Word: paramount
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Dates: during 1980-1989
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...best-known underdog. The American Broadcasting Co. was created in 1943 when the FCC forced the National Broadcasting Co. to give up one of its two radio networks (NBC kept the so- called Red Network; its Blue Network became ABC). Ten years later, ABC merged with United Paramount Theaters, whose chief executive, Leonard Goldenson, became president of the new company and its guiding spirit...
...bought it in 1981--Marvin Davis might be a good name for him--has presided over a festival of flops with titles like Rhinestone, The Buddy System, A Night in Heaven, Blame It on Rio and Turk 182! Last September he brought in the super-star mogul of Paramount Pictures--let's give him the name Barry Diller--to turn things around. But meanwhile the losses keep on mounting: $85 million in the last fiscal year, $12.4 million in the last quarter for which there are figures. So what does this desperate tycoon do? He sells half the shop...
...country remains much better at stockpiling weapons than wheat. Military- industrial production has always been the Soviet Union's paramount priority, and the country's best brains are devoted to it. Soviet scientists and technicians, many of them first-rate by any standard, have put cosmonauts in space and built intercontinental ballistic missiles of fearsome power. But while that talent is concentrated in the military establishment, the civilian economy goes begging...
...Times' daily circulation in Alabama was then some 400 copies, out of a total circulation of 650,000, and the suits were clearly intended to discourage the national news media from covering the turmoil in the South. In a unanimous 1964 ruling, the Supreme Court wrote of the paramount importance of "uninhibited, robust, and wide-open" discussion, praised the unique role of the press in fostering free debate, and threw out an earlier state court verdict won by an Alabama plaintiff...
Although Miller said keeping Harvard admissions open to all regardless of financial need is "of paramount importance," he added the University is considering the possibility of abandoning that policy...