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Winstar bought out, renamed Wellspring Media

Winstar TV & Video, the entertainment arm of Winstar Communications, has been bought out by a group of private investors and re-named Wellspring Media. The buyout includes the theatrical division, Winstar Cinema, as well as the TV, home video, production and direct distribution units.Winstar TV & Video president Al Cattabiani will now serve as president and CEO of Wellspring and all of the existing key personnel will remain in place. Winstar Cinema's inaugural release under ...

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