Time Magazine


 




     

Rumor: Eisner's about to pick his No. 2
Walt Disney’s chief executive Michael Eisner is reportedly considering appointing Disney's ABC Group chairman Robert Iger to the company's No. 2 spot. The company's second ranking position has been vacant since Michael Ovitz left as president in 1996. The appointment would address continued pressure on Eisner to delegate responsibility for the company's day-to-day operations. There has been speculation that if Iger is appointed, he will succeed Eisner. However, Eisner says he will not name a successor until he leaves Disney. Eisner, 57, is under contact with the company until 2006. The Disney board is scheduled to meet on Monday, at which time Iger’s appointment may be discussed.

'Sopranos' sings like a jail bird
"The Sopranos" started its second season on a high note on Sunday--with record-breaking ratings. HBO’s huge marketing push behind the critically-acclaimed, mob-family drama seems to have worked. "Sopranos" opened the season with 7.64 million viewers watching, which is more than twice last season’s average of 3.43 million. In adults 18-49, the show tied NBC and beat the WB in the 9 o’clock time slot, a difficult feat for a cable program. The premiere was the most-watched original non-sports production in the history of the network. HBO predicts 11.5 million viewers will tune into the four airings of "Sopranos" this week, making it the most-watched cable series ever.

A&E's Oprah bio knocks 'em dead 
As if we didn’t know Oprah Winfrey was popular already? A&E’s special two-hour "Biography" of Oprah Winfrey on Sunday drew the largest audience of any program in the cable network’s history. "Oprah Winfrey: Heart of the Matter" drew an audience of 3.6 million on Sunday at 8 o’clock. A&E reports the show actually generated 4.8 million viewers, when combined with the second airing later that night. "Biography" beat out the 1996 premiere of "Pride and Prejudice."

Wicks closes on titles from Dow Jones
Wicks Business Information has closed the acquisition of Dow Jones Financial Publishing Corporation that had been announced in December. Among the publications Wicks has acquired in the deal are Investment Advisor, Asset Management and Property. The new name for the business is the Investment Advisor Group; it will function as an operating unit of the Financial Information Division of Wicks Business Information. Editorial director and publisher Robert Clark will oversee the day-to-day operations of the business.