Word: warners
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Dates: during 1990-1999
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...Time Warner is still moving toward an agreement to buy Turner Broadcasting, but negotiators expect to take several days to resolve last-minute issues. It might be longer, reports business writer Barbara Rudolph, if cable mogul and key Turner board member John Malone doesn't like the way $8.5 billion media merger develops. "Malone's Telecommunications Inc. is a rival of Time Warner. Malone can either make this deal or prevent it from happening." If or when the deal gels, she adds, "it's not clear whether all those egos (Malone, Time Warner Chairman Gerald Levin and Ted Turner himself...
...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...