Word: majority
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Dates: during 1980-1989
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...weeks ago, the House passed a deficit reduction bill estimated at $368 million, which the Senate will consider later this week. Several House members cited Keverian's lack of strong leadership as a major factor in the defeat of one of the bill's provisions, which would have allowed the state to reclaim $46 million in beverage deposits form the soda and beer industry...
Like many another entrepreneur, Bond had never given much thought to art until he got rich. "This Pie-casso, now," he asked an Australian museum man over dinner in Sydney in the early 1980s, "is he worth having?" But a major impressionist collection was what Bond hankered after. He knew this could not possibly come cheap. He didn't care. He was, in short, a dealer's dream: Billionaris ignorans, a species now almost extinct in the U.S. but preserved (along with other ancient life-forms) in the Antipodes...
What's going on here? In almost any other industry, CNN's coups would be viewed as nothing short of piracy. But television is a business built on tenuous alliances. While the three major broadcast networks -- ABC, CBS and NBC -- have long been the dominant U.S. television programmers, they own only 20 stations. The other 620 that carry network programming are known as affiliates. These stations have traditionally served as supplementary news sources for the networks, but only loyalty and a common stake in competing against the other networks have prevented the affiliates from gathering and selling their stories elsewhere...
...bolster the reputation of their profitable newscasts, local stations send their anchors scurrying all over the world to report major international news stories that were once the domain of network reporters. California anchors fly off to Central America, Beijing and Tokyo. When East Germany began to break / down the Berlin Wall two weeks ago, dozens of local U.S. news teams headed to Berlin from markets as big as Seattle and as small as Manchester, N.H. Says John Spinola, general manager of Westinghouse-owned station WBZ in Boston: "Every time I look around, we've got someone out of the country...
Peterson and Morita have a point. When Australian Rupert Murdoch was taking substantial control of major American media properties (including Metromedia Inc. and 20th Century Fox), little was written about the dangers of media manipulation from Down Under. Reportage focused less on the fact that the predator was Australian (Murdoch has since acquired American citizenship) than that he was Murdoch. Nor did warnings sound when Canada's Thomson Newspapers acquired more than 100 papers...