News

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Exec Shuffle

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Geoff Suddleson has been upped to director of development at Universal. Suddleson previously served as creative assistant for production to Marc Platt. Suddleson has worked on a variety of pics…

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Paxson debt rating drops

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The financial risks inherent in Paxson Communications' plan for a new TV network were highlighted Monday when credit ratings agency Standard & Poors downgraded Paxson's debt to a triple-C rating, one…

Marketplace

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Juicy transaction

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Seagram Co. will sell Tropicana Products to PepsiCo for $3.3 billion in cash, it said Monday, putting in place one of the major financing elements for Seagram's $10.2 billion acquisition of Polygram…

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Union's boom time

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IATSE opened its 63rd convention Monday with the news that, prodded by consistent organizing and a boom in production, the union's membership has ballooned to 92,000.

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30-second movies

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Ted Demme has a schedule any commercial director would envy: Last week, he shot Brett Favre and Deion Sanders in Mississippi for a National Football League campaign, then hit Los Angeles this week on…

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