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QDE -- QUINCY JONES-DAVID SALZMAN ENTERTAINMENT FORMED AS CO-VENTURE WITH TIME WARNER ENTERTAINMENT

 Company to Focus on Multimedia Projects, Film and Television
 LOS ANGELES, June 22 /PRNewswire/ -- Quincy Jones and David Salzman have merged their companies to form QDE, Quincy Jones-David Salzman Entertainment, a seven-year co-venture with Time Warner Entertainment. The new company has a broad-ranging, multimedia agenda to encompass programming for current and future technologies, including theatrical motion pictures and network, cable and syndicated television. QDE will also be active in magazine publishing, live entertainment, direct- response marketing and cross-media projects for home entertainment and educational applications, with the two veteran entertainment executives/producers serving as co-chief executive officers of the new company.
 Commenting on the Time Warner-QDE co-venture, Gerald Levin, chairman and chief executive officer of Time Warner Inc., stated: "The strong abilities of Quincy and David, plus their familiarity with the businesses of Time Warner and our vast resources, make their company well positioned to pursue a range of opportunities in the world of entertainment and communications."
 QDE has an extensive slate of films in active development, including "Don Quixote" (with a Waldo Salt screenplay to be co-produced with Steven Haft), "The Pulse" (about a new urban superhero from top comic book artist/writer Todd McFarlane), "Hoover" (a biopic about the late FBI chief, to be co-produced with Francis Ford Coppola), two projects based on characters from Mad magazine ("Alfred E. Neuman" -- to be co- produced with Haft -- and "Spy vs. Spy," a co-production with Steve Tisch), "A Star Is Born" (an urban treatment of the classic, to be done with Silver Pictures) and "Their Eyes Were Watching God" (with Oprah Winfrey's Harpo Productions).
 In the feature film area, Quincy Jones-David Salzman Entertainment has a separate "first look" agreement with Warner Bros. Pictures. Commenting on the agreement, Terry Semel, president and chief operating officer, Warner Bros. Inc., said: "The pairing of Quincy and David is sheer magic, and we expect their partnership with us to continue to yield extraordinary results. These two gentlemen combined have to their credit some of the great film, television and music successes -- including `The Color Purple,' `The Fresh Prince of Bel Air,' `Jenny Jones' and `Back On The Block.' We are thrilled to have them in the Warner family."
 In television, the QDE principals will continue as executive producers of the NBC-TV series "The Fresh Prince of Bel Air," the CBS-TV series "Dark Justice" (a Magnum production in association with Lorimar Television, set to run through April 1994 on CBS) and the syndicated "Jenny Jones" (in association with Telepictures). In addition, Salzman and Jones are executive producers along with creator Brandon Tartikoff, of a breakthrough educational comedy-music children's series, "Big Time TV." Piloted at Jones' WNOL-TV, New Orleans (a Fox affiliate), the program is being pursued by a network and several syndicators. A deal is expected shortly.
 QDE also has pilot, series and specials commitments with NBC-TV and CBS-TV. Numerous other projects are currently in development for network, first-run syndication, pay-TV and basic cable services.
 QDE's first foray into magazine publishing is Vibe, an entertaining chronicle of urban life founded by Jones and published as a co-venture with Time Inc. Ventures. A successful preview issue last fall prompted a five-year commitment to the magazine, which begins publication in September. Jonathan Van Meter has been retained as editor in chief. Gil Rogin is consulting as editor at large for Time Inc. Ventures. QDE is also developing Vibe as a series project for broadcast television and two additional print magazines are being designed by QDE.
 Jones and Salzman are presently working with a broad range of Time Warner divisions. A prominent example is "African Americans: Voices of Triumph," a three-volume book set and prime-time event TV series that is a co-venture with Time Life Inc.'s Custom Publishing Division. "African Americans: Voices of Triumph" is designed to be an annual network event, preceded by "Voices of Triumph" "minutes" and followed by sales of video collectors sets. Senior editorial advisor for the project is Dr. Henry Louis Gates, the preeminent chair of Harvard University's Afro-American Studies Department. The advisory board includes Gordon Parks and Maya Angelou, who will also make creative contributions to the program.
 A 10-hour prime-time television series, "Time Life Presents The History of Rock N Roll," will be produced by Time-Life Television in association with Telepictures Productions and QDE, and distributed by Warner Bros. Domestic Television Distribution for the Prime Time Entertainment Network.
 "With this new venture, we are singularly positioned to do everything and anything in the entertainment and communications universe," commented Salzman and Jones in making the announcement. "Our alliance with Time Warner and our ability to work independently truly gives us the best of both worlds."
 Both Salzman and Jones come to the new partnership as principals of their own co-ventures with Time Warner companies. An Emmy-winning writer and producer, Salzman previously served as president of Lorimar Telepictures, which he guided to a leadership position among suppliers of network and syndicated television programming for five seasons. Salzman joined Telepictures in 1980 as a full partner in charge of all West Coast activities and was named vice chairman in 1984. Earlier, he served as chairman/chief executive officer of Group W Productions and Distribution. He has also independently produced network specials and pay-TV and live events at major arenas, served as executive producer of "The Mike Douglas Show," where he initiated the cash plus barter marketing method, and created the multi-tiered worldwide News and Information Weekly Service (N.I.W.S.).
 Jones is an Emmy winner and seven-time Oscar nominee. Concurrent with one of the most successful and celebrated careers in the history of contemporary music, Jones broke into feature filmmaking as co-producer of the 1985 motion picture, "The Color Purple," nominated for 11 Academy Awards. Jones has won 25 Grammy Awards, composed 33 major motion picture scores, earned worldwide acclaim as producer of the historic "We Are The World" recording session and produced the best-selling album in the history of the recording industry, Michael Jackson's "Thriller." He introduced Whoopi Goldberg and Winfrey to the movie world and launched the careers of countless stars.
 Jones and Salzman began collaborating as producers in 1991 on prime- time projects involving Life magazine and Sports Illustrated. This January, they joined together to mount the An American Reunion concert at Lincoln Memorial, an all-star concert and celebration that was the first official event of the presidential inaugural celebration and drew widespread acclaim as an HBO telecast.
 -0- 6/22/93
 /CONTACT: Eliot Sekuler of Rogers & Cowan, 310-201-8800, for QDE; or Ed Adler of Time Warner, 212-484-6630/ CO: Quincy Jones-David Salzman Entertainment; Time Warner Entertainment ST: California IN: ENT SU: TNM JVN


BP-JL -- LA009 -- 4552 06/22/93 12:01 EDT
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Date:Jun 22, 1993
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