Focus on Entertainment Stocks
- Share via
Spotlight on Republic Pictures Corp.: The Los Angeles-based company, which employs more than 118 people, is in the process of completing a merger with Spelling Entertainment Group, which is 70.5% owned by Blockbuster Entertainment Corp. Commenting on the merger, Chairman Russell Goldsmith said: “We believe this merger will combine the best of both companies. The prospect of Spelling and Republic, together allied with Blockbuster, promises to be a very formidable entertainment provider around the world.”
Goldsmith
Major Properties
* Movies: 1,400 titles, including “It’s a Wonderful Life,” “The Quiet Man,” “High Noon,” “The Bells of St. Mary’s”
* Television: 3,000 hours, including “Bonanza,” “Get Smart”
* Video: “Sarah Plain and Tall,” “Red Shoe Diaries,” “Beastmaster 2”
Financial Data
* Market capitalization: $91.9 million
* Cash: $1.5 million
* Long-term debt: $20.1 million
* 1992 revenue: $68.3 million
* 1992 loss: -$3.5 million
* Loss per share: -$0.77
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
