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DAN WAITE JOINS CORAL PICTURES AS DIRECTOR, SALES & ACQUISITIONS; CORAL ANNOUNCES CORPORATE RESTRUCTURING OF SALES & MARKETING DIVISIONS

 MIAMI, Jan. 13 /PRNewswire/ -- As part of a corporate restructuring, Dan Waite has joined international distribution company Coral Pictures Corporation as director of sales and acquisitions.
 Reporting to Gustavo Basalo, vice president, marketing and sales, Waite will oversee marketing and sales efforts for Asian territories, in addition to evaluating sales potential of Coral's existing library and seeking new product for international distribution.
 Waite joins Coral from Protele, the distribution arm of the Mexican media enterprise Televisa, where he spent two years in sales. Prior to joining Protele, Waite served six years at Filmation Studios, an American animation studio.
 "We are delighted to have Dan on our team. His many years of industry experience and knowledge of international distribution in general will enhance our efforts as we expand into new territories and increase our catalogue," Basalo said.
 Waite's appointment to this newly created position is part of a corporate restructuring of Coral's marketing and sales divisions. Reporting to German Perez, Coral Pictures' executive vice president and general manager, Basalo will take on a more supervisory role overseeing operations of all internal sales, marketing and promotions divisions, as well as Coral's sales office in Europe and network of sales representatives worldwide.
 Reporting to Basalo, Sheila Hall Aguirre will take on the added responsibilities of marketing and sales efforts in Latin America, Puerto Rico and the United States. Hall will continue to oversee Coral's international marketing communications efforts, liaising between Coral and all international sales representatives and maintaining press relations with trade publications and other media.
 Based in Miami, Coral Pictures distributes television programming of nearly every genre worldwide. Coral represents programming form a variety of international producers including Venezuela's leading television network and producer, Radio Caracas Television; the creators and producers of "Sesame Street" and other award-winning children's programming, Children's Television Workshop; the prestigious Italian enterprise, SACIS; and renowned Japanese producer, TOEI. Coral Pictures' programming is currently seen in 44 countries.
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 /NOTE TO EDITOR: Four photos accompany this story at no charge and are available immediately to any media with telephoto receiver or electronic darkroom (PC or Macintosh) that can accept overhead transmissions. To retrieve a photo, call 214-416-3686./
 /CONTACT: Sheila Hall of Coral Pictures, 305-261-9660/


CO: Coral Pictures Corporation ST: Florida IN: ENT SU: RCN PER

DP-RK -- FL001 -- 1057 01/13/94 11:53 EST
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Publication:PR Newswire
Date:Jan 13, 1994
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