AME Inc., the bankrupt video post house, has a new owner. In a lengthy auction process, the company was pulled from bankrupcty by a whopping $ 17 million bid from Westar Capital in Costa Mesa.
The addition of a studio executive to an interactive games company is becoming a genuine trend in Hollywood.
A new theater chain with a verve for marketing has emerged out of the Southeast, and is expected to run smack into some big competitors.
DirecTv Inc. has pacted with Universal Pictures to provide films for its direct broadcast satellite service.
Matt Rothman: Tech News
The head of one of Hollywood's independent film lenders has been unsaddled. Steven Leibowitz, a senior vice president and manager of entertainment lending at L.A.'s Imperial Bank, was quietly let go…
The marriage between Showscan Corp. and Omni Films Intl. Inc. is off. On Thursday, the two companies terminated a letter of intent to merge.
Blockbuster Entertainment has acquired another 10% of Spelling Entertainment. The Ft. Lauderdale-based video and music retailer purchased 4.9 million shares of Spelling in a private transaction in…
A standard for putting video on compact discs is coming, albeit slowly. Last week, Philips N.V., maker of the CD-I player, and Victor Co. of Japan joined with C-Cube Microsystems, a computer chip…
Starting a company can be an expensive proposition when it comes to multimedia. The 3D0 Co., one of the closest watched entrants by Wall St. in the new multimedia industry, posted a net loss of $…
Showscan Corp. reported a net loss of $ 1,066,000 (23 cents a share) for the fiscal fourth quarter ended March 31. That compares to a net profit of $ 250,000 (5 cents) in the same period last year.