Word: wb
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...Semel cited their "two spectacular, unbelievable decades" at Warner, a 19-year tenure spent mostly at the top of the film heap. And in recent years Warner's highly profitable television business even eclipsed the movie studio, creating such TV hits as ER and Friends and the rapidly rising WB network. Along the way they took the reins of Time Warner's vast $4 billion music empire following one of the brutal power struggles that periodically boiled up after Time Inc. merged with Warner Communications...
Despite the known passion the pair have for moviemaking, a studio executive who knows both men well said that lately they appeared to be tired and unhappy with the increased pressures from top executives in New York City. In the past they clashed with Turner about the WB--he was against launching it--and about the price Turner's cable channels would pay for Warner movies. Just last week Levin said he wanted to sell part of Warner Bros. retail stores, a piece of their empire and one in which they have a direct financial interest...
...divided into distinct white and minority (mostly black) 'hoods. Four years after Oprah Winfrey challenged Ross and Rachel to "get a black Friend," the most diverse group on NBC's Must-See comedies is the paint-colored men diving into the peacock logo at breaks, while UPN and the WB have a stable of black-cast comedies. Only a few sitcoms, like the WB's For Your Love and UPN's upcoming Grown Ups, are integrated...
There have been a few highly publicized retreats. The WB network pulled the season finale of Buffy the Vampire Slayer last month because it had Buffy and her pals squaring off with a 60-ft. serpent at a high school graduation. No guns and no fatalities, but the network was still worried that it would be Exhibit A if anyone in a cap and gown were injured anywhere in the country. (The show has been rescheduled for next month.) And the Bravo cable network yanked Teen Sniper School, a guess-you-had-to-be-there satirical segment on Michael Moore...
...fever has spread to the U.S. Within a month of its debut last September, the TV series--less a cartoon than a half-hour exercise in Pokemon product placement--became the highest-rated children's show in the U.S., first in syndication and now on the WB network. Nintendo has sold 2.5 million Pokemon Game Boy cartridges in seven months, making it the fastest-selling product in company history. Since January, 850,000 Pokemon trading-card sets have been sold in the U.S., and kids flock to malls to participate in official trading bazaars. So preoccupied are kids with...