Word: warners
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Dates: during 1990-1999
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...Yugoslavia, but the totality of the tragedy demands more space than any magazine can give it. That's why, when the idea of mounting a photographic exhibit was presented to TIME's managing editor Jim Gaines and picture editor Michele Stephenson, they jumped at the opportunity. "Life and Time Warner had already sponsored an exhibit on Somalia, and we felt we should do the same for Bosnia," says Stephenson. "It was a chance to tell the whole story -- all sides and facets." The result is "Faces of Sorrow," a collection of 64 images that document the cruelties and suffering that...
...quarter of the stock in Turner Broadcasting, mellowing Ted Turner (he told someone recently he's "a lot less hungry" than certain other moguls) was persuaded last week not to offer his own competing bid for Paramount. If Turner had wound up buying Paramount, it would have left Time Warner, which owns a fifth of Turner (and which has a seat on QVC's board), in the untenable position of owning a large piece of Paramount, one of its primary Hollywood competitors. Oddly, no one seems to recall that one of Paramount's most compelling assets in the current deal...
...first to clear his throat was Ted Turner, the freewheeling founder of CNN, who just last month struck a deal to buy two much smaller movie companies. On Friday he was given the go-ahead by his board -- which includes representatives from his big investors, TCI and Time Warner -- to explore a rival offer. Barry Diller, chairman of the QVC shopping network, is also interested, as is Blockbuster Entertainment. Further tangling the web: TCI chairman John Malone, who is Diller's equity partner as well as Turner's, could make a bid either alone or in conjunction with the other...
...while such synergistic ideas sound good at the outset, they could prove difficult to engineer. For instance, Viacom plans to award rights to a film based on MTV characters Beavis and Butt-head to Paramount instead of Warner Bros., as originally planned. But impresario David Geffen spent a good part of last week fighting Viacom's Sumner Redstone to keep the film at Warner...
...firm would battle rival giants across a vast range of entertainment and information markets at home and abroad. Viacom and AT&T are building an interactive cable-TV system in Castro Valley, California, that has similarities to one that Time Warner has under construction in Orlando, Florida. At the same time, MTV competes overseas with Rupert Murdoch's British Sky Broadcasting and Ted Turner's CNN. But industry watchers say such clashes of the titans don't have to be fatal. Says Christopher Dixon, an industry analyst for Paine, Webber: "There's room on the planet for all these guys...