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ORION PICTURES CORPORATION ANNOUNCES DELAY IN FILING WITH THE SECURITIES AND EXCHANGE COMMISSION

 ORION PICTURES CORPORATION ANNOUNCES DELAY IN FILING
 WITH THE SECURITIES AND EXCHANGE COMMISSION
 NEW YORK, Jan. 14 /PRNewswire/ -- Orion Pictures Corporation (NYSE: OPC) announced today a delay in filing with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for its fiscal quarter ended November 30, 1991, which was due today. The delay resulted from Orion's having filed in December 1991 a petition under chapter 11 of the Bankruptcy Code and its consequent efforts to achieve a financial restructuring of the Company. This resulted in a delay in completing the accounting work necessary to announce quarterly financial results.
 Orion is currently working toward completing the delayed report and filing it with the SEC as soon as practicable under present circumstances.
 -0-
 /CONTACT: Michael Sitrick or Amy Goldberg of Sitrick & Co., 310-788-2850, for Orion Pictures Corp./
 (OPC) CO: Orion Pictures Corporation ST: New York, California IN: ENT SU:


EH-JL -- LA013 -- 9381 01/14/92 08:50 EST
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Publication:PR Newswire
Date:Jan 14, 1992
Words:158
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