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SPELLING ENTERTAINMENT GROUP INC.
EXHIBIT 11 - COMPUTATION OF NET LOSS PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
Three Months Ended Nine Months Ended
September 30, September 30,
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1998 1997 1998 1997
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Loss from continuing operations applicable
to common stock $ (4,459) $ (18,087) $ (2,794) $ (14,322)
Loss from discontinued operations 25,000 -- 25,000 --
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Net loss applicable to common stock $ (29,459) $ (18,087) $ (27,794) $ (14,322)
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Shares:
Basic shares - weighted average of common
shares outstanding 92,514 90,746 92,223 90,730
Additional shares assuming conversion of
stock options and warrants -- -- -- --
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Diluted shares 92,514 90,746 92,223 90,730
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Basic loss per common share:
Continuing operations $ (0.05) $ (0.20) $ (0.03) $ (0.16)
Discontinued operations (0.27) -- (0.27) --
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Basic loss per common share $ (0.32) $ (0.20) $ (0.30) $ (0.16)
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Diluted loss per common share:
Continuing operations $ (0.05) $ (0.20) $ (0.03) $ (0.16)
Discontinued operations (0.27) -- (0.27) --
---------- ---------- ---------- ----------
Diluted loss per common share $ (0.32) $ (0.20) $ (0.30) $ (0.16)
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