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VALLEY BUSINESS | BUSINESS ROUNDUP

Iwerks Reports Net Loss of $14 Million in Quarter

May 16, 2000

Iwerks Entertainment Inc., Burbank, reported a net loss of $14 million for the third quarter ended March 31 compared to a loss of $389,000 for the same period last year. Revenues dropped to $5.9 million from $10.4 million.

Iwerks provides film-based high-tech entertainment to specialty attractions, theme parks and other venues.

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