IWERKS ENTERTAINMENT INC
8-K, 1997-03-27
MOTION PICTURE THEATERS
Previous: UNITED INVESTORS INCOME PROPERTIES, 10KSB, 1997-03-27
Next: SCRIPTEL HOLDING INC, 10-K, 1997-03-27






                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549

                             ---------------------

                                   Form 8-K

                                CURRENT REPORT
                      PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934


       Date of Report (Date of earliest event reported):  March 6, 1997


                          IWERKS ENTERTAINMENT, INC.
              (Exact Name of Registrant as Specified in Charter)


         Delaware                 0-22558               95-4439361
(State or Other Jurisdiction    (Commission            (IRS Employer
     of Incorporation)          File Number)         Identification No.)


                           4540 West Valerio Street
                        Burbank, California  91505-1045
                   (Address of Principal Executive Offices)

                                (818) 841-7766
                        (Registrant's Telephone Number)

PAGE 1
<PAGE>



ITEM 5.  OTHER EVENTS

     Reference is made to the press release of Registrant, issued on March 7,
1997, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference.  A copy of this press release
is attached to this Form 8-K as Exhibit 99.1.

PAGE 2
<PAGE>

                                  SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


March 20, 1997                     IWERKS ENTERTAINMENT, INC.



                              By:   /s/ Bruce Hinckley
                                   -------------------------------------------
                                   Bruce Hinckley
                                   Chief Financial Officer

PAGE 3
<PAGE>

                                 EXHIBIT INDEX

Exhibits                                                            Page Number
- --------                                                            -----------

99.1      Press Release dated March 7, 1997.                     


PAGE 4
<PAGE>




HEADLINE:  Iwerks Entertainment announces resignation of Paula Douglass

DATELINE:  BURBANK, Calif.

BODY:

     March 7, 1997--Iwerks Entertainment Inc. (NASDAQ:IWRK) Friday announced
that Paula Douglass has resigned as a director and co-chairman of the board of
the corporation as of March 6, 1997.

     Roy Wright, chief executive officer and chairman of the board of Iwerks
Entertainment, said, "I would like to thank Ms. Douglass for her service to the
company and I wish her well in her future endeavors."

     Burbank-based Iwerks Entertainment is one of the world's leading producers
of high-tech multi-sensory experiences such as ride simulation, 2D and 3D
giant-screen theaters, and other immersive attractions.  For complete
information, access www.iwerks.com on the World Wide Web. 

     NOTE TO EDITORS:  for this company's past press releases go to

     http://www.businesswire.com/cnn/irwk.htm



     CONTACT:  Iwerks Entertainment Inc., Burbank
               Roy A. Wright, 818/841-7766





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission