Word: moguls
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...Herbert Lipson. According to insiders, Lipson wanted Amsterdam to meet with advertisers and sought more control over covers. Felker's challenge will be not only to sustain Amsterdam's success but to get along with Lipson. Felker's track record with owners is mixed: after first approaching Media Mogul Rupert Murdoch to buy shares in New York in 1976, he bitterly fought Murdoch's purchase of the magazine. When Murdoch prevailed, Felker quit...
...billion communications empire already straddles three continents and, via satellite, reaches into space. Still, Media Mogul Rupert Murdoch detected a weak spot: no major U.S. publishing house. Meanwhile, 170-year-old Harper & Row, which has published authors ranging from Mark Twain to Alexander Solzhenitsyn, was the target of at least two takeover bids. Without so much as a rumor, Murdoch swept in with a bid of $65 a share, clobbering a $34 offer from Magazine Publisher Theodore Cross and the $50 price proposed by rival publisher Harcourt Brace Jovanovich. Harper & Row quickly accepted the $300 million deal last week...
Just when it seems that Oral is doomed, fate, in the form of wealthy greyhound mogul Jerry Collins, steps in and saves...
...network can break even with such ratings, Murdoch says, partly because its operation is much leaner and more efficient. "The networks have overheads of the better part of a billion dollars. We have an overhead of 70 salaries," says network TV's newest mogul. Fox has devised other ways of helping the bottom line. Its shows, for instance, will include eight minutes of commercial time an hour, a minute more than on typical network counterparts. Ad time is selling briskly so far: 30-second spots originally priced at just over $30,000 are now going for about...
...arrived at the base of the Snowdon triple chair at 2 p.m., around the time that the sun was beginning to set. From the lift, the trail that ran underneath the chair, "Conclusion," looked like a fun mogul run. That was our first mistake. Our second mistake was skiing down Conclusion, which had bumps that were in all the wrong places. After gracelessly bouncing our way to the bottom, we got in the car and headed north...