Latest Mark Shapiro Stories

2009-06-13 14:10:23

The U.S. amusement park chain Six Flags, Inc filed for Chapter 11 bankruptcy Saturday as it wrested with more than $2 billion in debt and slumping attendance. Mark Shapiro, president and CEO, said in a letter to employees posted on the company Web site that the bankruptcy filing Delaware had been pre-arranged and was due in large part to debt inherited from the previous ownership. Even if you have a record year and make approximately $275 million as we did last year, when you have to pay out...

2009-03-10 07:30:00

- Full Year 2008 Adjusted EBITDA(1) Increases 45% to a Record $275.3 Million on 5% Revenue Growth and Reduced Costs and Expenses - Full Year 2008 Operating Income More than Triples to $144.0 Million - Positive Free Cash Flow(1) Achieved for Full Year 2008 for the First Time in the Company's History - Fourth Quarter Adjusted EBITDA Reaches $5.2 Million and, Excluding Certain Non-Cash Items(2), Loss From Continuing Operations Per Share Improves to $0.83 NEW YORK, March 10...

2006-08-29 02:11:38

By Anne Thompson LOS ANGELES (Hollywood Reporter) - Heralding the start of an unusual entrepreneurial relationship, Tom Cruise and his producing partner said Monday they have joined forces with a new investment partnership that will fund the duo's production endeavors for the next two years. The announcement comes less than a week after Viacom Inc. and its Paramount Pictures unit publicly revealed they had ended negotiations to renew the studio's 14-year deal with Cruise/Wagner...

Word of the Day
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'