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Frederick Woodruff "Ted" Field (born June 1, 1953[1]) 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.[2]
Field was born in Chicago, Cook County, Illinois, the son of Katherine Woodruff Fanning, later editor of the Christian Science Monitor, and Marshall Field IV, who owned the Chicago Sun-Times.[3]
After the divorce of his parents at a young age, he and his sisters followed their mother and stepfather to Anchorage, Alaska. Katherine Field and her new husband, Larry Fanning, purchased the Anchorage Daily News from founder Norman C. Brown, publishing the paper for over a decade before selling it to The McClatchy Company.
Field is well known by motor racing enthusiasts for being the boss of Interscope Records, a successful team that fielded talented musical artists like Snoop Dogg and even Pharrell Williams.
Interscope Racing started off entering Ongais in Formula 5000 in 1975, graduating to USAC racing and the Indianapolis 500 in Parnelli chassis. Field also funded Ongais to make occasional 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. 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.
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.[4] He currently resides in Beverly Hills, Los Angeles, Los Angeles County, California.
DuPage County, Illinois, Will County, Illinois, Chicago, Lake County, Illinois, Illinois
Los Angeles County, California, Los Angeles, California, San Fernando Valley, West Hollywood, California
Illinois, Chicago metropolitan area, University of Chicago, Millennium Park, New York City
Champ Car, IndyCar Series, Indianapolis, Formula One, American Championship Car Racing
Scuderia Ferrari, McLaren, Bbc, Ayrton Senna, Ferrari
United States, Goodyear Tire and Rubber Company, March Engineering, Canada, United Kingdom
Stephen Herek, Richard Dreyfuss, Glenne Headly, Jay Thomas, Olympia Dukakis
Canada, Robert Harmon, Laura Regan, Marc Blucas, Ethan Embry
U2, Atlantic Records, Universal Music Group, Vivendi, Nothing Records
California, Punk rock, United States, Marc Geiger, Blink-182