Canadian mines financier digs for Tinseltown gold

Article Abstract:

Lions Gate Entertainment Corp., a new film distributorship set up by Canadian businessman Frank Giustra, has encountered problems with Hollywood, California's movie industry despite a relatively healthy start with films such as the romances "Mr. Jealousy" and "Buffalo 66." Lions Gate's share, which began trading at C$2.76 in November 1997, has declined in value to well under $3 per share. The company has run into problems involving Hollywood executive Peter Guber and actor Leonardo Di Caprio.

Comment:

New film distributorship encounters problems w/ Hollywood, California executive producer Peter Guber and act Leonardo di Caprio

Motion Picture Distribution, Motion Picture and Video Distribution, Movie distribution, Lions Gate Entertainment Corp., Article

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National Grid PLC is on a hunt for another acquisition in U.S

Article Abstract:

National Grid PLC announced that it is seeking additional acquisitions in the northeastern region of the US. The company made the announcement just months after it acquired New England Electric System and Eastern Utilities Associates for a price of $3.8 billion. The announcement was the first time that National Grid was specific about targeting a region in the US.

Comment:

Seeking additional acquisitions in northeastern region of US

Electric Utilities, Electric Power Generation, Transmission and Distribution, Abstract, National Grid Group PLC

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Free newspapers ignite media war in Cologne

Article Abstract:

This article discusses the increased competition among newspapers in Cologne which was touched off by the introduction of a free daily by Schilbstad ASA which publishes the two largest newspapers in Norway and Sweden.

Germany, Printing & Publishing, Publishing industry, Cologne, Germany, Axel Springer Verlag AG, Schilbsted ASA, Verlag M. Dumont

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