Word: paramount
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Dates: during 1990-1999
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...will soon leave the company he has run successfully since 1983. There would be no place for Davis under Diller. And two weeks ago, Viacom announced an $8.4 billion merger with home-video retailer Blockbuster Entertainment. That deal enabled Viacom to sweeten the cash portion of its bid for Paramount but left little in the way of a role for Davis. With the bidding war now in its final phase -- a winner is expected to emerge in early February -- Davis met last week with TIME Boston bureau chief Sam Allis and business editor Sam Gwynne for the Paramount chairman...
...Davis: I didn't change anything. The change came about because of the court ruling in Delaware. We started off with a merger in September of Paramount and Viacom, and that merger is not going to take place along the lines we envisioned. The court, with which we respectfully disagreed, mandated that we auction off the company, and that is exactly what we have been doing. The latest QVC bid is a superior offer...
...TIME: What are the origins of your dispute with Diller in the early '80s at Paramount...
...president for 11 1/2 years, Tartikoff was probably the most influential and broadly successful TV programmer of the 1980s. He guided NBC from last to first in the ratings, overseeing such hits as The Cosby Show, The A-Team, Cheers and L.A. Law. Later he was named chairman of Paramount Pictures, but he abruptly resigned in October 1992 after just 18 months on the job. The reasons, he insists, were strictly personal: on New Year's Day 1991 he and his daughter had been severely injured in a car accident near Lake Tahoe. Tartikoff, who sustained a broken pelvis, recovered...
...Paramount he had to face another jarring life experience: failure, or something very close to it. Both Tartikoff and his bosses insist his resignation was voluntary, but his record was mixed at best. Though his tenure was too short to judge definitively, many of the movies he was most associated with (Coneheads, Leap of Faith, the low-budget holiday comedy All I Want for Christmas) were box-office disappointments...