Word: hollywoodizations
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Dates: during 1990-1999
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...arranging clever financing for hotel developments at home and abroad. Hired in his 30s by the secretive Bass brothers of Texas, he helped them acquire a 25% stake in then troubled Disney, pocketing a reported $50 million for himself in the process. His work with Disney helped him befriend Hollywood heavyweights like Michael Eisner and Michael Ovitz, and in 1994 he joined the Beverly Hills crowd by buying the old estate of actor Sidney Poitier. In 1989 he helped finance a $3.65 billion leveraged buyout of Minnesota-based Northwest Airlines, investing about $12 million of his own money. Today much...
Although the Planet Hollywood business may look like just another indulgence of an eclectic entrepreneur, it ties into other businesses, including the News Corp. investment. In the Middle East, Alwaleed is the producer of top Arabic recording artists, including Najwa Karam and Kathem al Saher, and he has a major share in one of the most popular Arabic satellite TV networks, called Arab Radio and Television. Planet Hollywood is a great place to promote music and television stars...
...PHRASE] Hollywood and D.C., David Mamet-style...
...Hollywood history: In 1984, convinced that the Amistad episode would make a great film, Debbie Allen, the actress (Fame) and choreographer (numerous Academy Award shows), optioned a historical novel about the case, Black Mutiny. After nearly 10 years of making no headway with the project, she took it to DreamWorks SKG, the fledgling studio founded by Spielberg with Jeffrey Katzenberg and David Geffen...
...further Hollywood history: In 1988, Chase-Riboud finished a draft of her novel about the Amistad, which was sent by her pal, Jacqueline Onassis, to Amblin, Spielberg's production company. Executives read the book and made nice noises but ended up passing on it. So one can imagine Chase-Riboud's consternation when she read in Variety last fall that Spielberg would be directing Amistad...