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.
August 21, 1998 |
In trying to find ways to manage risk in a capital-intensive, low-return business, Hollywood's major studios have been increasingly depending on production outfits that can bring their own financing to the table and serve as reliable suppliers of top-grade product to their distribution pipelines.
May 23, 2000 |
Sometimes in Hollywood, a guy can get lucky. The partners in Spyglass Entertainment, executive producers of "The Sixth Sense," the supernatural thriller that has grossed $660 million worldwide, know how it feels. Gary Barber and Roger Birnbaum and their 18-month-old production company have made calculated bets on a number of films. "Sixth Sense" has paid off in spades.
December 3, 2010 |
After 18 months of turmoil and uncertainty, MGM has gotten a green light to start anew. A New York federal bankruptcy judge on Thursday confirmed the "prepackaged" plan by creditors to wipe out about $5 billion in debt, clearing the way for the 86-year-old entertainment company to focus its efforts on producing and releasing movies and television shows. With Thursday's ruling that the plan meets the requirements of the U.S. Bankruptcy Code, no legal obstacles remain for MGM to relaunch under Spyglass Entertainment founders Gary Barber and Roger Birnbaum.
August 11, 2010 |
After several weeks of haggling over deal terms, Spyglass Entertainment is in the final stages of hammering out an agreement to take over the management of debt-ridden Metro-Goldwyn-Mayer, according to people familiar with the situation. The parties have agreed on the major deal points, including how much Spyglass founders Gary Barber and Roger Birnbaum would be compensated in management fees and equity, but a few outstanding issues need to be resolved, said one of the people, who added that an agreement would be consummated shortly.
July 17, 2013 |
There was primping, flirting, laughing, betting, drinking - and that was before the first race went off on opening day at Del Mar. In what has become the social event of the year in San Diego County, a crowd of 43,030, the largest to attend a horse race in California this year, showed up on Wednesday to create a party-like atmosphere complete with hats seemingly designed from an unknown civilization. "Oh my God. Look at this," one female track visitor said in awe of a hat that included an iron replica of the Eiffel Tower covered with flowers and feathers.