Word: warner
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...hire capped the busiest period in Hollywood's game of musical moguls since 1984, when Barry Diller moved from Paramount to 20th Century Fox, Eisner and Jeffrey Katzenberg from Paramount to Disney, and Frank Wells from Warner Bros. to Disney. Those shifts cued the creation of Fox as a fourth TV network and Disney's growth into a multimedia behemoth . Now, in less than a year, Katzenberg leaves Disney and starts DreamWorks with Steven Spielberg and David Geffen; Ovitz's partner Ron Meyer takes the vacant post at MCA; and Ovitz, the top dealmaker, joins Eisner, the most powerful showman...
...whole lot more valuable because the major players need content even more." Last week, too, there were rumors that Turner may be trying to regain greater control of his company. The speculation was that Turner, together with Bronfman, was hatching a deal to swap Bronfman's Time Warner shares for Time Warner's holdings in Turner Broadcasting...
Rumors are swirling aroundTime Warner Inc.that the media giant will sell off its 50 percent share of Interscope Records, the controversial music label that produces many top rap acts, including Snoop Doggy Dogg and Tupac Shakur. "Time Warner may be looking for a way to distance itself from the more strident, objectionable type of gangsta rap," saysTIME's Richard Zoglin. "I think it reflects the company's general discomfort with this type of music." Michael Fuchs, chairman of Warner Music Group, has been meeting with Interscope executives in recent weeks. The company has not commented on the rumors...
released by Warner Brothers...
...lack of congressional assistance would sharply slow the process. Laws permitting some competition in local phone service are already on the books in eight states, including New York, Illinois and Washington; 18 others are drafting measures to encourage more firms to enter the field. Under current provisions, Time Warner has begun to offer packages of cable-TV and local phone service in Rochester, New York; the company intends to provide similar plans to most of its 11.5 million U.S. cable subscribers over the next several years...