Word: luce
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Dates: during 1990-1999
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...failure to define the situation they inherited and the alternatives open to them. By the time they took over, the company had already become more than a little bit pregnant, a condition brought about by the preceding management team, led by Andrew Heiskell and Hedley Donovan, Luce's anointed successors. It was under that team that the company moved from straight journalism into flirtation with the glitzy world of entertainment, into cable television and the pop culture-oriented PEOPLE magazine (later to be joined by ENTERTAINMENT WEEKLY...
...Henry Luce III, son of Time co-founder Henry R. Luce and a Time Warner director, corroborates a widespread report that the "one solid issue" triggering Nicholas' downfall was his attempt to block one of Ross's major deals: Time Warner's sale of a 12 1/2% share in its movie, cable-TV and Home Box Office operations to two Japanese companies, electronics maker Toshiba and C. Itoh, a trading company, for $1 billion. Luce says that while Ross wanted to bring foreign investors into operations that Time Warner would continue to control, Nicholas favored selling off assets outright...
Founders: Briton Hadden 1898-1929 Henry R. Luce...
...senior and a recent graduate of Harvard are among this year's winners in the Luce Scholars Program, College officials announced earlier this week...
Applicants for the Luce Scholarship Program undergo a rigorous selection process which includes a personal statement and one-on-one interviews for finalists in New York City...