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Taste Makers

ENTERTAINMENT
December 24, 1989 | NINA EASTON
Akio Morita wasn't the first foreigner to buy a movie studio during a decade when ownership of Hollywood companies began to shift overseas. But because he also is the founder and chairman of the Japanese electronic giant Sony Corp., his purchase last fall of Columbia Pictures Entertainment for $3.4 billion, easily became the decade's most ambitious and controversial move into Hollywood movie-making. Sony's purchase came two years after it bought another American entertainment giant, CBS Records.
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