Focus on Entertainment Stocks : Spotlight: Samuel Goldwyn Co.
Posting its first profit under the conservative management of Chairman Samuel Goldwyn Jr. since its initial public offering in December, 1991, Samuel Goldwyn Co. is considering a second offering this fall to expand its capital base. Says New York analyst Jeffrey Logsdon of Seidler Amdec: “Goldwyn had been a closely held family company, and when it went public, it presented a rare opportunity for the investor to own a piece of the company along with the Goldwyn family, who owns 86% of the stock.”
Major Properties
For the record:
12:00 a.m. July 22, 1993 For the Record
Los Angeles Times Thursday July 22, 1993 Home Edition Business Part D Page 2 Column 6 Financial Desk 1 inches; 30 words Type of Material: Correction
Jeffrey Wiegand--The entertainment analyst who commented on Samuel Goldwyn Co. in Tuesday’s editions of Company Town is Jeffrey Wiegand of Robotti & Eng in New York. Another analyst was incorrectly identified.
* Films distributed: “Much Ado About Nothing,” “Mississippi Masala,” “Flirting,” “Peter’s Friends”
* Theaters: 43, with 98 screens
* Television: “American Gladiators,” “Why Didn’t I Think of That”
* Film library: More than 450 titles
Financial Data
* Market capitalization: $46.1 million
* Cash: $1.6 million
* Total debt: $94.2 million
* 1993 revenue: $107.8 million
* 1993 profit: $1.1 million
* Earnings per share: $0.18
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