Westinghouse MCA merger shocks Hollywood
The Westinghouse Electric Corp announced a takeover of MCA, owner of Universal Pictures and Decca Records, shifting a once independent MCA under a giant financier. Industry observers note tax benefits for Stein and Wasserman and the strategic value of parent financing as studios gain access to broader capital for films and television.
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Dean Martin legends linger in lively tale of excess
New York gossip column recalls Dean Martin quirks and fears. He reportedly enjoys two Las Vegas shows with a sleep aid before the second, fears elevators, and sometimes reports noisy parties at his own home to police as a neighbor about to sleep. Other notes share industry moves and quips.
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