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BUSINESS
August 16, 1995 | Times Staff and Wire Reports
MCA Plans Florida Park Expansion: Britain's Rank Organisation and Seagram Co.'s MCA Inc. said they will spend $2.6 billion to turn their Florida theme park into a major resort. The Universal City Florida resort will rival Walt Disney World, analysts said. The current Rank-MCA theme park, equally owned by the companies, is called Universal Studios Florida.
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BUSINESS
August 16, 1995 | Times Staff and Wire Reports
MCA Plans Florida Park Expansion: Britain's Rank Organisation and Seagram Co.'s MCA Inc. said they will spend $2.6 billion to turn their Florida theme park into a major resort. The Universal City Florida resort will rival Walt Disney World, analysts said. The current Rank-MCA theme park, equally owned by the companies, is called Universal Studios Florida.
BUSINESS
July 18, 1990 | From Times Wire Services
The U.S. Justice Dept. said it will challenge, under federal antitrust law, 20th Century Fox Film Corp.'s proposed sale of Deluxe Laboratories to the British entertainment firm Rank Organization. The department said the sale of Deluxe, a film lab, "would tend substantially to lessen competition" among labs serving Hollywood movie studios. It said the Deluxe acquisition would give Rank roughly half of the $140-million U.S. market for producing prints of major feature films.
BUSINESS
July 18, 1990 | From Times Wire Services
The U.S. Justice Dept. said it will challenge, under federal antitrust law, 20th Century Fox Film Corp.'s proposed sale of Deluxe Laboratories to the British entertainment firm Rank Organization. The department said the sale of Deluxe, a film lab, "would tend substantially to lessen competition" among labs serving Hollywood movie studios. It said the Deluxe acquisition would give Rank roughly half of the $140-million U.S. market for producing prints of major feature films.
BUSINESS
November 1, 1990 | Times Wire Services
Xerox Corp. announced today that it will restructure its South Pacific operations, resulting in an expected 40-cent to 50-cent per share fourth-quarter boost. Under the plan, Fuji Xerox Co. Ltd. will take management responsibilities and ownership of Rank Xerox Limited's operations in Australia, Malaysia, New Zealand and Singapore. Rank Xerox, based in Britain, is a joint venture between Xerox and the Rank Organization PLC.
NEWS
March 22, 1989 | From Times staff and wire service reports
Cineplex Odeon Corp. said today that it has sold its 50% stake in Universal Studios Florida to pare the debt amassed to finance an aggressive expansion strategy. Toronto-based Cineplex Odeon said it will sell its interest in Universal Studios Florida to a U.S. subsidiary of the Rank Organization Plc for about $150 million. U.S. Universal Studios Florida, a joint venture between Cineplex Odeon and MCA Inc.
BUSINESS
August 23, 1990 | JUBE SHIVER Jr., TIMES STAFF WRITER
Universal Studios, which hoped that its ambitious "Jaws" and "Earthquake" theme rides would help its 2-month-old Orlando, Fla., amusement park rival neighboring Disney World as a tourist attraction, has sued the rides' designer, saying poor workmanship has kept the rides on the blink. The 40-page lawsuit is the latest chapter in Universal's high-stakes gamble to turn a once-swampy plain in central Florida into an attraction projected to draw more than 6 million visitors a year.
BUSINESS
March 4, 1992 | SUSAN CHRISTIAN, TIMES STAFF WRITER
It took nothing less than a lawsuit to confirm that the cinema-themed restaurant Planet Hollywood is coming to Orange County. The suit, announced Tuesday by Hard Rock Cafe owner Peter Morton, contends that Planet Hollywood infringes on his restaurants' trademark. But for Orange County, the most sensational aspect of the lawsuit is its incidental revelation that a Planet Hollywood is slated for Costa Mesa's South Coast Plaza by the end of summer.
NEWS
March 7, 1988 | HARRY NELSON, Times Medical Writer
Britain's National Health Service, founded 40 years ago on the promise, in the words of one parliamentary supporter, to provide free to every citizen "whatever medical treatment he requires, in whatever form he requires," is undergoing an unprecedented crisis.
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