Word: evening
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Dates: during 1990-1990
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...Even before his latest coup, he was regarded as the most powerful man in Hollywood. Michael Ovitz, the town's No. 1 talent agent, can make or break a movie project or an actor's career. But as the power broker behind Matsushita's acquisition of MCA, Ovitz has reached an international stature that even legendary moguls might envy. "He is the mega-dealmaker," says an industry executive. "Not only on a film-by-film basis, but on the very largest scale of buying and selling studios. That is the most significant thing you can do in Hollywood...
...Ovitz prospered by matching such talent with CAA screenwriters and peddling the stars and stories to studios. But assembling the elements for such hits as Ghostbusters and Rain Man only whetted Ovitz's appetite for even greater power packages. His first real taste of corporate matchmaking came last year when Sony, impressed by his unrivaled Hollywood contacts, tapped him as a consultant for its $3.4 billion acquisition of Columbia Pictures...
...much as $8 million, plus an additional $2 million for serialization rights. "I am sure it would command one of the highest prices ever paid for a political memoir," says Lynn Nesbit, a literary agent based in Manhattan who counts Jimmy Carter among her clients. Other publishing insiders even suggest that Thatcher's autobiography would fare better in the U.S. than Ronald Reagan's, which was published last month to disappointing sales. The advance given to Reagan, in a deal that included a book of speeches: a reported $5 million...
...aimed at discrediting the local democrats: conservative-controlled rural regions have been holding back produce from Leningrad, and some train cars crammed with scarce goods have been left standing for months without being unloaded. But the 382-member city council deserves some of the blame for the economic mess. Even the most ardent reformers are growing exasperated with inexperienced, often incompetent deputies, who spend more time squabbling over plans to confiscate Communist property and change the name of the city back to St. Petersburg than debating bread-and-butter issues. Sobchak's efforts to crack the whip have provoked complaints...
...Iron Horse Vineyards. Renowned for his crisp, elegant sparkling wines, which have been served at White House state dinners, Tancer belongs to the cadre of talented young vintners who are largely responsible for this era of excellence. Their success has inspired ambitious new winemakers all across the nation, even in areas where grape growing is an experimental novelty...