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Big buys Kagan pic, TV online database

Deal sealed for $10 mil in stock

Big Entertainment Inc. has acquired pkbaseline.com, the movie/television industry database owned by media analyst outfit Paul Kagan Associates, for $10 million in stock.

Deal involves $9 million in common stock and $1 million in warrants for the operation.

PK Baseline provides members access to film and TV credits, information on film projects in production, box office data, synopses, biographies of entertainment celebrities, reviews, and archives of film industry publications.

“We are delighted to add the Kagan film assets and especially the Baseline online database to the growing family of Big Entertainment movie information Internet properties,” said Mitchell Rubenstein, chairman and CEO of Big.

Not included in the purchase are the media industry online services of Kagan and its affiliates, as well as the movie industry consulting, valuation and expert witness services of Kagan Media Appraisals Inc.

Earlier this year, CBS Corp. acquired 35% of Hollywood.com in exchange for $100 million of promotional support over seven years.

Carmel, Calif.-based Paul Kagan compiles media industry financial and operating databases, and provides trend analysis in newsletters, reports, and reference works. New York-based Baseline was launched in 1983.

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