Word: see
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Dates: during 1980-1989
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With 4:13 remaining, attackman John Heil's wraparound shot found the far corner of the Crimson net, tipping the see-saw Cornell's way the final time. Tim McDevitt cushioned the lead a minute later, firing a shot over Harvard goaltender Chris Miller's right shoulder...
...Bertelsmann bought RCA Records and the Doubleday and Bantam Books publishing houses; Britain's Robert Maxwell took over Macmillan publishers; Japan's Sony acquired CBS Records; and Australian-born Murdoch (now a U.S. citizen) accumulated newspapers, magazines, a movie studio and a TV network. Said Time's Munro: "We see Maxwell, Murdoch, Bertelsmann and Sony coming into our market and raising hell, and we see this ((merger)) as an opportunity for an American company to get competitive." In fact, Time Warner would vault ahead of the competition. Bertelsmann, whose annual revenues are nearly $7 billion, would fall...
...with any large merger, the Time-Warner deal will be reviewed by the Government to see if it poses any antitrust or other regulatory problems. The only major overlap between the two companies is that they are both big operators of local cable-TV systems. After the merger, Time Warner will serve 5.6 million customers, or 12% of U.S. households with cable. The new operation will still be smaller than the largest cable company, Tele-Communications, which serves 24% of the industry's customers. Experts say that unless President Bush takes a tougher antitrust stance than the Reagan Administration...
...start in 1922. That year, in a small office on 17th Street in Manhattan, two young men, Briton Hadden and Henry Luce, wrote a prospectus for a radically new magazine that became TIME. Hadden lived only long enough to see TIME become a success; under Luce, Time Inc. grew into the largest magazine publisher in the U.S. When Luce died in 1967, Time Inc. had four magazines. Today it publishes 13 and is part owner of another eleven. Along the way it also became one of America's most significant book, video and cable-TV companies...
...Broadway season when eight of the eleven new plays have been comedies, three of them sex farces, and the cheapest of four new musicals cost $5 million to stage, it is heartening to see work as simple, spare and serious as Metamorphosis. One just wishes it were better. Despite an effective stage- acting debut by dancer Mikhail Baryshnikov, the most ballyhooed highbrow event in the theater so far this year is all but bereft of emotional force. At the finale, two actresses stand rigid, their cheeks glazed with tears, yet much of the audience reacts only with uneasy titters. Director...