Word: moguls
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...days ago the wacky-haired mogul of boxing promotion gave a rousing talk at Harvard Law School in which he urged his audience to "make a difference" in doing away with racism...
...just of the story's source and tawdry sexual details but of its timing. The Star's scoop was first made public on the very day of President Clinton's acceptance speech, in a front-page story in the New York Post, a newspaper owned by conservative media mogul Rupert Murdoch. (Murdoch once owned the Star too, but he sold it in 1990 to the company that also owns the National Enquirer, its chief competitor...
...once you pass 50. BARBRA STREISAND has a new beau--and he's even from her generation. He's JAMES BROLIN, 56, the hirsute hunk of Marcus Welby, M.D. and Hotel. The two were introduced at a party given by Streisand's onetime hairdresser-lover turned Hollywood mogul Jon Peters, according to Variety's old-time celeb columnist Army Archerd. For a Streisand beau, the twice-divorced Brolin is pretty low profile (remember Andre Agassi, Don Johnson, Peter Jennings and that guy who guest-stars on Friends, Elliott Gould?). It's probably only coincidence that this news broke just weeks...
Last year some 300 of these low-rent films were released direct-to-video--more than the number made by the Hollywood majors--and they returned about $200 million to the producers. Those numbers wouldn't make a mogul drool; a single studio smash like Aladdin made more in video than all DTVs put together...
Others are following the same script. DreamWorks--the fledgling entertainment company founded by Steven Spielberg, music mogul David Geffen and former Disney studios chairman Jeffrey Katzenberg--originally planned to release three films in 1996 and five in 1997. But don't go running to the multiplex: DreamWorks has put only one film in production. "It's a very, very crowded marketplace, where films are going to be pushed out of theaters," Geffen says. "It's sane to make fewer films...