The Info List - Ted Field

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FREDERICK WOODRUFF "TED" FIELD (born June 1, 1953 ) is an American media mogul, entrepreneur and film producer.

He is an heir to the Field family fortune. At $1.2 billion, Field is No. 236 on the Forbes list of the 400 richest people.


* 1 Early life * 2 Career * 3 Personal life * 4 Filmography (producer) * 5 See also * 6 References * 7 External links


Field was born on June 1, 1953 in Chicago, Cook County, Illinois , the son of Marshall Field
Marshall Field
IV , who owned the Chicago
Sun-Times from 1956 to 1965, and Katherine Woodruff Fanning , who was later an editor of several newspapers.

At a young age, Field's parents were divorced. Field's mother married to Larry Fanning, who became his stepfather. Field, his sisters, his mother and his stepfather moved to Anchorage, Alaska . Field's mother and Larry Fanning purchased the Anchorage Daily News
Anchorage Daily News
from founder Norman C. Brown. His parents operated the publishing the paper for over a decade before selling it to The McClatchy Company .


Field's Interscope Racing started off entering Danny Ongais in Formula 5000
Formula 5000
in 1975, graduating to USAC racing and the Indianapolis 500 in Parnelli chassis. Field also funded Ongais to make occasional Formula One
Formula One
outings in a Penske
during the 1978 season.

Field also backed the construction in 1980 of an Interscope chassis designed by Roman Slobodinskij for the Indianapolis 500
Indianapolis 500
. This was intended to take a turbocharged six-cylinder Porsche
engine (similar to the one Ongais and Field were using in their Porsche
935 ) but a dispute with USAC over turbo boost meant the program was abandoned.

In 1982, Field founded Interscope Communications , which produced more than 50 major films. In 1984, Field was a leader of a group that bought movie camera manufacturer Panavision
. In 1987, Panavision
was sold to Lee International . In 1990, he co-founded Interscope Records . After abruptly leaving Interscope in January 2001, he formed ARTISTdirect Records with the backing of BMG . Ted Field is currently chairman and CEO of Radar Pictures.

Field and Radar Pictures have faced legal action in recent years over allegations of fraudulent misconduct. In December 2016, Field and his company were ordered by a federal judge to assign profits from 11 films, including Sony ’s Jumanji , to producer Johnny Lin ’s Filmula Entertainment to satisfy a breach-of-contract judgment over the failed reboot of Trauma Records .


From 1984 to 1998, he owned a mansion formerly owned by Howard B. Keck located at 1244 Moraga Drive in the gated community of Moraga Estates in Bel Air, California . He currently resides in Beverly Hills , Los Angeles, Los Angeles County, California .