Word: mifflin
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Dates: during 2000-2009
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...debt, that's not a mistake he can repeat. Yet he must also be genuinely perplexed by his options. "My sense is that they would like to push forward with a European strategy, significantly reducing U.S. assets," says J.P. Morgan analyst Mark Harrington. It looks probable: Vivendi marked Houghton Mifflin publishers and the international arm of Canal Plus for disposal, while mulling the sale of Universal Entertainment. This would change Vivendi from an international power to a mid-sized European firm with more than half its revenues coming solely from France. But there are obstacles. Potential buyers like AOL Time...
...already spent billions connecting content with distribution. To catch up, Messier became a serial acquirer, buying the Bronfmans' Seagram Co. and its Universal movie studio, theme parks and music group for $34 billion in stock. Last year, in the U.S. alone, he agreed to buy book publisher Houghton Mifflin, music website mp3.com a 10% stake in the EchoStar satellite service, and the entertainment assets of Barry Diller's USA Networks for a total of $14.4 billion...
...Snobbery (Houghton Mifflin; 274 pages), Epstein's subject is the modern American version of this age-old vice. It's counterintuitive, but snobbery is a weed that flourishes in the soil of democracy. In the Old World, where hierarchies were strict, there wasn't much point in looking down on people who accepted that they were below you. Democracy, H.L. Mencken wrote, "is always inventing class distinctions, despite its theoretical abhorrence of them...
Rick Bass is the author of The Hermit's Story, a collection of short stories to be published this month by Houghton Mifflin...
...Catholic" (Houghton Mifflin; July 16), Garry Wills explains why he has chosen to remain a Catholic, despite his many doubts about Church doctrine. Kirkus is reverent, giving the book a starred review. "The prolific historian offers a timely confession of faith and an apology in the true sense of the term. Wills is not just any Catholic: he studied for the priesthood, has worked in Jesuit and papal archives, and has written many books on moral matters and the intersection of politics and religion. For having dared question the Church's positions on matters of doctrine great and small...