Skimmed thru 500 to 1000 pages of Edgars on TPEG . . .PT. I
Looking for shady deals or questionable decisions over past 5 years. I must admit, I had a chip on my shoulder going in, but could not find anything that was undesirable. About a year ago, they approved a 1-for-3 RS, which I believe they executed last year. Still. . not a big problem, especially since it was only 1/3.
Basically, it appears that about 8 well-known Hollywood Film/TV producers decided to pool their efforts into a production holding company, which controls their films, their assets, their production companys, their studios and their individual operations. Seems to be working well, especially since these guys have stuck together for so long.
This company has proven itself as a holding company. And of course, always reports. . . and says what it does. . .and does what it says. No streams of meaningless public relations trash coming from them. Just the basics.
Aside from about a half-dozen or more subsidiary production companies, some of the familiar holdings include the film, "What's Love Got to Do with It?". . .management of Seinfeld actress, Julia-Louise-Dreyfuss. . . and a slew of childrens television programming. . .TV shows. . .and films.
Best to just spend a few hours and browse the Edgars. But here is a list of brief bios on the Board of Directors:
Salvatore "Sonny" Grosso 61 1997 Mr. Grosso has been a Co-Chairman of the Board of
Directors of TPEG, as well as its Chief Operating Officer
since October 1997. From 1980 when he and Mr.
Jacobson founded The Grosso-Jacobson Entertainment
Corporation ("G-J Entertainment") and Grosso-Jacobson
Productions, Inc. ("G-J Productions"), to October 1997
when G-J Entertainment and G-J Productions were each
acquired by TPEG, Mr. Grosso served as the Vice-
President and Secretary at each of G-J Entertainment and
G-J Productions. During Mr. Grosso's tenure with these
companies, more than 750 hours of television
programming was produced, including "The Big Easy,"
a made-for-television series created for USA Network
based on the motion picture of the same name.
Lawrence S. Jacobson 60 1997 Since October 1997, Mr. Jacobson has served as a Co-
Chairman of the Board of Directors of TPEG and as the
Company's President. From 1980 when he and Mr.
Grosso founded G-J Entertainment and G-J Productions,
to October 1997 when G-J Entertainment and G-J
Productions were each acquired by TPEG, Mr. Jacobson
served as Chief Executive Officer and President at each
of G-J Entertainment and G-J Productions. During Mr.
Jacobson's tenure with these companies, more than 750
hours of television programming was produced, including
"The Big Easy," a made-for-television series created for
USA Network based on the motion picture of the same
name.
Irwin Meyer 62 1989 Mr. Meyer has been a director of TPEG since its inception
in 1989 and has served as its Chief Executive Officer
since February 1995. Since October 1997, Mr. Meyer has
been a Co-Chairman of the Board of Directors. At
various times prior to October 1997, Mr. Meyer has
served as TPEG's: Chairman of the Board (April
1996-October 1997; January 1991-June 1992); Co-
Chairman of the Board (February 1990-December 1990) and
President (February 1995-October 1997). From 1988 to
July 1994, Mr. Meyer was a director of Ventura
Entertainment Group Ltd., the Company's former parent
("Ventura"), and from May 1988 to December 1990, Mr.
Meyer was President of Ventura. Mr. Meyer was an
executive producer of seven of TPEG's made-for-
television movies. In 1995 he was nominated for
Producer of the Year by the Producers Guild of America.
Mr. Meyer received the Antoinette Perry ("Tony") Award,
the New York Drama Critics Circle Award, the Drama Desk
Award, the Outer Critics Circle Award and the Cue
Magazine Golden Apple Award, for his 1977 production of
the musical "Annie." Mr. Meyer is a member of the
Academy of Motion Picture Arts and Sciences and the
Academy of Television Arts and Sciences. He holds a
B.S. from New York University.
Arthur H. Bernstein 35 1995 Mr. Bernstein has been a director of the Company since
February 1995 and has served as the Executive Vice
President of the Company since October 1997 as well as
the Company's Secretary since March 1995. Between
June 1992 through October 1997, Mr. Bernstein served
as a Senior Vice President of TPEG and was the
Company's Vice President-Business and Legal Affairs
from September 1991 to June 1992. Prior to this, Mr.
Bernstein was the Director of Legal and Business Affairs
for New World Entertainment Ltd. from July 1989 to
August 1991. From 1987 to June 1989, he was Assistant
General Counsel of Four Star International, Inc. Mr.
Bernstein received a B.S. in finance and marketing from
Philadelphia College of Textiles and Sciences in 1984 and
his law degree from Temple University in 1987.
Michael Collyer 56 1997 Mr. Collyer has been a director of the Company since
October 1997. Since 1972 Mr. Collyer has been a
partner in the law firm Kay Collyer & Boose LLP
and its predecessor firms. Mr. Collyer received a
B.A. degree from Williams College in 1963 and a
law degree in 1966 from Columbia University School
of Law.
Gilbert J. Spiegel 45 1997 Mr. Spiegel has been a director of the Company since
October 1997. Since 1991, Mr. Spiegel has served as the
President and Chief Executive Officer of American
Financial Service, Inc., a real estate loan
[provider/servicer]. Prior to his position with
American Financial Service, Mr. Spiegel has worked in
the real estate finance and law fields. Mr. Spiegel
received a B.S. in Pre-Law and Accounting from Michigan
State University in 1964 and received his law degree
from Temple University in 1967.
Michael Iscove 47 1997 Mr. Iscove has been a director of the Company since
October 1997. Since June 1995, Mr. Iscove has served as
the Chairman, President and Chief Executive Officer of
Sirius Corporate Finance Inc. Prior to that, Mr. Iscove
was the President of Creative Fusion Ltd.--from April 1995
to June 1995. In 1978 Mr. Iscove received a Chartered
Accounts Designation in accounting from The Canadian
Institute of Chartered Accountants. In 1972, Mr. Iscove
received a B.A. in English from York University Toronto,
Canada.
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