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Aliens defeat the Force

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“Independence Day,” the year’s biggest B.O. hit, took the visual effects Oscar, beating out George Lucas’ In-dustrial Light & Magic, which was nominated for both “Twister” and “Dragonheart.”…

VIRGIN BURGEONING

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LONDON — Virgin Cinemas, Richard Branson’s U.K. multiplex chain, has decided to triple its expansion budget this year, after making record profits in 1996. Virgin is planning to spend £34.5 million…

Marketplace

Exec Shuffle

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Peter Brooks has been upped to senior VP, logistics management, at EMI-Capitol Music Group, North America. With Capitol since 1993, Brooks now will oversee supply chain activities, including…

Demystifying net profits

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In order to establish the meaning of “net profits,” a clear definition of gross receipts must be established. Gross is frequently defined as the revenue earned by a film during its theatrical run…

Clark to WCBSanchor team

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WCBS New York has tapped Stephen Clark, an anchor at KGTV San Diego, as co-anchor of the O&O’s 11 p.m. newscast with Dana Tyler. Clark, at KGTV for eight years, joins the station April 21, replacing…

TVDANMARK BOW SET

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AMSTERDAM — Scandinavian Broadcasting System is out with new details on the kick-off of its second European terrestrial network, TvDanmark, set for April 7. The launch takes place less than seven…

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