Word: mca
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Dates: during 1990-1999
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...York City, Sept. 4, 1999: in an action that capped a decade of multibillion-dollar takeovers, the world's last two international media conglomerates today announced that they would merge. BMCAA Viafox (created out of Bertelsmann, MCA, CAA, Viacom and Fox) agreed to accept a bid of $638 billion in cash and stock from Disony GETCITWest (formed from a fusion of Disney, Sony, GE, TCI, Time Warner and Westinghouse). The new entity, which now controls all entertainment on film, TV, CD, video, telephone and computer, will be called, simply, Diller...
...finally cornered his very own entertainment conglomerate, but who knew that MCA conqueror EDGAR BRONFMAN JR. was also cornering the market on torch songs? Next month three ballads co-written by the rookie media mogul appear on Intimacy, a new album by Bruce Roberts (the very same singer who made his living back in the 1970s as the musical voice of Danny Partridge on The Partridge Family TV show). And there's more: this coming February, Bronfman-penned lyrics to a song called To Love You More will turn up on pop-schmaltz goddess Celine Dion's new disc...
...Capital Cities/ABC, he announced that Michael Ovitz had agreed to leave his post as mega-boss of Creative Artists Agency and join the Mouse conglomerate as president, effective Oct. 1. In June, Ovitz, a.k.a. Hollywood's Most Powerful Man, had passed up a $250 million offer to run MCA. So the news that he would be Eisner's-or anyone's-No. 2 left observers giddy with admiration. "Disney now is not only the world's biggest entertainment company," says Porter Bibb, managing director of the brokerage house Ladenburg, Thalmann & Co.; "it is also the best-managed...
...Disney. Those shifts cued the creation of Fox as a fourth TV network and Disney's growth into a multimedia behemoth . Now, in less than a year, Katzenberg leaves Disney and starts DreamWorks with Steven Spielberg and David Geffen; Ovitz's partner Ron Meyer takes the vacant post at MCA; and Ovitz, the top dealmaker, joins Eisner, the most powerful showman. Says director and CAA client Martin Scorsese: "It will be interesting to see what films get made, and who flourishes, in this new world order...
...recorded vocals from the three surviving Beatles. On one cut of Selena's new album, her Spanish vocals have been lifted from a song released years earlier and mixed with new English-language vocals by the group Barrio Boyzz. Meanwhile, a posthumous "new" album by Jimi Hendrix, Voodoo Soup (MCA), recently arrived in stores. It features Hendrix, the guitar genius who died in 1970, jamming with freshly recorded drumming by Bruce Gary, a former member of the defunct '70s band the Knack. Would he have been Jimi's first choice? Some fans say no, but the dead can't pick...