Word: webber
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Dates: during 1980-1989
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Where does Dustin Hoffman, Hollywood's hottest leading actor, go to try his hand at Shakespeare? Where does composer Andrew Lloyd Webber, who has had six megamusicals on Broadway in the '80s, launch his latest? Where does American playwright Martin Sherman (Bent) debut a work about his countrymen in exile...
...most eagerly anticipated arrival, Lloyd Webber's Aspects of Love, is also the best. Adapted from a 1955 novel by Britain's David Garnett, it is a rueful and autumnal meditation on romance as a process of teaching, almost of parenting. Five characters of widely varying ages entwine, sort themselves out and entwine in new pairings over decades. This sophisticated material is handled with cunning naivete. Lloyd Webber's score, characteristically, consists mostly of a few much repeated tunes: Love Changes Everything, Seeing Is Believing and Life Goes On, Love Goes Free. All three rank among the prettiest...
...have what I think will be the greatest media and entertainment company in the world. I would rather be a long-term owner than cashed out of one of the world's most exciting companies at $175 a share." Concurred Kendrick Noble, who follows media companies for the Paine Webber investment firm: "After all the smoke blows away and we can look at the facts, Time's | shareholders should gain from this. The new company will produce higher income over the longer term...
Such problems have plunged most firms into the financial doldrums. Merrill Lynch, the largest U.S. brokerage, reported last week that its first-quarter profits tumbled to $37.2 million, down 46% from a year ago. Paine Webber Group said its earnings dropped 56%, while Dean Witter's income was off nearly 40%. Shearson Lehman Hutton suffered a particularly harsh blow. After writing down its holdings in MCorp, a troubled Texas banking firm, Shearson reported a $15 million loss for the quarter. Overall, the before-tax income of U.S. securities firms slumped to $450 million, down 60% from the first quarter...
...posh road stop for the British musical; the '80s' three signature smashes (Cats, Les Miserables and The Phantom of the Opera) were born in London. Jacobs tacitly acknowledges this when he proclaims Robbins "a genius, probably the genius of our time," then adds, "God pity me if Andrew Lloyd Webber hears that...