ClassicVision announces results of annual general meeting.RANCHO ran·cho n. pl. ran·chos Southwestern U.S. 1. A hut or group of huts for housing ranch workers. 2. A ranch. MIRAGE, Calif.--(BUSINESS WIRE)--March 24, 1997-- ClassicVision Entertainment Inc. (NNOTC/BB:CLVE) held its annual general meeting in Rancho Mirage Tuesday, March 11. A new director was elected to the board of ClassicVision, and two new directors were appointed to the board of Time Line Entertainment Inc., ClassicVision's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . Robert Berk was elected to the board of ClassicVision and appointed executive vice president. Berk was formerly president of Shank shank (shangk) 1. leg (1). 2. crus ( 2). shank n. The part of the human leg between the knee and ankle. Entertainment, a major Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. film-distributing company. He has worked in marketing and distribution in the entertainment industry for such companies as Atari, Samsung, Viacom, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Murata, Phillips and Dupont. Berk was appointed director and vice president of marketing of Time Line Entertainment Inc., which functions as the company's production arm. Also appointed to Time Line's board, in the position of vice president of production, was Robert Larsen. Larsen is a director and cinematographer with 37 years' membership in the Directors Guild of America in Los Angeles. He has long-term and widely varied experience in these areas, directing everything from feature films to television specials to award-winning commercials. ClassicVision also announced a substantial offer on one of its documentary products, ``Star Power,'' the story of the creation of United Artists Studios. Negotiations regarding this offer are still in progress. The company said it is very happy to have hands-on leadership from Berk and Larsen. Their expertise and experience will be key components in ClassicVision's expansion into bigger, more varied markets. CONTACT: ClassicVision Entertainment Inc., Rancho Mirage Investor Relations Investor relations The process by which the corporation communicates with its investors. , 800/338-0937 |
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