Show Business: Now All We Need Is an Ending

Rupert Murdoch buys half of Fox from Marvin Davis

Here's the story. A famous Hollywood studio--let's call it 20th Century- Fox --is in trouble. The 300-lb., bear-hugging Denver oilman who bought it in 1981--Marvin Davis might be a good name for him--has presided over a festival of flops with titles like Rhinestone, The Buddy System, A Night in Heaven, Blame It on Rio and Turk 182! Last September he brought in the super-star mogul of Paramount Pictures--let's give him the name Barry Diller--to turn things around. But meanwhile the losses keep on mounting: $85 million in the last fiscal year, $12.4 million in the last quarter for which there are...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!