Word: grahamism
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...face, the Herald Tribune wouldn't seem worth the heartburn. It sells just 264,000 copies, spread thinly over 180 countries. Investors were happy to see Graham shed the money loser; the Washington Post Co.'s shares rose on the news. "Who cares about it except some guy in a bar in France?" said Ed Atorino, newspaper analyst at Blaylock & Partners...
...crowd was looking for a show-down when Arthur Sulzberger Jr., publisher of the New York Times, and Donald Graham, his counterpart at the Washington Post, shared a table--and later the podium--at a long-scheduled media-industry gathering in New York City last week. Just a day earlier, Sulzberger had essentially made Graham an offer he couldn't refuse, and seized control of a newspaper the two had published as partners since...
...Graham, 57, is the son of the late publishing legend Katharine Graham. Sulzberger, 51, is scion of the family that has run the Times since 1896. The two minded their manners at last week's dinner, offering jokes "about that IHT stuff," as Sulzberger put it, and chatting amiably and at length even when the evening's agenda didn't require that they be together. But bitterness clearly lingers after the several months of what a Post insider called "highly painful negotiations...
...Post's 50% stake in the Herald Tribune, but the Post didn't want to sell. Then the Times made like Don Corleone: it threatened to start a competing international edition and choke off any further subsidy of the Herald Tribune, which lost about $5 million last year. Graham responded with an indignant internal memo accusing the Times of "threatening the future of the newspaper and its staff." Graham concluded, however, that continued joint ownership of the Herald Tribune was "untenable." The talks ended with the Times's signing a letter of intent to buy the Post's stake...
...Oceanid” and “Back to Bach,” the two newly-premiered pieces he choreographed, Mateo is as much working within the classical idiom of épaulement, glissade and ballotté as with the vocabulary of modern choreographers like Martha Graham. Mateo says his choreography moves beyond a mere extension of the tradition to translate “the intrinsic arrogance and aloofness of ballet” into that which is accessible to contemporary audiences of all “ethnic and economic backgrounds...