ENTERTAINMENT

Carolco Restructuring Expected Today: Details on a deal valued at about $170 million to bail out struggling Carolco Pictures are expected to be filed with the SEC today, sources familiar with the deal said. The transaction includes $60 million from Metro Goldwyn Mayer in exchange for distribution rights to Carolco films starting in 1994. Three investors in Carolco--France’s Canal Plus, Japan’s Pioneer and Rizzoli of Italy--are expected to kick in another $60 million. The three are also expected to provide $50 million in co-production financing. Carolco’s films include “Terminator 2: Judgment Day” and “Basic Instinct.”