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John Taylor recounts the 1984 assaults on Walt Disney Productions by corporate raiders in a manner the founder would have approved: brisk narrative colored in primary emotional tones. The takeover artists are sometimes attractively shrewd but heedlessly greedy -- for action as much as for power and money. The company's executives, ponderously led by President Ron Miller, are brave but inept in their resistance. Meanwhile, Walt's nephew Roy and the other heirs squabble among themselves. In the end, all concerned muddle their way to a bright new management team -- imported from Paramount and Warner Bros. -- that will restore...

Author: /time Magazine | Title: Bookends: Aug. 24, 1987 | 8/24/1987 | See Source »

...worth $750 million or more -- could plummet by 90%. Reason: most of the value of a broadcasting station resides in its license. Nonetheless, GenCorp may be able to salvage some of its RKO investment. The company has agreed to sell its highly regarded KHJ-TV to the Walt Disney Co. for $217 million and three radio stations to other buyers...

Author: /time Magazine | Title: Turning Off RKO's Licenses | 8/24/1987 | See Source »

...growing commercial clout of the developing industrial world has made such countries less susceptible to superpower domination. So too has rising nationalist sentiment. "Quietly, erratically, the capacity of the developing regions to resist intrusion and to shape their own destiny has been increasing," notes University of Texas Professor Walt Rostow, who was Lyndon Johnson's National Security Adviser...

Author: /time Magazine | Title: Will The Cold War Fade Away? | 7/27/1987 | See Source »

California, as always, is someplace else again. Donating its services, Walt Disney Productions has created a mascot for the state's celebrations, Bisontennial Ben: a bison carrying a quill pen, just right for signing important documents. "We are making the Constitution user-friendly," says Peter Paul, executive vice president of the California Bicentennial Foundation, speaking in the argot of Silicon Valley. "We have taken California innovation and creativity and directed them to selling an important message...

Author: /time Magazine | Title: LIVING There's a Big Party On! | 7/6/1987 | See Source »

...Constitution has a more interesting / and turbulent existence. There the Constitution is not a civic icon but a messy series of collisions that knock together the arrangements of the nation's life. Those arrangements become America's history -- what its people do, what they are, what they mean. Walt Whitman wrote, "I contain multitudes." That is what the Constitution does -- an astonishing feat considering the variety of multitudes that have landed on American shores, and continue to land...

Author: /time Magazine | Title: The Ark of America | 7/6/1987 | See Source »

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