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...HOLLYWOOD'S STANDARDS, Michael Schulhof was a notoriously big spender. As the chairman of the U.S. operations of Sony Corp. and protege of company founder Akio Morita, Schulhof set out to build an entertainment empire that would create movies, records and other "software" for Sony's hardware: TV sets, vcrs and gadgets of the future. He started slowly at first by acquiring CBS Records for $2 billion in 1987. The real spree began in 1989 when Schulhof paid $3.4 billion for perennial also-ran Columbia and its sister TriStar studios. He immediately spent some $800 million more to recruit Batman...

Author: /time Magazine | Title: GOODBYE TO A PRODIGAL SON | 12/18/1995 | See Source »

...blend of East and West. He speaks fluent English and French, loves gadgets and rock 'n' roll, and favors stylish Italian attire. A high-energy executive who has trouble sitting still, Idei navigates Tokyo streets in a Jaguar sports car. His vision for Sony goes well beyond Walkmans and vcrs to future generations of products that can combine the functions of TVs, computers and other gear, and draw information and entertainment from sources as varied as satellites, cable lines and the Internet. That vision, however, did not include Schulhof. Sony Entertainment will now be run out of Japan...

Author: /time Magazine | Title: GOODBYE TO A PRODIGAL SON | 12/18/1995 | See Source »

...same token, we check out videos, but we don't provide VCRs," Kautman said. "It's not a great solution, but right now, [computers with CD-ROM drives are] not within the funding...

Author: By Nelson C. Hsu, | Title: Lamont Library Makes CD-ROMs Available | 10/5/1995 | See Source »

...modest. In one test involving 200 homes in the Denver area, U S West, AT&T and TCI found that viewers ordered an average of only 2.5 films a month. But that was over a clunky system in which human attendants pulled videotapes from shelves and ran them on VCRs in response to calls placed by customers. When it is completed, the I-way is supposed to deliver thick bundles of electronic wares that could combine true video on demand with local, long-distance and wireless telephone services, which consumers now buy separately...

Author: /time Magazine | Title: BATTLE FOR REMOTE CONTROL | 3/1/1995 | See Source »

...first phone sex? That was probably the first obscene phone call in which the recipient didn't hang up. When The Birth of a Nation was released in 1915, the erotic film A Free Ride was circulating through the men's smoker circuit. The explosion of VCRs coincided with the release of videotaped versions of such porno classics as Deep Throat and Behind the Green Door. Sales of video cameras didn't explode just because people wanted to tape their holiday celebrations and stupid pet tricks. As Tonya Harding and Jeff Gillooly recently reaffirmed, lots of videotape is recorded...

Author: /time Magazine | Title: TWILIGHT ZONE OF THE ID | 3/1/1995 | See Source »

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