SPELLING ENTERTAINMENT INC. ANNOUNCES NEW CHAIRMAN OF THE BOARD AND NEW CHIEF EXECUTIVE OFFICER
SPELLING ENTERTAINMENT INC. ANNOUNCES NEW CHAIRMAN OF THE BOARD
AND NEW CHIEF EXECUTIVE OFFICER
LOS ANGELES, Nov. 7 /PRNewswire/ -- Spelling Entertainment Inc. (ASE: SP), a leading entertainment production and distribution company, announced today that Carl H. Lindner has been named chairman of the board of directors and S. Craig Lindner has been named chief executive officer. Both Lindners presently serve on the board of directors of Spelling Entertainment and as executive officers and directors of The Charter Company, the owner of approximately 85 percent of Spelling's outstanding voting securities.
The assumption of these roles by the Lindners will leave Aaron Spelling, who has been acting as chairman of the board of directors and chief executive officer of the company, free to oversee the company's expanded production schedule, including the hit television show, "Beverly Hills, 90210." Spelling has agreed to continue to head the company's television production activities as chairman of the board and chief executive officer of its west coast production subsidiaries.
Spelling Entertainment is engaged principally in the development, production and worldwide distribution of television series, movies for television and television mini-series. The company also distributes feature films in the international market, produces feature films financed and distributed primarily by major studios and licenses music and merchandising rights associated with its television properties.
/CONTACT: Sandra W. Heimann of American Financial Corp., 513-579-2482, for Spelling Entertainment, Inc./
(SP) CO: Spelling Entertainment, Inc. ST: California IN: ENT SU: PER CG -- CL023 -- 2418 11/07/91 17:11 EST