Word: levins
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Dates: during 1990-1999
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...turned the political tables in Washington for the first time since the election. Democrats on the Senate and House committees investigating 1996 campaign irregularities seized the moment to demand subpoenas of Young, his employees and company records. "There are possibilities here of...illegal foreign contributions," said Senator Carl Levin of Michigan...
...competing satellite venture owned jointly by several cable companies, including TCI and Time Warner. Last week Murdoch broached the subject in a phone call to Time Warner's vice chairman, Ted Turner (with whom he has been feuding publicly), and had a face-to-face meeting with chairman Gerald Levin. His overtures to link up with Primestar, however, were rebuffed...
...most expensive pizza-delivery system ever invented. Last week media giant Time Warner (TIME's parent company) announced that it was pulling the plug on its ambitious two-way cable-TV project, the Full Service Network, launched in Orlando, Fla., in 1994. At that time then ceo Gerald Levin predicted FSN would be "a medium for providing people with unprecedented access to information and entertainment." With just a remote, subscribers could scan countless TV channels, bring up movies on demand, shop at home or order a pizza...
...Levin was half right. Consumers are very interested in such access--but many transactions work better on the Internet, just a budding concept in 1994. All that most consumers want from their cable company is TV and movies on demand...
Time Warner invested at least $100 million wiring the 4,000 households in the project, according to industry analysts. The company says FSN will pave the way to bigger and better interactive products, but Levin noted, "I was off the mark, at least in the short run, about the medium...