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Steve Ross

Steve Ross

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Also Known As: Steven J Ross Died: December 20, 1992
Born: September 19, 1927 Cause of Death: complications arising from prostate cancer
Birth Place: Brooklyn, New York, USA Profession: executive

Biography CLOSE THE FULL BIOGRAPHY

Entered the film industry when his father-in-law's limousine rental service expanded to include Kinney Systems parking lots, which then bought Ashley Famous Talent Agency and Warner Bros.-7 Arts in 1969. By 1972, the dynamic Ross held the titles of chairman of the board and president and CEO of Warner Communications. He was a key figure in expanding Warners into the realm of cable, and kept the company from being bought out when the failure of Atari resulted in a sharp decline in Warners stock. In 1989 Ross was named co-chairman and co-CEO of the newly formed powerhouse Time Warner Inc. Until his untimely death from prostate complications in 1993, he shared power with Gerald Levin. Among the seasoned executive's last deeds was the greenlighting and support of Steven Spielberg's landmark "Schindler's List" (1993), a film the director dedicated to Ross.

Entered the film industry when his father-in-law's limousine rental service expanded to include Kinney Systems parking lots, which then bought Ashley Famous Talent Agency and Warner Bros.-7 Arts in 1969. By 1972, the dynamic Ross held the titles of chairman of the board and president and CEO of Warner Communications. He was a key figure in expanding Warners into the realm of cable, and kept the company from being bought out when the failure of Atari resulted in a sharp decline in Warners stock. In 1989 Ross was named co-chairman and co-CEO of the newly formed powerhouse Time Warner Inc. Until his untimely death from prostate complications in 1993, he shared power with Gerald Levin. Among the seasoned executive's last deeds was the greenlighting and support of Steven Spielberg's landmark "Schindler's List" (1993), a film the director dedicated to Ross.

Filmographyclose complete filmography

CAST: (feature film)

1.
2.
 Young Love, First Love (1979) Steve
3.
 Clone Master, The (1978) Clone Double
VIEW THE FULL FILMOGRAPHY

Milestones close milestones

:
Began career working for father-in-law's limousine rental service; expanded service to include Kinney System parking lots
1962:
Merged businesses once again with father-in-law's funeral parlor operation; went public with conglomerate "Kinney Service Corp."
1966:
Purchased National Cleaning Contractors
1966:
Became president and director of Kinney Services Inc.
1969:
Bought Ashley Famous talent agency and (for $400 million) Warner Bros.-Seven Arts film studios and record business
1971:
Led Warner into buying cable properties
1972:
Rose to chairman of the board, president, and CEO of Warner Communications Inc.
1980:
Suffered a heart attack
1983:
Warner stock declined after Atari went belly up; Ross sold 20 percent of Warner to investor Herbert J. Siegel to prevent Rupert Murdoch from buying Warner
1989:
Became co-chairman and co-CEO, Time Warner Inc. after merger of Time Inc. and Warner Communications Inc.
1991:
Began treatments for prostate cancer in November
VIEW ALL MILESTONES

Education

Paul Smith's College: - 1948

Notes

Ross came under criticism at Time Warner's annual shareholder's meeting, September 26, 1991, for reportedly earning $78 million after Warner Bros.' merger with Time Inc. in 1990. Ross said the figure included only $3.6 million in pay for his service as chair and co-chief executive of Time Warner and while the balance reflected payments from the buyout of his stake in Warner Bros. Ross was also criticized for a unique perk, dubbed a "golden coffin" by a former Time staff member, in which his family will collect his salary and bonus for three years after his death. --From Daily News, September 26, 1991.

A 1991 Forbes Magazine article reported that Ross's aggregate earnings during his 17 years as head of Warner Bros. was nearly $280 million.

Steven Spielberg's acclaimed 1993 adaptation of Thomas Keneally's historically-based novel "Schindler's List" is dedicated to Ross.

Ross served as president and on the board of directors of the New York Convention and Visitors Bureau.

Ross also served as president and on the board of directors of the New York State Alliance to Save Energy.

He was a member of the board for sports medicine for Lenox Hill Hospital.

Companions close complete companion listing

wife:
Carol Ross. Married c. 1954; divorced in 1978; her father Edward owned a successful funeral parlor named the Riverside; remarried; motehr of Ross' two older children.
wife:
Amanda Burden. Second wife; married in 1980; went through a difficult divorce after 16 months; daughter of Barbara 'Babe' Paley and stepdaughter of CBS chairman William S. Paley.
wife:
Courtney Sale Ross. Documentarian. Third wife; married in 1982; survived him; produced "Listen Up: The Lives of Quincy Jones" (1990).

Family close complete family listing

daughter:
Toni Ross. Restaurateur. Mother, Carol Rosenthal Ross; married to Jeff Soloway, with whom she owns Nick & Tony's restaurant in East Hampton NY.
son:
Mark Ross. Mother, Carol Rosenthal Ross.
daughter:
Nicole Ross. Mother, Courtney Sale Ross.

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