Firm to Restructure Bond Debt: New Visions...

Firm to Restructure Bond Debt: New Visions Entertainment, a Century City-based independent film producer, said it is negotiating to restructure its $16 million in bond debt, but that it does not expect to make its $500,000 interest payment during the 30-day grace period ending April 30. The 15-month-old company’s first movie release, “Rooftops,” flopped at the box office last month. The firm originated in the merger of New Century Entertainment with producer-director Taylor Hackford’s New Visions Inc.