December 12, 1995 |
If it's hard to picture Ted Field schmoozing it up with a Hollywood agent over dinner at Mortons, look again. The normally press-shy, once-elusive music and film impresario says he's now "emerging from the shadows and into the forefront" of his 14-year-old movie company, Interscope Communications, to try to make it as "hip and cool" as his successful record business.
CALIFORNIA | LOCAL
June 30, 1995
The State Board of Equalization on Thursday fined movie mogul Ted Field nearly $250,000 for failing to pay taxes on $19 million worth of Italian paintings he purchased for his former Beverly Hills mansion. Field, whose film credits include "Three Men and a Baby," agreed to pay the taxes last month, dropping his fight against the board's efforts to collect the money. Including interest, the total came to about $2.3 million.
May 14, 1995 |
Even by the standards of the super rich, this was a big art buy. Over a series of years in the 1980s, movie mogul Ted Field invested $19 million in exquisite Italian paintings, which he hung in a sprawling villa he owned in Beverly Hills. Few outside the world's elite art circles knew about the deals. But they did not escape the gaze of California's tax police. The State Board of Equalization now says Field--whose personal wealth is said to top $600 million--owes $2.
October 24, 1993 |
Jimmy Iovine, whose credits as a record producer and engineer range from John Lennon to U2, still winces at the humiliation of being turned down by everyone he approached in 1989 to invest in the record company he wanted to start. "People took my calls and they took me to their house for dinner," says the 40-year-old son of a Brooklyn longshoreman. "But I could sense a lot of them thinking, 'He's no record company president . . . he's no David Geffen.'
September 16, 1992 |
When Democratic presidential nominee Bill Clinton arrives in Beverly Hills tonight for one of his biggest fund-raisers, celebrity guests such as Barbra Streisand and Warren Beatty will turn heads instantly. Not so their host, a bearded, ponytailed man named Frederick W. (Ted) Field. Heir to one of America's great family fortunes and an established movie and music mogul in Hollywood, Field also has quietly become one of the most potent forces in national politics.
July 19, 1991 |
Of all the dopey movies recently--and there have been a ton of them--"Bill & Ted's Bogus Journey" (citywide) is the best. Perhaps it's because the movie is so unabashed and glowingly open about that dopiness. Like its central characters--a pair of seraphically good-natured and cretinously self-deluded San Dimas teen-agers who pepper their conversation with interjections like "bodacious," "awesome," "egregious," "How's it hanging, dude?"