Word: tisch
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MORTIMER ZUCKERMAN, THE REAL estate and publishing magnate, was throwing a typically glamorous luncheon at his Fifth Avenue apartment. Gathered at one table were takeover maestro Henry Kravis, billionaire Laurence Tisch, New Yorker editor Tina Brown and her husband Harry Evans, the head of Random House, along with some luminous stars of TV journalism--Diane Sawyer, Mike Wallace, Peter Jennings and Barbara Walters. It was a pretty predictable guest list for this crowd. But there was someone sitting at the same table who does not make a regular haunt of Fifth Avenue apartments. Uncharacteristically dressed in a suit, his beard...
Last week television networks were the hot property. No sooner had Disney thrown in its lot with Capital Cities/ABC than Westinghouse placed a bet with CBS to acquire the network after striking a deal with its president, Laurence Tisch, for $5.4 billion. The deals are dazzling not for their novelty--the mood to merge has been upon much of corporate America this year, with announced deals for the month of July alone totaling $50 billion--but for what they say about the value of networks in today's marketplace. CBS may be the third-rated network of the Big Three...
...vintage Murdoch: The pre-emptive bid outside all bounds of fiduciary caution, based not on the calculations of investment bankers but rather on what Murdoch felt the franchise was worth to him. He knew CBS had the right to top Fox's final bid but believed cbs chairman Laurence Tisch would bring his legendary tightfistedness to the table. "We knew we had to go with a figure that would cut him off psychologically," says Murdoch, relishing the memory...
...conversation with Gewanter, it came out that in the past four years four of his former students have found their way to Saturday Night Live, and he's talked to "friends at TV Nation" about others. A number are studying now at top-notch film programs like USC and TISCH at NYU. And Gewanter's only been here since...
...anybody can break the spell, says Hollywood royalty, it's the Katzenberg Kids. Film producer Steve Tisch, who is a close Katzenberg friend, says he would "love to be aligned with them. Plenty of executives would like to work for them -- I hear a lot of Xerox machines running today." Even Disney chairman Michael Eisner, who will not be sending his resume to Katzenberg, gives the troika a rave review. "Competition ignites and stimulates excellence," he says, "and for that I wish them well. I think they'll do well. And I think they'll force us to do even...