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November 15, 1990 | CRISTINA LEE, TIMES STAFF WRITER
A small Laguna Hills investment firm said Wednesday that it has formed a joint venture with a Soviet film studio to produce low-budget movies in the Soviet Union. Rolan A. Bykov, president of Moscow-based All Union Movie and TV Centre, said the agreement calls for the production of 20 movies over a five-year period, with each picture budgeted at a cost of between $8 million and $10 million.
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BUSINESS
November 15, 1990 | CRISTINA LEE, TIMES STAFF WRITER
A small Laguna Hills investment firm said Wednesday that it has formed a joint venture with a Soviet film studio to produce low-budget movies in the Soviet Union. Rolan A. Bykov, president of Moscow-based All Union Movie and TV Centre, said the agreement calls for the production of 20 movies over a five-year period, with each picture budgeted at a cost of between $8 million and $10 million.
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