Metromedia and John Kluge bought 6.5% of Orion.

The equivalent in common shares and warrants were reported purchased for investment purposes by Metromedia and its chairman, Kluge. As reported to the Securities and Exchange Commission, the interest includes 105,240 shares bought at $13 each on May 22 and 532,260 stock purchase warrants bought at $7 each the same day. Viacom International earlier this year acquired stock and warrants for the equivalent of 29% of Orion.