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...merged company, Thomas Murphy, has since trimmed 615 of 14,900 jobs. In June, General Electric absorbed front-running NBC (1985 advertising revenues: $2.7 billion) by purchasing the network's parent, RCA, for $6.3 billion. GE Executive Robert Wright will take over as NBC's president and CEO this week; he is expected to launch his own austerity program. The biggest factor in broadcast television's changing climate is that the networks no longer enjoy the hefty automatic annual increases in advertising rates and volume that they did in the past. This year overall ad revenue for the networks...

Author: /time Magazine | Title: Corporate Shoot-Out At Black Rock | 9/22/1986 | See Source »

Such manuevers may have cleared the way for Bok's numerous successes and his smooth administrative style. He has seen the University through 15 years now, through a transformation that has left him as the institution's top official, as more of a successful CEO than the head of the society of educated men and women. With the appointment of a low-profile dean of the faculty, Bok has reaffirmed that he will stand conspicuously at the forefront of the University's accomplishments...

Author: By Nick Wurf, | Title: No Reason Not to Divest Now | 8/8/1986 | See Source »

...troubles. It dipped into the red during the first quarter of this year, while the tightly run News jumped to a formidable circulation lead (390,275 vs. 244,629). The News's owner, A.H. Belo Corp., could rightly claim victory, but perhaps the biggest winner was MediaNews President and CEO William Dean Singleton, 34. As an 18-year-old, Singleton had been turned down for a job by the Times Herald. Said he last week: "I figured the only way to work there was to buy the place...

Author: /time Magazine | Title: Press: Paper Wars | 7/7/1986 | See Source »

Kashani was born to be a CEO; he loves french cuffs, limousines, bodyguards, and telexes. He affixes the title "Mir" before his name, which is roughly equivalent to "Prince", and signifies that he is a descendent of the Prophet Mohammed. Kashani's most extravagant appurtenance was a briefcase containing a cellular telephone that he sported during the 1985 Model...

Author: By Cyrus M. Sanai, | Title: Activism With a Grin | 6/5/1986 | See Source »

Despite his rise to national prominence, Ueberroth has been subject to his share of criticism. Some view his patriotic urgings as advancing the cause of a shrill jingoism. Others have charged that he remains too much the CEO, running the national pastime as though it were just a large corporation. The most serious difficulties Ueberroth has had as commissioner, however, are related to his request that all major league baseball players submit to unscheduled tests for illegal drug use. Although many appear to agree with the commissioner's get-tough approach, others have vehemently criticized his plan, saying it violates...

Author: By Matthew A. Saal, | Title: Ueberroth's Success the 'American Way' | 6/4/1986 | See Source »

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