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BUSINESS
October 9, 1991 | From Times Staff and Wire Reports
Largo Entertainment Expands Slate: Producer Lawrence Gordon's Largo Entertainment is expected to double its output to at least six pictures a year under a new agreement with its Japanese backers, JVC/Victor Co. of Japan. Sources valued the funding package at more than $100 million. "This is a hit- driven business . . . and we want to have as many opportunities as possible to achieve a breakout picture," Gordon said.
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NEWS
May 29, 1992 | LESLIE HELM, TIMES STAFF WRITER
Hughes Aircraft Co. on Thursday announced the formation of a novel joint venture with a major Japanese electronics firm that will use defense technology to develop a new generation of video products for consumers. The new Carlsbad, Calif.-based venture will be 40% owned by Victor Co. of Japan, best known as the maker of JVC electronics products and holder of the patent on the hugely successful VHS videocassette recorder. The joint agreement--the first between a major U.S.
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ENTERTAINMENT
August 21, 1989 | NINA J. EASTON, Times Staff Writer
The electronics firm JVC/Victor Co. of Japan today will disclose plans for the largest Japanese investment in Hollywood to date--an injection of more than $100 million in a new film company to be run by former 20th Century Fox president Lawrence Gordon. Gordon, who has produced such films as "Field of Dreams," "Die Hard" and "48 Hours," said JVC's investment in the new company, Largo Entertainment, was worth "well in excess of $100 million, with plenty more capital to expand."
BUSINESS
April 7, 1992 | From The Financial Times
Japan's Fair Trade Commission is investigating Victor Corp. of Japan (JVC) for possible violation of that country's antitrust laws. The case illustrates the growing assertiveness of the commission in taking on mainstream Japanese companies and raises fundamental questions about business practices in Japan.
ENTERTAINMENT
August 27, 1989 | NINA J. EASTON
When JVC/Victor Co. of Japan last year reduced prices on the American videos it distributes in Japan, Japanese customers lined up to buy "Roman Holiday," the Gregory Peck-Audrey Hepburn romance that first appeared in theaters 36 years ago. The Paramount video outsold "Flashdance," "Raiders of the Lost Ark," even "Back to the Future." If the forward-looking Japanese needed any more reason to invest in American movie production, this was it: Quality Hollywood films hold their value for decades.
BUSINESS
April 7, 1992 | From The Financial Times
Japan's Fair Trade Commission is investigating Victor Corp. of Japan (JVC) for possible violation of that country's antitrust laws. The case illustrates the growing assertiveness of the commission in taking on mainstream Japanese companies and raises fundamental questions about business practices in Japan.
NEWS
May 29, 1992 | LESLIE HELM, TIMES STAFF WRITER
Hughes Aircraft Co. on Thursday announced the formation of a novel joint venture with a major Japanese electronics firm that will use defense technology to develop a new generation of video products for consumers. The new Carlsbad, Calif.-based venture will be 40% owned by Victor Co. of Japan, best known as the maker of JVC electronics products and holder of the patent on the hugely successful VHS videocassette recorder. The joint agreement--the first between a major U.S.
BUSINESS
October 9, 1991 | From Times Staff and Wire Reports
Largo Entertainment Expands Slate: Producer Lawrence Gordon's Largo Entertainment is expected to double its output to at least six pictures a year under a new agreement with its Japanese backers, JVC/Victor Co. of Japan. Sources valued the funding package at more than $100 million. "This is a hit- driven business . . . and we want to have as many opportunities as possible to achieve a breakout picture," Gordon said.
ENTERTAINMENT
August 27, 1989 | NINA J. EASTON
When JVC/Victor Co. of Japan last year reduced prices on the American videos it distributes in Japan, Japanese customers lined up to buy "Roman Holiday," the Gregory Peck-Audrey Hepburn romance that first appeared in theaters 36 years ago. The Paramount video outsold "Flashdance," "Raiders of the Lost Ark," even "Back to the Future." If the forward-looking Japanese needed any more reason to invest in American movie production, this was it: Quality Hollywood films hold their value for decades.
ENTERTAINMENT
August 21, 1989 | NINA J. EASTON, Times Staff Writer
The electronics firm JVC/Victor Co. of Japan today will disclose plans for the largest Japanese investment in Hollywood to date--an injection of more than $100 million in a new film company to be run by former 20th Century Fox president Lawrence Gordon. Gordon, who has produced such films as "Field of Dreams," "Die Hard" and "48 Hours," said JVC's investment in the new company, Largo Entertainment, was worth "well in excess of $100 million, with plenty more capital to expand."
ENTERTAINMENT
February 1, 1990 | NINA J. EASTON, TIMES STAFF WRITER
The new stars of Hollywood are its mega-producers, that small cadre of film makers who can boast consistently successful track records at the box office. The Japanese are knocking at their doors, Wall Street investors are flashing nine-figure contracts, and on Wednesday, Paramount Pictures made its hottest producing team a virtual studio within the studio.
BUSINESS
May 19, 1989 | From Reuters
Japan's smaller manufacturers of audio equipment, once sterling examples of high-tech success, are encountering heavy static in the face of new technology, the strong yen and rising Asian competition. Indeed, many specialist audio equipment makers will survive only by linking up with bigger firms or diversifying into new businesses, industry analysts say. "The audio industry is ripe for consolidation," said Noriko Manabe, an analyst at Jardine Fleming Securities. Hardest hit are the smaller specialists such as Sansui, Nakamichi, TEAC and Kenwood, to name but four of 27 Japanese audio equipment makers.
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