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BUSINESS
August 24, 1989 | From Times wire services
A reported target of the government's investigation of New York's futures markets and his firm were fined a total of $550,000 today for violating trading rules at the Commodity Exchange. Preston H. Semel, who runs a brokerage in gold, silver and other commodities, was cited after an internal exchange investigation of various trading rules violations, including ones that apparently parallel a separate federal probe.
BUSINESS
September 9, 1997 | Chuck Philips
Phil Quartararo, president of Virgin Records U.S., is close to completing a deal with Time Warner Inc. to become president of Warner Bros. Records, sources said. No contract has been signed, but sources close to the negotiations said an announcement regarding Quartararo's hiring is expected within weeks. Sources said Quartararo was approached months ago to join the label by Warner Bros.
ENTERTAINMENT
March 9, 1999 | RICHARD NATALE, SPECIAL TO THE TIMES
The first footage of Stanley Kubrick's final--and extremely hush-hush--film, "Eyes Wide Shut," will be shown Wednesday when Warner Bros. unveils its 1999 product reel at the exhibitors' convention ShoWest in Las Vegas, studio executives said Monday. About 90 seconds of the film will be shown. After more than two years in production, the sexual thriller starring Tom Cruise and Nicole Kidman will debut on July 16 on 2,500 to 3,000 screens in the U.S., followed by a European release in September.
BUSINESS
April 29, 1994 | JAMES BATES, TIMES STAFF WRITER
Despite coming out on the losing end on issues such as the General Agreement on Tariffs and Trade and cable re-regulation, the hard fact is that Hollywood's heavyweights like to give the "soft money." According to a Common Cause report issued Thursday, the list of contributors who gave money to national political party committees--contributions that are commonly called soft money--during the past several years "reads like a who's who of the entertainment industry."
CALIFORNIA | LOCAL
April 1, 1995 | DIANE HAITHMAN, TIMES STAFF WRITER
Calling entertainment, arts and other cultural activities "the second-largest export business in America," Warner Bros.' Chairman Terry Semel on Friday told the President's Committee on the Arts and the Humanities that cutting arts funding is the wrong way to save money. "Cutting these funds, which are already very small, will not solve the problem," said Semel, co-chairman of the committee, which was making its first visit to Los Angeles.
BUSINESS
May 30, 2001 | CHARLES PILLER, TIMES STAFF WRITER
The stock-option package granted to Terry Semel, Yahoo Inc.'s new chief executive, suggests an unusual executive commitment to the company's long-term growth. The recent grant of 10 million options, combined with the 1 million shares Semel previously purchased, raises his potential ownership stake in the Web portal to nearly 2%, according to Yahoo. Half of the options are priced at $17.62, Yahoo's share price on April 16 when it was announced Semel was joining the company.
BUSINESS
September 23, 1995 | KAREN KAPLAN, SPECIAL TO THE TIMES
Spurred by this summer's deal mania, entertainment companies are finding a growing need to seek merger partners or form strategic alliances--but there are fewer free-standing players left from which to choose a partner. What should Hollywood's other major players do? Here's a look at possible strategies for five of the biggest: Seagram Co.: The Canadian beverage company's $5.7-billion acquisition of 80% of MCA in June signaled the first of the summer's many mega-deals.
ENTERTAINMENT
October 28, 2012 | By Jori Finkel
The sleek logo for LACMA's “art+film” gala does a beautiful job of balancing “art” and “film,” giving each word equal space around the plus sign. The museum gala that took place Saturday night under that rubric was another story: The entertainment world easily outshone the art world, and the evening designed to celebrate artist Ed Ruscha alongside filmmaker Stanley Kubrick became mainly a Kubrick odyssey, to borrow the title of the screening series that accompanies LACMA's new Kubrick exhibition.
REAL ESTATE
January 25, 2004 | Ruth Ryon, Times Staff Writer
Paul Magers, the new KCBS-TV anchor, and his wife, Kathy, have settled into the Beverly Hills home they purchased for about $6.5 million. The native Californian, a TV anchor for almost 20 years in Minnesota, and his wife bought a Mediterranean-style villa with seven bedrooms and seven bathrooms in about 6,700 square feet. The home, built in 1927, was completely renovated by John Bercsi, who also recently refurbished silent screen star Buster Keaton's Beverly Hills estate.
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