CanWest Global Communications Corp. - Fireworks Entertainment Announces Development Deal.TORONTO--(BUSINESS WIRE)--May 21, 1999-- CanWest Global Commu(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CGS.S.) (TSE:CGS.A.) (NYSE NYSE See: New York Stock Exchange :CWG) Jon Slan, Founder Of Paragon Entertainment, Inks First-Look Agreement Fireworks Entertainment, one of Canada's leading production and distribution companies, announced today the creation of a first-look development deal with one of Canada's leading independent producers. Jon Slan is the founder and former Chairman and 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. of Paragon Entertainment. Among his many production credits include programs such as Wyatt Earp (Warner Bros.), Intimate Relations (Fox Searchlight), Kissinger and Nixon (TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. ), Forever Knight (USA Network), Kratt's Creatures (PBS) and Lambchop's Play-Along. As well as being a successful producer, Slan is also the co-founder of Canada's Superchannel & YTV cable networks. Fireworks Entertainment is a wholly-owned subsidiary of CanWest Entertainment, which also includes CanWest Entertainment International, the company's distribution arm, and Seven Arts International. The deal with Slan allows Fireworks Entertainment the right of first refusal Right of First Refusal In general, the right of a person or company to purchase something before the offering is made available to others. Notes: For example, a football team may have the right of first refusal on a player's contract. for future projects and projects in development. "As part of our long term strategy of building a large, high quality library of programs, we want to align ourselves with the best producers in the market," said Adam Haight, Executive Vice President and COO, Fireworks Entertainment. "We have faith that Jon Slan will provide Fireworks with a steady flow of high quality product for our expanding library." Slan said, "Firework's commitment to finance and distribute high quality television and features, as well as its international interests, make it a great fit for myself and my company." CanWest Global Communications CanWest Global Communications Corp. TSX: CGS TSX: CGS.A NYSE: CWG is one of Canada's largest international media companies. The company's head office is situated in Winnipeg, Manitoba, at the tallest building (CanWest Global Place) in the city and it is on the Corp. (NYSE: CWG and TSE: CGS.S and CGS.A) is an international media company. In Canada, CanWest owns and operates the Global Television Network and Global Prime Cable Network as well as CanWest Entertainment and Fireworks Entertainment Inc., a production and distribution company. Internationally, CanWest owns and operates New Zealand's TV3 and TV4 Television Networks, the More FM Radio Network, and CanWest Entertainment International. The Company also has significant investments in Australia's TEN Television Network, the Republic of Ireland's TV3 Television Network, Northern Ireland's Ulster Television, Seven Arts International in the US, and WIC Western International Communications in Canada Telephones - main lines in use: 18,276,000 (2005) Telephones - mobile cellular: 16,600,000 (2005) Telephone system: excellent service provided by modern technology
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