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Entertainment Industry / MCA-Matsushita Takeover #330586

CBS Evening News for Monday, Nov 26, 1990
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(Studio: Dan Rather) Report introduced.

(Hollywood: David Dow) Japanese electronics giant Matsushita reported buying American entertainment conglomerate MCA, which owns Universal Studios; foreign-owned and US-owned major studios listed on screen; scenes shown from movies. [Media analyst Harold VOGEL, entertainment analyst Jeffrey LOGSDON - comment.] MCA management, including chief Lew Wasserman, reported remaining; sale of MCA concessions in Yosemite National Park noted.

Reporter(s):
Dow, David;
Rather, Dan
Duration:
00:02:10

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