Looks like KLOC is doing something to increase shareholder value!
Kushner-Locke Company retains Rubenstein Investor
Relations as public and investor relations counsel
LOS ANGELES--(BUSINESS WIRE)--Dec. 5, 1996--The Kushner-Locke Co today announced
that it has retained Rubenstein Investor Relations to represent it to the investment community and the
media.
The company, co-founded in 1980 by Donald Kushner and Peter Locke, first offered securities in
1988 on the Nasdaq stock market.
Peter Locke, co-chief executive officer and co-president stated, "Rubenstein is a full-service public
and investor relations firm. By engaging them, we hope to gain greater recognition for
Kushner-Locke from Wall Street and the media."
Richard Rubenstein, president of Rubenstein Investor Relations added, "We are pleased to have
been selected and have the opportunity to assist Kushner-Locke with their external relations. We
will serve as a strategic partner in communicating with the media and the investing public."
"We have designed a comprehensive program for Kushner-Locke and will work closely with current
market makers, along with introducing the company to additional firms. We will also target analysts
and fund managers whose investment criteria match closely with those of Kushner-Locke."
Rubenstein also plans to implement a program of consistent and regular disclosures to keep investors
abreast of the company's activities.
Kushner-Locke is a leading independent producer and distributor of feature films, direct to video
films, television series, made for TV movies, mini-series, and animated programming for theaters and
network and cable television. For the nine month period ended June 30, 1996, KLOC earned
$0.04 per share on record revenues of $58 million, versus a loss of $0.08 per share on revenue of
$13.5 million for the comparable 1995 period.
CONTACT: The Kushner-Locke Company
Peter Locke, Co-President
310/445-1111
or
Rubenstein Investor Relations
Richard Hulnick, 212/843-8009
Fax: 212/843-9200 |
