You will be redirected back to your article in seconds

Financial Briefs

Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder.

* * *

All American Communications has revised its earnings for the year ended Dec. 31, 1992, to a loss per share of 38 cents, from the 31 cents a share loss it reported earlier this week. It also revised its results for 1991 to show a loss of $ 1 a share, rather than the 80 cents a share loss it reported earlier this week. The company said the changes wouldn’t affect its reported net income of $ 922,122 in 1992 and loss of $ 1.9 million in 1991, but were the result of a revision in the weighted average number of shares outstanding, which are4,752, 298 in 1992 and 3,969,599 in 1991.

Trimark Holdings Inc. expects to report net income for the third quarter, ended March 31, to shoot up to between $ 1.1 million and $ 1.35 million, or 24 cents to 30 cents a share, up from $ 473,000, or 10 cents a share in the year-earlier quarter. Revenues are expected to be between $ 18 million and $ 20 million, about even with 1992’s third-quarter revenues of $ 19.8 million.

Carmike Cinemas has completed a $ 25 million private placement of 7.52% senior notes due 2003. The Columbus, Ga., company will use the proceeds to finance future acquisitions and expansion.

United Television reported a net income of $ 13.2 million ($ 1.28 a share) for the first quarter vs. a net loss of $ 2.1 million (20 cents) in the same period last year. Revenues were up 12.4% to $ 28 million for the quarter. The earnings reflect an $ 8.5 million (82 cents) gain on the sale of Time Warner Series D 11% convertible preferred shares.

More Biz

  • Gibson, Iconic Guitar Company, Said to

    Gibson, Iconic Guitar Company, Said to Be Nearing Bankruptcy

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • David Glasser Fired by the Weinstein

    Weinstein Co. Board Fires COO David Glasser for Cause

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • Rules Don't Apply review

    Warren Beatty Sought Wider 'Rules Don't Apply' Release Despite Grim Test Screenings

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • Oh Seok-geun Korean Film Council

    New Leader Promises Reforms at Korean Film Council

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • SOUTH KOREA OUTMandatory Credit: Photo by

    Actress Choi Hee-seo Looks Forward to a Promising Career

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • The Prison Korean Cinema

    Korea's Box Office Faces a Drop in Admissions as Streaming Services Compete

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

  • Andy Lo Hong Kong Writer Director

    Ambitious Filmmaker Andy Lo Wants Success in Both Hong Kong and China

    Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the exercise of warrants by Philips N.V.’s Interactive Media of America unit, the company’s largest single shareholder. * * * All […]

More From Our Brands

Access exclusive content