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...Corp. president doffed his jacket and donned a Men in Black T shirt for his big entrance. "Just a little marketing gimmick," jokes Idei. "But the guests congratulated us." Idei got hoots of approval for Sony Pictures Entertainment's biggest film of the year from the likes of Disney CEO Michael Eisner, Intel boss Andy Grove, Seagram's Edgar Bronfman Jr., Time Warner's Jerry Levin and DreamWorks' Jeffrey Katzenberg, to name...

Author: /time Magazine | Title: A NEW WORLD AT SONY | 11/17/1997 | See Source »

Remember the Greek mythological figure Icarus who flew too close to the sun on wings of wax? The modern-day version is Barry Sternlicht, the highflying CEO of Starwood Lodging Trust, which is in a vicious proxy contest this week with Hilton Hotels for control of ITT Corp. By topping Hilton's offer with a $10.2 billion bid for ITT, Sternlicht has thrust himself into what had been a very personal battle between Hilton CEO Stephen Bollenbach and ITT boss Rand Araskog--and thus into the public spotlight. Sternlicht is a Wall Street darling. His stock, including dividends, has soared...

Author: /time Magazine | Title: BURNED BY THE ITT BATTLE? | 11/17/1997 | See Source »

...provocative mix of alternative companies has also entered the fray. Diesel, based in Molvena, Italy, has flogged its $99 jeans with imagery of naked blow-up dolls sitting at a board meeting with an obese ceo. Its U.S. sales have grown from $2 million to $23 million in four years. JNCO, of Los Angeles, considered the progenitor of today's wide-leg craze, has taken off from the backsides of skateboarders to the broader jean community. The company, with industry estimated sales of more than $40 million, has led the industry with styles such as suede chaps and huge...

Author: /time Magazine | Title: LEVI'S GETS THE BLUES | 11/17/1997 | See Source »

...casinos from Reno, Nev., to Joliet, Ill., and Atlantic City. The Total Gold card is nothing less than a bold attempt to create the first national gambling "brand." "There is no question in my mind that we have the biggest database in the industry," says Harrah's president and CEO, Phil Satre. "It allows customization on a mass basis. I want the customers to feel that we recognize them and reward them...

Author: /time Magazine | Title: HOW CASINOS HOOK YOU | 11/17/1997 | See Source »

...other studio heads, who can be stirred to animation animus when they shiver in the shadow of the cartoon colossus. "We're rooting for Anastasia," says Bob Daly, Warner Bros. and Warner Music Group chairman and co-CEO. "It would be great for the entire industry if a non-Disney animated film became a real...

Author: /time Magazine | Title: CINEMA: THERE'S TUMULT IN TOON TOWN | 11/17/1997 | See Source »

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