Word: warners
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Dates: during 1990-1999
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Already Bronfman has earned the title of mischiefmaker. His sorties are tilting the fortunes of several prominent companies-not just Matsushita, MCA and his own but also Du Pont, Time Warner and infant multimedia outfit DreamWorks SKG. Last week, for $8.8 billion, the chemical giant bought back most of Seagram's 24.1% of Du Pont stock. Time Warner, of which Seagram owns a provocative 14.9%, braced for a messy stock scramble should Bronfman sell his shares. DreamWorks also looked to the shy, dapper mogul for indications that he would retain MCA's current, embattled management and thus be in line...
...time in TV, have been guiding TIME journalists into other video ventures too. Since 1991, more than 20 of the magazine's writers and correspondents have appeared in 60 segments of the MacNeil-Lehrer NewsHour. The Time video group's next outlet, beginning later this year, will be Time Warner Inc.'s Full Service Network, an experimental cable system in Orlando, Florida...
...account of a notorious 1981 Savannah homicide case, the book is now in its 46th printing and three weeks ago, passed the one-year mark on the New York Times' best-seller list. It has been translated into six languages, including Norwegian, is being developed as a movie by Warner Bros., and has sparked a tourist boom in the genteel town of Savannah. Says Susan Weiner, the city's mayor: "We are all now walking tour books...
Instead of raising a tent, they are raising money, and their success has been impressive. Never mind that the beaches of Malibu colony glitter with the shards of the grandest dreams. "Starting a studio is not an easy thing to do," says Warner Bros. chairman Robert Daly, who may see some talent from his animation unit sign with SKG. "No one's done it, and sustained it, in 50 years. But DreamWorks has a very good chance of being successful. Every move it's made has been well thought-out. Every day its chances look better...
...priestess Minerva. TIME staff writer Ginia Bellafante says it's all part of the mania inspired by journalist John Berendt's long-running true-crime bestseller, which just passed the one-year mark on The New York Times bestseller list. The book, now being developed as a movie by Warner Brothers, chronicles a notorious 1981 Savannah murder case. But, Bellafante says, its host of eccentric characters amounts to "an engaging portrait of a gossipy and class-conscious Savannah -- mannered, monied and soaked to its soul in the finest bourbon...