May 30, 1999 |
Nine out of 10 Hollywood blockbusters end with the same three words: "Filmed in Panavision." In the 40 years since Panavision lenses were first affixed to movie cameras, the Woodland Hills-based company has become the tool of choice for top filmmakers worldwide. Its inventory of precision equipment is unrivaled. Its brand strength remains essentially unchallenged. But over the last year, Panavision Inc. hasn't performed like an industry leader. Quarter by quarter, it continues to lose money.
June 20, 2009 |
Panavision Inc., the longtime supplier of motion picture camera equipment, has replaced Chief Executive William M. Campbell -- after just 10 weeks on the job. The Woodland Hills company, controlled by investor Ronald O. Perelman, said in a statement that William C. Bevins, a longtime associate of Perelman's, had replaced Campbell, the former president of Discovery Networks USA who also had been an executive at ABC, CBS and Warner Bros. Television.
November 19, 1994 |
New World Communications Names President: Arthur Bilger, who helped run Drexel Burnham Lambert's corporate finance department in the 1980s, will also take over as chief operating officer of the company. William C. Bevins remains chief executive of New World, which is controlled by financier Ronald O. Perelman. Bilger most recently was a partner at Apollo Advisors.
October 28, 1986
The company, a restaurant and hotel concern, said it is considering the action to head off a potential takeover threat. Restructuring may include the spinoff or sale of one or more of its units, or a stock buyback or other recapitalization, a spokesman said. Transworld made the announcement after it learned that entities associated with Ronald O. Perelman, chairman of Revlon Group, had acquired 15% of Transworld.
November 27, 1986
Beverly Hills-based Hilton Hotels, which spun off its worldwide operation 22 years ago, said it is considering the repurchase of the subsidiary from New York-based Transworld Corp., which announced a liquidation plan calling for the sale of Hilton International and the sale or recapitalization of its other assets. The liquidation plan by Transworld followed a takeover bid by New York investor Ronald O. Perelman.