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Stuart Subotnick

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BUSINESS
January 24, 1990
A group including John W. Kluge and Stuart Subotnick, who head Metromedia Inc., will boost its stake in Image Entertainment Inc., the Holywood movie producer, to 34.25% from 31.6%, according to a filing with the Securities and Exchange Commission.
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BUSINESS
December 28, 1990 | ALAN CITRON, TIMES STAFF WRITER
In a development that points to further trouble at Orion Pictures Corp., the company has surrendered a sizable portion of the proceeds of one of its latest films to majority shareholder John W. Kluge and a partner in return for a $23-million investment. Under the deal, Kluge and Stuart Subotnick, executive vice president of Kluge's Metromedia Co., will apparently receive as much as 64% of certain studio proceeds from "Mermaids," according to a Securities and Exchange Commission filing.
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BUSINESS
December 28, 1990 | ALAN CITRON, TIMES STAFF WRITER
In a development that points to further trouble at Orion Pictures Corp., the company has surrendered a sizable portion of the proceeds of one of its latest films to majority shareholder John W. Kluge and a partner in return for a $23-million investment. Under the deal, Kluge and Stuart Subotnick, executive vice president of Kluge's Metromedia Co., will apparently receive as much as 64% of certain studio proceeds from "Mermaids," according to a Securities and Exchange Commission filing.
BUSINESS
January 24, 1990
A group including John W. Kluge and Stuart Subotnick, who head Metromedia Inc., will boost its stake in Image Entertainment Inc., the Holywood movie producer, to 34.25% from 31.6%, according to a filing with the Securities and Exchange Commission.
BUSINESS
December 6, 1996
Metromedia International Group Inc. Chief Executive Jack Phillips abruptly resigned from the movie studio and telecommunications company controlled by billionaire John Kluge. Phillips, who also stepped down as a member of the company's board, said he is leaving to pursue other business opportunities. Analysts said Phillips bolted because his control of the sprawling company was dwindling and he was left with few responsibilities.
BUSINESS
November 2, 1995 | Times Staff and Wire Reports
Actava Completes Merger With 3 Kluge Firms: Shareholders of Actava Group and three media and telecommunications concerns controlled by billionaire John Kluge completed their four-way stock swap, creating a $1-billion company. Shares in the new Metromedia International Group will begin trading today on the New York Stock Exchange.
BUSINESS
May 15, 1990
Metromedia Co. president John Kluge raised his stake in Image Entertainment Inc., a Chatsworth company that distributes movies made on laser disks, according to documents filed with the Securities and Exchange Commission. Metromedia, based in Secaucus, N.J., is a supplier of telecommunications products and services. Image Investors Inc.
BUSINESS
December 6, 1996 | Times Staff and Wire Reports
Metromedia International Group Inc. Chief Executive Jack Phillips abruptly resigned from the movie studio and telecommunications company controlled by billionaire John Kluge. Phillips, who also stepped down as a member of the company's board, said he was leaving to pursue other business opportunities. Analysts said Phillips bolted because his control of the sprawling company was dwindling and he was left with few responsibilities.
BUSINESS
December 3, 1996
Image Entertainment Inc., a Chatsworth licensee and distributor of laser discs, said it is negotiating with Englewood Cliffs, N.J.-based Essex Entertainment Inc. to acquire substantially all the assets of Essex's music business. Essex is an independent music company that owns a classical music library and specializes in compilations. Sales in 1995 were $36 million.
BUSINESS
January 12, 1993
Image Entertainment Inc. in Chatsworth has received a fresh infusion of cash, totaling $2.6 million, from billionaire John W. Kluge and his associate, Stuart Subotnick. Kluge and Subotnick's Image Investors Co., which already is Image Entertainment's biggest stockholder, bought an additional 425,000 Image common shares from the company for $6 each, giving the partnership a total of 4.62 million shares, or 36% of Image Entertainment's stock.
BUSINESS
March 27, 1991 | MICHAEL CIEPLY and JOHN LIPPMAN, TIMES STAFF WRITERS
Castle Rock Entertainment's attempt to take control of financially troubled Orion Pictures Corp. has ended after extensive discussions between the managers of the small film company and an associate of Orion's majority owner, John Kluge. The 2-month-old talks fell apart last week, largely because the participants could not find a way to reduce Orion's $500-million debt load. Officers of Sony Corp.'
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