All American Communications, Inc.

All American Communications, Inc. is a diversified entertainment company engaged in the production, distribution, marketing and in the promotion of television programs and recorded music both domestically and internationally. The television industry operates in three major segments:- production - involving the development, financing and making of television shows; distribution - involving the promotion and exploitation of completed television shows and broadcast - involving the airing or broadcast of programming over network affiliated stations, independent stations and cable or satellite television. The company's programming includes the Baywatch franchise and over 60 game show formats. The company distributes or owns television programming consisting of 32 series, approximately 30,000 game show episodes, 145 motion pictures and a library of children's progamming, documentaries and specials. In 1996, the company acquired Orbis Entertainment Company, Inc., a television production company. Television accounted for 89% of 96 revenues and recorded music and merchandising, 11%.