Bronfman takes the reins at Universal

Article Abstract:

CEO of Seagram's, Edgar Bronfman Jr., will take charge of and accountability for Universal's entertainment and music operations after the liquor and entertainment giant let Frank Biondi Jr. go. Edgar Jr. answers to his father, Edgar Sr. who is chairman of the firm, his uncle, Charles who is co-chairman, and Robert Matschullat, vice chairman and CFO. The management shuffle bears watching since Biondi was the one with the most experience in the entertainment business.

MOTION PICTURES, Appointments, resignations and dismissals, Movie industry, Entertainment industry, Music industry, Seagram Company Ltd., VO, Bronfman, Edgar M., Jr., Biondi, Frank

---

Universal chief quits in wake of movie flops

Article Abstract:

Casey Silver, chairman of Universal Pictures, the movie unit at Universal Studios Inc. and owned by Seagram's, resigned. Now the reorganized executives will try to reverse the effects of the streak of movie flops that Universal has had for the last 18 months. Future plans include sequels, remakes and big budget "events" signed off on by Silver before his departure. Since the second Babe movie was one of the flops, Babe III will probably be scrapped.

Motion Picture & TV Production, Motion Picture Production & Services, Motion pictures, Movies, Universal City Studios Inc. Universal Pictures Distribution

---

Similar abstracts:

• Abstracts: Intel delays the delivery of key chip. Quark backs down from takeover bid of Adobe Systems. First Hawaiian agrees to merge with BancWest
• Abstracts: A British phone company looks to America. AT&T chief says he can defend deal
• Abstracts: For At Home, now comes the real excitement. All over the Internet, a rash of skins
• Abstracts: Stratton Oakmont's former principals are barred by SEC. Former Stratton officers face charges of fraud. Merill's settlement in discrimination case is approved by judge
• Abstracts: Monsanto gets clearance to buy DeKalb after reaching a verbal pact with U.S. Monsanto says its corn resists the rootworm

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.