ENTERTAINMENT
From Times Staff and Wire Reports
Live Restructuring Deal: Live Entertainment Inc., a Van Nuys-based video distributor, has reached agreement in principle with the unofficial committee representing certain holders of Live’s 14.5% senior subordinated notes due in 1999 and Live’s Series A preferred stock on restructuring terms. Details of the agreement were not announced. As part of the deal, however, Pioneer LDCA Inc. will provide interim film rights acquisition financing of up to $15 million to Live’s home video subsidiary.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
