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April 27, 1994 | From Times Staff and Wire Reports
Hallmark to Buy TV Movie Producer RHI Entertainment: Hallmark Cards Inc. has agreed to acquire the independent producer for $378 million, plus the assumption of $50 million in debt. RHI, the producer of the critically acclaimed "Lonesome Dove" miniseries, will become a wholly owned subsidiary of the Kansas City, Mo.-based greeting card company, whose TV involvement mostly consists of its "Hallmark Hall of Fame" specials.
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BUSINESS
June 20, 2008 | Tom Petruno, Times Staff Writer
Much of the pulp TV programming that RHI Entertainment Inc. churns out is a lampooner's dream. "Killer Wave." "Blood Monkey." "Black Swarm." You get the picture. That didn't stop investors from handing the New York-based production company $189 million in its initial public stock offering on Wednesday. But by the end of the stock's first session of trading, the people who bought in may have been feeling like one of the hapless victims in RHI's horror fare: "What was I thinking opening that door?"
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BUSINESS
June 18, 2008 | Tom Petruno, Times Staff Writer
No Emmy for this deal: TV-miniseries kingpin RHI Entertainment Inc. priced its initial public stock offering late Tuesday at $14 a share, below the $16-to-$18 range the company had hoped to get. RHI, based in New York, is the production house of the Halmi family -- legendary producer Robert Halmi Sr. and son Robert Jr. RHI was a public firm in the early 1990s until it was bought out by Hallmark Cards in 1994. The Halmis stayed on board under Hallmark's wing, producing a slew of content for the Hallmark Channel and for other outlets.
BUSINESS
June 18, 2008 | Tom Petruno, Times Staff Writer
No Emmy for this deal: TV-miniseries kingpin RHI Entertainment Inc. priced its initial public stock offering late Tuesday at $14 a share, below the $16-to-$18 range the company had hoped to get. RHI, based in New York, is the production house of the Halmi family -- legendary producer Robert Halmi Sr. and son Robert Jr. RHI was a public firm in the early 1990s until it was bought out by Hallmark Cards in 1994. The Halmis stayed on board under Hallmark's wing, producing a slew of content for the Hallmark Channel and for other outlets.
BUSINESS
June 20, 2008 | Tom Petruno, Times Staff Writer
Much of the pulp TV programming that RHI Entertainment Inc. churns out is a lampooner's dream. "Killer Wave." "Blood Monkey." "Black Swarm." You get the picture. That didn't stop investors from handing the New York-based production company $189 million in its initial public stock offering on Wednesday. But by the end of the stock's first session of trading, the people who bought in may have been feeling like one of the hapless victims in RHI's horror fare: "What was I thinking opening that door?"
BUSINESS
April 27, 1994 | JOHN LIPPMAN, TIMES STAFF WRITER
Hallmark Cards Inc. has agreed to acquire independent TV movie producer RHI Entertainment Inc. for $378 million, plus the assumption of $50 million in debt. RHI, producer of the critically acclaimed "Lonesome Dove," will become a wholly owned subsidiary of the Kansas City, Mo.-based greeting card company, whose TV involvement mostly consists of its "Hallmark Hall of Fame" specials.
ENTERTAINMENT
September 10, 1992 | ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation's press
Briefly Told: The 14th annual Cable ACE Awards, recognizing excellence in original cable programming, have been set for Jan. 17 at the Pantages Theatre, the site of last year's ceremonies. . . . Robert Halmi's RHI Entertainment will turn Ivana Trump's novel, "For Love Alone," into a two-hour movie for CBS.
BUSINESS
July 29, 1994 | From Times Staff and Wire Reports
Hallmark Forms New TV Unit: The greeting card giant formed Hallmark Entertainment to supply films and miniseries to the television networks. Robert Halmi Jr., president and chief executive of Hallmark's newly acquired RHI Entertainment Inc., will hold the same title at the new unit. RHI and Signboard Hill Productions will remain as production firms reporting to Hallmark Entertainment. The new unit plans to produce more than 40 network television projects this year.
BUSINESS
April 27, 1994 | From Times Staff and Wire Reports
Hallmark to Buy TV Movie Producer RHI Entertainment: Hallmark Cards Inc. has agreed to acquire the independent producer for $378 million, plus the assumption of $50 million in debt. RHI, the producer of the critically acclaimed "Lonesome Dove" miniseries, will become a wholly owned subsidiary of the Kansas City, Mo.-based greeting card company, whose TV involvement mostly consists of its "Hallmark Hall of Fame" specials.
BUSINESS
April 27, 1994 | JOHN LIPPMAN, TIMES STAFF WRITER
Hallmark Cards Inc. has agreed to acquire independent TV movie producer RHI Entertainment Inc. for $378 million, plus the assumption of $50 million in debt. RHI, producer of the critically acclaimed "Lonesome Dove," will become a wholly owned subsidiary of the Kansas City, Mo.-based greeting card company, whose TV involvement mostly consists of its "Hallmark Hall of Fame" specials.
BUSINESS
June 5, 1990 | From Associated Press
Qintex Entertainment Inc., a television production and distribution firm, will sell its operating assets for more than $65 million in two transactions, it was announced today. Beverly Hills-based Qintex Entertainment said in a statement that its board of directors had agreed to sell its entertainment assets to RHI Entertainment for $42.4 million. RHI Entertainment will receive the Qintex library, accounts receivable, development projects and other assets under the deal.
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