ISSUE DATE: JUNE 26, 1989; VOLUME CXIII, NO. 26

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IN THIS ISSUE:-
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COVER: The Battle over TIME, inc. (Paramount). BATMANIA: Merchandising the myth of Batman. Cover: Photo by Ed Gallucci.

TOP OF THE WEEK [Major Top Stories]:
THE BATTLE FOR TIME INC. Time Inc. and Warner Communications hoped that in union they would find strength. Instead they got strife: Paramount Communications' bid upset the proposed merger and sent the stocks of all three companies into wild fluctuations. The directors of Time and Warner held round-the-clock strategy sessions to review their options, finally emerging Friday with a plan for Time to buy Warner outright for $14 billion. In a companion piece Thomas Griffith, former editor of Life and until his retirement press columnist for Time, provides a journalist's-eye view of the deal. Business: Page 48.

A REAGAN LEGACY: The Supreme Court remade in Ronald Reagan's image is tipping the scales of justice in a radically different direction this term. More evidence of the shift came last week when Anthony Kennedy cast the critical fifth vote in two rulings that limit the scope of affirmative action. With Kennedy, Reagan has fulfilled his vow to find a jurist whom critics of Robert Bork "object to just as much." National Affairs: Page 16.

BATMANIA: Hollywood's version of the 1989 Batmobile. Even before director Tim Burton's $35 million "Batman" premieres June 23, a Bat-fever is gripping the land. Baby boomers are nostalgic for the mythic comic book and TV hero of their youth. Kids like the fun; everywhere you turn this week, there is the Bat logo. The 100-plus licensees of Batman products may rake in $250 million by Christmas. Lifestyle: Page 70.

[FULL NEWSWEEK LISTINGS]:
NATIONAL AFFAIRS:
The court turns right.
House Democrats pick two rising stars.
Poking into HUD's swamp.
A family business.
Charge it to your state.
Poverty in suburbia.

INTERNATIONAL:
China's big lie.
The thoughts of dissident Fang.
The government is lying.
The media: too much candor?.
Cambodia's line of death.
Gorbomania in Germany.
Nagy's burial.
Battling over the bicentennial.
Abdication in Argentina.
Quayle in Central America.
Life after the ayatollah.

BUSINESS:
The battle over Time Inc. (the cover).
A Time journalist's-eye view.
The myth of global synergy.
Reformers 3, S&L lobby.
The junk king starts anew.
Robert J. Samuelson.

LIFESTYLE:
"Batmania": a summer struggle for the dark soul of a mythic American hero.
The Joker is wild, but Batman carries the night.

SOCIETY:
The plunder of the past: a bullish market for Native American artifacts.
Environment: A new scare at Rocky Flats.
Science: As American as apple pi.
Religion: Help wanted: fishers of men.
Education: From half day to full day.

THE ARTS:
Design: Temples of Lapidus.
Books: Journey without maps.
Humanity compactors.
Soviet snapshot.
Movies: Who's sliming who?.

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