Word: largest
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Dates: during 1980-1989
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...winning formula. When contemplating new ideas, they constantly wondered aloud, "What would Walt have done?" During the 1970s, Disney's top executives allowed the creative side of the company to wither while they focused their attention on real estate development, which seemed a surer bet. This outraged the largest individual stockholder, the late Roy Disney's son, also named Roy, who owned 3% of the company. "I remember thinking that if that pattern went on much longer, the company would become a museum in honor of Walt," says Roy, now 58. "Movies were the fountainhead of ideas, the impetus...
...ramshackle houses and lots of old cars rusting on cinder blocks and stray dogs with mange and a few horses and small herds of cattle grazing in the swampy heart of South Florida that is the Big Cypress Seminole Indian Reservation. It seats 5,600 players and is the largest bingo parlor in the world. Every Saturday and Sunday morning, players are flown in from foreign countries, bused in from Canada and 38 states, bused in from every city in Florida, or drive in for a day of bingo before they are flown, bused and driven out that same night...
...assets being ogled by foreign interests these days, publishing companies have been popular buys. Reason: such enterprises, notoriously risky if started from scratch, can be bought at a relative bargain price because of the dollar's decline over the past three years. Last week Hachette, France's largest publishing house, helped itself to two generous slices of the U.S. market in just four days. First Hachette agreed to pay $448.6 million to purchase Connecticut-based Grolier, the publisher of the Encyclopedia Americana. Then the French firm paid $712 million for Diamandis Communications, the owner of a dozen magazines, including Woman...
With its U.S. periodicals, Hachette expects to become the world's largest magazine publisher, controlling 74 titles with an estimated $1.9 billion in revenues this year. The Grolier purchase will make Hachette the world's third largest book publisher, after West Germany's Bertelsmann and the U.S.'s Simon & Schuster...
...announcements, none has generated as much anticipation as the one to be made this week by Motorola, the largest U.S. supplier of semiconductors (1987 sales: $6.7 billion). The electronics giant has etched 1.7 million transistors into a three-chip microprocessor called the 88000 that it hopes will become a standard component of the next generation of high-performance computers. Motorola may be right. Even before the new product was formally unveiled, more than 30 prospective customers, including Data General, | Convergent and Tektronix, had formed a users group to set guidelines for designing hardware and software to take advantage...