Word: mogul
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Dates: during 1990-1999
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...outfit DreamWorks SKG. Last week, for $8.8 billion, the chemical giant bought back most of Seagram's 24.1% of Du Pont stock. Time Warner, of which Seagram owns a provocative 14.9%, braced for a messy stock scramble should Bronfman sell his shares. DreamWorks also looked to the shy, dapper mogul for indications that he would retain MCA's current, embattled management and thus be in line to distribute the new company's movies...
...rash of rumors now suggests that Bronfman, if he buys MCA, would ask one of his friends, Ovitz or at-large media mogul Barry Diller, to run it. But either of them would surely insist on substantial equity, and last week both were denying any interest in the job. It is more logical that Bronfman would urge Sheinberg to stay on-not least because that would assure MCA of a Spielberg-DreamWorks connection-but that Edgar Jr. would run the show...
...LONG AGO, HARRY Cohn, the legendary film mogul, found himself contemplating the minuscule grosses of some historical epic set in the 18th century and decreed that henceforth no picture emanating from his studio would feature men in wigs and knee breeches writing with quill pens...
From the start, says West Coast bureau chief Jordan Bonfante, "the key was exclusive, firsthand access." Jeffrey Ressner, TIME's entertainment correspondent, was able to chat with Spielberg at his Pacific Palisades home. He interviewed Geffen in the record mogul's austere office. And he was with Katzenberg from the producer's trademark dawn breakfast meetings through his final business phone calls, way past the Letterman hour. Says Ressner: "While all three men were press-savvy, they opened up and seemed genuinely stoked about their new adventure together...
...HOLLYWOOD'S LATEST CATCHPHRASE, successor to "Let's do lunch," "My fax will talk to your fax," and "I'm gonna kill and eat your children." Now, when a mogul wants to give you the long view, he gazes ceilingward and intones...