Zanuck, one of the founders, caused hearts to pound just by walking down the hall. Zanuck left in 1956, but returned in triumph six years later, following a boardroom coup in the wake of the Cleopatra debacle. He made his son Richard president, then kicked him out, only to be forced aside himself a few months later. (Richard had another stint at Fox, and coproduced such films as The Sting and Jaws.) While...
That has not been the case. Davis, who bought out Rich, behaved like a mogul, buying a $20 million house in Beverly Hills and mixing with the stars. But he did not act like one. He showed little knack for movie management and took $538.6 million from Fox, part of which was used to pay back the loans that had enabled him to acquire the company. With the exception of the Star Wars trilogy, most of whose profits went to George Lucas, Fox had precious few hits...