Live, Bain near Ciby deal

Live Entertainment and parent company Bain Capital are expected to nail down a deal this week to acquire a minority stake in Ciby 2000. Sources say Live chairman Mike Curcio expects to be winging to Paris on Wednesday with the intention of inking the agreement.

Live has also been looking to expand its production capabilities, offering a domestic output deal to top foreign sales companies, and has recently explored such a move with Summit Entertainment and Intermedia, among others.

Meanwhile, one sure move that Live is making is out of the San Fernando Valley. Sources close to the company say Live has signed a lease to take offices in the MTV building in Santa Monica.

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