"Titanic" loads News Corp. with profit; filing for offering provides scant data

Article Abstract:

Fox Entertainment Group Inc. has realized a profit of $176 million for the fiscal year ended 30 June, 1998. The company, which is comprised of Fox film and TV studio, the Fox Network, TV stations and various sports and entertainment cable listings, also saw its revenue increase from $5.85 billion to $7.02 billion. The company attributes its profits to such entertainment offerings as "Titanic," "The Full Monty," and "The X-Files." NewsCorp., parent company of the Fox Entertainment Group, plans to sell as much as 20% of the film and TV studio. Analysts believe such a transaction will raise as much as $3 billion.

Comment:

Fox Entertainment Group realizes a profit of $176 mil for the fiscal year ended 30 June, 1998

Sales, profits & dividends, Company Planning/Goals, Motion Picture & TV Production, Fox Entertainment Group Inc., Article

---

Paramount rides low-risk route to profitability

Article Abstract:

Paramount Pictures has been successful in implementing a strategy of making low-cost films which appeal to profitable market sectors. Paramount is also cutting funding related to marketing of films, which has proven to be a very costly gamble. The studio can also claim to have released several critically acclaimed films, which counters charges that its low-budget strategy is hurting quality.

Marketing procedures, Management dynamics, MOTION PICTURES, Marketing, Company marketing practices, Company business management, Company financing

---

Today, Paramount means just half

Article Abstract:

Paramount Pictures has adopted a strategy of taking on partners to finance production of its motion pictures. By limiting its financial risk, Paramount is able to limit its losses in cases when a motion picture fails to make money. Under Viacom Inc. Chairman Jonathan Dolgen, Paramount releases far fewer than the 25 or so movies most other studios release in a year.

Motion picture & video production, Motion Picture Production, Motion Picture and Video Production, Movie production, Dolgen, Jonathan

Similar abstracts:

• Abstracts: Complaints heat is on. A potential for conflict. Insolvency alert on Harts
• Abstracts: McAfee, maker of antiviral software, plans offering to build on its success. As Blyth continues transformation to software firm, investors take notice
• Abstracts: Tight credit persists for companies. Easing small firms' credit crunch. Outside help with cash flow
• Abstracts: Compaq introduces its redesigned PCs with strong claims and bright hopes. Five electronics giants hope General Magic will turn the trick; partners in novel software could reap big rewards by linking new devices; living in fear of Microsoft
• Abstracts: U.S. companies rush to fill Japanese software void. NTT's cutbacks signal uncertain transition in Japan. Microsoft targets software piracy by Japan PC users

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