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June 26, 1996 | Times Staff and Wire Reports
'Total Recall' Rights Draw Heated Bids: Worldwide rights to produce a television series or movie based on the hit 1990 Arnold Schwarzenegger film were sold for $1.2 million to DSL Entertainment in a U.S. Bankruptcy Court auction, after bidding started at only $310,000. The sale of a potential TV project based on the film was conducted as part of the bankruptcy case involving former high-flying film producer Carolco Inc.
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BUSINESS
June 26, 1996 | Times Staff and Wire Reports
'Total Recall' Rights Draw Heated Bids: Worldwide rights to produce a television series or movie based on the hit 1990 Arnold Schwarzenegger film were sold for $1.2 million to DSL Entertainment in a U.S. Bankruptcy Court auction, after bidding started at only $310,000. The sale of a potential TV project based on the film was conducted as part of the bankruptcy case involving former high-flying film producer Carolco Inc.
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BUSINESS
August 25, 1989 | MICHAEL CIEPLY, Times Staff Writer
Exactly who was Jose Menendez? The Hollywood community and police investigators have been furiously pressing that question since Menendez--a relatively little known entertainment executive whose career nonetheless connected with some of the biggest names in show business--was shot dead with his wife, Mary Louise, in their Beverly Hills home last Sunday night.
BUSINESS
January 19, 1987
Carolco Pictures Inc. of Los Angeles appointed Sylvester Stallone and Steven Aronoff directors.
BUSINESS
July 8, 1992 | From Times Staff and Wire Reports
Carolco Cancels Offering: Carolco Pictures Inc. has suspended plans for a rights offering due to market conditions. Under the plan, the Los Angeles firm would have offered to holders of its common stock the right to purchase one common share for each 4.9999 common shares held. The proceeds were intended to be used to repurchase preferred stock from its strategic investors.
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