Word: moguls
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...TIME's publisher), and he wound up selling out to the company instead, a deal that netted him more than $20 million. He'll spend much of that on Content, which he projects will cost $27 million before breaking even. (One of the three other investors is media mogul Barry Diller...
...experiencing some sort of Nike moment. Recently he was sitting in a waiting room in Hollywood when he was greeted by a studio president toting two large Nike shopping bags. Curious, Moore asked why the executive was shopping for athletic gear in the middle of his workday. Simple, the mogul replied, you can't beat the price...
Every bar and club (and most businesses) in Moscow have mafia and security connections called a "krysha," or "roof." The high-level people, usually well established in the Russian Mafia world, are paid to look out for the establishment's interests. In a city where media mogul Vladimir Gusinsky runs his business out of Mayor Yuri Luzhkov's office, mafiosi sit in the Duma--Russia's national legislature--and the sale of pirated videos is a quasi-legitimate business, the line between legal and illegal procedure is hopelessly fuzzy...
...pleased to bask in autumnal sunlight. But in the fifth decade of a career with more bumps than the Nagano mogul course, he still feels twinges from old war wounds: from turning down the Terms of Endearment role that won Jack Nicholson an Oscar, from the rage that occasionally blurred his judgment, from folks who left in droves during the bad times. They've returned now. "And I just say, 'I know you always loved me,'" he notes. "Because in this business you have to do that...
...waffled with Larry about the Iraq staredown. It was a beautiful day in the neighborhood when the next visitor, Democratic National Committee head Roy Romer, said that the contribution business is better than ever. Oh -- and he believes the President. Larry wrapped it up with the usual suspects: morality mogul Bill Bennett, Bob Squier (playing the Democrat) and Ed Rollins. Can you say b-o-r-i-n-g? Sure...