Word: moguls
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...burst of activity makes Murdoch a formidable force in the fast-evolving world of media alliances and the race to develop an electronic superhighway into the home. It pits the Australian-born mogul and his partners against such giants as Time Warner, AT&T and cable-firm Viacom International, which are rushing to build interactive systems of their own. At the same time, the star tv and BSkyB deals enable Murdoch to bestride the television world. When asked whether he intends to build a global TV network, Murdoch booms out, "Oh, absolutely...
...years ago. "In this town Jason instantly became somebody who could star in a movie," says Chris Lee, senior vice president at TriStar Pictures and one of several Asian Americans (Teddy Zee at Columbia, Bonni Lee at Geffen, Richard Sakai at Jim Brooks' Gracie Productions) inching their way up Mogul Mountain. "We've entered the system and there's more of us to come, and that's changing the face of Hollywood...
...Angeles, a company town still cringing from the Heidi Ho' headlines about a Hollywood madam and her yet to be revealed list of star and mogul clients, scandal is a commodity to be both feared and savored. In the rest of the country, the Heidi story was rancid catnip for a slow news summer. But the Michael Jackson story goes deeper -- yes, and deeper than the sad public frolics of Woody Allen a year ago. For as pitiable and lunatic as Jackson's soft eccentricities make him appear in the skeptical public eye, he had surely convinced the world...
...cable-TV mogul buys a chunk of Hollywood -- again...
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...