Thursday, March 29, 2018

Kyle Phoenix Answers: I admired Mary Tyler Moore as actress, but admit I don't understand how Oprah found her a role model as a news woman?




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When Jeffrey Jacobs was explaining at Bill Cosby's behest why Oprah should push ownership over a $250k paycheck, I'm sure he was able to use MTM to illustrate his business point. Cosby had routinely taken ownership stakes in his TV fare so in her catbird seat to create TOWS it made sense to acquire 25% ownership per year for the initial 4 year contract, leverage debt with a venture capitalist and build a studio, the evolution of MTM.

The newsroom connection and sunny disposition probably also helped her emotionally identify and pursue that form of thinking and ownership.







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