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Sherry Lansing, 20th Century Fox studio's first female president of production, sparked a police chase on the studio lot during her first day on the job.
General Electric said Tuesday that it has agreed to sell its 75% stake in RCA/Ariola International record operations to Bertelsmann AG, which already owns the other 25%.
Movies have come under the control of hedge funds that specialise in risk management. The result: boring, predictable cinema.