Word: warner
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Dates: during 1980-1989
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...agreed to pay $200 million to buy Guber-Peters Productions. One of the hottest producer teams in Hollywood, Peter Guber, 47, a former Columbia production executive, and Jon Peters, 42, who got his start as a hairdresser to the stars, produced Rain Man for United Artists and Batman for Warner Bros...
Sony reportedly hopes to put the two hitmakers in top posts at Columbia, but that courtship raises some knotty questions about how the two would fulfill their existing obligations. Guber and Peters recently renewed an exclusive five-year production agreement with Warner Bros. Already in the works under that contract are a sequel to Batman, a film adaptation of Bonfire of the Vanities and other projects. Sony's first creative challenge may be negotiating a deal under which rival Warner gets its hits and Guber and Peters are given a shot at jump-starting Columbia. Now that Sony has paid...
...Warner Bros. Film...
Assistant N.R.A. counsel James Warner says he only meant to describe the life of a soldier to Bennett and explain why bringing back a semiautomatic weapon "bought in good faith" is so important to G.I.s. Is Bennett going to answer Warner's letter soon? No, says Bennett's office. Is he ever going to answer Warner's letter? "Basically, the answer...
...such buybacks have reduced the supply of shares on the market by a record $94 billion during the first half of the year, or nearly 4% of all outstanding stock. The buyout of RJR Nabisco alone took $25 billion worth of stock off the market, while the acquisition of Warner Communications by Time Inc. will reduce supply by another $14 billion...