Word: chairmanship
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Dates: during 1990-1999
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...else to explain his three attempts in as many years to amass a media empire he can call his own? Four years after he perplexed the entertainment industry by voluntarily resigning the chairmanship of 20th Century Fox, he could today be running any number of media conglomerates or resting on his laurels with a fat production deal somewhere--the traditional way in which Hollywood takes care of its own. Instead, at 54, Diller has chosen to put his credibility on the line and build his very own empire more or less from scratch. "This is either a worthwhile or worthless...
...Diller was named CEO of Paramount Pictures. With Eisner, whom he installed as president, Diller made it the most profitable Hollywood studio, year in and year out. He was considered a lock for the chairmanship of Gulf & Western, Paramount's parent company. Then he lost a power struggle and jumped ship for 20th Century Fox in 1984. His reason for subsequently leaving Fox in 1992 was straightforward: "It's not mine," he said at the time. "I'm both young enough and old enough to want to own my own store ... It's the one thing I haven't done...
...reform legislation. After word circulated that Packwood, who will keep his pension and health benefits, worth $88,922 annually, had cut a deal to stay on for 90 days-a charge Dole vehemently denied--the majority leader announced that Packwood would leave office on Oct. 1 and surrender his chairmanship immediately. Now, with the less seasoned William Roth of Delaware heading Finance, Dole must manage a raft of bills--even as he runs the Senate and campaigns for President...
...gripping 24-hour endgame that saw Packwood first declaring his intention to fight on in the full Senate, then slowly realizing he lacked the votes to keep his seat, which he will formally vacate on Oct. 1. Delaware's William Roth is poised to assume Packwood's chairmanship of the powerful Finance Committee--at a time when the committee has Medicare and welfare reform on its plate...
...Time Warner combination, even before Time Inc. bought Warner Communications. Time Warner executives have courted Turner for years, hoping to get him to fold his company into theirs. The sticking point was always the role Turner would play after such a merger. The offer last week of the vice chairmanship represented a significant concession by Levin...