New Visions Entertainment said its production subsidiary...
From Times Staff and Wire Reports
New Visions Entertainment said its production subsidiary has initiated arbitration proceedings against Cineplex Odeon, claiming Cineplex has refused to participate in the companies’ 25-film, five-year production joint venture beyond the first five films . . . McCaw Cellular Communications Inc. has completed its tender offer for 21.9 million shares of Lin Broadcasting Corp., giving McCaw ownership of a 51.9% interest in Lin on a fully diluted basis.
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