Word: theater
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Dates: during 1980-1989
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...THEATER...
Back in the days when the only way to see a movie was to go to a theater, a handful of Hollywood film studios shrewdly bought cinema chains to showcase their latest hits. Last week Japan's Sony put a new twist on this Hollywood strategy by plunging into the movie business as a way of selling its expanding video technology. In the largest-ever Japanese takeover of a U.S. company, the electronics giant (fiscal 1989 sales: $16 billion) snapped up Columbia Pictures Entertainment, agreeing to pay $3.4 billion and assume $1.2 billion in debts. Coming less than two years...
...producer of network series. The studio has eleven such programs in production, including Who's the Boss? and Designing Women. The division has a library of 23,000 TV episodes from which Sony can pick candidates for syndication and videocassette sales. Columbia also owns the 820-screen Loew's theater chain...
...American Repertory Theater...
Eric Bogosian follows his acclaimed performance of Sex. Drugs. Rock & Roll with more of the same this weekend as part of the American Repertory Theater's fall theater festival. Currently in residence at the A.R.T. Institute for Advanced Theater Training. Bogosian is working to develop his new play. Suburbia, a satiric look at American mentalities. More Sex, Drugs, Rock & Roll will be incorporated into a off-Broadway show later this fall...