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Artisan Entertainment.


Not even Hollywood Hollywood.

1 Community within the city of Los Angeles, S Calif., on the slopes of the Santa Monica Mts.; inc. 1903, consolidated with Los Angeles 1910.
 is immune from the turbulence turbulence, state of violent or agitated behavior in a fluid. Turbulent behavior is characteristic of systems of large numbers of particles, and its unpredictability and randomness has long thwarted attempts to fully understand it, even with such powerful tools as  affecting the stock market.

After months of speculation, Artisan Entertainment has finally pulled the plug on its long-held plans for an initial public offering that would have raised $140 million. Executives with the company cited "unfavorable market conditions" and said that they had been approached about merging with at least one other company.

But the IPO-ditching has to be a serious disappointment for Artisan CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Amir Malin and President Bill Block, who last year reportedly turned down a purchase offer in excess of $250 million.

Malin, Block and former executive Mark Curcio in 1997 took a little company called LIVE, changed its name, tripled its library and improved its cash flow, and made its reputation with the help of a $1 million acquisition: a tiny film they found at the Sundance film festival called "The Blair Witch Project."

But since a sequel to "Witch" stalled stall 1  
n.
1. A compartment for one domestic animal in a barn or shed.

2.
a. A booth, cubicle, or stand used by a vendor, as at a market.

b.
 at the box office, so has Artisan's sizzle siz·zle  
intr.v. siz·zled, siz·zling, siz·zles
1. To make the hissing sound characteristic of frying fat.

2. To seethe with anger or indignation.

3.
.
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Artisan Entertainment ends long-held plans for initial public offering
Comment:Artisan Entertainment.(Artisan Entertainment ends long-held plans for initial public offering)
Author:Galloway, Stephen
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Mar 26, 2001
Words:161
Previous Article:Belts Tighten at Sony, Artisan Pulls IPO.(Brief Article)
Next Article:Adam Platnick.(Mandalay president Adam Platnick to leave firm)(Brief Article)
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