LIVE TAKES ON STUDIOS WITH WISHFUL DEBUT : FIRM AIMS TO BECOME HOLLYWOOD'S NEWEST PLAYER.(BUSINESS)

From: Daily News (Los Angeles, CA) | Date: September 19, 1997 | Copyright information

Byline: Dave McNary Daily News Staff Writer

Home video specialist Live Entertainment begins the process of reinventing itself today by competing head-on with major Hollywood studios.

Van Nuys-based Live, bought out two months ago by investors led by Bain Capital, becomes a full-fledged film distributor with the release of ``Wishmaster'' at about 2,500 U.S. theaters. The 10-year-old company took the first step last month with a limited re-release of the 1987 h...