Word: randomly
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Dates: during 1990-1999
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...uproar at one or another of what has grown to 20 U.S. and 41 non-U.S. magazines, including Vogue, Vanity Fair, the New Yorker, Details, HG and Self, every one of which has had one or more top editors ousted and design face-lifts imposed. At the Random House book-publishing conglomerate, the longtime chief executive, a key division head and five other senior editors departed between November and March amid charges that Newhouse wanted to censor the politics of books and undervalued their social and cultural significance. He replied, "I do not like charity cases. I believe...
...report by gossip columnist Liz Smith, Si diligently informed Anthea Disney in person last year that she was through at Self -- by making a clumsy unannounced visit to her Connecticut home, where she was vacationing. Soon after Robert Bernstein resigned in November after 23 years as president of Random House, a seemingly orchestrated campaign portrayed him as having shown insufficient regard for profit margins during the previous five fast-growing years, in which company revenues doubled. And after Andre Schiffrin left in February as head of Random House's esteemed Pantheon division, where profit had always been secondary to literary...
...facto monopolies, while magazines and books must battle for attention in an increasingly crowded market and thus must be aggressive to survive. In any case, it is hard to quarrel with the results. As the family fortune has soared, the magazine and book divisions have contributed their share. Random House, bought for $70 million in 1980, went on a spree of acquisition and expansion into the global market and is deemed by financial analysts to be worth perhaps $1.5 billion today. The magazines have generally prospered, even in a declining ad market, despite the fact that several of them compete...
...well. Producer Richard Zanuck was filming Driving Miss Daisy a year ago when he heard about a first- time novelist peddling a manuscript based on her real-life experience as a Texas narcotics cop who got hooked on cocaine. By the time author Kim Wozencraft sold Rush to Random House for a $35,000 advance, Zanuck had already won the film rights for $1 million. The price was no fluke. Last month Tom Cruise paid about $1 million for the rights to Big Time, a novel by mystery writer Marcel Monticino...
...Random House; 390 pages...