Word: paramount
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Dates: during 1990-1999
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...first sent a group of top executives to meet with Ovitz in Hawaii, where they talked about everything from world politics to prospective merger partners. A team of CAA experts then prepared a list three possible targets. The Japanese company rejected one studio, Orion, as too small. Another candidate, Paramount, was dismissed because some of its holdings, ranging from publishing (Simon & Schuster) to sports (the New York Knicks), didn't fit into Matsushita's strategy. Ovitz recommended MCA, which had the mix of show-biz operations that Matsushita wanted...
...fourth of Hollywood's seven major studios to be acquired by foreign companies: 20th Century Fox is owned by Rupert Murdoch's Australia-based News Corp., and MGM/UA was taken over earlier last month by Italian financier Giancarlo Parretti. That leaves only three major studios in American hands: Disney, Paramount and Warner Bros...
...reason why we may not be able to afford to wait is Iraq's development of nuclear weapons. Some estimates claim that Iraq may have nuclear weapons within several months. Although there is almost no way of confirming these estimates, there is the possiblity that Iraq may pose a paramount security threat if we wait too long...
...Edward Luttwak of the Center for Strategic and International Studies told the Senate Arms Services Committee last week, the new world is interdependent and "geoeconomic" rather than atomistic and "geopolitical." It is a world in which military strength is devalued and economic power is paramount. In that setting, economic sanctions are the weapon of choice, especially when supported so vigorously by the international community...
What gives Ghost its spooky staying power? The Paramount film will pass Disney's Pretty Woman this week to become the biggest box-office draw of the year, grossing almost $180 million since July. The sleeper hit, which tells the story of a murdered young Manhattanite who maintains a spectral presence on earth to protect his wife, has marketing experts trying to figure out its success. One theory is that the film's spiritual message prompts moviegoers to see it over and over with cultlike devotion. Paramount has taken out classified notices in newspapers saying, "If you have seen Ghost...