Word: studioful
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Dates: during 1990-1999
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...other "software" for Sony's hardware: TV sets, vcrs and gadgets of the future. He started slowly at first by acquiring CBS Records for $2 billion in 1987. The real spree began in 1989 when Schulhof paid $3.4 billion for perennial also-ran Columbia and its sister TriStar studios. He immediately spent some $800 million more to recruit Batman producers Jon Peters and Peter Guber, who had never headed a major film company, to run the acquisitions. Next, Schulhof popped for a $175 million make-over of Columbia's movie lot in Culver City, California, and threw in daily deliveries...
...sympathy for Schulhof in Hollywood, where fellow moguls delighted in the downfall of a rival who was widely regarded as an interloper. Schulhof, the buzz said, may have been in Hollywood, but he was never really of it. Schulhof added to Sony's Hollywood expenses with the corps of studio chieftains who came and went at TriStar and Columbia, often departing with golden handshakes. Guber reportedly left with $40 million and a $200 million agreement from Sony to back him in a new company, an arrangement that was said to have infuriated Idei. A Hollywood executive summed up the prevailing...
...PAID ANNE SCHEIBER MUCH mind when she was alive. If anyone at all noticed her outside her Manhattan studio apartment, the frugal spinster, a mere five feet tall, was always dressed in the same cheap black coat and hat. She never bought a stick of furniture. She rarely bought a newspaper. But she did read one diligently. Every so often she would venture out to the local library where she could read the Wall Street Journal without paying for it. And on her little noticed journeys outside her apartment, she would also visit her stockbroker. When she died...
With Comedy Central's success has come a problem: the networks have come poaching. Steven Spielberg's new DreamWorks studio has hired Katz to develop new TV projects, and he is already at work on two potential sitcoms, one each for ABC and NBC. (Katz describes them only as "animated and not Friends"). Meanwhile, ABC is talking about acquiring Politically Incorrect in 1997, possibly to follow Nightline...
...Appalled and dismayed" was Columbia Pictures' re-action to the torching of a New York City subway token booth by assailants whose attack closely resembled scenes from the studio's latest release, Money Train. The clerk working inside the booth suffered severe burns. G.O.P. presidential contender Bob Dole, who has been campaigning against Hollywood's "pornography of violence," took to the Senate floor to urge a boycott of the film. In the debate about whether the movie inspired the crime, it was almost forgotten that the film scenes were themselves inspired by a series of real-life attacks...