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MOVIES - Nov. 18, 1992

<i> Arts and entertainment reports from The Times, national and international news services and the nation's press</i>

Ali Weighs In: After lengthly negotiations, exclusive rights to boxing great Muhammad Ali’s story have been sold to New York-based advertising executive Paul Ardaji, who announced Tuesday that he will launch newly formed Roundhill Pictures Corp. with a $30-million Ali biopic. Ardaji also will have ancillary rights, including merchandising, licensing and publishing. No casting was announced.

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