Word: kluge
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...Douglas Wilder has been the most visible noncandidate, crisscrossing the country giving speeches, wooing deep pockets in Hollywood and devising a catchy slogan -- "the New Mainstream." He's even survived what might have been a fatal blunder after flying on a state-owned aircraft to visit former model Patricia Kluge, recently divorced from one of the wealthiest men in the U.S. For good measure, Wilder appointed Kluge, star of the soft-porn movie Nine Ages of Nakedness, to the board of visitors of the University of Virginia. But running in a race without challengers means never ^ having...
...dish is fresh, save for two first-rate pieces -- one by Ernest Volkman and John Cummings about Mob leader John Gotti, the other by Richard Morgan about advertising mogul Burt Manning -- that are spun off from books. The juiciest item is about the marital breakup of billionaire businessman John Kluge. The weakest, a rambling travelogue of Prague, is by editor in chief Jane Lane. Overall, if Details is about night life and style, and Men's Life about home and hearth, M Inc. seems gaga over money...
Preparations for the couple's arrival in the U.S., meanwhile, were spiked with a bit of scandal. Originally it had been announced that the co-chairman of the $10,000-a-couple Palm Beach charity ball would be Pat Kluge, the dishy wife of Billionaire John Kluge, chairman of Metromedia, Inc. Last week the British press uncovered a part of her past that had eluded the careful perusal of Buckingham Palace. In the 1970s the former Patricia Rose had posed as a full-frontal nude for the raunchy British skin magazine Knave. It transpired that Mr. and Mrs. Kluge will...
...Metromedia sale was engineered by Kluge in great secrecy; even some of his top executives did not know about it until talks were well under way. A German immigrant who came to America at age eight, Kluge bought a controlling interest in a small broadcasting company in 1959 and built it into a $500 million-a-year telecommunications firm. Kluge took Metromedia private last year, but the maneuver left it $1.3 billion in debt. Realizing that he could not handle all that red ink, Kluge decided last January to sell at least some of the TV stations...
...time Kluge talked to Murdoch and Davis, he had agreed to sell the Boston outlet to Hearst. Murdoch did not mind losing out on that station (among other things, it would have forced him to sell his Boston Herald). The major sticking point was Kluge's reluctance to include New York's WNEW-TV in the deal. "It justified the whole package to us, that New York was there," Murdoch told TIME. When Kluge relented and agreed to give up WNEW-TV, "normal negotiating," as Murdoch calls it, commenced...