MPTF: 'Its Business Model Accelerated Its Demise'

October, 27, 2009 10:24 am | Comments On #Movies, MPTF

The Motion Picture and Television Fund’s Wasserman Campus continues to be a vibrant retirement community with a dedicated and committed staff. The campus is “home” to more than 200 industry retirees and their spouses who reside in our independent and assisted living facilities as well as our memory care unit. While the Long Term Care Unit and Hospital at the MPTF are closing, the residential community will continue to thrive.

The attorneys for many of the members of Saving the Lives of Our Own are in possession of MPTF’s audited financial statements and countless other financial documents that were provided by MPTF’s attorneys. They have not disputed or challenged our numbers.

The Long Term Care Unit is one of 23 units that have closed or announced they were closing in California in the past two years. A recent...

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Bob Beitcher, most recently president and CEO of Panavision, Inc., and co-chairman of MacAndrews & Forbes Media Group, has been a senior executive in the entertainment and media industry for more than 25 years, holding executive positions at companies including Lucasfilm, Jim Henson Productions and Paramount Pictures. He is a Member of the Motion Picture and Television Fund’s Board of Trustees

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