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Ownership of ESPN will further ABC's overall dominance in sports programming, an area where the network never settles for the silver medal. ABC paid a record $225 million for television rights to the Summer Games, and the company last January won an auction for the 1988 Calgary Winter Games with an unprecedented offer of $309 million. Said William Suter, who follows broadcasting at Merrill Lynch: "It was a natural fit. They'll do a lot for each other." ABC will gain a huge audience of subscribers, and ESPN will share in ABC's access to events...

Author: /time Magazine | Title: Double Play | 5/14/1984 | See Source »

...Fair also showed the social and festive aspects of medieval life. Costumed merchants and artisans displayed their wares while singers and dancers mingled with the crowd. Activities included a medieval auction and a simulation of a duel...

Author: By Jonathan N. Brachman, | Title: Medieval Festival in Mem Hall Draws Middle Ages Enthusiasts | 4/23/1984 | See Source »

...creating works whose best-known image is the child as sex object. One was the writer Vladimir Nabokov; the other is the painter Balthus. He is the antimodernist's modernist. His retrospective at the Pompidou Center in Paris this past winter drew large crowds, and in a March auction in London, one of his paintings went for more than $1 million...

Author: /time Magazine | Title: Art: Poisoned Innocence, Surface Calm | 4/16/1984 | See Source »

...open the front door, the investigators were astonished. Instead of the expected depot of pistols and machine guns, they found a cache ofobjets d'art and religious mementos, including a photograph of Giancana having a private audience with Pope Pius XII. Later, when this trove was sold at auction, Giancana's daughter Antoinette told prospective bidders: "Just look at these beautiful things. They show what a warm, sensitive person my father...

Author: /time Magazine | Title: Books: Goddaughter | 4/9/1984 | See Source »

...savings in an Individual Retirement Account. It thus lowers the investor's taxable earnings. Next, 10% of what the investor pays for the livestock comes directly off his taxes. Also, through embryo transplants, each cow becomes a factory for calves, which can be sold profitably at auction...

Author: /time Magazine | Title: Of Windmills, Cattle and Form 1040 | 3/19/1984 | See Source »

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