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...keep 20% of the new firm. In return, it would receive $3.8 billion in cash and reduce its debt by $1.6 billion - less cash than Vivendi's original price tag, but a deal nonetheless. The lead actors are crowing over their triumph. "It was a long struggle," concedes Bob Wright, chairman and chief executive of NBC, who will head the company called NBC Universal if the deal goes through. "We want to be in the content creation and distribution business in a bigger way, over a longer period of time. Universal was an opportunity that came...

Author: /time Magazine | Title: Deal Ahoy! | 9/7/2003 | See Source »

...remains to be seen whether Adjaye can reconcile his ideas about an architecture of community with his artist's taste for buildings that stand apart from their surroundings--like Frank Gehry's or Frank Lloyd Wright's--as one-of-a-kind sculptural objects. What can architecture be when art comes first? There are a lot of approaches to that question. What Adjaye is providing is some answers you should know about...

Author: /time Magazine | Title: Space Case | 8/28/2003 | See Source »

...year-old practitioner of both yoga and meditation, I was reassured to learn that other Americans have incorporated traditional Eastern philosophical methods into their lives as a way of coping with everyday rigors. The rat race needs to slow down for a soul-cleansing pit stop. MOLLY WRIGHT Chicago...

Author: /time Magazine | Title: Letters: Aug. 25, 2003 | 8/25/2003 | See Source »

Such a meeting of the church's leaders on a single, urgent topic is "very, very rare," says the Rev. J. Robert Wright, official historiographer of the Episcopal Church. "To my knowledge it has never been done before...

Author: /time Magazine | Title: A House Divided | 8/18/2003 | See Source »

...struggle in other churches," says the Rev. Eileen Lindner, a historian with the National Council of Churches. Lindner points out that Presbyterians, United Methodists and Evangelical Lutherans all have "substantial, active, gay faithful caucuses" that now will push to re-examine the question of gay clergy. In fact, Reverend Wright, who escorted "ecumenical observers" from other churches at last week's conference, said the prevailing view was that "a logjam had been broken...

Author: /time Magazine | Title: A House Divided | 8/18/2003 | See Source »

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