Word: giancarlo
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...curtain has been rung down on the long-running farce starring would-be film mogul Giancarlo Parretti. Last week a Delaware judge confirmed Parretti's removal from the board of MGM-Pathe studios. A onetime waiter who bought the studio in 1990 for $1.3 billion, Parretti accumulated huge debts during his half-year tenure as CEO, forcing the company into involuntary bankruptcy. The studio's chief lender, the French bank Credit Lyonnais, pumped in $145 million to restore solvency but demanded his ouster. The Delaware judge agreed, condemning Parretti's mismanagement of the firm. The downward slide continued...
Such drama is no longer rare at MGM-Pathe, the company formed when the mysterious mogul Giancarlo Parretti acquired MGM last fall. Parretti smiled broadly for the cameras as guest of honor at a $250-and-up-a-plate charity dinner last month, shortly after asking studio creditors to take their long- delayed payments in weekly installments. He then flew to Europe in a frenzied quest for fresh capital...
...cultural heritage was being auctioned off, bit by bit. Universal is the fourth of Hollywood's seven major studios to be acquired by foreign companies: 20th Century Fox is owned by Rupert Murdoch's Australia-based News Corp., and MGM/UA was taken over earlier last month by Italian financier Giancarlo Parretti. That leaves only three major studios in American hands: Disney, Paramount and Warner Bros...
When aspiring movie mogul Giancarlo Parretti visited the White House Oval Office two weeks ago, he boasted to President Bush that he would soon complete the cliff-hanging takeover of MGM/UA Communications and would make "the lion roar as it did in its heyday." This time he may not eat his words. After months of legal and financial maneuvers, Parretti's Pathe Communications is expected this week to wrap up the $1.3 billion acquisition of MGM/UA from financier Kirk Kerkorian...
Wesley Snipes also turns in a strong performance as the competitive and ambitious Shadow. His fine portrayal is certainly aided by the fact that his character is the most believable. Giancarlo Esposito, who plays the quintet's flashy pianist, deserves mention as well. Nothing ill can be said of the remainder of the cast, who do not disappoint...