Word: matsushita
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Seagramreportedly is on the verge of paying about $6 billion to Matsushita for 80 percent of MCA, the Hollywood studio that produced "Jurassic Park" and "E.T." The Associated Press reports that a final deal is expected to be signed within days. But TIME business reporter Bernard Baumohl notes that MCA and Seagram still do not have any formal relationship and that Seagram is declining to comment on the reported sale. Seagram, the Canadian liquor, wine and juice company controlled by one of the world's richest families (the Bronfmans), is said to be financing a purchase of MCA with...
...reports that Seagram could get up to $10 billion for its shares of Du Pont. Those shares were purchased by Seagram for just $3.28 billion in 1981. Seagram, which makes liquor, wine and juice products, reportedly has been talking about a $10 billion deal to buy MCA from the Matsushita Electrical Industrial Co. The Times reported that Du Pont is expected to announce a buyback of its shares from Seagram within two weeks. TIME Los Angeles correspondent Jeffrey Ressner expects Seagram to face stiff competition in its quest for MCA from Polygram, which already has entered a joint filmmaking venture...
Japan's technology giants--Hitachi, Matsushita, Toshiba, Sony, NEC-- listened for years as their U.S. competitors talked enthusiastically about multimedia but remained skeptical: after all, they had come to believe the Americans were the has-beens of the electronics business. Besides, Japan's strength lay in hardware, not fuzzy concepts. For Japanese firms, the real battle would be for the next big gadget to follow the vcr, which in 1993 was worth $7.7 billion to Japanese firms alone. As a Sony executive scoffed two years ago, ``Multimedia is just a pot of gold at the end of the rainbow. Nobody...
Universal must now find other filmmakers who can bring in the big-grossing films-and at a price that won't provoke grimaces from MCA's Japanese owner, Matsushita, which Sheinberg has accused of trying to stunt his company's growth. Asked if the Matsushita board had expressed vexation over the Waterworld embarrassments, he replies, "None. I can blame them for a lot of things, but I can't blame them for that...
...saved by the sheer marketing muscle of its Japanese manufacturing partner, Matsushita, which aggressively pushed 3DO machines through company-owned stores and sold roughly two boxes in Japan for every one in the U.S. Those sales bought Hawkins enough time to get the second generation of software in place, including some flashy new titles such as Road Rash and FIFA Soccer. He still doesn't have that killer application -- a Mario Bros., say -- that could turn it into a machine game players feel they have to own. But he's got a few months to find one before Sega...