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Word: paramount (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Viacom Inc., which owns MTV and other show businesses, announced a planned $8.2 billion acquisition of Paramount Communications. But at week's end two other TV titans -- QVC chairman Barry Diller and Turner Broadcasting -- were reportedly considering their own, separate bids for Paramount...

Author: /time Magazine | Title: News Digest September 12-18 | 9/27/1993 | See Source »

...video-game industry is being propelled forward by a technological imperative that is reshaping most forms of entertainment. America's telemedia giants -- from AT&T and Time Warner to Tele-Communications Inc. and the proposed Paramount-Viacom combo -- are spending billions to turn today's passive television broadcast system into a two-way, interactive information highway capable of delivering not just movies, sitcoms and news on demand, but the world's greatest video games as well...

Author: /time Magazine | Title: The Amazing Video Game Boom | 9/27/1993 | See Source »

...survive and conquer has now led Redstone, 70, the chairman of MTV-owner Viacom Inc., to launch what could be the business coup of a lifetime. At an age when most executives are thinking country clubs and conferences, Redstone last week engineered an $8.2 billion offer to acquire Paramount Communications for $69.14 a share in cash and stock and thereby create one of the world's media giants.Since Redstone would hold 70% of the voting stock of the combined company, he would have majority control of more movies, books and television shows than any other media mogul--unless Ted Turner...

Author: /time Magazine | Title: The Man with the Iron Grasp | 9/27/1993 | See Source »

...Paramount says yes to Viacom's Sumner Redstone...

Author: /time Magazine | Title: Time Magazine Contents Page | 9/27/1993 | See Source »

...first glance the proposed nuptials of Viacom Inc. and Paramount Communications look like a marriage made in heaven. The merged company, to be called Paramount Viacom, would unite Paramount's film and television studios with Viacom's cable systems and its networks such as MTV and Nickelodeon. Result: a global giant primed to compete with heavyweights like Time Warner, Tele-Communications Inc. (TCI) and Rupert Murdoch's News Corp. in everything from making movies to building an interactive electronic highway into the home. "It's absolutely the best fit" of all the recent media mergers, says Frank Mancuso, former president...

Author: /time Magazine | Title: Will They Reach the Altar? | 9/27/1993 | See Source »

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