Orion Pictures Corp.: The New York movie...

Orion Pictures Corp.: The New York movie company said it lost $48.08 million in the fourth quarter, contrasted with a profit of $6.6 million in the 1990 quarter. Revenue jumped 49% to $204 million. For the year, Orion lost $63 million, contrasted with a profit of $15.06 million in the year-ago quarter. Revenue was up 20% to $584.15 million. The company said nearly half its loss for the year involved writedowns on films.