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Vestron hired 3 members of PSO's management.

BRIEFLY

August 26, 1986

Three days after creditors forced Producers Sales Organization to file for Chapter 11 bankruptcy, Vestron announced that it was forming its own Producers Distribution Organization to act as foreign sales agent for independent movie producers. The three from PSO are Gregory Cascante, who will be PDO president; Gary Barber, vice president and chief financial officer, and Julian Leven, vice president of operations.

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