April 8, 1999 |
USA Networks Inc., the media company headed by Barry Diller, agreed to buy some of Seagram Co.'s U.S. film assets in a deal valued by sources at $150 million. Diller has also pursued the purchase of cable channels that could make use of a film library, although sources said USA's recent $800-million offer for Bravo was rejected by Bravo's parent, Cablevision Systems Corp.
May 12, 1997 |
The acquisition of October Films by Universal Pictures is a savvy business step, continuing a trend that finds the most active independent distributors being absorbed by larger, wealthier studios ("Universal Says It Will Acquire October Films," Company Town, May 1). A few days earlier, MGM acquired John Kluge's Metromedia motion picture properties--Orion, Goldwyn and MCEG, a balanced library combining high-quality, specialized and lower-cost movies.
January 9, 2004 |
Bingham Ray, president of the United Artists specialty films unit of Metro-Goldwyn-Mayer Inc., is leaving the company effective immediately, MGM announced late Thursday. MGM said the decision was mutual and was made last year, but the company and Ray waited to disclose it. The New York-based Ray could not be reached for comment. The company said Ray would not be replaced. The unit will be run by Dan Rosette, executive vice president of United Artists, and Sarah Rose, senior vice president.
September 28, 1999 |
Universal Pictures is starting a division to handle specialty films, an increasingly lucrative business for studios that have found they can make sizable profits from independent movies, the Seagram Co. unit said Monday. The company named former Gramercy Pictures executive Claudia Gray and Paul Hardart, a strategic-planning executive with Universal, to run the unit. Gray was named executive vice president, Hardart senior vice president.
October 16, 1992 |
There may be times when viewers feel like dousing the verbose Tim McCarver with ice water, but Deion Sanders actually did it--three times. The drenchings occurred in the Atlanta locker room after the Braves' pennant-clinching victory Wednesday night. The ice water left McCarver boiling, and he and his CBS superiors have asked National League President Bill White to do something about it.
December 20, 1996 |
Striking, silver-haired actor Peter White has joined Ben Kingsley and Gabriel Bryne in Larry Gelbart's HBO satire "Weapons of Mass Destruction." White's latest film is the highly anticipated Albert Brooks opus "Mother," with Debbie Reynolds. White plays Debbie's conservative but sexually imaginative beau. (The buzz on Debbie's performance is building.
September 1, 1995
Peter F. Nolan has been promoted to the new position of senior vice president and general counsel for Disney Consumer Products. In addition, he continues as vice president and assistant general counsel of Walt Disney Co. Walt Disney Co. has also named Valerie A. Cohen, Edward J. Nowak and David K. Thompson to corporate senior vice presidency posts in its legal department. Each also holds the title of assistant general counsel.
February 25, 1997 |
The "Special Edition" of "Star Wars" was finally knocked off the top of the box-office chart by the "Special Edition" of its 1980 sequel. "The Empire Strikes Back" took in $22 million in its first weekend in re-release--the biggest February opener of all time. "Star Wars" placed second with $11 million. Its 24-day gross is $116 million. John Singleton's latest film, "Rosewood," came in eighth place in its opening weekend with a gross of $3.2 million.
February 24, 1998
Domestic market share and number of films in release for U.S. distributors Jan. 5-Feb. 22: Distributor: Paramount Films: 7 Market share: 29.8% * Distributor: Sony Films: 16 Market share: 14.8% * Distributor: Miramax Films: 9 Market share: 13.1% * Distributor: New Line Films: 8 Market share: 9.5% * Distributor: Warner Bros. Films: 9 Market share: 7.6% * Distributor: Universal Films: 5 market share: 4.9% * Distributor: 20th Century Fox Films: 5 Market share: 4.
September 21, 1992 |
Given the legendary trailblazing by composer John Cage and choreographer Merce Cunningham, the temptation to set forth their careers in terms of historical detail must be strong. Director Elliot Caplan resisted that lure, however, in "Cage/Cunningham," opening tonight for a four-night run at the Nuart Theatre. Instead, he has made a lyrical bio-rhapsody that neatly captures the restless wonder of their lives and works in almost hagiographical fashion.