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Live Entertainment Posts $2.84-Million Loss

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Live Entertainment Inc., a Van Nuys videocassette distributor and retailer, reported a $2.84-million first-quarter loss due to lower sales and higher interest charges.

A year earlier, the company lost $728,000. Its sales in the latest quarter that ended March 31 totaled $18.3 million, down 38% from $29.5 million in sales in the first quarter of 1993.

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