February 16, 1992
Welkos and Silverstein were just about right on the money (pun intended) with their article on the unemployment situation in the motion picture industry. However, regarding the quote from Menahem Golan, chairman of 21st Century Films, anyone in this business knows that Golan is no friend of labor. He said, 'If I did a $3- or $4-million picture there (Moscow), it would be like a $30- to $40-million picture here (the States). When you pay extras $60 to $100 a day here, you pay only $1 (a day)
April 15, 1989
Pathe Agrees to Deal: Pathe Communications, formerly Cannon Group, agreed to turn over its rights to two motion pictures to 21st Century Film Corp., headed by Menahem Golan, former Cannon chairman, in lieu of providing $160 million of financing for future film production by Golan. The films in the deal are the completed "Mack the Knife" and "Phantom of the Opera," which is in production. Separately, Pathe said it would not meet the deadline today for an interest payment to its bondholders.
February 28, 1989 |
Italian financier Giancarlo Parretti's design for building a Hollywood movie empire moved forward Monday with the announcement that Menahem Golan has resigned as an executive of Cannon Group. Golan and Yoram Globus headed the Los Angeles-based film company from 1979 until the Parretti group took control last April. Golan will set up a new independent production company with about $160 million from Cannon under a four-year agreement, the company said.
February 22, 1989 |
Menahem Golan, chairman of the board of Cannon Entertainment, has been selected to receive an award from the Israeli Union of Performing Artists honoring his work as a director and producer of motion pictures. Golan, who took the helm at Cannon in 1979, will be saluted at a March 15 celebration (marking the Israeli group's 10th anniversary) in Jaffa, Israel. Golan recently directed Raul Julia in Cannon's upcoming "Mack the Knife," (based on "The Threepenny Opera").
August 14, 1988 |
In Paul Mazursky's upcoming "Moon Over Parador," crazed producer Menachem Fein throws a temper tantrum on a movie set. Could it be a spoof of bombastic Menahem Golan, co-owner of Cannon Films? "It is Menahem," Mazursky told us. Will Golan get upset by the unflattering portrayal? "Why would he get angry? He would like it." Golan, who hasn't seen the movie, told us he was "flattered but disappointed" over his caricature. "I wish I was offered the role," Golan said, amused.