Scene

Corrections

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Nora Reynolds was a production exec at MGM. The company’s name was wrong in a story Wednesday. * Ben Affleck wrote “Good Will Hunting” with Matt Damon for Miramax Films. His name was omitted from…

Marketplace

HIGH-TECH HOLLYWOOD

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So what exactly is the significance of last week’s announcement by Microsoft that it would pay $425 million for WebTV Networks, a company whose system allows users to receive and send e-mail and surf…

Exec Shuffle

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Showtime Networks has made some adjustments, shifting Ray Gutierrez to senior VP of human resources and administration, tapping Kent L. Sevener counsel for entertainment, and upping Jeff Harold to…

CROWING OVER CABLE

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NEW YORK — Better-than-expected growth in cable programming and cable systems helped Time Warner shrink its net loss and post a 17% increase in earnings before taxes, interest and other charges to…

CINERGI’S CASH STASH

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NEW YORK — Cinergi Pictures Entertainment Inc. had $27 million in cash at the end of 1996, the company said in an SEC filing Wednesday, suggesting that the proposed liquidation of the indie will…

NONCONFORMIST

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LONDON — No one should have been surprised at the controversy that greeted Milos Forman’s “The People vs. Larry Flynt” — least of all Forman. Bombarded by accusations that the pic whitewashed a…

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