LIVE Entertainment Inc. announces completion of purchase of 400,000 shares of Series B preferred stock

Business Wire, Dec 9, 1994

LOS ANGELES--(BUSINESS WIRE)--Dec. 9, 1994--LIVE Entertainment Inc. (OTC:LVEB) Friday announced that on Dec. 9, 1994, it completed a program of open market purchases of 400,000 shares of its Series B preferred stock (SmCap:LVE BP).

The stock purchase program was announced by LIVE on Oct. 17, 1994. In the future, subject to the availability of funds and the prior approval of its board of directors and its lenders, LIVE may acquire additional shares of its Series B preferred stock through open market purchases from time to time.

LIVE Entertainment, with headquarters in Los Angeles, is a diversified entertainment company and software supplier specializing in the marketing and distribution of filmed entertainment, with its primary focus on motion pictures.

The company distributes to the theatrical, non-theatrical, home video, interactive and television markets both domestically and internationally through its subsidiaries, including LIVE Home Video, LIVE Film and Mediaworks, LIVE Interactive and LIVE International.

CONTACT: LIVE Entertainment Inc., Van Nuys, Calif.

Michael J. White, 818/778-3202