MEDIA & ENTERTAINMENT
From Times Staff and Wire Reports
Mario Kassar Signs New Contract: The Carolco chairman--whose movie company has produced such big-budget hits as “Terminator 2: Judgment Day” and “Basic Instinct”--has agreed to stay with the company through 1997, according to a revised Carolco restructuring plan filed with the Securities and Exchange Commission. Separately, Carolco said its 1992 loss narrowed to $88 million from $265 million in 1991, with 1992 revenue at $565 million.
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