Word: tisch
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Dates: during 1980-1989
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Dealing with the postal crunch will be a formidable job for Anthony Frank, 56, who became Postmaster General this month. He replaced Preston Tisch, who returned to the management of Loews Corp. Frank, a former chairman of San Francisco's First Nationwide Financial Corp., has already jumped to the defense of the Postal Service, pointing out that the "magnitude of the task is just beyond belief." As for the higher rates, even critics concede that U.S. postal service is cheap compared with that of other countries. Mailing a letter in West Germany, for example, costs 48 cents, while the price...
...executives stood by their man. "There is no question that what Dan portrayed on the air was not the sort of gracious Southern gentleman that he is in person," said News President Howard Stringer. "What we got was a journalist in pursuit of a story." CBS Chairman Lawrence Tisch, who was traveling in the Far East on business when the episode occurred, was briefed on it by telephone and, according to Stringer, was "very supportive." CBS staffers, though shaken by the initial barrage of criticism, were also upbeat by week's end. "This is one of the first times...
Just four months later, activity and spirits at CBS News are higher than they have been since Laurence Tisch took control of the company 16 months ago. Rather's disappearing act was followed almost immediately by an upsurge in the Evening News ratings, courtesy of a September change in measuring the audience. In late November the low-rated Morning Program, an empty-calorie confection that replaced the CBS Morning News, was canceled after 10 1/2 months, and its time period was given back to the news division. Next week the network will introduce an ambitious new documentary series, 48 Hours...
...manic rebound from depression has its ironies: after laying off 230 news staffers last year, the network has now added more than 100 to handle the increased programming. Cynical insiders note that the departed have been replaced by less expensive newcomers: "Producerettes, we call them," says one survivor. Tisch sees the renewed signs of life as proof that his cost cutting was justified. "It was painful," he says, "but we've come out stronger...
...less than 60% of a typical entertainment show. And in the increasingly bruising TV environment, network executives are anxious to stress what they believe cable and other competitors cannot match -- CBS's news prowess. "We just can't think of every program in terms of dollars and cents," says Tisch. "Hit programs come and go, but CBS News is an institution that I hope is going to be here for the next 100 years." Aaron Altman -- or Edward R. Murrow -- could hardly quarrel with that...