Word: proprietor
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...Dieu, the news was enough to send any self-respecting member of Parisian cafe society lunging for the bicarbonate of soda. Maxim's, the world-renowned, gastronomic masterpiece on the city's tony Rue Royale, was sold last week. The new proprietor: Fashion Designer Pierre Cardin. The $20 million tab was steep even for Cardin, 58, who lately seems more interested in haute finance than haute couture. He has had designs on the art nouveau establishment since 1978, when Maxim's present owners, Louis and Maggie Vaudable, agreed to lend the eatery's venerable name...
...hired right-wing columnists and a conservative editor to set the tone. Last January Nowl's abrasive proprietor ordered his magazine to publish an eight-page speech he had written on the dangers of Communist infiltration...
...added that the plans to reimburse his customers with his earnings from a bill collection service and an import-export business, of which he is the sole proprietor...
...idle in the plant for three years, but stipulated that only N.G.A. members could operate it. Murdoch failed, as Thomson had before him, to persuade the N.G.A. to permit journalists and ad takers to use the equipment, as they do at most newspapers in the U.S. Thus the new proprietor lost his chance to introduce a significant money saving measure. But Murdoch did win several major concessions: 563 full-time jobs out of a total work force of 4,000 will be cut, the three supplements will be printed outside London, at substantial savings, and future work stoppages will...
...considerable courage. The assurances of editorial independence, which Mr. Murdoch has given, are very far-reaching, and there is no reason to doubt he will abide by them." In Toronto, Lord Thomson of Fleet was melancholy about giving up the paper, but he professed confidence about the new proprietor: "I feel very sad that we failed to make the papers successful. I know that [Murdoch] has the desire to show the world that he can produce good newspapers as well as sensational ones...