Word: mtv
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...question is not as stupid as it sounds. Much to the annoyance of baby boomers, their kids often prefer rapping to singing and consider rhythm and riffs more important than melody. And dowdy Broadway, the birthplace of Streisand's fame, is not producing pop stars these days. To the MTV generation, a videogenic image can count more than musical talent...
...crucial point in the new film "Reality Bites," Michael (Ben Stiller), an executive for the new cable network In Your Face TV--"it's like MTV, but with an edge"--is about to reveal to his fellow executives a video documentary made by aspiring young filmmaker Leleina (Winona Ryder). Leleina's documentary is about herself and her three friends Troy, Vicki, and Sammy, who all have just graduated from college and are now trying to make it in the real world. Leleina intends her video to be a serious consideration of the many issues which confront the twenty-somethings...
Michael tells Leleina that "some of our best guys" have been working on the video to make it suitable for broadcast, and she has high hopes. However, almost immediately after the video begins playing, Leleina realizes that her serious work has been transformed into an MTV-style mish-mash of jumpy editing, silly graphics, and meaningless buzz words topped off with a soundtrack of hip tunes. Disillusioned, she tells Michael that their relationship is over and she storms out of the building...
That blunt, five-word concession statement rang down the curtain last week on one of the hardest-fought and longest-running takeover sagas in American corporate history. It came after Viacom Inc., best known for its ownership of MTV, won an overwhelming victory in the epic five-month battle for control of Paramount Communications, garnering more than 90% of Paramount shares soon after the polls closed in the proxy contest. In doing so, Viacom takes home some of the crown jewels of entertainment, including the Paramount film and television studios and a library of 890 movies ranging from Wayne...
...battle for Paramount ended rather anticlimactically on Monday, when shareholders finally voted more than the required 50.1% of their shares to Viacom for about $80 a share. The new company's properties now include, among others, MTV, Paramount Pictures, Simon & Schuster and a debt of $10 billion...