Jon Peters' way with a checkbook is no less legendary in Hollywood than are his films (Batman, Rain Man). Two years ago, when Columbia's new owner, Sony, hired Peters and partner Peter Guber to head the studio, the pair's deliriously lucrative deal ($200 million for their production company alone) set a Hollywood record. Soon the partners were spending money as fast as the Treasury could print it: $40 million for Warren Beatty's Bugsy, $50 million for Steven Spielberg's Hook. Peters, 44, also became known for such extravagances as spending $80,000 on a colleague's surprise party and delivering flowers to his girlfriend...
ENTERTAINMENT The Peters Principle
ENTERTAINMENT The Peters Principle
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