Word: mogul
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Dates: during 1990-1999
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Hollywood mogul Michael Ovitz is revitalizing beleaguered MGM/UA. He's persuaded Credit Lyonnais to pump $400 million into the studio and a new TV division. Overseeing the new MGM/UA: ex-Paramount chief Frank Mancuso...
...schlock as silver bracelets and cubic-zirconia rings, plus a series of scandals, mired the medium at the low end of the retail business, even as it grew to gross about $2.2 billion a year. Recently, though, home shopping has spiffed up its image, thanks in part to media mogul Barry Diller. Since joining QVC as chairman six months ago, Diller has buffed the industry's reputation by luring Saks Fifth Avenue and famous designers like Diane von Furstenberg to sell goods on television. And in a move that could further help clean up and expand the business, he proposed...
...deal likely to create a giant broadcast marketplace, QVC Network, headed by former film mogul Barry Diller, offered to take control of its only serious competitor, the Home Shopping Network, for an estimated $1.2 billion in stock...
...campaign offensive. That makes sense; for one, the burden is on the GOP to close the gap between the minority and the Democratic majority. For another, the Republicans have an easy target. Bumbling Bill taints his entire party with his personal poll troubles. And any free-market mogul knows that you've got to capitalize on an opportunity...
...allows mogul to reacquire the New York Post...