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Film: Cinergi Pictures Entertainment Inc. said its profit fell sharply to $233,000 in the first quarter from $2.08 million a year earlier, when the company’s results were boosted by the box office performance of the film “Tombstone.” Revenue dropped to $12.7 million from $19.3 million. The company had no major film releases in the first quarter, with revenue coming mainly from home video and pay television sources. However, three Cinergi films are due out this year, including the Twentieth Century Fox film “Die Hard With a Vengeance” starring Bruce Willis, the Sylvester Stallone film “Judge Dredd” from Hollywood Pictures, and the Demi Moore film “The Scarlet Letter,” also to be released by Hollywood.
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