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Frederick Woodruff "Ted" Field (born June 1, 1953) is an American media mogul, record executive, entrepreneur and film producer. He founded Interscope Communications to develop and produce films in 1982, and produced his first hit, Revenge of the Nerds, the same year. Seven years later, he co-founded Interscope Records with Jimmy Iovine in 1989. He is an heir of the Marshall Field family. Wikipedia