Word: warner
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According to Gates, Time Warner CEO Gerald M. Levin agreed four years ago to sponsor a visiting professor in Afro-American studies. At last June's commencement, Levin notified Gates that he wanted to make the funding permanent as an endowed professorship...
...astonishment, he announced with absolutely no warning that Time Warner had decided to endow a chair," Gates said...
University spokesperson Rebecca Rollins declined to put a dollar value on Time Warner's gift, but she said that endowments of this type are generally at least $3 million...
Gerald Levin declined to say whether any future endowments from Time Warner were in the works, stressing the spur-of-the-moment nature of the decision. But he didn't rule anything...
...Warner Bros. set in Los Angeles isn't a NORAD bunker. But the similarity is no accident. When executive producer George Clooney and crew re-create Sidney Lumet's 1964 nuclear chiller Fail-Safe, with CBS execs and director Stephen Frears (High Fidelity, Dangerous Liaisons) watching nervously from a trailer outside, they'll be facing another cold war-era specter: live television. Airing at 9 p.m. E.T. (delayed P.T.), this pet project of Clooney, a longtime lover of live TV whose father Nick was a newsman and variety-show host, will be CBS's first theatrical production in 39 years...