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...deal that would give KKR a substantial interest in magazines, the firm led a partnership that included several former officers of the Macmillan publishing and information-services company in a tentative agreement to pay more than $600 million for nine U.S. publications owned by debt-laden media magnate Rupert Murdoch. The KKR group would acquire such titles as Seventeen, New York and the Daily Racing Form, but the deal would exclude Murdoch's flagship publication, TV Guide...

Author: /time Magazine | Title: The Acquisitor Strikes Again | 5/6/1991 | See Source »

...Comfort of Strangers also features an unmarried couple, Colin and Mary (Rupert Everett and Natasha Richardson), resident at a hostelry outside their native land and facing up to yet another common middle-class problem. Their setting is Venice; their issue is the joylessness of sex. But the mood, well established by Paul Schrader's direction and Harold Pinter's elliptical screenplay, is one of languid menace. It is personified by Christopher Walken, excellent as Robert, whose psychopathic weirdness simultaneously attracts and repels the couple. And mysteriously energizes them. In his sexuality there is political metaphor. He is an undeclared fascist...

Author: /time Magazine | Title: All Stressed Up, No Place to Go | 4/22/1991 | See Source »

...reposition the fashion magazine from a book of endless pages of clothes to a style magazine that readers would pick up and stay with for a few hours," she recalls. When she was fired in 1988 by S.I. Newhouse, who wanted a younger look for Vogue, media buccaneer Rupert Murdoch came forward with a proposal that Mirabella found irresistible...

Author: /time Magazine | Title: A Fresh Take on Fashion | 4/1/1991 | See Source »

Some London business analysts question whether his interest in the Daily News will outlast the first heady gust of publicity. Others think he is determined to succeed where his archrival, Australian-born media mogul Rupert Murdoch, failed. Murdoch, who bested Maxwell in London to buy the Sun, News of the World and the august Times, burst onto the New York scene by acquiring the tabloid Post in 1976. During the next 12 years, Murdoch lost $150 million before being legally compelled to sell because he also owned a local TV station...

Author: /time Magazine | Title: Captain Bob's Amazing Eleventh-Hour Rescue | 3/25/1991 | See Source »

...which Sony paid $3.4 billion for Columbia Pictures, many Americans began to fear that the country's cultural heritage was being auctioned off, bit by bit. Universal is the 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...

Author: /time Magazine | Title: Let Us Entertain You | 12/10/1990 | See Source »

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