HIT’s Orton builds broadcast berth
If you've opened up the business pages recently to read about what's new in the world of kids entertainment, you've undoubtedly come across a story or two in which HIT Entertainment's returning chairman and founder Peter Orton strongly denies a rumor about his company. Ever since CEO Rob Lawes left the company in October, British newspapers have been abuzz with speculation about a takeover bid by Swiss investment firm Mediawin. And when stories about Endemol founder John de Mol swallowing up 5% of HIT's stock hit the broadsheets in December, the gossip mill kicked into high gear again.
January 1, 2005
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