FINANCIAL BRIEFS

Radio station group Chancellor Broadcasting Co. increased its loss 26% in the first quarter to $15.4 million, it said Tuesday in New York, on 118% higher revenue of $55.8 million. Chancellor announced in February plans to merge with Evergreen Media Corp.

Polygram Holdings promoted Helen Murphy to chief financial officer from her previous position as senior VP of mergers and acquisitions, it said Tuesday. Murphy will report to Polygram Music Group CEO Roger Ames.

Silicon Graphics, whose computers created the special effects in such movies as “Jurassic Park” and “Twister,” announced the departure of two key execs. Chief financial officer Stanley Meresman and senior VP Michael Ramsay departed “to pursue outside opportunities,” the firm said.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading