Word: viacom
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Dates: during 1990-1999
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...Viacom Inc., which owns MTV and other show businesses, announced a planned $8.2 billion acquisition of Paramount Communications. But at week's end two other TV titans -- QVC chairman Barry Diller and Turner Broadcasting -- were reportedly considering their own, separate bids for Paramount...
...burst of activity makes Murdoch a formidable force in the fast-evolving world of media alliances and the race to develop an electronic superhighway into the home. It pits the Australian-born mogul and his partners against such giants as Time Warner, AT&T and cable-firm Viacom International, which are rushing to build interactive systems of their own. At the same time, the star tv and BSkyB deals enable Murdoch to bestride the television world. When asked whether he intends to build a global TV network, Murdoch booms out, "Oh, absolutely...
...been itching for a revival of glamorous corporate takeovers. There's no business as sexy as show business, and this summer the wishful murmurs in New York City and Los Angeles have proliferated, become louder, zanier: Bill Gates is buying Whittle Communications, Disney is buying Whittle, Paramount is buying Viacom and its MTV Networks, Ted Turner is buying a movie studio . . . And, of course, Bill Cosby is buying...
...interactive computer maker 3DO Co. and software start-up General Magic. Earlier this month, the phone giant entered the video-game business through a joint venture with Sega Enterprises that will enable players to take on opponents over AT&T's phone lines, and it formed an alliance with Viacom, a cable-TV programmer, to launch a two-way video service that will let viewers receive movies on demand and shop from home. AT&T is also discussing a partnership with the nation's largest cable-TV operator, Tele-Communications Inc. (TCI). Says AT&T chairman and chief executive Robert...
Existing cable channels will subdivide or create spin-offs: a battery of sports channels from ESPN, say, or targeted versions of MTV. "My guess is we'll probably do three to five feeds of MTV, much like radio," says Frank Biondi Jr., president of Viacom, which owns the music-video channel and several other cable networks. "We'll do hard rock, rhythm and blues, urban contemporary -- right down the line...