COMPANY TOWN ANNEX

Milchan Gets New Backer: Australian businessman and media owner Kerry Packer has agreed to become a major shareholder and investor in Arnon Milchan’s Regency Enterprises through Nine Network Australia Ltd., his Australian television company. Packer replaces German media tycoon Bodo Scriba at Regency, though Scriba will continue to co-produce all Regency productions and distribute all Regency products in Germany. With Packer’s involvement, Regency hopes to increase production to 15 movies a year and expand into other entertainment and media ventures. The Warner Bros.-based company’s past films include “JFK,” “Under Siege,” “Sommersby” and “Falling Down.”