Word: inclies
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Dates: during 1980-1989
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Even in the era of the megamerger, this one was remarkable. No wonder the press and public were fascinated by the announcement that Time Inc. and Warner Communications would join to form the world's largest information and entertainment company. From Tokyo to Paris to Hollywood, media moguls sized up the new firm, trying to gauge its potential clout in the increasingly fierce international battle for the attention of readers, filmgoers and television viewers. The New York Times proclaimed that the union would "insure Time Warner a place in the 1990s as one of a handful of global media giants...
...merger, which will result in Time Warner Inc., had a lot going for it. Who, after all, would have the money or the fortitude to stand in the way of a solid agreement between two of America's biggest companies? Yet Time and Warner have long been considered takeover targets, and speculation arose that a raider might go after one of them soon, before a merger could create a nearly invulnerable behemoth. Everyone from Rupert Murdoch to Warren Buffet, the shrewd Omaha-based investor, was mentioned as a possible buyer. But no suitor had come forward by week...
CAPTION: Time Inc...
...here breaking that rule to reinforce the point, because on March 4, 1989, Time Inc. and Warner Communications Inc. announced they would join to create a new company, Time Warner Inc., which would be the leading information and entertainment company in the world, with revenues of more than $10 billion...
...them to point with pride to particular stories and introduce you to the people who created them. Almost never is there any need to talk about the extended family of other magazines and the book, video and cable enterprises that make up the whole of the parent Time Inc. corporation...