Word: seagrams
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Vivendi narrowed the field to one after many months of shopping, flirting and haggling with a long line of suitors that included Viacom, MGM, Liberty Media and finally Edgar Bronfman Jr., the former Seagram CEO who sold Universal to Vivendi in the first place...
...only Edgar Bronfman Jr. could borrow the powers of God, like Jim Carrey in Universal Pictures' Bruce Almighty. Then the former CEO of Seagram, the distiller that once owned Universal, could turn back time and erase the disastrous sale of the firm his family founded to France's Vivendi. Since that deal in December 2000, Vivendi Universal's stock has dropped 71%, devastating the Bronfman family fortune. And Edgar Jr., despite some successes at Seagram, has reinforced his image as dilettante and wannabe mogul. Business Week crowned him one of the worst managers of 2002, and New York magazine called...
...make no mistake, say his friends: Edgar Jr. would love to climb back into the mogul role. He has always loved Hollywood. The grandson of Seagram founder and former bootlegger Samuel Bronfman, Edgar Jr. began his career writing songs performed by Dionne Warwick and Ashford and Simpson and producing small movies. Pulled into the family business in 1982 by his father and made CEO in 1994, he scored wins by pushing premium brands like Chivas Regal and Absolut, and buying and selling Tropicana for a juicy profit. But Hollywood continued to beckon. He dumped the company's safe, lucrative stake...
When Bronfman sold Seagram to Vivendi for shares of the French utility and telecommunications company's stock, he wasn't the only media exec seduced by an ill-considered merger; the wedding of Time Warner (parent of TIME) to AOL comes to mind. But that's not much comfort to the Bronfman clan, which has seen its stake shrivel (in part because of stock sales) from $6.5 billion to a little more than $1 billion. So where will Edgar Jr. get the money for his bid? Analysts say Universal Music Group could sell for about $7 billion, and the rest...
...minded patrons. He found a niche at the Armour Institute of Technology in Chicago, heading the architecture department for 20 years. Mies was the first to conceive of a steel-and-glass skyscraper. Designed in the '20s, his glittering towers weren't built until the '50s - New York's Seagram Building was finished in 1958. Many of his one-story houses that let the outside in were built in the '30s, but look very '50s to us, with their glass walls and steel-and-leather furniture. Andrea Tarsia, the show's curator, says the Mies look became the "dominant architectural...