OTHER NEWS - Sept. 27, 1991
From Times Staff and Wire Reports
Price Settlement Near: Sony Pictures Entertainment Co. is close to reaching a settlement agreement with outgoing Columbia Pictures Chairman Frank Price, sources close to the discussions said. Price, who is being replaced by former Warner Bros. executive Mark Canton, will receive a lucrative cash settlement. Sources said he would also take with him 25 projects now in development at Columbia as part of a non-exclusive production deal with Sony.
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