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RENAMED ENTERTAINMENT GROUP TO OVERSEE VANCOUVER PRO SPORTS
Published August 23, 1995
The Canucks and Grizzlies will now be operated through Orca Bay Sports & Entertainment, the organization announced yesterday. The Orca Bay corporate identity replaces Northwest Entertainment Group, and will also oversee GM Place (which opened yesterday) and Winning Spirit retail stores. Orca Bay Chair/CEO Arthur Griffiths: "With the opening of a new arena which will serve as home to our Canucks and Grizzlies, we thought it made sense to mark the new era with a new name and look." Orca Bay Vice Chair John McCaw, Jr.: "We hope our organization grows to reflect the strength, unity and loyalty exemplified by the Orca" (Orca Bay). Orca Bay now holds 100% of the Grizzlies, 100% of GM Place and 87% of the Canucks. Griffiths estimated the assets of the company at C$400M -- with GM Place worth C$165M (VANCOUVER SUN,, 8/23). Griffiths added that the name was chosen to reflect the organization's West Coast heritage and that he will remain as Chair and CEO of the organization. John McCaw, Jr., will remain as Vice Chair. Other personnel: John Chapple was named President and CEO, and Michael Korenberg as Deputy Chair and General Counsel (Vancouver PROVINCE, 8/23).