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Spelling Entertainment Group Inc

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BUSINESS
May 1, 1998
* Los Angeles-based Spelling Entertainment Group Inc. reported first-quarter net income of $1.6 million, or 2 cents per share, up from $728,000, or a penny a share, a year earlier. Spelling reported revenue of $167.4 million, compared with $166.5 million a year ago.
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BUSINESS
May 1, 1998
* Los Angeles-based Spelling Entertainment Group Inc. reported first-quarter net income of $1.6 million, or 2 cents per share, up from $728,000, or a penny a share, a year earlier. Spelling reported revenue of $167.4 million, compared with $166.5 million a year ago.
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BUSINESS
August 31, 1996 | Times Staff and Wire Reports
Spelling Entertainment CFO Resigns: Spelling Entertainment Group Inc., whose television hits include "Beverly Hills 90210" and "Melrose Place," said that Tom Carson resigned as chief financial officer and member of the office of the president. "It has been a great run at Spelling, but I feel that it is time to move on and pursue new opportunities," Carson said. Beverly Hills-based Spelling said Carson had not yet announced his future plans.
BUSINESS
January 14, 1997 | Bloomberg Business News
Viacom Inc.'s Spelling Entertainment Group unit said it agreed to sell the rights to its library of television shows, such as "Melrose Place," to Germany's Kirch Group. The programming agreement with Germany's second-largest broadcaster is valued at more than $300 million over 10 years. The agreement is initially for five years and can be extended for another five years.
BUSINESS
January 14, 1997 | Bloomberg Business News
Viacom Inc.'s Spelling Entertainment Group unit said it agreed to sell the rights to its library of television shows, such as "Melrose Place," to Germany's Kirch Group. The programming agreement with Germany's second-largest broadcaster is valued at more than $300 million over 10 years. The agreement is initially for five years and can be extended for another five years.
BUSINESS
April 10, 1993 | From Times Staff and Wire Reports
Spelling Entertainment Names Huizenga Chairman: Spelling Entertainment Group Inc. said it selected Wayne Huizenga, chairman and chief executive of Blockbuster Entertainment Corp., as its new chairman. Steven Berrard, Blockbuster vice chairman, president and chief operating officer, was named Spelling president and chief executive. Aaron Spelling, chairman and chief executive of Spelling Television, was named vice chairman of the company.
BUSINESS
May 22, 1997
Jeffrey Yapp, 38, was named to oversee all of Twentieth Century Fox's worldwide home video operations. Yapp, who previously ran the international video operations, was named to the new post of worldwide president of Fox's home entertainment division by studio chief Bill Mechanic. Before the announcement, Fox's domestic and international home video operations were run separately under different executives. * Peter H. Bachmann was named president of Spelling Entertainment Group Inc.
BUSINESS
August 18, 1998 | P.J. Huffstutter
Electronic Arts Inc., the world's largest computer game maker, said it will acquire Virgin Interactive Entertainment Ltd.'s software development groups in Irvine and Las Vegas for $122.5 million in cash. The deal with Los Angeles-based Spelling Entertainment Group Inc., which owns about 91% of Virgin Interactive, casts a shadow over the fate of Virgin's remaining operations. Spelling has been in talks with Electronic Arts for nearly a year, sources said.
BUSINESS
September 6, 1998 | Times Wire Services
Electronic Arts Inc., the world's largest computer-game maker, said it has completed its acquisition of Virgin Interactive Entertainment Ltd.'s software development groups in Irvine for $122.5 million in cash. Electronic Arts, based in San Mateo, acquired the operations from Los Angeles-based Spelling Entertainment Group Inc., which owns about 91% of Virgin Interactive. The assets sold represent the substantial majority of the value of Virgin Interactive.
BUSINESS
November 1, 1994
Virgin Interactive Entertainment, a video game and entertainment software company based in Orange County, said Monday that it has agreed to buy multimedia computer games from a financially troubled Northern California company. Terms of Virgin's acquisition of the software titles division of Media Vision of Fremont were not disclosed, a spokeswoman said.
BUSINESS
August 31, 1996 | Times Staff and Wire Reports
Spelling Entertainment CFO Resigns: Spelling Entertainment Group Inc., whose television hits include "Beverly Hills 90210" and "Melrose Place," said that Tom Carson resigned as chief financial officer and member of the office of the president. "It has been a great run at Spelling, but I feel that it is time to move on and pursue new opportunities," Carson said. Beverly Hills-based Spelling said Carson had not yet announced his future plans.
BUSINESS
July 13, 1993
With the 1992 acquisition of Music Plus and Sound Warehouse, 8-year-old Blockbuster Entertainment became the sixth largest music retailer in the nation. Already, the Ft. Lauderdale, Fla. company boasts that it has 30 million video members and rents 10 million tapes weekly. Under the direction of H. Wayne Huizenga, it reported 1992 revenue of $1.2 billion, up 31% from 1991. Despite concerns over the effect of advanced technology in the video industry, Merrill Lynch projects 1993 revenue of $1.
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