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Prime Time memories

Celebs salute mag's milestone

NEW YORK — Even in Gotham, it’s rare to find one event that draws the likes of President Bill Clinton, Jerry Falwell, Jack Kevorkian, Mary Tyler Moore, Tom Cruise, Muhammad Ali — and a Kennedy or two.

Those faces were, however, in the crowd of more than 1,200 attendees at Time magazine’s star-studded 75th anniversary party, held Tuesday at Radio City Music Hall.

“Tonight, Time (pays) tribute to the time it not only observed, but helped to create — the 100 stunning years that your founder Henry Luce so unforgettably called ‘the American Century,’ ” Clinton said to the hall full of politicians, actors, scientists and writers — many of whom have graced Time’s cover.

One recent Time cover subject, ex-White House intern Monica Lewinsky, was not invited, although her lawyer-cum-celeb William Ginsberg did make the party.

Time has reason to celebrate, being an industry leader with a circulation of more than 4 million and ad revenue for 1997 at $533 million.

Attendees were dubbing the event the “party of the year,” with apparently only one low point: a speech by former Soviet prexy Mikhail Gorbachev.

“It was so boring,” said one network exec. “He must have thought he was at the United Nations.”

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