Word: zenith
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...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...
...Zenith had expanded into computers to reduce its reliance on TVs, a business that low-cost foreign producers were beginning to dominate. The company bought the electronics-kit maker Heath in 1979 and expanded the division to include a line of laptop computers. Zenith's machines are now among the world's best sellers, bringing in about 60% of the company's revenues of $2.7 billion. With this deal, Bull will become the largest European-based computer maker...
...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...