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Supplementory io its populor ond clossicql recording operolions,<br />
PolyGrom is involved in music publishing, ond in oudio-visuol<br />
entertoinment using video cossefte, Compocl Disc Video (CDV), Compoct<br />
Disc lnteroctive (CDl), film ond lelevision progromming. li wos on<br />
extremely oclive yeor for PolyGrom in lhese reloted businesses.<br />
ln the music publishing field, we become one of the moior globol<br />
componies with ihe ocquisition of the Welk Music Group, Sweden Music<br />
Publishing ond lhe music publishing operotions of the lslond Group os<br />
porl o{ the broqder lslond ocquisition.These ocquisitions, together with<br />
olhers mode eorlier, provide us wilh over 82500 titles from which we con<br />
receive royohy fees bosed on live, broodcost or recorded performonces.<br />
The Welk Music Group cotologue, for exomple, hos 27,000 songs<br />
from lhe Twenties to lhe present including lhe enlire Jerome Kern<br />
colologue ond mony populor slondords ocquired over 30 yeors.<br />
PolyGrom owns rights lo songs by Abbo, Elton John ond Morvin Hqmlisch,<br />
omong mony others.<br />
The 1989 ocquisitions complemenl those mqde eorlier of<br />
Dick Jomes Music Limited of London, Cedorwood Music Publishing in<br />
Noshville, Boby Records Publishing of ltoly ond severol olher smoller<br />
music publishers.<br />
We ore oggressively morkeling our music publishing colologue<br />
to olher recording componies, performing ortisls, ond providers of music<br />
for home, workploce or mobile use, ond ore octively seeking to ocquire<br />
odditionol copyrights in our moior morkels.<br />
PolyGrom is qlso involved in lhe production of films ond<br />
television progromming. During 1989, we entered into ioint<br />
venture production qrrongements with Los Angeles-bosed<br />
Propogondo Films, ond Working Title Films Limited, o U.K.<br />
independent film producer, lo produce severol films. ln<br />
1989, fhe Compony hod five films in vorious stoges of<br />
production ond posl-produclion.These included<br />
"Fools of Forlune" with Julie "Chrislie ond Mory<br />
Elizobeth Mostrontonio; "Chicogo Joe ond the<br />
Showgirl" with Kiefer Sutherlqnd ond Emily<br />
Lloyd; "Doddy's Dying" storring Beou<br />
Bridges; ond "Wild ot Heort" direcled<br />
by Dovid Lynch with Nicolos Coge,<br />
Louro Dern ond lsobello Rossellini.