Word: zenith
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Dates: during 1980-1989
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...Present at the creation." That was how Dean Acheson, Harry Truman's Secretary of State, described the crucial role of American officials in the birth of postwar Europe. Conceiving the Marshall Plan and midwifing NATO, U.S. officials went on to deploy America's power at its zenith to shape the framework of European security for two generations...
...When, four decades ago...T.S. Eliot won the Nobel Prize in Literature, he seemed pure zenith, a colossus...fixed in the firmament like the sun and the moon," Ozick writes...
...buzz word for the 1990s, especially in the entertainment business these days, is global. Paramount Communications last week announced that it had taken a major step in that direction by purchasing a 49% stake in the British firm Zenith, Europe's leading independent television programmer. A subsidiary of Carlton Communications, Zenith last year produced such dramas as The Paradise Club and Inspector Morse in Britain, as well as the romantic comedy Finnegan Begin Again...
Paramount declined to say how much it had paid for the acquisition, but Carlton's 1988 annual report put revenues for the production company at $95 million. "The Zenith acquisition represents our most significant entry into the international market," said Mel Harris, president of Paramount's Television Group. "By aligning ourselves with the United Kingdom's major independent producer, we are positioning ourselves for the 1990s and 1992, when Europe's trade barriers fall...
...sale will virtually wipe out Zenith's debt and enable the company to invest in new technologies, including high-definition television. While HDTV is probably a decade away, Zenith is developing flatter, sharper TV screens that may keep the company -- and the U.S. -- in the race with Asian manufacturers...