TV & VIDEO
Viacom International Inc. has formed a new motion-picture production company that plans to make about a dozen films a year, each with a budget of $3 million to $5 million. The movies turned out by the new unit, Viacom Pictures, will be offered in this country on Viacom’s pay-TV networks, Showtime and the Movie Channel, and also distributed overseas. Heading the new company are Neil S. Braun, chairman, and Frederick Schneider, president and chief executive officer.
For the record:
12:00 AM, Jul. 19, 1989 MORNING REPORT AMPLIFICATIONS By ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation’s press
Los Angeles Times Wednesday July 19, 1989 Home Edition Calendar Part 6 Page 2 Column 2 Entertainment Desk 1 inches; 21 words Type of Material: Column; Brief; Correction
Frederick Schneier is president and chief executive officer of the newly formed Viacom Pictures. His name was misspelled in Tuesday’s Morning Report.