14 Facts About Laurence Tisch

Laurence Alan Tisch was an American businessman, investor and billionaire.

Laurence Tisch was the CEO of CBS television network from 1986 to 1995.

Laurence Tisch was born March 5,1923, in Brooklyn, New York, the son of Sadye and Al Laurence Tisch.

Laurence Tisch graduated from New York University when he was just 18 and received a Penn Wharton MBA in industrial management by 20.

In 1960, using the proceeds from their hotel empire, Laurence Tisch gained control of Loews Theaters, one of the largest movie house chains at the time, with Bob and Larry as co-chairmen of the company.

Laurence Tisch was invited by CBS to invest in the company so as to help stop the hostile advances.

Laurence Tisch was criticized for not understanding the broadcast business, not diversifying the business after selling its non-broadcast assets, and poor performance of CBS relative to its peers.

The network's low occurred on Laurence Tisch's watch in 1993, when the network refused to counter the upstart Fox's billion dollar bid for the rights to the NFL's NFC package it held since 1956, resulting in the network losing its NFL rights until picking up the AFC rights in 1998, and a number of affiliates to depart the network for Fox, leaving it to rebuild throughout the rest of the decade.

Laurence Tisch made major donations to the Metropolitan Museum of Art, New York University, the NYU Medical Center and the Wildlife Conservation Society.

Laurence Tisch was a former president of the United Jewish Appeal of New York.

Laurence Tisch's donations provided funding for a professorship in law, which was established in 2010 and is held by noted legal scholar Richard Epstein.

Laurence Tisch married Wilma "Billie" Stein in 1948; they had four sons:.

Laurence Tisch died of gastroesophageal cancer, aged 80, in 2003.

Laurence Tisch was interred at Westchester Hills Cemetery in Hastings-on-Hudson, New York.