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Mca Inc

BUSINESS
October 25, 1996 | SALLIE HOFMEISTER, TIMES STAFF WRITER
The preliminary settlement reached by MCA and Viacom over the control of USA Network could be derailed by unresolved tax issues, according to sources close to the negotiations. The two sides hope that a final settlement can be agreed on before a trial is scheduled to resume over the matter on Monday in Delaware. The court postponed the trial after five days to allow the parties to finish negotiating an agreement under which Viacom Inc. would agree to pay $1.
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BUSINESS
October 22, 1996 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Viacom Inc. and MCA Inc. have reached a preliminary settlement to a legal dispute that would result in Viacom paying $1.45 billion to take full control of the USA Network cable channel that it owns in a 50-50 partnership with MCA. MCA would gain control of the Sci-Fi Channel owned by the partnership.
BUSINESS
October 18, 1996 | CHUCK PHILIPS
Remember when the wise guys in the record business used to refer to MCA as "The Music Cemetery of America?" Those days may finally be over. With four albums in the top 10 this week and a string of potential blockbusters due out before Christmas, the Universal City-based corporation is on a roll and poised to post a record fourth quarter. There is even speculation in the industry that MCA might end the year as a top distributor in the current album market share race.
CALIFORNIA | LOCAL
October 16, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Kicking off what is sure to become a contentious debate over plans to double development at Universal City, the county released a draft environmental impact report Tuesday that says the massive project is "consistent with . . . plans for . . . development within major centers."
NEWS
October 16, 1996 | PATRICE APODACA, TIMES STAFF WRITER
Kicking off what is sure to become a contentious debate over plans to double development at Universal City, the county released a draft environmental impact report Tuesday that says the massive project is "consistent with . . . plans for . . . development within major centers."
CALIFORNIA | LOCAL
October 15, 1996 | PATRICE APODACA, TIMES STAFF WRITER
MCA's proposal to more than double the development at its Universal City property will enter a critical phase today, with the release of Los Angeles County's draft environmental impact report along with the media giant's specific plan for the project. As previously announced, MCA over the next 25 years hopes to build $3 billion worth of offices, hotels, shops, restaurants, themed attractions and production facilities. The company says the development will create 13,000 new jobs, add $1.
BUSINESS
September 4, 1996 | JAMES BATES, TIMES STAFF WRITER
Former TriStar Pictures President Marc Platt has landed a job as the head of production at MCA Inc.'s Universal Pictures unit. Platt had been considered the preferred candidate to replace Hal Lieberman, who last month left his post as the studio's production chief to set up shop as an independent producer at MCA.
BUSINESS
July 31, 1996 | SALLIE HOFMEISTER, TIMES STAFF WRITER
MCA Inc. became the latest Hollywood studio to cash in on the exploding German television market with the announcement of two agreements to sell movies and TV shows that could generate revenues of more than $2.5 billion over the next 10 years for the company. With new digital technologies vastly expanding its television channels, Germany has become a grand bazaar for studios eager to sell long-term packages of TV and movie rights. Germany is shaping up to be Europe's largest importer of U.S.
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